{"product_id":"hungary-100-pengo-1930-vf-very-fine-plus-king-matthias-i","title":"Hungary P-98 100 Pengō 1930 VF+ Very Fine Plus—King Matthias—Stunning Parliament","description":"\u003cp\u003e\u003cem\u003eIssued in 1930, when the Pengő was still a credible currency and Hungary still believed in its own recovery. The note that opened the series — before the war, before the hyperinflation, before the zeros.\u003c\/em\u003e\u003c\/p\u003e\n\n\u003ch3\u003eBanknote Characteristics\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDenomination in words:\u003c\/strong\u003e SZÁZ PENGŐ in Hungarian, German, Slovak, Romanian, Ruthenian (Rusyn), and Serbo-Croatian in both alphabets (Latin and Cyrillic)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eComposition:\u003c\/strong\u003e Paper\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssuing entity:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungarian_National_Bank\" target=\"_blank\"\u003eMagyar Nemzeti Bank\u003c\/a\u003e (Hungarian National Bank)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssued:\u003c\/strong\u003e 1930\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Demonetization_(currency)\" target=\"_blank\"\u003eDemonetized\u003c\/a\u003e:\u003c\/strong\u003e 6 May 1946\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eReferences:\u003c\/strong\u003e P-98\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCurrency:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungarian_peng%C5%91\" target=\"_blank\"\u003ePengő\u003c\/a\u003e (1927–1946)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCountry:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Kingdom_of_Hungary_(1920%E2%80%931946)\" target=\"_blank\"\u003eHungary\u003c\/a\u003e — \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Kingdom_of_Hungary_(1920%E2%80%931946)\" target=\"_blank\"\u003eHorthy Regency\u003c\/a\u003e (1920–1944)\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eFront (Obverse)\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003ePortrait (right):\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Matthias_Corvinus\" target=\"_blank\"\u003eKing Matthias Corvinus\u003c\/a\u003e — Hungary’s greatest Renaissance monarch, reigned 1458–1490; framed in an engraved oval medallion\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCentral vignette:\u003c\/strong\u003e The \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungarian_Parliament_Building\" target=\"_blank\"\u003eHungarian Parliament Building\u003c\/a\u003e in Budapest — completed 1904, one of Europe’s largest parliament buildings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e \u003cem\u003eMAGYAR NEMZETI BANK\u003c\/em\u003e in bold serif\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDenomination:\u003c\/strong\u003e \u003cem\u003eSZÁZ PENGŐ\u003c\/em\u003e (One Hundred Pengő)\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eBack (Reverse)\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eMultilingual denomination inscriptions:\u003c\/strong\u003e Denomination in six languages — Hungarian, German, Slovak, Romanian, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Rusyn_language\" target=\"_blank\"\u003eRuthenian (Rusyn)\u003c\/a\u003e, and Serbo-Croatian in both Latin and Cyrillic alphabets — a record of the multi-ethnic world Hungary once ruled\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOrnamental system:\u003c\/strong\u003e Fine \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Guilloch%C3%A9\" target=\"_blank\"\u003eguilloché\u003c\/a\u003e engraving throughout\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eAbout King Matthias Corvinus\u003c\/h3\u003e\n\u003cp\u003e\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Matthias_Corvinus\" target=\"_blank\"\u003eMatthias Corvinus\u003c\/a\u003e (1443–1490) was one of medieval Europe’s most powerful and cultured rulers — King of Hungary from 1458, later also ruling parts of Austria and Bohemia. \u003cstrong\u003eHe built the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Bibliotheca_Corviniana\" target=\"_blank\"\u003eCorvina Library\u003c\/a\u003e, one of Europe’s finest manuscript collections, second only to the Vatican at the time.