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50 Fillér Metro Vízmérőgyár Rt., Budapest

Issuer Metro Vízmérőgyár Rt. (Metro Water Meter Factory Co.), Budapest
Year 1920
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Value 50 Fillér (0.50)
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Obverse description Pale green and rose-red bicolour note printed by letterpress. A large central guilloche rosette underprint in rose-red dominates the field, with four smaller rosette ornaments at each corner, each overprinted with the denomination '50 fillér' in black. The word 'UTALVÁNY' (voucher) runs in bold black capitals across the upper portion, with the large numeral '50' centred below, followed by the inscription 'fillérről,' in italic script. The redemption text in Hungarian script reads 'mely összeget a METRO vízmérőgyár r.t. főpénztára törvényes pénzre váltja be.' with place and validity date 'Budapesten, 1920. deczember 15-ig.' at the foot.
Obverse lettering UTALVÁNY
50
fillérről,
mely összeget a METRO vízmérőgyár r.t. főpénztára törvényes pénzre váltja be.
Budapesten,
1920. deczember 15-ig.
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Comments

Metro Vízmérőgyár Rt. was one of hundreds of Hungarian industrial firms that issued small-denomination emergency scrip during the acute coin shortage that followed the First World War and the collapse of the Austro-Hungarian monetary system. These Szükségpénz — necessity money — were a practical response to the near-total disappearance of small change from circulation, as hoarding and metal requisitioning had stripped the country of usable coin well before the 1920 Treaty of Trianon formalized Hungary's new borders.

The Adamo MSZK cataloguing system places this note within the Budapest corporate scrip sequence. Factory-issued fillér notes of this period survive in wildly uneven numbers — some firms issued thousands, others just a few hundred — and redemption compliance was inconsistent once the National Bank of Hungary began restoring small-denomination coinage.

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