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50 Fillér Metro Vízmérőgyár Rt., Budapest

Issuer Metro Vízmérőgyár Rt. (Metro Water Meter Factory Co.), Budapest
Year 1920
Type Local banknote
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Reverse description Printed in black and yellow-ochre on white paper, the reverse presents a bold rectangular frame of cross-hatched and ruled border ornaments in dark olive-black. Within, an oval cartouche in pale blue-green and rose underprint bears the issuer's name '"METRO"' arched at the top, 'VÍZMÉRŐGYÁR R.-T.' across the centre, and '"BUDAPEST"' at the base, all in bold black capitals. Below the cartouche the large denomination numeral '50' with the word 'fillér' beneath is set against a yellow-ochre acanthus scroll vignette flanking both sides.
Reverse lettering "METRO"
VÍZMÉRŐGYÁR R.-T.
"BUDAPEST"
50
fillér
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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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