Expanding into Hungarian Moderns

Discussion in 'World Coins' started by Jaelus, Apr 16, 2019.

  1. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    As my Hungarian classic type set has gotten to the point where I am mostly upgrading or acquiring patterns and trials, I decided to branch into modern Hungarian coinage. To do this, I first had to ask myself when modern Hungarian coinage began. This was not an easy question to answer.

    In some ways, the first traits of modern coinage began with the WWII and Provisional National Government issues of 1940-1945, as this period is when the first aluminum business strikes were issued. Yet these were struck in aluminum as a wartime metal, and the coins were still issued under the pengő monetary system during the last years of the Kingdom of Hungary.

    The coinage of the Second Hungarian Republic (1946-1949) to me are transitional in that they definitely have a classic feel, yet we now see aluminum moving into the mainstream as a coinage metal. The pengő has been abandoned due to hyperinflation, and we see a return to the forint (a denomination last used in 1892). We also see the transformation of Hungary from a kingdom to a republic. As during this period we also see the introduction of some smaller coinage designs that would survive well into the 1990s, I decided to place the start of modern Hungarian coinage at 1946.

    I grouped the modern coinage periods like this for my new type set:
    • Modern Hungarian Type (1946-Present)
      • The Second Hungarian Republic (1946-1949)
      • The Hungarian People's Republic - Pre-Revolution (1949-1956)
      • The Second Hungarian People's Republic - Post-Revolution (1957-1989)
      • The Third Hungarian Republic (1989-Present)
        • Transitional Coinage (1990)
    As I had previously included the issues of 1946-1949 in my classic type set, the first part of my modern type set were already virtually complete. For that period, I had decided on first year coins only to represent each type, so I decided to continue that trend through the entire modern type set. I was lucky enough to find exceptional NGC slabbed examples of many issues to initially fill some of the holes, but then I had to look for raw examples. Since these are moderns, I set a target grade of MS65 for any issues prior to 1970, and MS66 for any issues post 1970 when mint sets become generally available.

    While I won't share all of the moderns I picked up here, I will share my initial submission of raw moderns to NGC. Unfortunately, they have an arbitrary cutoff for world moderns of 1955, so I had to split out some of my moderns into a different submission. For my first modern submissions, I decided to focus on coins through the 1990 transitional types. The issues of 1992 and on I consider to be ultra-modern, and for those I would need to find MS68-69 examples to be worth slabbing, which is more of an exercise in finding business strike and proof mint sets to break up.
     
    Last edited: Apr 16, 2019
    Chris B likes this.
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  3. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    Hungary Forint 1949BP
    (1949-1952) KM-545
    NGC MS64
    NGC4919380-001_OBV.JPG NGC4919380-001_REV.JPG

    Hungary 2 Fillér 1950BP
    (1950-1989) KM-546
    NGC MS66
    NGC4919380-002_OBV.JPG NGC4919380-002_REV.JPG

    Hungary 20 Fillér 1950BP
    (1950) KM-531 (People's Republic Issue)
    NGC MS67
    NGC4919380-003_REV.JPG NGC4919380-003_OBV.JPG

    Hungary 2 Forint Copper-Nickel Pattern 1950BP (Probaveret)
    (1950) KM-548p
    NGC MS67

    Exactly the grade I was looking for on this pattern. 2,000 pieces were produced.
    NGC4919380-004_OBV.JPG
    NGC4919380-004_REV.JPG

    Hungary Forint 1957BP
    (1957-1966) KM-555
    NGC MS65
    1957BP_Forint_OBV.JPG 1957BP_Forint_REV.JPG
     
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  4. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    Hungary 10 Fillér Aluminum 1967BP
    (1967-1989) KM-572
    NGC MS65

    Since I'm sticking to first year for each type, I had to acquire an example of the 1967 10 fillér, though this is the big key date for Hungarian moderns with a mintage of only 5,000 pieces.
    NGC4919377-001_OBV.JPG NGC4919377-001_REV.JPG

    Hungary 20 Fillér Aluminum 1967BP
    (1967-1989) KM-573
    NGC MS65
    1967BP_20Fil_OBV.JPG 1967BP_20Fil_REV.JPG

    Hungary Forint Aluminum 1967BP
    (1967-1989) KM-575
    NGC MS64
    1967BP_Forint_OBV.JPG 1967BP_Forint_REV.JPG

    Hungary 5 Forint Copper-Nickel 1967BP
    Lajos Kossuth
    (1967-1968) KM-576
    NGC MS65
    1967BP_5Forint_OBV.JPG 1967BP_5Forint_REV.JPG

    Hungary 10 Forint 1971BP
    (1971-1982) KM-595
    NGC MS64
    1971BP_10Forint_OBV.JPG 1971BP_10Forint_REV.JPG
     
    Last edited: Apr 16, 2019
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  5. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    Hungary 5 Forint 1983BP
    (1983-1989) KM-635
    NGC MS68
    1983BP_5Forint_OBV.JPG 1983BP_5Forint_REV.JPG
     
    Last edited: Apr 16, 2019
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  6. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    The Third Hungarian Republic issued their first coins in 1990, so this is a transition year for the forints, as they changed the legends but had not yet designed new coinage to remove the soviet iconography. The fillérs did not have any problematic iconography, and so the legend change was sufficient for them and many continued to be struck through the 90s. As such, they issued a mint set for the fillérs this year, but did not issue one for the forints as they were one-year transitional types.

    I was lucky enough to find a choice mint set for the fillérs, and here are the grades:

    Hungary 2 Fillér 1990BP
    (1990-1992) KM-673
    NGC MS67
    1990BP_2Fil_OBV.JPG 1990BP_2Fil_REV.JPG

    Hungary 5 Fillér 1990BP
    (1990-1992) KM-674
    NGC MS66
    1990BP_5Fil_OBV.JPG 1990BP_5Fil_REV.JPG

    Hungary 10 Fillér 1990BP
    (1990-1997) KM-675
    NGC MS66
    1990BP_10Fil_OBV.JPG 1990BP_10Fil_REV.JPG

    Hungary 20 Fillér 1990BP
    (1990-1997) KM-676
    NGC MS66
    1990BP_20Fil_OBV.JPG 1990BP_20Fil_REV.JPG

    Hungary 50 Fillér 1990BP
    (1990-1999) KM-677
    NGC MS67
    1990BP_50Fil_OBV.JPG 1990BP_50Fil_REV.JPG
     
    Last edited: Apr 16, 2019
  7. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    The 1990 forints I had to find raw, and it was challenging to find them in gem grades. These are all one-year types and are quite popular with collectors, but most are BU and no mint set was issued.

    Hungary Forint 1990BP
    (1990) Transitional Coinage KM-736
    NGC MS65
    1990BP_Forint_OBV.JPG 1990BP_Forint_REV.JPG

    Hungary 2 Forint 1990BP
    (1990) Transitional Coinage KM-737
    NGC MS66
    1990BP_2Forint_OBV.JPG 1990BP_2Forint_REV.JPG

    Hungary 5 Forint 1990BP
    (1990) Transitional Coinage KM-738
    NGC MS66
    1990BP_5Forint_OBV.JPG 1990BP_5Forint_REV.JPG

    Hungary 10 Forint 1990BP
    (1990) Transitional Coinage KM-739
    NGC MS66
    1990BP_10Forint_OBV.JPG 1990BP_10Forint_REV.JPG

    Hungary 20 Forint 1990BP
    (1990) Transitional Coinage KM-740
    NGC MS67
    1990BP_20Forint_OBV.JPG 1990BP_20Forint_REV.JPG
     
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