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20 Korona Cegléd

Issuer Czegléd Város Pénztára (Cegléd Municipal Treasury)
Year 1919
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Value 20 Korona
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Obverse description Blue letterpress on olive-green tinted paper. The heading 'CZEGLÉD VÁROS PÉNZTÁRA' is printed across the top within a guilloche-bordered rectangular frame with ornamental corner rosettes. The denomination 'HUSZ KORONA' is set in bold central lettering flanked by the numeral '20' and the word 'KORONA' at left and right. Below the value panel, two lines of Hungarian text state the redemption obligation, followed by the issue date 'CZEGLÉD, 1919. ÉVI MÁJUS HÓ 31-ÉN' and three manuscript signatures above their respective printed titles.
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Reverse description Plain olive-green tinted paper with a central decorative cartouche in blue letterpress, enclosing the denomination numeral '20' flanked by the abbreviated legend 'HUSZ' and 'KOR.' The series and serial number are printed in the upper corners as 'SOROZAT:' and 'SZÁM:' respectively. A three-line Hungarian legal text at the foot declares the note's full cover deposited with the Ceglédi Takarékpénztár Egyesületnél and warns that refusal or counterfeiting will be subject to revolutionary tribunal.
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Comments

Cegléd's municipal treasury issued this 20 korona note during the chaotic interlude of 1919, when the collapse of Austria-Hungary left Hungarian towns briefly managing their own emergency currency. These locally-produced szükségpénz — necessity money — filled the vacuum left by the disappearance of reliable coin and the inadequacy of central bank supply during simultaneous political crises: the short-lived Hungarian Soviet Republic and its violent aftermath.

Printed locally, the note was never intended to travel far. Municipal issues from this period were typically redeemed quickly or simply abandoned once central authority reasserted itself, which accounts for their relative scarcity in circulated grades today.

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