Description: clean, clear and still crisp note.. There’s a vertical fold line through the centre. A PIECE OF CURRENCY HISTORY The Pengo as a currency has an extraordinary history. First issued in 1927 replacing the Korona as the currency. It started off well, but by the end of the Second World War it lost value dramatically and suffered one of the worst cases of hyper inflation ever recorded in the history of currency. And only lasted for 20 years. The hyper inflation was so out of control, that it took just 15 hours for prices to double. There was even a 400 octillion note. By 1947 the pengo was scrapped. OBVERSE; Note printed in shades of green and brown. Series and serial number appear in red near the top centre. Hungarian Coat of arms at left. Bust of Petőfi Sándor at right. Lettering: ÖTVEN PENGŐ MAGYAR NEMZETI BANK LA BANKJEGYEK UTÁNZÁSÁÉRT TÖRVÉNYSZABTA BÜNTETÉS JÁR Translation: Fifty Pengoes Hungarian National Bank Counterfeiting banknotes is punishable by law REVERSE; Note printed in shades of green and brown. Equestrian scene in centre of the note, surrounded by text showing the note's value in six languages. PLEASE LOOK AT THE SCAN CAREFULLY BEFORE BUYING. If buying more than one item please add to basket
Price: 6.99 GBP
Location: London
End Time: 2024-11-07T14:39:39.000Z
Shipping Cost: 17.65 GBP
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Return postage will be paid by: Buyer
Returns Accepted: Returns Accepted
After receiving the item, your buyer should cancel the purchase within: 14 days
Denomination: Pengo
Year of Issue: 1927-1946
Type: Notes
Era: Pre-1952
Number of Notes: 1
Region: Europe
Country: Hungary
Country/Region of Manufacture: Hungary
