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Hungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AU

Description: Hungary 100 Million Pengo 1946 | Pick# 124 | PMG 66 EPQ GEM Uncirculated TOP POP | Rare Hyperinflation-Era Banknote This listing features a Hungary 100 Million Pengo banknote, cataloged as Pick# 124, graded PMG 66 EPQ GEM Uncirculated (TOP POP). Issued during the extreme hyperinflation crisis of 1946, this note represents one of the largest denominations issued as Hungary’s economy spiraled out of control. This particular banknote holds a TOP POP designation, meaning no examples of this issue have been graded higher by PMG. This makes it an exceptionally rare and desirable piece for collectors of hyperinflation banknotes and World War II-era currency. Key Features: •Denomination: 100 Million Pengo•Year: 1946•Country: Hungary•Pick Number: 124•Condition: PMG 66 EPQ GEM Uncirculated (TOP POP) – the highest grade awarded to this note, with flawless paper quality, vibrant colors, and crisp design details.•Rarity: This note is graded TOP POP, meaning no higher-grade examples of this issue exist in the PMG population, making it the finest known example. Collectibility and Appeal: This Hungary 100 Million Pengo (Pick# 124) is not only a rare piece of history from Hungary’s hyperinflation era, but it is also the finest known example of this note, graded PMG 66 EPQ GEM Uncirculated. Issued during one of the most extreme cases of hyperinflation in world history, this banknote is a must-have for collectors seeking a TOP POP banknote that represents both economic collapse and a critical period in Hungary’s post-World War II recovery. Why Collect This 100 Million Pengo (TOP POP) Banknote? •Historical Significance: Issued during Hungary’s hyperinflation crisis, this note reflects a period of severe economic instability, with the 100 Million Pengo denomination symbolizing the rapid devaluation of the currency. This note serves as a historical artifact of one of the worst cases of hyperinflation ever recorded.•Rarity and TOP POP: This note is graded PMG 66 EPQ GEM Uncirculated, the highest grade awarded to this issue, with no higher-graded examples existing. This TOP POP designation makes it an exceptionally rare find for collectors and investors.•Investment Potential: As a TOP POP banknote from the infamous hyperinflation era, this note offers outstanding investment potential. The combination of rarity, condition, and historical context makes this note highly desirable and likely to appreciate in value. Additional Details: •Perfect for Collectors: Whether you focus on hyperinflation currency, Hungarian banknotes, or top-tier graded collectibles, this note represents the finest example of a significant piece of economic history.•Unrivaled Condition: Graded PMG 66 EPQ GEM Uncirculated, this note remains in perfect condition, with impeccable design details, pristine paper quality, and vibrant colors. Its status as the finest example available further enhances its appeal. Don’t Miss Out! This Hungary 100 Million Pengo 1946 (Pick# 124) PMG 66 EPQ GEM Uncirculated (TOP POP) is an incredibly rare opportunity to own the highest-graded example of this historically significant banknote. As the finest known example in the PMG population, this note is a rare find for serious collectors and investors alike. Bid now to secure this valuable and collectible TOP POP banknote for your collection! Journey Into Hungarian Banknote Collecting and Investing: Post-1945 Era Collecting and investing in Hungarian banknotes from the post-1945 era offers a fascinating exploration into the country’s economic, political, and social transitions, particularly as Hungary emerged from the devastation of World War II and entered the Soviet-controlled communist period. This period saw the replacement of the hyperinflated Pengő with the stable Forint, and the issuance of banknotes reflecting Hungary’s evolving identity under communist rule. For collectors and investors, banknotes from this era are valuable for their historical significance, artistic designs, and investment potential. They capture key moments in Hungarian history, from the recovery following World War II to the end of Soviet influence in 1989. Let’s embark on this journey into post-1945 Hungarian banknote collecting and investing and discover the key banknotes, themes, and investment opportunities in this rich historical period. Why Collect Post-1945 Hungarian Banknotes? 