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<p>[QUOTE=&quot;Jaelus, post: 3469453, member: 46237&quot;]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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>I grouped the modern coinage periods like this for my new type set:</p><ul> <li>Modern Hungarian Type (1946-Present)<ul> <li>The Second Hungarian Republic (1946-1949)</li> <li>The Hungarian People&#039;s Republic - Pre-Revolution (1949-1956)</li> <li>The Second Hungarian People&#039;s Republic - Post-Revolution (1957-1989)</li> <li>The Third Hungarian Republic (1989-Present)<ul> <li>Transitional Coinage (1990)</li> </ul></li> </ul></li> </ul><p>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.</p><p><br /></p><p>While I won&#039;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.[/QUOTE]</p><p><br /></p>

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