{"title":"Hyperinflationary banknotes","description":"\u003ch3 data-end=\"40\" data-start=\"0\"\u003eThe World’s Most Extreme Banknote Crisis\u003c\/h3\u003e\n\u003cp data-end=\"365\" data-start=\"42\"\u003eWhen collectors speak of 'extreme banknotes', few historical episodes compare to the Hungarian hyperinflation of 1945-46, the most severe inflationary period in recorded history. This extraordinary time produced not only staggering economic chaos but also some of the most fascinating and collectible banknotes ever issued.\u003c\/p\u003e\n\u003cp data-end=\"365\" data-start=\"42\"\u003e \u003c\/p\u003e\n\u003ch3 data-end=\"392\" data-start=\"367\"\u003eWar and Economic Collapse\u003c\/h3\u003e\n\u003cp data-end=\"552\" data-start=\"394\"\u003eThe second World War hurled the Hungarian economy into inflation, soon the Hungarian National Bank was printing denominations up to a billion (1,000,000,000).\u003c\/p\u003e\n\u003cp data-end=\"689\" data-start=\"554\"\u003eAs prices skyrocketed, the National Bank was forced to introduce the prefix 'Mil', meaning a million (+6 zeros), creating the Milpengő.\u003c\/p\u003e\n\u003cp data-end=\"925\" data-start=\"691\"\u003eAt the height of the hyperinflation another prefix, 'B', short for billion (+9 zeros), was introduced. The world's highest denomination to enter circulation ever, 100 million B.-Pengő = 100,000,000,000,000,000,000 Pengős, was printed.\u003c\/p\u003e\n\u003cp data-end=\"925\" data-start=\"691\"\u003e \u003c\/p\u003e\n\u003ch3 data-end=\"965\" data-start=\"927\"\u003eA Collector's Dream, A Cautionary Tale\u003c\/h3\u003e\n\u003cp data-end=\"1205\" data-start=\"967\"\u003eThese banknotes are more than just high numbers. They represent a vivid moment in history when paper money lost all value. Imagine: at the peak of the crisis, one US dollar was worth 4.6 octillion pengő (that’s a 46 followed by 27 zeros).\u003c\/p\u003e\n\u003cp data-is-only-node=\"\" data-is-last-node=\"\" data-end=\"1416\" data-start=\"1207\"\u003eYet despite the chaos, the Hungarian mint continued issuing beautifully designed notes, often with subtle color variations, security features, and evolving paper quality, a field rich for study and comparison.\u003c\/p\u003e","products":[{"product_id":"hungary-tizmillio-10-million-10-000-000-b-pengo-10-quintillion-1946-aunc-hyperinflation-banknote-1946","title":"Hungary 10 Millió B-Pengő 1946 P-135 (10,000,000,000,000,000,000 Pengos)","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 10 million bpengo (10,000,000,000,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth ten quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e10 000 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e184x84mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e135\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47573664661838,"sku":"","price":149.0,"currency_code":"USD","in_stock":false},{"title":"VF - Very Fine","offer_id":47573664694606,"sku":"","price":169.0,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47573664727374,"sku":"","price":219.0,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47573664760142,"sku":"","price":289.0,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47573664792910,"sku":"","price":399.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600.png?v=1705254471"},{"product_id":"hungary-egymillio-1-million-1-000-000-b-pengo-1-quintillion-1946-hyperinflation-banknote-from-1946","title":"Hungary 1 Millió B-Pengő 1946 P-134 (1,000,000,000,000,000,000 Pengos)","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 1 million bpengo (1,000,000,000,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth one quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e1 000 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e165x83mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e134\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47573616558414,"sku":"","price":4.5,"currency_code":"USD","in_stock":false},{"title":"VF - Very Fine","offer_id":47573616591182,"sku":"","price":9.95,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47573616623950,"sku":"","price":13.95,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47573616656718,"sku":"","price":18.95,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47573616689486,"sku":"","price":25.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_c674e404-5608-4b30-b35c-48f98100f071.png?v=1706425814"},{"product_id":"copy-of-hungary-egymillio-1-million-1-000-000-b-pengo-1-quintillion-1946-hyperinflation-banknote-from-1946","title":"Hungary 100,000 B-Pengő 1946 P-133 (100,000,000,000,000,000 Pengos)","description":"\u003cp\u003e \u003c\/p\u003e\n\u003cdiv id=\"ds_div\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 100 thousand bpengo (100,000,000,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eMagyarország Százezer BPengő\u003c\/strong\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth 100,000 billion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. \u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e100 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e178x80mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e133\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan style=\"font-family: Arial; font-size: large;\" size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47884882903374,"sku":null,"price":3.75,"currency_code":"USD","in_stock":false},{"title":"VF - Very Fine","offer_id":47884882936142,"sku":null,"price":6.95,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47884883001678,"sku":null,"price":9.95,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47884883034446,"sku":null,"price":16.95,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47884883067214,"sku":null,"price":29.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_34912b99-4a18-4eb6-8c2c-c83e0348bdb4.png?v=1712070732"},{"product_id":"copy-of-hungary-100-000-000-000-000-000-pengo-1946-p-133-aunc-hyperinflation-banknote","title":"Hungary 100 Millió Milpengő 1946 P#130 (100,000,000,000,000 Pengos)","description":"\u003cdiv id=\"ds_div\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 100 million milpengo (100,000,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes, making this banknote worth 100 trillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the prefix 'mil'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e100 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e159x79mm\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\" style=\"font-family: Arial; font-size: large;\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47884920815950,"sku":null,"price":1.5,"currency_code":"USD","in_stock":true},{"title":"VF - Very Fine","offer_id":47884920848718,"sku":null,"price":2.75,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47884920881486,"sku":null,"price":3.75,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47884920914254,"sku":null,"price":7.5,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47884920947022,"sku":null,"price":19.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_fb43ea6b-fef6-4938-bb70-0bdec91309d2.png?v=1712071306"},{"product_id":"copy-of-hungary-100-000-000-000-000-pengo-100-trillion-100-million-milpengo-banknote-1946-vf-p-130","title":"Hungary 1 Milliárd Milpengő 1946 P-131 (1,000,000,000,000,000 Pengos)","description":"\u003cp\u003e \u003c\/p\u003e\n\u003cdiv id=\"ds_div\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp\u003e\u003cstrong\u003eHungarian 1 milliard milpengo (1,000,000,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes, making this banknote worth 1 quadrillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the prefix 'mil'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e1 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e174x84mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e131\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47889549754702,"sku":null,"price":1.5,"currency_code":"USD","in_stock":true},{"title":"VF - Very Fine","offer_id":47889549787470,"sku":null,"price":3.0,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47889549820238,"sku":null,"price":4.5,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47889549853006,"sku":null,"price":12.0,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47889549885774,"sku":null,"price":24.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_1_a6ae3c8e-f784-4f90-876c-9ff50f879a39.png?v=1712164053"},{"product_id":"copy-of-magyarorszag-tizezer-10-000-b-pengo-10-kvadrillio-inflacios-bankjegy-xf-1946","title":"Hungary 100 Millió B-Pengő 1946 P#136 (100,000,000,000,000,000,000 Pengos)","description":"\u003cp\u003e \u003c\/p\u003e\n\u003cdiv id=\"ds_div\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp\u003e\u003cstrong\u003eHungarian 100 million bpengo (\u003cspan\u003e100,000,000,000,000,000,000\u003c\/span\u003e Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"color: rgb(255, 91, 91);\"\u003eHighest denomination banknote to enter circulation in the world's history!\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eMagyarország 100 millió b-pengő\u003c\/strong\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth a hundred quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e100 000 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e159x79mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e136\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan style=\"font-family: -apple-system, BlinkMacSystemFont, 'San Francisco', 'Segoe UI', Roboto, 'Helvetica Neue', sans-serif; font-size: 0.875rem;\"\u003e  \u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\" style=\"font-family: Arial; font-size: large;\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47889578164558,"sku":null,"price":129.99,"currency_code":"USD","in_stock":false},{"title":"VF - Very Fine","offer_id":47889578197326,"sku":null,"price":169.99,"currency_code":"USD","in_stock":false},{"title":"XF - Extra Fine","offer_id":47889578230094,"sku":null,"price":399.99,"currency_code":"USD","in_stock":false},{"title":"aUNC - almost Uncirculated","offer_id":47889578262862,"sku":null,"price":499.99,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47889578295630,"sku":null,"price":539.