1.Historical Significance: Hungarian banknotes from the post-1945 era tell the story of a country rebuilding after World War II, grappling with hyperinflation, transitioning to a Soviet-controlled economy, and eventually regaining independence. These notes reflect the shifting political ideologies and the tumultuous history of Hungary during the Cold War and beyond.2.Economic Transformation: Hungary’s post-war hyperinflation was one of the worst in world history. The Pengő, Hungary’s currency before 1946, became worthless, and by August 1946, the Forint was introduced to stabilize the economy. Early Forint banknotes are especially valuable as they represent Hungary’s recovery and the birth of its modern monetary system.3.Artistic and Cultural Appeal: Banknotes issued during Hungary’s communist era feature distinctive designs that often incorporate socialist realism art. These notes are known for their vibrant colors and depictions of workers, peasants, and other symbols of communist ideology, making them intriguing pieces of historical artwork.4.Investment Potential: As more collectors recognize the value of post-WWII Hungarian banknotes, prices for rare and well-preserved examples are rising. Banknotes from key historical moments, especially those issued during hyperinflation or early Forint notes, are gaining value in the collectible and investment markets. Key Themes in Post-1945 Hungarian Banknotes 1.The Hyperinflation Crisis (1945-1946):Hungary experienced the worst hyperinflation in recorded history in 1945 and 1946. The Pengő rapidly lost value, with denominations increasing to billions, trillions, and eventually one sextillion Pengő. These extreme-denomination banknotes offer a fascinating look at how hyperinflation can destabilize a nation’s economy.•Notable Banknotes: The Milpengő (million Pengő) and B.-Pengő (billion Pengő) notes, such as the 100 million B.-Pengő, are key issues for collectors of hyperinflation currency. The most extreme issues, such as the 100,000,000,000,000,000,000 Pengő note, are rare and highly collectible.2.The Introduction of the Forint (1946):The Forint was introduced on August 1, 1946, as part of Hungary’s post-war economic stabilization program. The Forint has remained Hungary’s currency ever since, with early Forint banknotes being especially sought after for their connection to the country’s post-war recovery.•Notable Banknotes: The first 1 Forint and 100 Forint notes issued in 1946 are popular among collectors. These notes represent Hungary’s efforts to restore economic order and the beginning of a new era for the country.3.The Communist Era (1949-1989):Under Soviet influence, Hungary became a communist state in 1949, and the country’s banknotes reflected this new political reality. Communist-era banknotes feature socialist iconography, including images of workers, farmers, and soldiers, and are often artistically rich, with intricate designs and vivid colors.•Notable Banknotes: The 1957 series, which includes denominations from 5 Forint to 1000 Forint, is notable for its depictions of everyday socialist life, featuring scenes of laborers, farmers, and industrial workers. These notes are prized for their distinctive socialist realism style and historical context.4.Post-Soviet and Pre-European Union Era (1990-2004):After the fall of the Soviet Union, Hungary transitioned to a more democratic system, leading to the introduction of new banknotes. The designs of these banknotes shifted away from socialist imagery and instead focused on historical figures and national symbols.•Notable Banknotes: The 1997 Forint series, which features prominent historical Hungarian figures such as King Saint Stephen and King Matthias Corvinus, marked Hungary’s transition into a modern, democratic state. These banknotes are still in use today, but early uncirculated examples are becoming increasingly collectible. Investment Tips for Post-1945 Hungarian Banknotes 1.Condition Is Key: As with most banknotes, condition plays a significant role in determining the value of post-1945 Hungarian currency. Look for banknotes graded by professional services like PMG or PCGS in Uncirculated (UNC) or Choice Very Fine (CVF) condition. Well-preserved notes with vibrant colors and crisp paper command higher prices.2.Hyperinflation Notes: Banknotes from Hungary’s 1945-1946 hyperinflation period are in high demand, particularly those with extreme denominations such as the 100 million B.