1946 Hungary Tízmillió (10,000,000) B-Pengő PMG 64 CU P-135 Planet Banknote Pedigree
The 1946 Hungary Tízmillió B-Pengő (10,000,000) banknote, catalogued as P-135, is a striking example of hyperinflation currency issued during one of the most economically turbulent periods in modern history. This particular note, graded as PMG 64 Choice Uncirculated (CU), is an outstanding collectible, especially with its prestigious pedigree from the Planet Banknote collection.
Design and Features: The note features intricate engravings and detailed artwork typical of Hungary’s post-war currency design. Its front side showcases a striking portrait of a Hungarian woman in traditional dress, bordered by ornate floral patterns. The reverse is equally detailed, displaying geometric patterns and floral motifs that symbolize Hungary’s cultural heritage. The deep blue and green color scheme enhances the note's visual appeal.
Historical Significance: The Tízmillió B-Pengő note is a powerful testament to Hungary’s battle with hyperinflation following World War II. At the time of its issuance, inflation was so rampant that the Pengo became almost worthless. By 1946, Hungary had issued banknotes in increasingly astronomical denominations, culminating in the introduction of the B-Pengő series. This note, valued at 10 million B-Pengő, was one of the highest denominations at the time, underscoring the extreme economic instability.
Collector's Value: For collectors, the note's combination of historical significance, condition, and provenance enhances its desirability. The PMG 64 CU grade signifies a note in superb condition with only minor imperfections, and the Planet Banknote pedigree adds a layer of rarity and interest for numismatists. Its place in a curated collection with a global reputation ensures this note stands out in any collection of hyperinflation currency.