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50 Pengő Russian Occupation
| Issuer | Command of the Red Army (Вöröshadsereg Parancsnoksága) |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 50 Pengos (50 Pengő) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Plain unprinted back with a fine diamond-pattern guilloche underprint across the entire field in pale tone, providing a restrained counterpart to the elaborately printed obverse. Three oval medallions in dark brown are arranged horizontally: a large central medallion carries the bold numeral "50" set within dense lathe-work, flanked by two smaller matching medallions also bearing "50". The denomination "ÖTVEN PENGŐ" is inscribed in a banner beneath the central medallion. |
| Reverse lettering | A VÖRÖSHADSEREG PARANCSNOKSÁGA ÖTVEN PENGŐ 1944 (Translation: The commander of the red army Fifty Pengoes 1944) |
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| Comments |
Issued under Soviet military authority following the Red Army's advance into Hungary in late 1944, this note was part of a six-denomination series produced in Moscow for immediate use in occupied territory. The issuing line reads in Hungarian — "Vöröshadsereg Parancsnoksága" — a deliberate concession to local readability in a country that had been fighting alongside Nazi Germany until occupation. The notes were not backed by any recognizable monetary authority and had no formal exchange guarantee.
With over twelve million printed, this was among the higher-circulation values in the military series, yet surviving examples in decent condition are not common — wartime Hungary descended into one of history's worst hyperinflations within months, making most paper money effectively disposable.