\u003c\/strong\u003e He commanded the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Black_Army_of_Hungary\" target=\"_blank\"\u003eBlack Army\u003c\/a\u003e, one of Europe’s first professional standing forces. Celebrated in folklore as \u003cem\u003e“Matthias the Just”\u003c\/em\u003e, he is remembered across Central Europe as a wise king who disguised himself to walk among his people.\u003c\/p\u003e\n\n\u003ch3\u003eAbout Hungary\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eCapital:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Budapest\" target=\"_blank\"\u003eBudapest\u003c\/a\u003e (city ~1.7 million; metro ~3.3 million)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePopulation:\u003c\/strong\u003e ~9.7 million (UN 2023) — similar to North Carolina or Michigan\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eArea:\u003c\/strong\u003e 93,028 km² (35,918 mi²) — similar to Indiana or Portugal\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eGDP per capita at \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Purchasing_power_parity\" target=\"_blank\"\u003ePPP\u003c\/a\u003e:\u003c\/strong\u003e ~$43,000 USD (IMF 2024) — ranks ~45th out of 193 globally\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMain exports:\u003c\/strong\u003e Vehicles, machinery, electronics, pharmaceuticals\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBorders (current):\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Austria\" target=\"_blank\"\u003eAustria\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Slovakia\" target=\"_blank\"\u003eSlovakia\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Ukraine\" target=\"_blank\"\u003eUkraine\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Romania\" target=\"_blank\"\u003eRomania\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Serbia\" target=\"_blank\"\u003eSerbia\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Croatia\" target=\"_blank\"\u003eCroatia\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Slovenia\" target=\"_blank\"\u003eSlovenia\u003c\/a\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOfficial\/spoken language:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungarian_language\" target=\"_blank\"\u003eHungarian\u003c\/a\u003e (~100%) — a \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Uralic_languages\" target=\"_blank\"\u003eUralic language\u003c\/a\u003e unrelated to any of its neighbors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSovereignty:\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Pannonia\" target=\"_blank\"\u003ePannonia\u003c\/a\u003e — Roman province (1st century AD–433); before Rome, home to \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Celts\" target=\"_blank\"\u003eCeltic\u003c\/a\u003e and \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Illyrians\" target=\"_blank\"\u003eIllyrian\u003c\/a\u003e tribes\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Huns\" target=\"_blank\"\u003eHunnic Empire\u003c\/a\u003e (433–469) — Huns arrived from the Eurasian steppe (Central Asia) under \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Attila\" target=\"_blank\"\u003eAttila\u003c\/a\u003e; empire collapsed after his death\u003c\/li\u003e\n\u003cli\u003eGermanic and \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Avars\" target=\"_blank\"\u003eAvar\u003c\/a\u003e kingdoms (469–895)\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungarian_conquest_of_the_Carpathian_Basin\" target=\"_blank\"\u003eMagyar conquest\u003c\/a\u003e (895) — \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Magyars\" target=\"_blank\"\u003eMagyars\u003c\/a\u003e from the Ural region, arrived under \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Arpad\" target=\"_blank\"\u003eÁrpád\u003c\/a\u003e, displacing\/absorbing Slavs\/Avars\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Kingdom_of_Hungary\" target=\"_blank\"\u003eKingdom of Hungary\u003c\/a\u003e (1000–1526) — founded by \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Stephen_I_of_Hungary\" target=\"_blank\"\u003eStephen I\u003c\/a\u003e, ruling Transylvania, Croatia and Dalmatia, Slovakia, Transcarpathia, and Vojvodina; Matthias Corvinus reigned during its height\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Battle_of_Moh%C3%A1cs\" target=\"_blank\"\u003eBattle of Mohács\u003c\/a\u003e (1526) — Ottoman victory; Hungary split into: \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Ottoman_Hungary\" target=\"_blank\"\u003eOttoman-occupied central