1946 Hungary 100,000 Adopengo (100 Sextillion Pengo) P-144 Banknote XF Used
Description:
The 1946 Hungary 100,000 Adopengo banknote, cataloged as P-144, is an extraordinary artifact from one of the most extreme periods of hyperinflation in history. Equal to 100 sextillion pengo, this note vividly illustrates the drastic economic conditions in post-World War II Hungary. Graded as Used XF (Extra Fine) quality, it retains significant historical and visual appeal despite its circulation.
Design and Features:
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Obverse: The front of the note features an elaborate and intricate design, characteristic of Hungarian banknotes from this era. Central to the obverse is the denomination "100,000 Adopengo," clearly displayed to indicate its immense value. The note is adorned with detailed patterns and ornate borders, reflecting the high level of craftsmanship and the efforts to maintain trust in the currency amidst severe economic instability.
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Reverse: The reverse side continues with elaborate geometric patterns and detailed engravings that enhance the aesthetic appeal of the note. The denomination is prominently featured, ensuring the high value of the note is clearly communicated.
Security Features: During this period, security features were relatively simple compared to modern standards. The note primarily relied on intricate designs and detailed engravings to prevent counterfeiting.
Historical Significance: Issued in 1946, this banknote is a poignant reminder of the hyperinflation that devastated Hungary's economy following World War II. The 100,000 Adopengo note, equivalent to 100 sextillion pengo, underscores the severity of the economic crisis and the drastic measures taken to stabilize the currency. The issuance of increasingly higher denominations highlights the desperate attempts to cope with runaway inflation.
Collector's Value: Graded as Used XF (Extra Fine), this banknote is in excellent condition given its historical context. The XF grade indicates that the note has been circulated but retains sharp details, vibrant colors, and minimal signs of wear. Its historical significance and well-preserved condition make it a valuable addition to collections focused on hyperinflationary currencies, European monetary history, or post-war economic crises.