Hungary 1,000,000 Pengo 1945 Pick# 122 PMG 66 EPQ GEM UNC

Description: Hungary 1,000,000 Pengo 1945 | Pick# 122 | PMG 66 EPQ GEM Uncirculated Very Rare! Only 2 Examples Graded Higher This listing features a Hungary 1,000,000 Pengo banknote, cataloged as Pick# 122, and graded PMG 66 EPQ (Exceptional Paper Quality) GEM Uncirculated. Issued in 1945, during the early stages of Hungary’s hyperinflation crisis following World War II, this banknote is a significant and extremely rare piece of European financial history. With only 2 examples graded higher by PMG, this high-grade note is an exceptional addition for serious collectors of WWII-era banknotes and Hungarian currency. Key Features: •Denomination: 1,000,000 Pengo•Year: 1945•Country: Hungary•Pick Number: 122•Condition: PMG 66 EPQ GEM Uncirculated – pristine condition with flawless design elements, vibrant colors, and no signs of wear or handling. The EPQ (Exceptional Paper Quality) designation highlights the superior preservation of this note.•Rarity: With only 2 examples of this issue graded higher by PMG, this note is exceptionally rare and highly sought after by collectors of historical currency. Collectibility and Appeal: This Hungary 1,000,000 Pengo (Pick# 122) from 1945 is an extraordinarily rare banknote from the early stages of Hungary’s post-war hyperinflation crisis. Graded PMG 66 EPQ GEM UNC, this note is in immaculate condition, with perfect paper quality, sharp design details, and bright colors. As one of the highest-graded examples of this issue, it is a must-have for collectors of high-grade European banknotes and WWII-era collectibles. Why Collect This 1,000,000 Pengo Banknote? •Historical Significance: Issued during the early days of Hungary’s hyperinflation crisis in 1945, this banknote serves as a reminder of one of the most severe inflationary periods in world history. Its connection to World War II and post-war economic instability makes it an important piece of European currency history.•Rarity: With only 2 examples graded higher by PMG, this banknote is extremely rare, particularly in such an extraordinary condition. Its scarcity makes it a valuable asset for any serious collector.•Investment Potential: As a rare, high-grade note from Hungary’s hyperinflation era, this PMG 66 EPQ GEM UNC note offers excellent investment potential due to its historical significance, condition, and rarity. Additional Details: •Perfect for Collectors: Whether you specialize in Hungarian banknotes, World War II-era currency, or rare historical collectibles, this 1,000,000 Pengo note is an invaluable addition to any collection.•Immaculate Condition: Graded PMG 66 EPQ GEM Uncirculated, this note is in perfect condition, with flawless design elements and pristine paper quality, making it a standout piece in any high-grade collection. Don’t Miss Out! This Hungary 1,000,000 Pengo 1945 (Pick# 122) PMG 66 EPQ GEM Uncirculated is a rare opportunity to own a pristine, historically significant piece of World War II-era Hungarian currency. With only 2 examples graded higher, this note is an exceptionally rare find for collectors of historical banknotes and European currency. Bid now to secure this rare and valuable piece for your collection! Journey Into Hungarian Banknote Collecting and Investing: Pre-1946 Era Collecting and investing in Hungarian banknotes from the pre-1946 era offers a unique opportunity to explore a rich and complex history. Hungary’s banknotes from this period reflect the country’s political, social, and economic challenges, particularly in the wake of World War I, the interwar years, and World War II. For collectors and investors, these notes not only provide artistic and historical value but also hold significant investment potential as demand grows for rare and well-preserved examples. Why Collect Pre-1946 Hungarian Banknotes? 1.Historical Significance: Hungary’s pre-1946 banknotes are deeply tied to key historical events, including the dissolution of the Austro-Hungarian Empire after World War I, the rise of inflation in the interwar period, and the devastation of World War II. These notes offer a tangible link to these transformative moments in Hungarian and European history.2.Rarity: Many pre-1946 Hungarian banknotes are becoming increasingly rare, especially in high grades. With hyperinflation and the frequent changes in currency designs, finding well-preserved notes from this period adds significant value to a collection.3.Artistic Appeal: Hungarian banknotes from the early 20th century are known for their intricate designs, vibrant colors, and fine engraving. The artistry reflects both national pride and the influence of various European artistic movements, making them not only valuable historical items but also aesthetically pleasing.4.Investment Potential: As the interest in world banknote collecting continues to grow, pre-1946 Hungarian banknotes offer strong investment potential. Rarity, historical context, and condition drive their value, with certain issues commanding high prices at auctions. Key Themes in Pre-1946 Hungarian Banknotes 1.Post-Austro-Hungarian Empire (1919-1920):After the end of World War I and the dissolution of the Austro-Hungarian Empire, Hungary began issuing its own banknotes under the newly formed Hungarian government. These early notes, issued by the Hungarian National Bank, reflect the early years of independence and the struggle to stabilize the economy.