What you see below is a short history of Hungarian currency, from low denomination korona (crowns, a vestige of the Dual Monarchy with Austria) to the Pengo which slowly deteriorated throughout the course of its life, particularly during WWII and then thereafter, eventually replaced by the Forint in Communist Hungary. What's amazing is that Pengo were still being printed in May, 1945.
What's interesting about this particular bill is that it really isn't altogether worth that much today, perhaps $5-$10 on a good day. What is notable is that the bill actually had considerable value on a fiat basis prior to WWI. Of course the post WWI inflation destroyed the value of all marks printed prior to that point, but in 1910, this note was not a common note by any stretch of the imagination, it is fairly large and cumbersome and on a fiat basis is worth between $250-$300 in 1910 US Dollars which at the time was a lot of money.
10 dollar notes issued by two famous Hong Kong Banks, the Charter Bank and the Hong Kong and Shanghai Banking Corporation, HSBC Bank....actually to the day a British bank.
What you see below is a short history of Hungarian currency, from low denomination korona (crowns, a vestige of the Dual Monarchy with Austria) to the Pengo which slowly deteriorated throughout the course of its life, particularly during WWII and then thereafter, eventually replaced by the Forint in Communist Hungary. What's amazing is that Pengo were still being printed in May, 1945.
Issued to my dad while he was in the army in what was then South Vietnam.
