1946 Hungary 10,000,000 Adópengő Banknote P-141 UNC (10 Septillion) Tízmillió Very Rare
The Hungary 1946 10,000,000 Adópengő (10 Septillion Pengő), catalogued as P-141, is one of the rarest and highest-denomination banknotes ever issued during the hyperinflation crisis in post-World War II Hungary. Known as the Tízmillió Adópengő, this note represents an astronomical figure and is an extraordinary artifact from one of the most extreme periods of economic instability in modern history. In Uncirculated condition, this banknote is a prized collector’s item due to its rarity and historical significance.
Design and Features: The 10,000,000 Adópengő note features a minimalist yet detailed design typical of the emergency issues of the time. The obverse displays a prominent denomination in both numbers and words, while the text emphasizes the "Adópengő" value, which was a separate tax-based currency introduced alongside the rapidly devaluing Pengő. Surrounding the denomination are intricate border patterns and traditional Hungarian ornamental elements. The reverse is relatively simple compared to standard currency, reflecting the urgency with which these notes were printed. The note’s subdued color palette of greens and browns conveys a sense of seriousness, matching the dire economic context of its issuance.
Historical Significance: Issued in 1946, the 10,000,000 Adópengő (equivalent to 10 Septillion Pengő) was part of Hungary's desperate attempt to control hyperinflation. The Adópengő was created to stabilize tax payments amidst rampant devaluation, yet even this tax-based currency couldn’t escape the effects of hyperinflation. As the economy spiraled, the Pengő became so devalued that astronomical denominations like this became necessary to reflect daily economic transactions. This note serves as a stark reminder of Hungary’s post-war economic collapse, which was one of the most severe hyperinflation episodes in history.
Collector's Value: Due to its rarity and astronomical denomination, the 10,000,000 Adópengő is highly coveted by collectors specializing in hyperinflation currency. An Uncirculated (UNC) note is especially rare, as it means the note remains in pristine condition, without any signs of handling or wear. The historical significance, coupled with the massive face value of 10 Septillion Pengő, makes this banknote a valuable and unique addition to any numismatic collection focused on the world’s most extreme inflationary periods.