-Pengő or higher. The more extreme the denomination, the more sought after the note, especially in uncirculated condition.3.Early Forint Issues: Banknotes from the early years of the Forint, particularly those issued in 1946, are highly collectible. These notes mark a significant economic recovery for Hungary and are valued by both collectors and investors for their historical importance.4.Communist-Era Notes: Banknotes from Hungary’s communist period are gaining value due to their distinctive socialist designs and historical context. The 1957 series is particularly popular, but later issues from the 1960s and 1970s are also worth collecting, especially in uncirculated condition.5.Diversify Your Collection: Building a well-rounded collection of post-1945 Hungarian banknotes can add value to your investment. Consider including hyperinflation notes, early Forint banknotes, and examples from both the communist era and post-Soviet period to create a collection that reflects the breadth of Hungary’s modern economic history. Essential Keywords for Collectors and Investors: •Post-1945 Hungarian banknotes•Hungarian Forint currency•Hungary hyperinflation banknotes•Pengő hyperinflation notes•Communist-era Hungarian banknotes•Socialist realism banknotes Hungary•PMG-graded Hungarian banknotes•Rare Hungarian Forint issues•Historical Hungarian currency investment•Hungarian WWII and Cold War banknotes Final Thoughts on Collecting Post-1945 Hungarian Banknotes Collecting post-1945 Hungarian banknotes offers a captivating journey through Hungary’s modern history, from the hyperinflation crisis following World War II to the end of Soviet rule and Hungary’s transition to democracy. For collectors and investors, these banknotes hold historical, artistic, and financial value, making them an excellent addition to any collection. Whether you’re drawn to the extreme denominations of hyperinflation Pengő notes, the iconic imagery of communist-era currency, or the stability of early Forint issues, the world of Hungarian banknote collecting provides endless opportunities for discovery and investment. Start your journey into Hungarian banknote collecting and investing today and uncover the rich history captured within these fascinating pieces of currency! _______________________________________________________________________________________________WHAT MAKES BLOC GALLERIES SPECIALOur Team: At the heart of Bloc Galleries is a belief: no great endeavor is ever accomplished without extraordinary people. We're not just employees doing a job. Like you, we are avid collectors bound by a deep-rooted passion for the world of collecting. Every artifact and every note has a story, and we are as invested in discovering and sharing these tales as you are. It's not just about the hours we pour in but the energy, dedication, and sacrifices we willingly make. Our greatest rewards? The smiles, the thrill, the awe of our clients. Yes, we're human, and we might falter at times, but our commitment to improve and to serve you better never wanes. Every day, we strive to be a part of your collecting journey, ensuring it's as thrilling and fulfilling as you dreamed.Vast Acquisitions, Unbeatable Pricing: Every quarter, we purchase tens of thousands of banknotes, leveraging our extensive global network of relationships and resources to access inventory unavailable to the public. This volume allows us to offer quality banknotes below market prices.Authentic Discovery: Our streamlined team has limited weekly time to bundle auction lots based on potential appeal rather than cataloging and pricing individual issues. Our auctions frequently feature high-grade, unsearched currency lots brimming with hidden treasures that continually astonish our customers.Customer-Friendly Bidding: Every auction starts with a low opening bid and no reserve pricing. It's a transparent, exciting way to nab the best deals.Simplified Shipping: Whether you purchase one item or 25, our flat shipping rate of $6.50 ensures your treasures reach you safely. And yes, that covers combined shipping for multiple wins!Value-Driven Approach: Our continuous, large-scale acquisitions mean deep savings for our clients.The Thrill of the Chase: We don't pre-screen or overly catalog. Here, every bid holds the promise of discovery. Our long-time bidders can attest to unearthing true gems and securing exceptional value. Join us in this thrilling hunt. Whether you're a seasoned collector or just starting, our weekly auctions are your gateway to unparalleled deals. Ready to start your collecting adventure?