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/ScreenShot2024-04-03at1.23.16PM.png?v=1712165030"},{"product_id":"copy-of-magyarorszag-1-000-000-000-000-1-kvadrillio-pengo-bankjegy-xf-1946-p-131","title":"Hungary 10 thousand B-Pengő 1946 P#132 (10,000,000,000,000,000 Pengos)","description":"\u003cp\u003e \u003c\/p\u003e\n\u003cdiv id=\"ds_div\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp\u003e\u003cstrong\u003eHungarian 10 thousand bpengo (10,000,000,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eMagyarország Tízezer BPengő\u003c\/strong\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth 10 quadrillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. \u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e10,000,000,000,000,000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e171x82mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e132\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47889592680782,"sku":null,"price":3.75,"currency_code":"USD","in_stock":false},{"title":"VF - Very Fine","offer_id":47889592713550,"sku":null,"price":6.95,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47889592746318,"sku":null,"price":9.95,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47889592779086,"sku":null,"price":12.95,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47889592811854,"sku":null,"price":19.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_5e2e5332-25b7-4fcd-bf92-e55dbc3a20b6.png?v=1775814655"},{"product_id":"copy-of-magyarorszag-10-000-000-000-000-000-pengo-1946-p-132-xf-hiperinflacios-bankjegy","title":"Hungary 100 Millió Pengő 1946 (100,000,000 Pengos) P-124","description":"\u003cp\u003e \u003c\/p\u003e\n\u003cdiv id=\"ds_div\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp\u003e\u003cstrong\u003eHungarian 100 million pengo (\u003cspan\u003e100,000,000\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003ePengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eMagyarország 100 millió pengő\u003c\/strong\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e \u003c\/p\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003eDue to the hyperinflation in Hungary after World War 2, new and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. These banknotes are also difficult to find unfolded, as these are larger than the previously used, non inflationary pengő banknotes. They did not fit into most wallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e100 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e158x78mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e124\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47889606869326,"sku":null,"price":1.5,"currency_code":"USD","in_stock":true},{"title":"VF - Very Fine","offer_id":47889606902094,"sku":null,"price":2.5,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47889606934862,"sku":null,"price":3.75,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47889606967630,"sku":null,"price":9.0,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47889607000398,"sku":null,"price":29.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_8c4a4780-6f65-494d-aaa7-3a5b76e5510a.jpg?v=1712164725"},{"product_id":"copy-of-magyarorszag-100-000-000-pengo-100-millio-milpengo-bankjegy-p-124-1946-nagyon-finom","title":"Hungary 1 Milliárd Pengő 1946 (1,000,000,000 Pengos) P-125","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 1 milliard pengo (1,000,000,000 Pengos) hyperinflationary banknote from 1946\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eMagyarország egymilliárd pengő\u003c\/strong\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e1 000 000 000  Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e174x84mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e125\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47889616175438,"sku":null,"price":1.5,"currency_code":"USD","in_stock":true},{"title":"VF - Very Fine","offer_id":47889616208206,"sku":null,"price":2.75,"currency_code":"USD","in_stock":true},{"title":"XF - Extra Fine","offer_id":47889616240974,"sku":null,"price":4.5,"currency_code":"USD","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47889616273742,"sku":null,"price":13.5,"currency_code":"USD","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47889616306510,"sku":null,"price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/s-l1600_94953210-24f3-49d8-83ae-40cccada60a2.png?v=1712164814"},{"product_id":"hungary-1-millio-b-pengo-1946-p-134-unc-pmg-64-epq","title":"Hungary 1 Millió B-Pengő 1946 UNC PMG 64 EPQ P-134","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 1 million bpengo hyperinflationary banknote from 1946\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eThe banknote is authenticated and graded by PMG, recieving 64 out of 70 points, meaning it is in Uncirculated condition, as well as having an EPQ (Exceptional Paper Quality) grading.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth one quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e in front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. \u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e1 000 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e165x83mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e134\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cspan\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":52880699949390,"sku":"","price":198.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_0123.heic?v=1747746589"},{"product_id":"hungary-1-millio-b-pengo-1946-p-134-unc-pmg-65-epq","title":"Hungary 1 Millió B-Pengő 1946 UNC PMG 65 EPQ P-134","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 1 million bpengo hyperinflationary banknote from 1946\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eThe banknote is authenticated and graded by PMG, recieving 65 out of 70 points, meaning it is in Uncirculated condition, as well as having an EPQ (Exceptional Paper Quality) grading.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth one quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e in front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare, and a 640,000 one is very rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. \u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cp\u003e \u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":52880736092494,"sku":"","price":224.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_0109.heic?v=1747748625"},{"product_id":"hungary-10-millio-b-pengo-1946-p-135-unc-pmg-64-epq","title":"Hungary 10 Millió B-Pengő 1946 UNC PMG 64 EPQ P-135","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 10 million bpengo hyperinflationary banknote from 1946\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eThe banknote is authenticated and graded by PMG, recieving 64 out of 70 points, meaning it is in Uncirculated condition, as well as having an EPQ (Exceptional Paper Quality) grading.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth ten quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. \u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e10 000 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eShape:\u003c\/strong\u003e Rectangular\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e184x84mm\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eP#\u003c\/strong\u003e135\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":52880884302158,"sku":"","price":181.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_0121.heic?v=1747750923"},{"product_id":"hungary-100-millio-b-pengo-1946-p-136-unc-pmg-64","title":"Hungary 100 Millió B-Pengő 1946 UNC PMG 64 P-136","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 100 million bpengo hyperinflationary banknote from 1946\u003cbr\u003e\u003c\/strong\u003e\u003cspan style=\"color: rgb(228, 17, 17);\"\u003eHighest denomination banknote to enter circulation in the world's history!\u003c\/span\u003e\u003cstrong\u003e\u003cbr\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eThe banknote is authenticated and graded by PMG, recieving 64 out of 70 points, meaning it is in Uncirculated condition.\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth 100 quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare, and a 640,000 one is very rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":52880901570894,"sku":"","price":399.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_0110.heic?v=1747751408"},{"product_id":"starter-pack-hungary","title":"Starter Pack - Hungary Pengo World War II and Inflation Era Collection Pack","description":"\u003cp data-start=\"264\" data-end=\"597\"\u003e\u003cstrong data-start=\"264\" data-end=\"365\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBegin \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eyour \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ejourney \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einto \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungarian \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknote \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollecting \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ewith \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethis \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-start=\"264\" data-end=\"365\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebeautifully \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurated \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eStarter \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePack.