-40%

Hungary Tizezer 10,000 b-pengo (10 Quadrillion) inflation banknote XF 1946

$ 24.15

Availability: 34 in stock
  • Year: 1946
  • Modified Item: No
  • Type: Banknotes
  • Country/Region of Manufacture: Hungary
  • Circulated/Uncirculated: Circulated
  • Country: Hungary
  • Condition: Banknote is in 'Extra fine' (XF) condition: A very attractive note, with light handling. May have light folds, or light wear to the edges (no tear, or paper damage), or some tiny sized spots. Otherwise, paper is clean. Corners may show some small evidence of rounding. Guaranteed no tear or missing material!
  • Certification: Uncertified
  • Grade: Ungraded

    Description

    Hungary Tizezer 10,000 b-pengo (10 Quadrillion) inflation banknote XF 1946
    Extra Fine condition
    Condition
    :
    We follow the grading standard of the Standard Catalogue of
    United States Paper Money grading standard:
    Banknote is in 'Extra fine' (XF) condition
    :
    'Extra fine' (XF) condition:A very attractive note, with light handling.
    May have a light fold, or light wear to the edges (no tear, or paper damage), or some tiny
    sized spots.
    Otherwise, paper is clean. Corners may show some small evidence of rounding.
    Guaranteed no tear or missing material!
    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 condition.
    They are also difficult to find in unfolded
    condition
    , as these were larger than the
    previous, non inflationary pengo banknotes, and since they did not fit in to most Hungarian
    wallets, they were immediately folded upon receipt.
    The Story behind this banknote's denomination:
    The banknote's denomination is rather confusing.
    It is '10,000 b-pengo', which means it is 10,000 x 1 (b) billion pengo,
    which equals to 10 trillion. 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, etc.
    SHIPPING:
    Tracking will be provided!
    The banknote will be sent securely between 2 cardboard pieces
    to ensure that you receive it in the same condition as listed.
    Any questions, please feel free to ask!