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50 Fillér Világítási és Vízmű Rt., Budapest

Issuer Világítási és Vízmű Részvénytársaság, Budapest
Year 1920
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In circulation to 1 December 1920
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Obverse description Orange and yellow underprint with a fine guilloche pattern fills the rectangular frame. At centre, a diamond-shaped vignette contains a black intaglio-style illustration of an industrial water tower or gasometer structure, flanked on either side by smaller rhombus panels bearing the denomination words ŐTVEN and FILLÉR. The numeral 50 appears in large figures at upper left and upper right, with the issuer's name VILÁGÍTÁSI ÉS VÍZMŰ R.T. along the top margin and BUDAPEST in bold block lettering along the lower border.
Obverse lettering VILÁGÍTÁSI ÉS VÍZMŰ R.T. UTALVÁNY ötven, azaz 50 fillérről, melynek ellenértékét főpénztárunk szolgáltatja ki 1920. év deczember hó 1.-ig BUDAPEST
(Translation: Lighting and Water Utilities Inc. Payment Order about 50 fillér, which will be payed in our main cash register till the 1st of December, 1920 BUDAPEST)
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Világítási és Vízmű Részvénytársaság — roughly, the Lighting and Waterworks Joint-Stock Company — was a Budapest municipal utility, and its issue of small-denomination paper in 1920 reflects the acute coin shortage that followed Austria-Hungary's dissolution and the subsequent currency chaos of the early Hungarian republic. With the korona collapsing and metal coinage nearly absent from everyday commerce, tramway operators, factories, and utilities across Hungary printed their own fillér-denomination tokens and notes to make change. These are known collectively as szükségpénz — necessity money.

The Adamo MSZK cataloguing places this among the Budapest corporate emergency issues, a category that remains incompletely documented.

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