Hungary\u003c\/a\u003e, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Principality_of_Transylvania\" target=\"_blank\"\u003esemi-autonomous Transylvania\u003c\/a\u003e, and \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Royal_Hungary\" target=\"_blank\"\u003eRoyal Hungary\u003c\/a\u003e under the Habsburgs\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Habsburg_Hungary\" target=\"_blank\"\u003eHabsburg rule\u003c\/a\u003e (1526–1867) — \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Royal_Hungary\" target=\"_blank\"\u003eRoyal Hungary\u003c\/a\u003e governed from \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Bratislava\" target=\"_blank\"\u003ePozsony (Bratislava\/Pressburg)\u003c\/a\u003e as capital from 1536 to 1784, when the court moved to Buda; Ottomans expelled by 1699\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Austria-Hungary\" target=\"_blank\"\u003eAustro-Hungarian Dual Monarchy\u003c\/a\u003e (1867–1918) — Hungary co-equal partner with Austria, ruling a vast multi-ethnic empire\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Kingdom_of_Hungary_(1920%E2%80%931946)\" target=\"_blank\"\u003eHorthy Regency\u003c\/a\u003e (1920–1944) — this note issued during this period\n\u003cul\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Treaty_of_Trianon\" target=\"_blank\"\u003eTreaty of Trianon\u003c\/a\u003e (1920) — Hungary lost ~72% of its territory and ~64% of its population: Transylvania to Romania; Slovakia and Transcarpathia to Czechoslovakia; Vojvodina to Yugoslavia; Croatia-Slavonia and Dalmatia to Yugoslavia and Italy; Burgenland to Austria\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Arrow_Cross_Party\" target=\"_blank\"\u003eArrow Cross \/ German occupation\u003c\/a\u003e (1944–1945)\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/People%27s_Republic_of_Hungary\" target=\"_blank\"\u003e“People’s Republic”\u003c\/a\u003e (1949–1989) — communist dictatorship, \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Soviet_satellite_state\" target=\"_blank\"\u003eSoviet satellite state\u003c\/a\u003e; USSR crushed the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungarian_Revolution_of_1956\" target=\"_blank\"\u003e1956 uprising\u003c\/a\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Hungary\" target=\"_blank\"\u003eRepublic\u003c\/a\u003e (1989–present) — member of \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/NATO\" target=\"_blank\"\u003eNATO\u003c\/a\u003e (1999–present) and the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/European_Union_accession_of_Hungary\" target=\"_blank\"\u003eEuropean Union\u003c\/a\u003e (2004–present)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eThe Parliament on a note from before the fall\u003c\/h2\u003e\n\u003cp\u003eThe Hungarian Parliament Building was completed in 1904 — the largest building in Hungary, one of the largest parliament buildings in the world. \u003cstrong\u003eIt was built to project permanence, grandeur, and the confidence of a great empire.\u003c\/strong\u003e By 1930, when this note was issued, the empire was gone, two-thirds of Hungary’s territory had been stripped away by Trianon, and the country was navigating the Great Depression. The Parliament still stood. The Pengő was still stable. This note is from that narrow window of relative calm.\u003c\/p\u003e\n\n\u003ch2\u003eOwn this note from Hungary’s interwar recovery\u003c\/h2\u003e\n\u003cp\u003eThe P-98 is the foundation of the Hungarian Pengő series — the note that set the visual standard before the war and the hyperinflation rewrote everything. \u003cstrong\u003eMatthias Corvinus and the Parliament Building: the greatest king and the grandest building, on the most stable note Hungary would issue for the next two decades.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThe Pengő lasted until 1946. This note outlasted the currency, the regime, and the empire that inspired it.\u003c\/em\u003e\u003c\/p\u003e","brand":"World Money Store","offers":[{"title":"Default Title","offer_id":51870682579255,"sku":"HU98VFXF","price":2.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0969\/7165\/3431\/files\/98o_bf0f3d62-4d5a-44b6-9c10-38fb4c775d02.jpg?v=1775258219","url":"https:\/\/worldmoneystore.com\/products\/hungary-100-pengo-1930-vf-very-fine-plus-king-matthias-i","provider":"World Money Store","version":"1.0","type":"link"}