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| 正面描述 | The obverse carries a central vignette of Lajos Kossuth framed within an oval portrait medallion, flanked by allegorical female figures, one bearing the United States shield and another associated with Liberty alongside the Hungarian arms. Denomination numerals '50' appear in the upper corners, with the issuing legend and place of issue inscribed in letterpress across the note. |
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| 背面描述 | The reverse, as visible through the note, presents the text 'HUNGARIAN FUND' and 'FIFTY DOLLARS' in bold letterpress across the upper portion, with 'NEW YORK' inscribed at the lower centre, all printed in black on white paper with no additional vignettes or ornamental underprint. |
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The Hungarian Fund was established by Lajos Kossuth during his 1851–1852 tour of the United States, intended to raise money and political support for a renewed Hungarian independence campaign following the failed 1848–49 revolution. These notes were sold — not circulated as currency — to American sympathizers, functioning more as patriotic bonds or subscriptions than as banknotes in any practical sense. Kossuth's American reception was extraordinary; Congress granted him a rare formal address, and public enthusiasm translated directly into purchases of Fund paper.
Whether any of the promised redemption was ever realistically intended is another matter. The liberation campaign never materialized.