Banknote VF 1946 Republic Hungary Hungarian 1000000000 Pengo 1 billion Tildy for Sale

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Banknote VF 1946 Republic Hungary Hungarian 1000000000 Pengo 1 billion Tildy For Sale

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Banknote VF 1946 Republic Hungary Hungarian 1000000000 Pengo 1 billion Tildy:
$9.99

This is a 1945 one million pengo banknote from the last years of the Kingdom of Hungary. WW2 ended, and Hungary had sided with the Axis (Tripartite) Pact. The pengo, which had been the currency of the Kingdom, was in freefall. The postwar government tried several revaluations that included the \"milpengo\" (1 milpengo = 1,000,000 pengos), the \"bilpengo\" (1 bilpengo = 1,000,000,000 pengos), and the adopengo (pengos strictly for tax purposes). It was not until the new \"forint\" currency was introduced by the Socialist/Communist Bloc in 1946 that currency was stabilized. One fascinating thing about the Hungarian hyperinflation banknotes is that they often do not have the denomination shown in numerals. If one doesn\'tread or speak Magyar, it is difficult to understand the value. Also, some were not printed with serial numbers. Truly a fascinating history.

Note: condition VF (very fine). I will always send the banknote(s) in the best condition first.

Shipping Policy: \"Free\"is shipped as a letter without tracking or insurance\"USPS Ground Advantage\"Domestic postage includes tracking number.\"USPS Priority\"is expedited shipping. \"Int\'l Letter\"shipped as a letter without tracking. Depending on the dollar amount, I may insist on the better shipping method, or I may pay for the upgrade myself.\"USPS First Class International\" includes tracking.ALWAYS SHIPS FROM USA. Yes, I combine shipping. You only have to pay for shipping once for as many banknotes as you like!

Thank you for your interest in history.