10 Korona

The Magyar Postatakarékpénztár series of 1919 was rushed into production as Hungary convulsed through successive regime changes — the collapse of the Habsburg monarchy, the short-lived Hungarian Democratic Republic, and then Béla Kun's Soviet Republic, all within months. The Postal Savings Bank, not the central bank, became an emergency issuing authority precisely because the institutional banking structure had effectively ceased to function.

These notes were printed domestically in Budapest at a moment when quality control was not a priority. Paper stock and ink consistency vary noticeably across surviving examples of the series.