Hungary 1pengo 1941 w/ sickle & hammer countermark

Hello all, this is my first message here, thank you for having me
I came across this very interesting coin (in my opinion) that I couldn't find much about online.
It is a KM251 1pengo 1941 BP, Al but it has this interesting sickle & hammer countermark on the rev.
I would like to ask you for more information about these countermarks, if possible. Why were they made? By whom? Are these rare? etc.
Thank you very much
All best regards.

 

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I don't know anything about it but I like it.

 

no clue at all, but that is interesting.

 

Looks like PMD to me.

 

Maybe someone in some grimy communist era machine shop had nothing better to do than pull some worthless Horthy era coin out and stamp a hammer and sickle on it to please his commie puppet masters?

 

Yes, it is definitely a pmd, as all countermarks are
I was wondering if any of you has seen this before or has any idea of the reason it was made.
I had one collector who emailed me saying that it was made on 1 & 2 pengo coins 1941-1944 by commie partisans who roamed an area in today's S-E Slovakia to keep track of the coins that circulated on their territory, kind of like ancient gallic, germanic or thracian tribes used to do w/ roman currency that came to be used there.
Unfortunately he couldn't give any real reference for his story so I am still not convinced.

 

A coins of such type were released at 1941-1944. It was the "fascist" period of Hungarian history. Kingdom of Hungary was the Hitler's ally until the end of the WW II.
Until the 1946 Hungary was under the rule of the Provisional Government. First coins of the Provisional Government were released at 1945: it were 5 pengo ("not fascist"). Since 1946 forint became the Hungarian currency.
As for your coin. I think that it is a private countermark.

 

Here is an usual "fascist" pengo.

 

And this is another type of pengo.

 

Not too long ago, there was a similar thread here on cointalk which had swastika countermarked coins as a subject. The coins presented in that thread were mainly Russian Kopeks, and someone with expertise in these matters told me that it's impossible to neither prove nor to disprove their authenticity.

Regarding the circumstances in this case, I agree with Siberian Man. For most this is someone advocating private business than anything else.

 

I remember that thread about countermarked Soviet coins.

 

Coincidence!?

 

Probably.

 

This is an interesting information.
1 pengo 1941-1944. Aluminium, weight - 1,5 g., size - 23,7 mm, thickness - 1,6 mm. Engraver - Lajos Beran. Demonetized at December 31 1945.

 

Coin was legally demonetised at end of 1945, but reality was that inflation demonetised it during the war. Some of the Hungarian paper money up until the inflationary period is very beautiful and I collect it.

 

I agree, '20ies-30ies era pengo are quite easy on the eye, especially the low up to 50pengo denominations.

 

Hello Everybody!

I'm hungarian. I post a link, which shows the hungarian inflation pengo sets. There are 7 different sets, and the first is very valuable, it cost more than 500.000. forint, which is $2200. (It's a big money in Hunagry.)
It's hungarian, but you can translate it in the google translater. http://hu.wikipedia.org/wiki/A_magyar_pengő_pénzjegyei
So we had the highest denomination official banknote in the world. It's 1 billion bilpengo, which is a very big number! But this banknote was never published.
An interesting fact: 1/4 kg potato cost 780.000.000.000. pengo in 07/1946.
The government published a special banknote set: tax-pengos. The tax pengo was published on the 1th/01/1946 and it was removed on the 1th/07/1946 with the pengo.
And another one thing I want to tell you:
In 1944, the Red Army published a new pengo set in the area, which was under their control. These set had poor quality and speeded up the inflation.

I hope, I could help you, and if you have any questions abouth hungarian numismatic products or Hunagry, just send me a message, I'll help you!

(((Excuse me because of the spelling mistakes! )))

 

Hallo Sir.
I like a Hungarian coins very much and I have a big collection (from XV to XXI centuries). For example: this POLTURA 1763 I've got a few days ago

 

Hello!
It's a beautiful Maria Theresia coin!! It's really nice!
Do you have the new set? Because from 2012, the circumscription is "Magyarország" = Hungary, instead of "Magyar Köztársaság" = Hungarian Republic.

 

No, I haven't. Alas!