\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"264\" data-end=\"597\"\u003e\u003cbr data-start=\"365\" data-end=\"368\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCarefully \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eselected \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eto \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003erepresent \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ekey \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emoments \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary’s \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e20th-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecentury \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emonetary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory — \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eincluding \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einfamous \u003c\/span\u003e\u003cstrong data-start=\"480\" data-end=\"509\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehyperinflation \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eof \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1945–\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e46\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e — \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethis \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eset \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eis \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eideal \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebeginners, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeducators, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eanyone \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efascinated \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eby \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic and financial \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"599\" data-end=\"782\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eEach \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003enote \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003etells \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estory: \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epre-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ewar \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eelegance \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eto \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003echaos \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eof \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003etrillion-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edenominations, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethis \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epack \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eoffers \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehands-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eon \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eglimpse \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einto \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eone \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eof \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eworld’s \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emost \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eextreme \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efinancial \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecrises.\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"784\" data-end=\"787\"\u003e\n\u003ch3 data-start=\"789\" data-end=\"819\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e💵 \u003c\/span\u003e\u003cstrong data-start=\"796\" data-end=\"818\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBanknotes \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIncluded\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"823\" data-end=\"934\"\u003e\u003cstrong data-start=\"823\" data-end=\"850\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e10 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1936\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"850\" data-end=\"853\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eClassic \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einterwar \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ewith \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eartistic \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eflourishes \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estrong \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epre-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eWWII \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eaesthetic.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"938\" data-end=\"1042\"\u003e\u003cstrong data-start=\"938\" data-end=\"965\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e20 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1941\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"965\" data-end=\"968\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIssued \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eduring \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eWWII, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eshowing \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003evisual \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003etransition \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einto \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ewartime \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprinting.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1046\" data-end=\"1155\"\u003e\u003cstrong data-start=\"1046\" data-end=\"1081\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e100 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emillió \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1946\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"1081\" data-end=\"1084\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePart \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eof \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003elegendary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehyperinflation \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eseries, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eworth \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e100 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emillion \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1159\" data-end=\"1307\"\u003e\u003cstrong data-start=\"1159\" data-end=\"1196\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emillió \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emil-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1946\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"1196\" data-end=\"1199\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e(\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eEquals \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1 \u003c\/span\u003e\u003cstrong data-start=\"1211\" data-end=\"1223\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003etrillion\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő — \"\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emil\" = \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emillion). \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAmong \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehighest \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecirculating \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edenominations \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eever \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprinted.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1311\" data-end=\"1428\"\u003e\u003cstrong data-start=\"1311\" data-end=\"1346\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emilliárd \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1945\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"1346\" data-end=\"1349\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e(\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1 \u003c\/span\u003e\u003cstrong data-start=\"1354\" data-end=\"1365\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebillion\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő). \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eA \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estriking \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eexample \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eearly \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehyperinflation \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ewave.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1432\" data-end=\"1545\"\u003e\u003cstrong data-start=\"1432\" data-end=\"1470\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e10 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emillió \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emil-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1946\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"1470\" data-end=\"1473\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e(\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e10 \u003c\/span\u003e\u003cstrong data-start=\"1479\" data-end=\"1491\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003etrillion\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő). \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eA \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edramatic \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eexample \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eof \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eoverdrive.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1549\" data-end=\"1652\"\u003e\u003cstrong data-start=\"1549\" data-end=\"1583\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e10 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emillió \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1945\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"1583\" data-end=\"1586\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eA \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003emid-\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003erange \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003enote \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurve, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egreat \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomparison.