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10 Korona
| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1919 |
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| Composition | Log in to see details |
| Size | 142 × 88 mm |
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| Obverse description | At left, a circular vignette contains a classical allegorical female bust in profile facing right, rendered in fine intaglio engraving with detailed hair ornament. To the right, the denomination TIZ KORONA is set in bold letterpress within a text panel bearing the issuing authority inscription and the Budapest date of 9 August 1919. The lower border carries the warning legend E PENZJEGY UTANZASA A TÖRVENY SZERINT BÜNTETTETIK, with serial number and control numerals printed in red below the facsimile signatures. |
|---|---|
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| Reverse lettering | TIZ KORONA |
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| Comments |
The Magyar Postatakarékpénztár issued this note during one of the most unstable months in Hungarian monetary history. Following the collapse of the Habsburg state, the new Hungarian government urgently needed low-denomination paper to replace the withdrawn Austro-Hungarian krone notes — the Postal Savings Bank, not the national bank, was pressed into service as the issuing authority precisely because the institutional framework for a proper central bank did not yet exist.
The series to which this note belongs was produced entirely within Budapest under severely constrained conditions in early 1919, the same year Hungary cycled through three governments — the democratic republic, the short-lived Soviet Republic, and finally the counterrevolutionary administration. Notes from this issue circulated under all three regimes.