•Notable Issues: The 1920 Korona notes, including 500 and 1000 Korona banknotes, are highly sought after for their historical value and elaborate designs.2.Interwar Period (1920s-1930s):The 1920s and 1930s were characterized by a fragile political landscape, economic challenges, and increasing nationalism. During this time, Hungary issued notes in the Pengő currency, which replaced the Korona in 1927. The Pengő era is marked by beautiful, high-denomination notes and rising inflation.•Notable Issues: The early Pengő banknotes (10, 50, 100, and 1000 Pengő notes) showcase Hungary’s artistic heritage, with intricate portraits, landscapes, and national symbols.•Inflationary Notes: As the economy became increasingly unstable, higher denomination notes were printed to reflect inflationary pressures, such as the 10,000 Pengő and 100,000 Pengő issues.3.World War II and Hyperinflation (1940-1946):The period following World War II saw Hungary grappling with extreme hyperinflation—the largest the world had ever seen. The Pengő became nearly worthless, and the Milpengő and Adópengő were introduced in the later stages of the war and post-war recovery efforts. These notes, some printed with denominations as high as 100,000,000,000,000 Pengő, serve as stark reminders of the economic turmoil of the time.•Notable Issues: The Pengő hyperinflation notes from 1945-1946, including the 100 Million Bilpengő and the Billion Milpengő, are particularly fascinating and rare in uncirculated condition.4.Transition to the Forint (1946):In 1946, the Forint was introduced to replace the hyperinflated Pengő, marking the beginning of economic stabilization. The early Forint notes are significant for collectors as they represent Hungary’s post-war recovery and the birth of the modern Hungarian economy.•Notable Issues: Early Forint banknotes from 1946, such as the 10 Forint and 100 Forint issues, are particularly valuable in high grades due to their historical context. Investment Tips for Pre-1946 Hungarian Banknotes 1.Focus on Condition: As with all banknotes, condition is a major factor in determining the value of pre-1946 Hungarian notes. Look for uncirculated (UNC) or choice very fine (CVF) notes, as these tend to fetch higher prices at auction. Notes graded by reputable services like PMG or PCGS are especially desirable.2.Scarcity and Demand: Certain high-denomination Pengő notes, especially from the hyperinflation period, are rare and increasingly in demand. Collectors should focus on notes with low print runs or those that were used for a very short period.3.Historical Context: Banknotes with significant historical ties, such as those issued during hyperinflation or before major political changes, tend to appreciate in value due to their connection to important events.4.Diverse Collection: A well-rounded Hungarian banknote collection might include a variety of denominations and periods, from the post-Austro-Hungarian era to the hyperinflation and early Forint notes. A mix of rarities and aesthetically appealing pieces adds depth and potential future value to your collection. Essential Keywords for Hungarian Banknote Collecting: •Pre-1946 Hungarian banknotes•Hungarian Pengő currency•Hungarian Korona notes•Hungary hyperinflation notes•Pengő and Milpengő banknotes•WWII-era Hungarian banknotes•Historical Hungarian currency•Austro-Hungarian banknotes•PMG-graded Hungarian banknotes•Rare Hungarian currency for investment Final Thoughts on Hungarian Banknote Collecting The world of pre-1946 Hungarian banknotes offers rich historical and investment opportunities. Whether you’re fascinated by the hyperinflation period, captivated by the artistry of early Hungarian currency, or interested in post-war recovery, collecting these banknotes brings a sense of connection to Hungary’s dynamic past. With proper research, a focus on condition, and an eye for historical significance, collectors can build valuable and meaningful collections of Hungarian currency that may also prove to be wise investments. Start your journey into Hungarian banknote collecting and investing today and discover the treasures from one of Europe’s most fascinating eras! _______________________________________________________________________________________________WHAT MAKES BLOC GALLERIES SPECIALOur Team: At the heart of Bloc Galleries is a belief: no great endeavor is ever accomplished without extraordinary people. We're not just employees doing a job. Like you, we are avid collectors bound by a deep-rooted passion for the world of collecting. Every artifact and every note has a story, and we are as invested in discovering and sharing these tales as you are. It's not just about the hours we pour in but the energy, dedication, and sacrifices we willingly make. Our greatest rewards? The smiles, the thrill, the awe of our clients. Yes, we're human, and we might falter at times, but our commitment to improve and to serve you better never wanes. Every day, we strive to be a part of your collecting journey, ensuring it's as thrilling and fulfilling as you dreamed.Vast Acquisitions, Unbeatable Pricing: Every quarter, we purchase tens of thousands of banknotes, leveraging our extensive global network of relationships and resources to access inventory unavailable to the public. This volume allows us to offer quality banknotes below market prices.Authentic Discovery: Our streamlined team has limited weekly time to bundle auction lots based on potential appeal rather than cataloging and pricing individual issues. Our auctions frequently feature high-grade, unsearched currency lots brimming