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1656\" data-end=\"1749\"\u003e\u003cstrong data-start=\"1656\" data-end=\"1684\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e100 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epengő – \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e1945\u003c\/span\u003e\u003c\/strong\u003e\u003cbr data-start=\"1684\" data-end=\"1687\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eA \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esnapshot \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eof \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ethe \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeveryday \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomy \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebefore \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollapse.\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"1751\" data-end=\"1754\"\u003e\n\u003ch3 data-start=\"1756\" data-end=\"1786\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e📦 \u003c\/span\u003e\u003cstrong data-start=\"1763\" data-end=\"1785\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eProduct \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHighlights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"1790\" data-end=\"1837\"\u003e\u003cstrong data-start=\"1790\" data-end=\"1824\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e8 \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egenuine \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistorical \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHungary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1840\" data-end=\"1875\"\u003e\u003cstrong data-start=\"1840\" data-end=\"1857\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eauthentic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eno \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ereproductions\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1878\" data-end=\"1948\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomes \u003c\/span\u003e\u003cstrong data-start=\"1894\" data-end=\"1913\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esafely \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epackaged\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprotective \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esleeve\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"2066\" data-end=\"2205\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePerfect \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor:\u003c\/span\u003e\u003cbr data-start=\"2078\" data-end=\"2081\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤ \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNew \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollectors\u003c\/span\u003e\u003cbr data-start=\"2099\" data-end=\"2102\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤ \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eGifts \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebuffs \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estudents\u003c\/span\u003e\u003cbr data-start=\"2141\" data-end=\"2144\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤ \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eTeaching \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation, \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"2207\" data-end=\"2210\"\u003e\n\u003ch3 data-start=\"2212\" data-end=\"2235\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e🛡 \u003c\/span\u003e\u003cstrong data-start=\"2219\" data-end=\"2232\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCondition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"2236\" data-end=\"2387\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eare \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecirculated \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003econdition, \u003c\/span\u003e\u003cstrong data-start=\"2271\" data-end=\"2304\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egraded \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eFine \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eto \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eVF (\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003every \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efine)\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e. \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edetails \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eremain \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eclearly \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003evisible \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eintact — \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eperfect \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehandling \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edisplay. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":52885118124366,"sku":"","price":39.85,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_8805.heic?v=1747827686"},{"product_id":"hungary-100-000-pengo-1945-p-121a-aunc","title":"Hungary 100 000 Pengő 1945 P-121a AUNC","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one hundred thousand Pengo banknote from 1945 Pick no. 121a in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 177×80mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1945\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Valéria Rudas in folk clothing at right.\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eNational coat of arms at centre\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54505944088910,"sku":null,"price":11.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2183.jpg?v=1753871515"},{"product_id":"hungary-100-000-pengo-1945-p-121a-aunc-consecutive","title":"Hungary 100 000 Pengő 1945 P-121a AUNC+ CONSECUTIVE","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one hundred thousand Pengo consecutive serial number banknotes from 1945 Pick no. 121a in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 177×80mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1945\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Valéria Rudas in folk clothing at right.\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eNational coat of arms at centre\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54505970991438,"sku":null,"price":23.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2169.jpg?v=1753871697"},{"product_id":"hungary-1-billion-pengo-1946-1-000-000-000-pengos-p-125-consecutive-pair","title":"Hungary 1 billion Pengő 1946 (1,000,000,000 Pengos) P-125 AUNC CONSECUTIVE PAIR","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one billion\/milliard Pengo consecutive serial number banknotes from 1946 Pick no. 125 in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 174×84mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Lucia Lendvay, an average woman from Székesfehárvár\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54506030563662,"sku":null,"price":15.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2177.jpg?v=1753872743"},{"product_id":"hungary-1-million-milpengo-1946-p-128-aunc","title":"Hungary 1 million MILPengő 1946 P-128 AUNC","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one million MilPengo banknote from 1946 Pick no. 128 in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eDenomination: \u003c\/strong\u003e1,000,000,000,000 Pengos\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 168×84mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes, making this banknote worth 1 quadrillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the prefix 'mil'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Lajos Kossuth at right\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003ePainting \"At the Shore of Lake Balaton\" by Géza Mészöly\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54506183786830,"sku":null,"price":8.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2163.jpg?v=1753874945"},{"product_id":"hungary-10-000-milpengo-1946-p-126-aunc","title":"Hungary 10 000 MILPengő 1946 P-126 AUNC","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary ten thousand MilPengo banknote from 1946 Pick no. 126 in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eDenomination: \u003c\/strong\u003e10,000,000,000 Pengos\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 168×84mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes, making this banknote worth 1 quadrillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the prefix 'mil'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of allegorical woman at right\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54506892493134,"sku":null,"price":9.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2161.jpg?v=1775814655"},{"product_id":"hungary-1-000-000-pengo-1945-p-122-unc","title":"Hungary 1 000 000 Pengő 1945 P-122 UNC","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one million Pengo banknote from 1945 Pick no. 122 in Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 169×83mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1945\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Kossuth Lajos at right\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003ePainting \"At the shores of Lake Balaton\" by Géza Mészöly\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54506912514382,"sku":null,"price":20.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2159.jpg?v=1753878838"},{"product_id":"hungary-10-million-b-pengo-1946-p-135-pmg-66-epq-gem-unc","title":"Hungary 10 million B.-Pengő 1946 P-135 PMG 66 EPQ GEM UNC","description":"\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eHungarian 10 million bpengo hyperinflationary banknote from 1946\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eThe banknote is authenticated and graded by PMG, recieving 66 out of 70 points, meaning it is in Gem Uncirculated condition, as well as having an EPQ (Exceptional Paper Quality) grading.