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100 000 Korona

Issuer Hungarian Royal Ministry of Finance
Year 1923
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Reference(s) P#76
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Obverse lettering SZÁZEZER 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 MÁJUS HÓ 1-ÉN.
PÉNZÜGYMINISTER.
AZ ÁLLAMJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK.
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Reverse lettering SZÁZEZER KORONA
UNASUTĂ MII COROANE.
HUNDERTTAUSEND KRONEN.
STOTISÍC KORUN.
СТО ХИЉАДА КРУНА.
СТОТЫСЯЧЪ КОРУНЪ.
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Comments

By 1923, Hungarian hyperinflation had rendered denominations that would have seemed unthinkable five years earlier entirely routine. This 100,000 Korona note was issued by the Ministry of Finance directly — Hungary had no functioning central bank at the time, the Austro-Hungarian Bank having been wound up after the dissolution of the empire, leaving fiscal and monetary issuance awkwardly merged in the same government office.

The Orell Füssli credit in the printer data refers to the intaglio plate work, not the full print run — Magyar Pénzjegynyomda handled domestic production as the Swiss firm supplied technical capacity it couldn't yet replicate locally.

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