-40%

HUNGARY 100 MILLION Szazmillio B-PENGO (100 Quintillion) 1946 PERFECT GEM UNC

$ 505.26

Availability: 86 in stock
  • Modified Item: No
  • Circulated/Uncirculated: Uncirculated
  • Grade: Ungraded
  • Type: Banknotes
  • Country/Region of Manufacture: Hungary
  • Condition: Gem Uncirculated (Gem65): A note that is flawless, with the same freshness, crispness and bright color as when first printed. Itmust be free of any marks, blemishes or traces of handling.
  • Country: Hungary
  • Year: 1946
  • Certification: Uncertified

    Description

    Hungary Szazmillio 100 million 100,000,000 B-Pengo (100 quintillion) 1946 aUNC
    hyperinflation banknote from 1946
    almost uncirculated
    Highest denomination banknote to enter circulation in history!
    Gem Uncirculated (Gem65): A note that is flawless, with the same freshness, crispness and bright color as when first printed. It must be free of any marks, blemishes or traces of handling.
    These banknotes had been in circulation only for a few weeks during the summer of
    1946 after World War 2, and are very difficult to find in this uncirculated condition.
    The Story behind this banknote:
    The banknote's denomination is indeed quite confusing.
    It is '100,000,000 b-pengo', which means it is 100,000,000 x 1 (b) billion pengo,
    which equals to 100 Quintillion. But, since the Hungarian population at the time
    was unable to comprehend such colossal numbers, it was only the letter 'b'
    that was placed in front of the pengo, to make it easier for them.
    Anyway, since these hyper-inflationary banknotes
    were printed in ever greater numbers and variety in the cold and hungry months of 1946,
    the population was usually only able to
    identify them
    by their color.
    They were called, 'the red', 'the pink', 'the purple', 'the brown', 'the blue', etc.
    SHIPPING:
    Tracking will be provided!
    The banknote will be sent securely in an archive quality sleeve, between 2 cardboard pieces
    to ensure that you receive it in the same condition as listed.
    Any questions, please feel free to ask!