\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth ten quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank. \u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eValue: \u003c\/strong\u003e10 000 000 000 000 000 000 Pengő\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927-1946)\u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e184x84mm\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003cstrong\u003eYear:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eObverse:\u003cbr\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ePortrait of Kossuth Lajos at right, Arms at left\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eReverse:\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003eDove with branch at center\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003ch3\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54787159195982,"sku":null,"price":231.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2583.jpg?v=1756987517"},{"product_id":"hungary-1-million-pengo-1945-p-122-pmg-58-choice-aunc-epq","title":"Hungary 1 million Pengő 1945 P-122 PMG 58 choice AUNC EPQ","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one million Pengo banknote from 1945 Pick no. 122.\u003cbr\u003eThe banknote is authenticated and graded by PMG, recieving 58 out of 70 points, meaning it is in Choice About Uncirculated condition, as well as having an EPQ (Exceptional Paper Quality) grading.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e National Bank of Hungary (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003e\u003c\/strong\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengo (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 169×83mm\u003cbr\u003e\u003cstrong\u003eYears:\u003c\/strong\u003e 1945\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Kossuth Lajos at right\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003ePainting \"At the shores of Lake Balaton\" by Géza Mészöly\u003c\/span\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003c\/strong\u003e\u003cbr\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper, in bubblewrap.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54810102858062,"sku":null,"price":15.25,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2668.jpg?v=1757503274"},{"product_id":"hungary-10-million-b-pengo-1946-p-135-pmg-58-choice-aunc-epq","title":"Hungary 10 million b.-Pengő 1946 P-135 PMG 58 choice AUNC EPQ","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary ten million b.-Pengo hyperinflationary banknote from 1946 Pick no. 135.\u003cbr\u003eThe banknote is authenticated and graded by PMG, recieving 58 out of 70 points, meaning it is in Choice About Uncirculated condition, as well as having an EPQ (Exceptional Paper Quality) grading.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e National Bank of Hungary (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003e\u003c\/strong\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengo (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 184×84mm\u003cbr\u003e\u003cstrong\u003eYears:\u003c\/strong\u003e 1946\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Kossuth Lajos at right, arms at left\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eDove with branch in its beak\u003c\/span\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B-pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, i.e., 10^12, making this banknote worth 100 quintillion Pengő. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003ch3 align=\"center\"\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eWhy are they rare and valuable?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eB-pengő print runs were limited in numbers.\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003eEstimated print-run of the 1 million\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eB-pengő is between 1 and 1.4 million only. As a comparison, a modern $1 star note bill with a 4 million print-run is considered rare, and a 640,000 one is very rare.\u003c\/span\u003e\u003c\/p\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003eThe reasons behind the short print-runs is the hyperinflation in Hungary after World War 2. New and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003c\/strong\u003e\u003cbr\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper, in bubblewrap.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54810121568590,"sku":null,"price":81.25,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2666.jpg?v=1757503583"},{"product_id":"hungary-10-million-milpengo-1946-p-129-aunc","title":"Hungary 10 million MilPengő 1946 P-129 AUNC","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary 10 million MilPengo banknote from 1946 Pick no. 129 in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e Hungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengo (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 180×84mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003ePortrait of Lajos Kossuth at right, Hungarian coat of arms at left\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eDove with an olive branch\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54881480311118,"sku":null,"price":7.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2937.jpg?v=1758810506"},{"product_id":"hungary-10-million-pengo-1945-p-123-aunc","title":"Hungary 10 million Pengő 1945 P-123 AUNC","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary ten million Pengo banknote from 1945 Pick no. 123 in About Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e Hungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengo (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 180×85mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1945\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003ePortrait of Lajos Kossuth at right, Hungarian coat of arms at left\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eDove with an olive branch\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54881522090318,"sku":null,"price":23.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2935.jpg?v=1758811142"},{"product_id":"hungary-10-million-pengo-1945-p-123-a-unc-consecutive","title":"Hungary 10 million Pengő 1945 P-123 A\/UNC consecutive","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary ten million Pengo consecutive banknotes from 1945 Pick no. 123 in About Uncirculated and Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e Hungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengo (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 180×85mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1945\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003ePortrait of Lajos Kossuth at right, Hungarian coat of arms at left\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eDove with an olive branch\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54881535852878,"sku":null,"price":80.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2928.jpg?v=1758811510"},{"product_id":"hungary-1-million-milpengo-1946-p-128-ef","title":"Hungary 1 million MILPengő 1946 P-128 EF","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one million MilPengo banknote from 1946 Pick no. 128 in Extremely Fine condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eDenomination: \u003c\/strong\u003e1,000,000,000,000 Pengos\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 168×84mm\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes, making this banknote worth 1 quadrillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the prefix 'mil'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of Lajos Kossuth at right\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003ePainting \"At the Shore of Lake Balaton\" by Géza Mészöly\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54884304519502,"sku":null,"price":7.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2980.jpg?v=1758875081"},{"product_id":"hungary-100-000-milpengo-1946-p-127-ef-consecutive-pair","title":"Hungary 100 000 MilPengő 1946 P-127 EF+ consecutive pair","description":"\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one hundred MilPengo consecutive hyperinflationary banknotes from 1946 Pick no. 127 in Extremely Fine condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cbr\u003e\u003cstrong\u003eDenomination: \u003c\/strong\u003e1,000,000,000,000 Pengos\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 180×842m\u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv align=\"center\" style=\"text-align: center;\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv align=\"center\" style=\"text-align: center;\"\u003e\n\u003cdiv align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003cbr\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cp align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes, making this banknote worth 1 quadrillion Pengős. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the prefix 'mil'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003ePortrait of a Valéria Rudas, an ordinary farmer girl from the village of Bény, wearing traditional \"Palóc\" costume at right\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eReverse:\u003c\/strong\u003e\u003cbr\u003eCoat of arms at center\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous orded - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54884392599886,"sku":null,"price":8.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_2982.jpg?v=1758875600"},{"product_id":"hungary-1000-pengo-1945-p-118a-unc","title":"Hungary 1000 Pengő 1945 P-118a UNC","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary one thousand Pengo banknote from 1945 Pick no. 118a in Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eSignatures: \u003c\/strong\u003eZsigmond Thaly, Imre Oltvanyi, Lajos Faragó\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e Hungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003e\u003c\/strong\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 182×88mm\u003cbr\u003e\u003cstrong\u003eYears:\u003c\/strong\u003e 1945\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003e\u003c\/span\u003e\u003cspan\u003ePortrait of an allegorical woman wearing flowers at right, \u003c\/span\u003e\u003cspan\u003eHungarian coat of arms to her left\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003c\/strong\u003e\u003cbr\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper, in bubblewrap.