______________________________________________________________________________________________ OUR MONEY-BACK GUARANTEEAt Bloc Galleries, we specialize in offering the finest collectibles and treasures backed by our exceptional team of clients. Our unyielding commitment to your satisfaction and our expert staff stands ready to make your experience with Bloc Galleries outstanding. Purchasing online collectibles can be subjective, meaning photos sometimes need to meet our client's expectations or interpretation. So many variables come into play with antique, vintage, and collectible items that we understand that anything not precisely as expected can be returned for any reason due to this unique nature. We process tens of thousands of items annually, and occasionally, mistakes happen with listing numbers, lots, photos, or other weird stuff. When that occurs, we always try to provide a substitute for a better grade or condition for the same or reduced price. We have successfully made those situations a win-win opportunity for both the customer and our gallery, so please don't worry about an item that might not be as expected. We will make it right. If not wholly pleased, receive a full refund, including return shipping, at our expense. Please contact us (eBay, phone, or text) before posting feedback; this allows us to perform and make things right. SHIPPING & HANDLING We carefully package and ship out twice weekly; our offices are closed on weekends and holidays. We typically see short delivery times because we are in the central part of the United States. The buyer's confirmed address must be shipping from Fargo, North Dakota, via FedEx, USPS, and UPS PO Boxes—extra shipping for Alaska, Hawaii, Puerto Rico, Guam, or other US territories. We are tracking orders over $200. Taxes are charged according to State laws. SHIPPING We offer a “Flat Rate” shipping rate of $6.50, including combined shipping on multiple orders. INTERNATIONAL PURCHASES We typically use eBay's Global Shipping, and for about 90% of our international clients, the rate has been averaging around $14. If it's significantly higher, we will generally contact you and let you know. Combined orders receive a quoted rate, and we do not provide free shipping on international orders. Check eligibility due to customs and regulations; international returns are not accepted. ALL UNPAID ORDERS AUTOMATICALLY CANCELED AFTER 5 DAYS Thank you for choosing Bloc Galleries, where your satisfaction is our mission. Feel free to reach out with any questions or concerns; we look forward to serving you! DID YOU SEE CATS LAST NIGHT? In the quiet corners of Bloc Galleries, where history whispers from each collectible, two enigmatic felines hold court. Gertrude, with her elegant white coat, and Pete, 'The Man Cat', in his tuxedo attire, materialize each evening as the sun dips below the horizon. No one knows where they hail from, maybe an alternative universe but their vigilant eyes never miss a detail. At precisely 3:33 AM, under the soft glow of the moon, an extraordinary event unfolds. For a fleeting 15 minutes, they speak. Yes, speak! With articulate English accents, they offer a running commentary on the day's work, sparing no one from their sharp, albeit humorous, observations on our numismatic endeavors. "Another misaligned watermark?" Gertrude would quip, her tail flicking with amusement. Pete, ever the diplomat, might chime in, "Splendid effort on the cataloging, though, truly!" Their critiques, always laced with wit, leave us in chuckles and chagrins alike. But as the clock ticks towards 4:00 AM, their words fade into the ether, and the memory of their eloquence evaporates like mist. By 5:00 AM, they are but silent sentinels once again, and with the first light of dawn, they vanish, leaving behind just a hint of their presence in photos they've graced. Legend now has it that Gertrude and Pete are the guardians of good fortune at Bloc Galleries. They watch over the collections, ensuring each piece carries with it a sprinkle of their mystical charm. For those who happen upon their image nestled within the listings, take it as a sign: the cats approve, and so may luck favor your bids. They admire the pretty pictures and revel in the grand tales spun by the currencies of old, and in their peculiar way, they extend their good will to all our customers, whispering of fortunes yet to come. If you win this auction and send us a message about the felines will send a special gift from Pete. He always has a great eye

Price: 824.95 USD

Location: Fargo, North Dakota

End Time: 2024-12-02T19:25:08.000Z

Shipping Cost: 0 USD

Product Images

Hungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AUHungary 100 Million Pengo (TOP POP!) 1946 Pick# 124 PMG 66 EPQ AU

Item Specifics

Return shipping will be paid by: Seller

All returns accepted: Returns Accepted

Item must be returned within: 60 Days

Refund will be given as: Money back or replacement (buyer's choice)

Circulated/Uncirculated: Uncirculated

Type: Banknotes

Year: 1946

Certification Number: 2290518-088

Country: Hungary

Grade: 66

Grade Designation: EPQ/PPQ

Country/Region of Manufacture: Hungary

Certification: PMG

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