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Live auction - 4450387 - 1000000000 B-Pengö Non émis HUNGARY 1946 P.137

1000000000 B-Pengö Non émis HUNGARY  1946 P.137 XF+
1000000000 B-Pengö Non émis HUNGARY  1946 P.137 XF+1000000000 B-Pengö Non émis HUNGARY  1946 P.137 XF+
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 150 €
Price : 135 €
Maximum bid : 135 €
End of the sale : 06 April 2021 18:37:35
bidders : 5 bidders
Face Value : 1000000000 B-Pengö Non émis
Date: 03 juin 1946
Period/Provinces/Banks Banque Nationale de Hongrie
Catalogue reference : P.137
Detailed grade description : Écriture, marge haute manipulée, infimes fentes

Commentary


Non émis.

Historical background


HUNGARY

Hungary became a republic in 1918 with the collapse of the Austro-Hungarian Empire and the abdication of Emperor Charles I. The peace treaties which cut off the former Kingdom of Hungary from 2/3 of its territories and created Hungarian minorities in the new neighboring countries plunged the country into a period of unrest. In 1920, Admiral Horthy became regent. From 1938, Hungary sided with the Axis and obtained the Hungarian part of Slovakia and Transylvania. Germany's ally, Hungary requested an armistice from the USSR in 1944. Hungary became a people's republic in 1949 under Soviet domination. In 1956, the opening attempt was repressed by a military intervention of the USSR. The opening of the borders in 1989 signaled the end of Soviet domination over Eastern Europe. Free elections are held in 1990.

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