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Live auction - 568682 - 1000 Pengo HUNGARY 1943 P.116

1000 Pengo HUNGARY  1943 P.116 UNC-
1000 Pengo HUNGARY  1943 P.116 UNC-1000 Pengo HUNGARY  1943 P.116 UNC-
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 50 €
Price : 31 €
Maximum bid : 31 €
End of the sale : 26 May 2026 16:49:29
bidders : 2 bidders
Face Value : 1000 Pengo
Date: 24 février 1943
Period/Provinces/Banks Gouvernement Szalasi à Veszprem (1944-1945)
Catalogue reference : P.116
Alphabet - series : F069 n°059556

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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