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54920291385678,"sku":null,"price":21.25,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_3120.jpg?v=1759489540"},{"product_id":"hungary-10-000-pengo-1945-p-119a-unc","title":"Hungary 10 000 Pengő 1945 P-119a UNC","description":"\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eABOUT THE BANKNOTE\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003eHungary ten thousand Pengo banknote from 1945 Pick no. 119a in Uncirculated condition. Graded according to the Standard Catalog of World Paper Money.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e Hungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003e\u003c\/strong\u003e\u003cstrong\u003eCurrency\u003c\/strong\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize\u003c\/strong\u003e: 168×88mm\u003cbr\u003e\u003cstrong\u003eYears:\u003c\/strong\u003e 1945\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan\u003e\u003cstrong\u003eObverse:\u003c\/strong\u003e\u003cbr\u003e\u003c\/span\u003e\u003cspan\u003ePortrait of an allegorical woman at right, \u003c\/span\u003e\u003cspan\u003eHungarian coat of arms to her left\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e \u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eWorldwide shipping\u003c\/strong\u003e\u003cbr\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper, in bubblewrap.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3 style=\"text-align: center;\"\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":54920320418126,"sku":null,"price":9.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/IMG_3130.jpg?v=1775814655"},{"product_id":"hungary-pengo-f-vf-hyperinflationary-banknote-bundle","title":"Hungary Pengő F-VF 1945-46 Hyperinflationary Banknote Bundle","description":"\u003cdiv class=\"product__description rte quick-add-hidden\"\u003e\n\u003ch3 data-end=\"819\" data-start=\"789\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e💵\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"818\" data-start=\"796\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBanknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIncluded\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e500 Pengő 1945 P-117\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e1000 Pengő 1945 P-118\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e10 000 Pengő 1945 P-119\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e100 000 Pengő 1945 P-121\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e1 000 000 Pengő 1945 P-122\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e10 000 000 Pengő 1945 P-123\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e100 000 000 Pengő 1946 P-124\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e1 000 000 000 Pengő 1946 P-125\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-end=\"1307\" data-start=\"1159\"\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e\u003cspan\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e158×78mm - 177×88mm \u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1945-46\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-end=\"1754\" data-start=\"1751\"\u003e\n\u003ch3 data-end=\"1786\" data-start=\"1756\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e📦\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"1785\" data-start=\"1763\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eProduct\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHighlights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"1837\" data-start=\"1790\"\u003e\u003cstrong data-end=\"1824\" data-start=\"1790\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e8 \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egenuine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistorical\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom Hungary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"1875\" data-start=\"1840\"\u003e\u003cstrong data-end=\"1857\" data-start=\"1840\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eauthentic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eno\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ereproductions\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"1948\" data-start=\"1878\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"1913\" data-start=\"1894\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esafely\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epackaged\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprotective\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esleeve\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"2205\" data-start=\"2066\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePerfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor:\u003c\/span\u003e\u003cbr data-end=\"2081\" data-start=\"2078\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNew\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollectors\u003c\/span\u003e\u003cbr data-end=\"2102\" data-start=\"2099\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eGifts\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebuffs\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estudents\u003c\/span\u003e\u003cbr data-end=\"2144\" data-start=\"2141\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eTeaching\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-end=\"2210\" data-start=\"2207\"\u003e\n\u003ch3 data-end=\"2235\" data-start=\"2212\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e🛡\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"2232\" data-start=\"2219\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCondition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"2387\" data-start=\"2236\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes are in Fine to Very Fine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003econdition,\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eperfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehandling\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edisplay. \u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55113585983822,"sku":null,"price":21.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/JUSTP.png?v=1762860080"},{"product_id":"hungary-milpengo-hyperinflationary-banknote-bundle-f-vf-1946","title":"Hungary Milpengő Hyperinflationary Banknote Bundle F-VF 1946","description":"\u003cdiv class=\"product__description rte quick-add-hidden\"\u003e\n\u003ch3 data-start=\"789\" data-end=\"819\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e💵\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"796\" data-end=\"818\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBanknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIncluded\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-start=\"823\" data-end=\"934\"\u003e10 000 Milpengő 1946 P-126\u003c\/li\u003e\n\u003cli data-start=\"823\" data-end=\"934\"\u003e100 000 Milpengő 1946 P-127\u003c\/li\u003e\n\u003cli\u003e1 000 000 Milpengő 1946 P-128\u003c\/li\u003e\n\u003cli\u003e10 000 000 Milpengő 1946 P-129\u003c\/li\u003e\n\u003cli\u003e100 000 000 Milpengő 1946 P-130\u003c\/li\u003e\n\u003cli\u003e1 000 000 000 Milpengő 1946 P-131\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"1159\" data-end=\"1307\"\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e\u003cspan\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e159×79mm - 180×84mm \u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-end=\"1754\" data-start=\"1751\"\u003e\n\u003ch3 style=\"text-align: left;\" align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Milpengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003c\/b\u003e\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp style=\"text-align: left;\" align=\"center\"\u003e\u003cspan\u003eThe denomination Milpengő meant one million pengoes. As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend the colossal numbers that came with the hyperinflation, the National Bank had decided to place the prefix 'mil'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: left;\" align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: left;\" align=\"center\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003chr data-start=\"1751\" data-end=\"1754\"\u003e\n\u003ch3 data-start=\"1756\" data-end=\"1786\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e📦\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"1763\" data-end=\"1785\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eProduct\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHighlights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"1790\" data-end=\"1837\"\u003e\u003cstrong data-start=\"1790\" data-end=\"1824\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e6 \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egenuine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistorical\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom Hungary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1840\" data-end=\"1875\"\u003e\u003cstrong data-start=\"1840\" data-end=\"1857\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eauthentic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eno\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ereproductions\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1878\" data-end=\"1948\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"1894\" data-end=\"1913\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esafely\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epackaged\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprotective\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esleeve\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"2066\" data-end=\"2205\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePerfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor:\u003c\/span\u003e\u003cbr data-start=\"2078\" data-end=\"2081\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNew\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollectors\u003c\/span\u003e\u003cbr data-start=\"2099\" data-end=\"2102\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eGifts\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebuffs\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estudents\u003c\/span\u003e\u003cbr data-start=\"2141\" data-end=\"2144\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eTeaching\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"2207\" data-end=\"2210\"\u003e\n\u003ch3 data-start=\"2212\" data-end=\"2235\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e🛡\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"2219\" data-end=\"2232\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCondition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"2236\" data-end=\"2387\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes are in Fine to Very Fine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003econdition,\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eperfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehandling\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edisplay. \u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55113633923406,"sku":null,"price":20.