1945 Budapest dollar?

Discussion in 'Paper Money' started by Murillo, Aug 17, 2023.

  1. Murillo

    Murillo Well-Known Member

    Hello everyone,

    I was in Detroit in July which I go every year and I love to shop at antique stores. I happen to find this really fun antique shop, they had lots of coins, paper money, I found this 1945 Budapest paper money but not sure if it's a dollar? I bought it because I thought it was cool looking this antique store had so many coins from different countries. I did manage to find U.S. coins as well again just wanted to share

    Thanks
     

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  3. Murillo

    Murillo Well-Known Member

    WHOOPS! THINK I POSTED ON WRONG SITE, SORRY!
     
    SensibleSal66 likes this.
  4. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    That's okay, we all make mistakes.
    One coin or Note per thread. Thanks!
     
    Murillo likes this.
  5. Hiddendragon

    Hiddendragon World coin collector

    It's 100 pengo.
     
  6. derkerlegand

    derkerlegand Well-Known Member

    It's alright, you're just Hungary for information!
     
    techwriter, Murillo and Notaphylic_C like this.
  7. Notaphylic_C

    Notaphylic_C Well-Known Member

    LOL nice pun!

    I like the 100 Pengos (P-111) & picked one up a few years ago. It reminds me of the Danube River & viewing the parliament buildings from the Pest side.
     
    Murillo likes this.
  8. Neal

    Neal Well-Known Member

    This note appears to have been issued in April of 1945, at the end of WWII, at the beginning of a period of hyperinflation. Before the war, it took about 5 pengos to equal a dollar. By August 31, 1945, it took 1320. By the time the last pengos were issued in July of 1946, it took 460,000,000,000,000,000,000,000,000,000 pengos to equal one US dollar. So your note would not have been worth much when issued. Source: Wikipedia, https://en.wikipedia.org/wiki/Hungarian_pengő.
     
    George McClellan likes this.
  9. jfreakofkorn

    jfreakofkorn Well-Known Member

    Love that art work on that note
     
  10. Murillo

    Murillo Well-Known Member

    WOW! This is interesting! Thank you!
     
  11. Murillo

    Murillo Well-Known Member

    Yes, me too! This is why I bought it, I'm not really someone who knows a lot about coins or paper money, I just look at stuff and if it looks interesting to me I buy.
     
  12. techwriter

    techwriter Well-Known Member

    "Yes, me too! This is why I bought it, I'm not really someone who knows a lot about coins or paper money, I just look at stuff and if it looks interesting to me I buy."

    That's why many of us buy what we buy. (and we're called hoarders) :shame::banghead:
     
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