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Live auction - 4110189 - 100 Forint HUNGARY 1848 PS.118

100 Forint HUNGARY  1848 PS.118 VF-
100 Forint HUNGARY  1848 PS.118 VF-100 Forint HUNGARY  1848 PS.118 VF-
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 150 €
Price : 105 €
Maximum bid : 171 €
End of the sale : 28 February 2017 15:46:22
bidders : 2 bidders
Face Value : 100 Forint
Date: 01 septembre 1848
Period/Provinces/Banks Banque Commerciale de Hongrie
Catalogue reference : PS.118
Alphabet - series : N°53699
Detailed grade description : Déchirure collée au verso

Historical background


HUNGARY

Hungary became a republic in 1918 with the collapse of the Austro-Hungarian Empire and the abdication of Emperor Charles I. The peace treaties which cut off the former Kingdom of Hungary from 2/3 of its territories and created Hungarian minorities in the new neighboring countries plunged the country into a period of unrest. In 1920, Admiral Horthy became regent. From 1938, Hungary sided with the Axis and obtained the Hungarian part of Slovakia and Transylvania. Germany's ally, Hungary requested an armistice from the USSR in 1944. Hungary became a people's republic in 1949 under Soviet domination. In 1956, the opening attempt was repressed by a military intervention of the USSR. The opening of the borders in 1989 signaled the end of Soviet domination over Eastern Europe. Free elections are held in 1990.

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