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Hungary 50 Pengo 1932 Pick#99 Hungary National PMG 35 CVF

$ 4.1

Availability: 79 in stock
  • Type: Banknotes
  • Year: 1932
  • Certification: PMG
  • Condition: Recently Graded by PMG 35 Choice Very Fine
  • Country/Region of Manufacture: Hungary
  • Country: Hungary
  • Grade: 35
  • Certification Number: 2290540-049
  • Circulated/Uncirculated: Circulated

    Description

    Rare Hungary National Bank Pick 99 1932 50 Pengo
    PMG 35 Choice Very Fine
    Up for auction is an exceptional 1932 Hungary National Bank banknote, Pick 99, with a denomination of 50 Pengo and serial number D253 043169. Graded PMG 35 Choice Very Fine, this note represents a fascinating period in Hungary's financial history and is a must-have for any serious numismatic collection.
    Background of This Period:
    The early 1930s were a challenging time for Hungary, marked by the global economic impact of the Great Depression. The 50 Pengo banknote from 1932 is a testament to Hungary's efforts to maintain economic stability and confidence during these turbulent times. This note reflects the era's economic conditions and the National Bank of Hungary's response to international financial pressures.
    Why These Notes Are Collected:
    Historical Significance:
    Banknotes from the early 20th century, such as this 1932 50 Pengo, offer a tangible connection to Hungary's economic and political landscape of the time. Collectors value these notes for their historical context and the story they tell about a nation's resilience during economic hardship.
    Scarcity and Condition:
    This note, graded PMG 35 Choice Very Fine, is in excellent condition for its age. Notes from this period are often hard to find in such well-preserved states, making this piece particularly desirable. The grade indicates that the note has minor signs of circulation while retaining strong details and overall eye appeal.
    Artistic and Cultural Value:
    Hungarian banknotes are renowned for their intricate designs and artistic elements. The 50 Pengo note features detailed engravings and motifs that reflect Hungary's rich cultural heritage, making it a visually appealing and historically significant piece for collectors.
    Interesting Facts About Hungarian Paper Money:
    Design Elements:
    Hungarian banknotes often incorporate national symbols, historical figures, and landmarks. These designs provide insights into the country's identity and pride.
    Economic Context:
    The 1930s were marked by global economic challenges, including the Great Depression. Hungarian banknotes from this period reflect the country's efforts to navigate these challenges and stabilize its economy.
    Collectible Appeal:
    Notes from this era are highly collectible due to their historical context, scarcity, and the artistry involved in their production.
    Key Features:
    Year:
    1932
    Pick Number:
    99
    Denomination:
    50 Pengo
    Serial Number:
    D253 043169
    Grade:
    PMG 35 Choice Very Fine (VF)
    Issuing Authority:
    National Bank of Hungary
    Historical and Artistic Value:
    High
    Conclusion:
    This 1932 Hungary National Bank 50 Pengo banknote, serial number D253 043169, graded PMG 35 Choice Very Fine, is a must-have for serious collectors and investors. Its historical significance, excellent condition, and artistic value make it a standout piece. Don’t miss the opportunity to own a piece of Hungary's numismatic heritage that captures a pivotal moment in the nation's economic history.
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    WHAT MAKES BLOC GALLERIES SPECIAL
    Our Team:
    At the heart of Bloc Galleries is a belief: no great endeavor is ever accomplished without extraordinary people. We're not just employees doing a job. Like you, we are avid collectors bound by a deep-rooted passion for the world of collecting. Every artifact and every note has a story, and we are as invested in discovering and sharing these tales as you are. It's not just about the hours we pour in but the energy, dedication, and sacrifices we willingly make. Our greatest rewards? The smiles, the thrill, the awe of our clients. Yes, we're human, and we might falter at times, but our commitment to improve and to serve you better never wanes. Every day, we strive to be a part of your collecting journey, ensuring it's as thrilling and fulfilling as you dreamed.
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    ABOUT BLOC GALLERIES
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    INTERNATIONAL PURCHASES
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