Hungary 10,000 Milpengő 1946 – Allegorical Woman & Coat of Arms – Hyperinflation Relic

Dark blue, orange, and red 10,000 Milpengő Hungarian banknote dated 29 April 1946: obverse with profile portrait of an allegorical Hungarian woman at right, crowned coat of arms below, ornate borders, denomination “TÍZEZER MILPENGŐ”, signatures (e.g., Sándor Propper, Imre Oltványi, Lajos Faragó); reverse with floral/geometric designs, large denomination “10,000”, and promise text; emblematic of 1946 hyperinflation.

Price:

$ 20

Expert

Aram Razzaghi

get in touch: 3843876

Description

Issued 29 April 1946 by Magyar Nemzeti Bank (Hungarian National Bank) during post-WWII hyperinflation (worst ever recorded, peaking at 41.9 sextillion percent monthly). “Milpengő” = 1 million pengő, so 10,000 Milpengő = 10 billion (10¹⁰) pengő. Printed on paper. Size approx. 170 × 83 mm (or 171 × 82 mm). Main colors: dark blue/orange/red/multicolor underprint.

Obverse: Profile portrait of allegorical Hungarian woman (right), Hungarian coat of arms (crowned shield) below, denomination “TÍZEZER MILPENGŐ” (10,000 Milpengő), date “BUDAPEST, 1946. ÉVI ÁPRILIS HÓ 29-ÉN”, signatures (Propper Sándor / Oltványi Imre / Faragó Lajos).
Reverse: Ornate floral/geometric patterns, large “10,000” denomination, bank promise text.
Features: Running serial numbers; no watermark reported; no security thread. Demonetized/withdrawn (replaced by forint August 1946); not legal tender – iconic vintage collectible from extreme economic chaos.

Price: 10000 Tizezer

Country: Hungary

Year of Issue: 1946

Circulation: Circulated

(Portrait woman at right)