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/milpengo.png?v=1762960107"},{"product_id":"hungary-b-pengo-hyperinflationary-banknote-bundle-f-vf-1946","title":"Hungary B.-Pengő Hyperinflationary Banknote Bundle F-VF 1946","description":"\u003cdiv class=\"product__description rte quick-add-hidden\"\u003e\n\u003ch3 data-end=\"819\" data-start=\"789\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e💵\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"818\" data-start=\"796\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBanknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIncluded\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e10 000 B.-Pengő 1946 P-132\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e100 000 B.-Pengő 1946 P-133\u003c\/li\u003e\n\u003cli\u003e1 000 000 B.-Pengő 1946 P-134\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-end=\"1307\" data-start=\"1159\"\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e\u003cspan\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e165×83mm - 178×80mm \u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"1751\" data-end=\"1754\"\u003e\n\u003ch3 align=\"center\" style=\"text-align: left;\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B.-Pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003c\/b\u003e\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp align=\"center\" style=\"text-align: left;\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, (9 zeroes). As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\" style=\"text-align: left;\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\" style=\"text-align: left;\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt. Print runs were limited, since n\u003cspan\u003eew and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003chr data-end=\"1754\" data-start=\"1751\"\u003e\n\u003ch3 data-end=\"1786\" data-start=\"1756\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e📦\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"1785\" data-start=\"1763\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eProduct\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHighlights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"1837\" data-start=\"1790\"\u003e\u003cstrong data-end=\"1824\" data-start=\"1790\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e3 \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egenuine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistorical\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom Hungary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"1875\" data-start=\"1840\"\u003e\u003cstrong data-end=\"1857\" data-start=\"1840\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eauthentic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eno\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ereproductions\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"1948\" data-start=\"1878\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"1913\" data-start=\"1894\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esafely\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epackaged\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprotective\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esleeve\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"2205\" data-start=\"2066\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePerfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor:\u003c\/span\u003e\u003cbr data-end=\"2081\" data-start=\"2078\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNew\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollectors\u003c\/span\u003e\u003cbr data-end=\"2102\" data-start=\"2099\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eGifts\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebuffs\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estudents\u003c\/span\u003e\u003cbr data-end=\"2144\" data-start=\"2141\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eTeaching\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-end=\"2210\" data-start=\"2207\"\u003e\n\u003ch3 data-end=\"2235\" data-start=\"2212\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e🛡\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"2232\" data-start=\"2219\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCondition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"2387\" data-start=\"2236\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes are in Fine to Very Fine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003econdition,\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eperfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehandling\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edisplay. \u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55113789800782,"sku":null,"price":23.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/BP.png?v=1762869523"},{"product_id":"hungary-b-pengo-complete-hyperinflationary-banknote-bundle-f-xf-1946","title":"Hungary B.-Pengő Complete Hyperinflationary Banknote Bundle F-XF 1946","description":"\u003cdiv class=\"product__description rte quick-add-hidden\"\u003e\n\u003ch3 data-end=\"819\" data-start=\"789\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e💵\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"818\" data-start=\"796\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBanknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIncluded\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e10 000 B.-Pengő 1946 P-132\u003c\/li\u003e\n\u003cli data-end=\"934\" data-start=\"823\"\u003e100 000 B.-Pengő 1946 P-133\u003c\/li\u003e\n\u003cli\u003e1 000 000 B.-Pengő 1946 P-134\u003c\/li\u003e\n\u003cli\u003e10 000 000 B.-Pengő 1946 P-135\u003c\/li\u003e\n\u003cli\u003e100 000 000 B.-Pengő 1946 P-136\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-end=\"1307\" data-start=\"1159\"\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e\u003cspan\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e165×83mm - 178×80mm \u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"1751\" data-end=\"1754\"\u003e\n\u003ch3 align=\"center\" style=\"text-align: left;\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a B.-Pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cb\u003e\u003c\/b\u003e\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp align=\"center\" style=\"text-align: left;\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, (9 zeroes). As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter 'b'\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\" style=\"text-align: left;\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp align=\"center\" style=\"text-align: left;\"\u003e\u003cspan size=\"4\" face=\"Arial\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003ewallets, thus were immediately folded upon receipt. Print runs were limited, since n\u003cspan\u003eew and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003chr data-end=\"1754\" data-start=\"1751\"\u003e\n\u003ch3 data-end=\"1786\" data-start=\"1756\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e📦\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"1785\" data-start=\"1763\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eProduct\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHighlights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"1837\" data-start=\"1790\"\u003e\u003cstrong data-end=\"1824\" data-start=\"1790\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e5 \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egenuine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistorical\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom Hungary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"1875\" data-start=\"1840\"\u003e\u003cstrong data-end=\"1857\" data-start=\"1840\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eauthentic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eno\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ereproductions\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"1948\" data-start=\"1878\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"1913\" data-start=\"1894\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esafely\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epackaged\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprotective\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esleeve\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"2205\" data-start=\"2066\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePerfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor:\u003c\/span\u003e\u003cbr data-end=\"2081\" data-start=\"2078\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNew\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollectors\u003c\/span\u003e\u003cbr data-end=\"2102\" data-start=\"2099\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eGifts\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebuffs\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estudents\u003c\/span\u003e\u003cbr data-end=\"2144\" data-start=\"2141\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eTeaching\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-end=\"2210\" data-start=\"2207\"\u003e\n\u003ch3 data-end=\"2235\" data-start=\"2212\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e🛡\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-end=\"2232\" data-start=\"2219\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCondition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"2387\" data-start=\"2236\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes are in Fine to Extremely Fine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003econdition,\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eperfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehandling\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edisplay. \u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55116477333838,"sku":null,"price":375.