Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5000 Korona
| Issuer | Hungarian Royal Ministry of Finance |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Central vignette at right comprises an oval portrait of Hungaria wearing a crown and royal robes, set within an ornate guilloche border. The large denomination numeral 5000 appears in each corner, with the bold title inscription ÖTEZER KORONA across the centre. A multi-line Hungarian text below states the legal tender clause, with the issue date BUDAPEST, 1923. ÉVI JULIUS HÓ 1-ÉN and the PÉNZÜGYMINISTER signature line at foot. |
|---|---|
| Obverse lettering | ÖTEZER KORONA EZ AZ ÁLLAMJEGY, A MELY MAGYARORSZÁG FÜGGŐ ADÓSSÁGÁNAK RÉSZE, A TÖRVÉNY-HATÁROZATAIHOZ KÉPEST MINDENKI ÁLTAL VALAMINT MINDEN KÖZPÉNZTÁRNÁL FIZETÉSKÉPP TELJES NÉVÉRTÉKBEN ELFOGADANDÓ. BUDAPEST, 1923. ÉVI JULIUS HÓ 1-ÉN. PÉNZÜGYMINISTER AZ ÁLLAMJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK Magyar Pénzjegynyomda Rt. Budapest |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
By 1923, Hungary was deep in the hyperinflationary spiral that followed the dissolution of the Austro-Hungarian Empire and the punishing terms of the Treaty of Trianon. The Hungarian Royal Ministry of Finance — not a central bank — was issuing currency directly, a structural abnormality that reflected just how thoroughly the old monetary architecture had collapsed. The 5000 Korona was a high denomination by prewar standards; by the time most of these notes reached circulation, it barely covered basic transactions.
Magyar Pénzjegynyomda had been established precisely to give Hungary domestic printing capacity after the break with Vienna. The korona itself would be replaced by the pengő in 1927, rendering the entire series obsolete within a few years of issue.