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50 000 Korona
| Issuer | Hungarian Royal Ministry of Finance |
|---|---|
| Year | 1922 |
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| Value | Log in to see details |
| Currency | Crown (1919-1926) |
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| Obverse description | The face is dominated by an intricate guilloche border in brown tones with the denomination numeral 50000 repeated in each corner. The Hungarian royal arms appear at top centre within the ornate frame. The central panel carries the large letterpress title ÖTVENEZER KORONA above a block text in Hungarian stating the note constitutes part of Hungary's floating debt, dated BUDAPEST, 1922. ÉVI AUGUSZTUS HÓ 15-ÉN, with the signature line reading PÉNZÜGYMINISTER and a warning against counterfeiting below; the serial number area to the right is left blank, consistent with a trial or specimen printing. |
|---|---|
| Obverse lettering | ÖTVENEZER KORONA EZ AZ ÁLLAMJEGY, A MELY MAGYARORSZÁG FÜGGŐ ADÓSSÁGÁNAK RÉSZE, A TÖRVÉNY HATÁROZATAIHOZ KÉPEST MINDENKI ÁLTAL, VALAMINT MINDEN KÖZÉPTÁRNÁL FIZETÉSKÉP TELJES NÉVÉRTÉKBEN ELFOGADANDÓ. BUDAPEST, 1922. ÉVI AUGUSZTUS HÓ 15-ÉN. PÉNZÜGYMINISTER. AZ ÁLLAMJEGYEK UTÁNZÁSA A TÖRVÉNY SZERINT BÜNTETTETIK. |
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| Comments |
Hungary's postwar inflation was severe enough by 1922 that the Ministry of Finance had contracted Orell Füssli in Zurich to handle production — domestic printing capacity was either insufficient or politically complicated in the wake of the Treaty of Trianon and the successive regime changes that followed Karl's two restoration attempts. Outsourcing to a Swiss security printer was a practical fix, not an unusual one for a state scrambling to issue high-denomination notes faster than its own infrastructure could manage.
The 50,000 Korona was rendered obsolete within two years when the korona's collapse forced the introduction of the pengő in 1926.