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| Issuer | Magyar Postatakarékpénztár (Hungarian Postal Savings Bank) |
|---|---|
| Year | 1919 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | The reverse is executed in blue-green on a pale ground and relies entirely on elaborate guilloche lacework for its decorative programme. A broad horizontal guilloche band occupies the centre, enclosing the issuer's name in spaced letterpress characters. Six large oval rosette medallions with intricate lathe-work are positioned symmetrically — one at each corner and one each at top and bottom centre — against a fine wavy-line underprint. The serial number prefix and numeral are printed in red at the upper left and upper right respectively. |
| Reverse lettering | A MAGYAR POSTATAKARÉKPÉNZTÁR PÉNZJEGYE |
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| Comments |
The Magyar Postatakarékpénztár issued this note during one of the most turbulent sequences in Hungarian monetary history — the weeks surrounding the collapse of the Hungarian Democratic Republic and the proclamation of the Hungarian Soviet Republic in March 1919. The Postal Savings Bank had been pressing emergency low-denomination notes since 1918 precisely because Austro-Hungarian crown coinage had vanished from circulation, hoarded by a public that trusted metal over paper.
Pick 35 is domestically printed throughout, with no foreign contractor involvement — an unusual circumstance driven by wartime isolation rather than institutional preference. The guilloche underprint is the sole mechanical security measure, modest even by the standards of the period.