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2 Korona
| Issuer | Hungarian State (Államjegy) |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 2 KÉT KORONA EZ AZ ÁLLAMJEGY, AMELY MAGYARORSZÁG FÜGGŐ ADÓSSÁGÁNAK RÉSZE, A TÖRVÉNY HATÁROZATAIHOZ KÉPEST MINDENKI ÁLTAL, VALAMINT MINDEN KÖZPÉNZTÁRNÁL FIZE- TÉSKÉP TELJES NÉVÉRTÉKBEN ELFOGADANDÓ. BUDAPEST, 1920. ÉVI JANUÁR HÓ 1.-ÉN. AZ ÁLLAMJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK. (Translation: Two Crowns This treasury note, which is a part of Hungary`s pending debt, is to be accepted at full face value as payment by everyone and in every public fund, according to the decisions of the law. Budapest, January 1, 1920 Counterfeiting treasury notes is punishable by law) |
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| Reverse lettering | 2 KÉT KORONA (Translation: Two Crowns) |
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| Comments |
Hungary's postwar state treasury notes — Államjegy, literally "state notes" — were issued outside the banking system because the Austro-Hungarian Bank had ceased functioning with the collapse of the empire. The 2 Korona denomination sat at the low end of a series designed to fill the immediate transactional void, and the print run of just over a million was modest by the inflationary standards of what was coming. Within two years, the korona was in freefall.
Pick 58 is not especially rare, but genuine circulated examples often show heavy soiling at the folds — small denominations passed through many hands quickly in a destabilized economy.