deekster

1 years ago

CURRENCY

1946 Hungarian One Million Pengo Banknote

Key Facts & Value

Key Fact

Historical significanceThe Egymillió B-Pengo banknote was issued during a tumultuous period in Hungarian history, marked by World War II and the subsequent hyperinflation that plagued the country. The Pengo was the official currency of Hungary until it was replaced by the Forint in 1946.

Design and FeaturesThis banknote features intricate designs and detailed engravings, showcasing the artistry of Hungarian currency at the time. The inclusion of the Magyar Nemzeti Bank's signatures demonstrates its legitimacy and the central bank's authority.

Cultural ImpactThe issuance of such high-denomination notes reflects the economic instability and inflationary pressures that characterized post-war Hungary. Collectors seek these notes not just for their monetary value but as artifacts of a significant historical era.

Value Fact

The value of this item is influenced by its rarity and historical context. As an artifact from a period of hyperinflation, it appeals to collectors interested in economic history. The condition of the note, its provenance, and the demand for wartime currency all play crucial roles in determining its market price. Notably, banknotes like the Egymillió B-Pengo are often sought after not only for their face value but also as symbols of resilience in the face of economic adversity.

The scarcity of well-preserved examples from this era significantly enhances the allure and potential value of the Egymillió B-Pengo among collectors.

In the galleries

Old World Currency

Item Details

Official Details

CategoryCurrency

Year1946

Country of OriginHungary

Length-

Width-

Weight-

Denomination1,000,000

CurrencyPengo

Thickness-

Designer-

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Distribution-

Currency Variant-

Printer-

Currency Obverse-

Currency Reverse-

Composition-

EraWorld War II

Currency TitleEgymilli

Variation Details

Grading Company-

Grade-

Krause Number-

deekster Details

Certification Number-

Currency Serial Number-

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