with hidden treasures that continually astonish our customers.Customer-Friendly Bidding: Every auction starts with a low opening bid and no reserve pricing. It's a transparent, exciting way to nab the best deals.Simplified Shipping: Whether you purchase one item or 25, our flat shipping rate of $6.50 ensures your treasures reach you safely. And yes, that covers combined shipping for multiple wins!Value-Driven Approach: Our continuous, large-scale acquisitions mean deep savings for our clients.The Thrill of the Chase: We don't pre-screen or overly catalog. Here, every bid holds the promise of discovery. Our long-time bidders can attest to unearthing true gems and securing exceptional value. Join us in this thrilling hunt. Whether you're a seasoned collector or just starting, our weekly auctions are your gateway to unparalleled deals. Ready to start your collecting adventure?______________________________________________________________________________________________ OUR MONEY-BACK GUARANTEEAt Bloc Galleries, we specialize in offering the finest collectibles and treasures backed by our exceptional team of clients. Our unyielding commitment to your satisfaction and our expert staff stands ready to make your experience with Bloc Galleries outstanding. Purchasing online collectibles can be subjective, meaning photos sometimes need to meet our client's expectations or interpretation. So many variables come into play with antique, vintage, and collectible items that we understand that anything not precisely as expected can be returned for any reason due to this unique nature. We process tens of thousands of items annually, and occasionally, mistakes happen with listing numbers, lots, photos, or other weird stuff. When that occurs, we always try to provide a substitute for a better grade or condition for the same or reduced price. We have successfully made those situations a win-win opportunity for both the customer and our gallery, so please don't worry about an item that might not be as expected. We will make it right. If not wholly pleased, receive a full refund, including return shipping, at our expense. Please contact us (eBay, phone, or text) before posting feedback; this allows us to perform and make things right. SHIPPING & HANDLING We carefully package and ship out twice weekly; our offices are closed on weekends and holidays. We typically see short delivery times because we are in the central part of the United States. The buyer's confirmed address must be shipping from Fargo, North Dakota, via FedEx, USPS, and UPS PO Boxes—extra shipping for Alaska, Hawaii, Puerto Rico, Guam, or other US territories. We are tracking orders over $200. Taxes are charged according to State laws. SHIPPING We offer a “Flat Rate” shipping rate of $6.50, including combined shipping on multiple orders. INTERNATIONAL PURCHASES We typically use eBay's Global Shipping, and for about 90% of our international clients, the rate has been averaging around $14. If it's significantly higher, we will generally contact you and let you know. Combined orders receive a quoted rate, and we do not provide free shipping on international orders. Check eligibility due to customs and regulations; international returns are not accepted. ALL UNPAID ORDERS AUTOMATICALLY CANCELED AFTER 5 DAYS Thank you for choosing Bloc Galleries, where your satisfaction is our mission. Feel free to reach out with any questions or concerns; we look forward to serving you! DID YOU SEE CATS LAST NIGHT? In the quiet corners of Bloc Galleries, where history whispers from each collectible, two enigmatic felines hold court. Gertrude, with her elegant white coat, and Pete, 'The Man Cat', in his tuxedo attire, materialize each evening as the sun dips below the horizon. No one knows where they hail from, maybe an alternative universe but their vigilant eyes never miss a detail. At precisely 3:33 AM, under the soft glow of the moon, an extraordinary event unfolds. For a fleeting 15 minutes, they speak. Yes, speak! With articulate English accents, they offer a running commentary on the day's work, sparing no one from their sharp, albeit humorous, observations on our numismatic endeavors. "Another misaligned watermark?" Gertrude would quip, her tail flicking with amusement. Pete, ever the diplomat, might chime in, "Splendid effort on the cataloging, though, truly!" Their critiques, always laced with wit, leave us in chuckles and chagrins alike. But as the clock ticks towards 4:00 AM, their words fade into the ether, and the memory of their eloquence evaporates like mist. By 5:00 AM, they are but silent sentinels once again, and with the first light of dawn, they vanish, leaving behind just a hint of their presence in photos they've graced. Legend now has it that Gertrude and Pete are the guardians of good fortune at Bloc Galleries. They watch over the collections, ensuring each piece carries with it a sprinkle of their mystical charm. For those who happen upon their image nestled within the listings, take it as a sign: the cats approve, and so may luck favor your bids. They admire the pretty pictures and revel in the grand tales spun by the currencies of old, and in their peculiar way, they extend their good will to all our customers, whispering of fortunes yet to come. If you win this auction and send us a message about the felines will send a special gift from Pete. He always has a great eye

Price: 298.25 USD

Location: Fargo, North Dakota

End Time: 2024-12-03T02:53:55.000Z

Shipping Cost: 0 USD