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/BPNG.png?v=1762960717"},{"product_id":"hungary-complete-hyperinflationary-banknote-bundle-f-xf-1946","title":"Hungary Complete World War II Hyperinflationary Banknote Bundle F-XF 1946","description":"\u003cdiv class=\"product__description rte quick-add-hidden\"\u003e\n\u003ch3 data-start=\"789\" data-end=\"819\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e💵\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"796\" data-end=\"818\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eBanknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eIncluded\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e500 Pengő 1945 P-117\u003c\/li\u003e\n\u003cli\u003e1000 Pengő 1945 P-118\u003c\/li\u003e\n\u003cli\u003e10 000 Pengő 1945 P-119\u003c\/li\u003e\n\u003cli\u003e100 000 Pengő 1945 P-121\u003c\/li\u003e\n\u003cli\u003e1 000 000 Pengő 1945 P-122\u003c\/li\u003e\n\u003cli\u003e10 000 000 Pengő 1945 P-123\u003c\/li\u003e\n\u003cli\u003e100 000 000 Pengő 1946 P-124\u003c\/li\u003e\n\u003cli\u003e1 000 000 000 Pengő 1946 P-125\u003c\/li\u003e\n\u003cli\u003e10 000 Milpengő 1946 P-126\u003c\/li\u003e\n\u003cli\u003e100 000 Milpengő 1946 P-127\u003c\/li\u003e\n\u003cli\u003e1 000 000 Milpengő 1946 P-128\u003c\/li\u003e\n\u003cli\u003e10 000 000 Milpengő 1946 P-129\u003c\/li\u003e\n\u003cli\u003e100 000 000 Milpengő 1946 P-130\u003c\/li\u003e\n\u003cli\u003e1 000 000 000 Milpengő 1946 P-131\u003c\/li\u003e\n\u003cli\u003e10 000 B.-Pengő 1946 P-132\u003c\/li\u003e\n\u003cli\u003e100 000 B.-Pengő 1946 P-133\u003c\/li\u003e\n\u003cli\u003e1 000 000 B.-Pengő 1946 P-134\u003c\/li\u003e\n\u003cli\u003e10 000 000 B.-Pengő 1946 P-135\u003c\/li\u003e\n\u003cli\u003e100 000 000 B.-Pengő 1946 P-136\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"1159\" data-end=\"1307\"\u003e\u003cstrong\u003eIssuing authority: \u003c\/strong\u003eHungarian National Bank (Magyar Nemzeti Bank)\u003cstrong\u003e\u003cbr\u003eCurrency\u003c\/strong\u003e\u003cspan\u003e: Pengő (1927-1946)\u003cbr\u003e\u003cstrong\u003eSize: \u003c\/strong\u003e158×78mm - 178×80mm \u003cbr\u003e\u003cstrong\u003eYears\u003c\/strong\u003e: 1946\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-end=\"1754\" data-start=\"1751\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\n\u003ch3 style=\"text-align: left;\" align=\"center\"\u003e\n\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003eWhat is a Mil- and B.-Pengő?\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan size=\"5\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003cspan size=\"4\" face=\"Arial\"\u003e\u003cb\u003e\u003c\/b\u003e\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cdiv align=\"center\"\u003e\n\u003cp style=\"text-align: left;\" align=\"center\"\u003e\u003cspan\u003eThe denomination B.-Pengő meant one billion pengoes, (9 zeroes), Milpengő meant one million pengoes (6 zeroes). As it was difficult for the Hungarian population at the time \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eto comprehend such colossal numbers, the National Bank had decided to place only the letter prefixes 'B' and 'Mil'\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003cspan\u003e \u003c\/span\u003ein front of 'Pengő', to make it easier to understand.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: left;\" align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eSince these hyper-inflationary banknotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewere printed in ever greater variety in the cold and hungry months of 1945-1946, \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ethe population would usually only identify them by their colour,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ecalling them 'the red', 'the pink', 'the purple', etc.    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: left;\" align=\"center\"\u003e\u003cspan face=\"Arial\" size=\"4\"\u003eThese banknotes had been in circulation only for a few weeks during the summer of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e1946 after World War 2, and are very difficult to find in good, or uncirculated condition. \u003c\/span\u003e\u003cspan\u003eThey are also difficult to find unfolded, as these are larger than the \u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003epreviously used, non inflationary pengő banknotes. They did not fit into most\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003ewallets, thus were immediately folded upon receipt. Print runs were limited, since n\u003cspan\u003eew and larger denominations had to be created one after the other, and these higher and higher denominations added a significant liability to the balance sheet of the Hungarian National Bank.\u003c\/span\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003cspan face=\"Arial\" size=\"4\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003chr data-start=\"1751\" data-end=\"1754\"\u003e\n\u003ch3 data-start=\"1756\" data-end=\"1786\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e📦\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"1763\" data-end=\"1785\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eProduct\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eHighlights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"1790\" data-end=\"1837\"\u003e\u003cstrong data-start=\"1790\" data-end=\"1824\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e19 \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003egenuine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistorical\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebanknotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efrom Hungary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1840\" data-end=\"1875\"\u003e\u003cstrong data-start=\"1840\" data-end=\"1857\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eAll\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eauthentic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eno\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ereproductions\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"1878\" data-end=\"1948\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecomes\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"1894\" data-end=\"1913\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esafely\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003epackaged\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ein\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ea\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eprotective\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003esleeve\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"2066\" data-end=\"2205\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ePerfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor:\u003c\/span\u003e\u003cbr data-start=\"2078\" data-end=\"2081\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNew\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecollectors\u003c\/span\u003e\u003cbr data-start=\"2099\" data-end=\"2102\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eGifts\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ebuffs\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003estudents\u003c\/span\u003e\u003cbr data-start=\"2141\" data-end=\"2144\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e➤\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eTeaching\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eeconomic\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehistory,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003einflation,\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ecurrency\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edesign\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003chr data-start=\"2207\" data-end=\"2210\"\u003e\n\u003ch3 data-start=\"2212\" data-end=\"2235\"\u003e\n\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e🛡\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong data-start=\"2219\" data-end=\"2232\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eCondition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e:\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cp data-start=\"2236\" data-end=\"2387\"\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eNotes are in Fine to Extremely Fine\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003econdition,\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003e \u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eperfect\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003efor\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003ehandling\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003eand\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"_fadeIn_m1hgl_8\"\u003edisplay. \u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003eSHIPPING\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWorldwide shipping\u003cbr\u003e\u003c\/strong\u003eNotes come\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003esafely packaged\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein a protective sleeve fixed between hard paper.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eCONTACT US\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cem\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55116479889742,"sku":null,"price":329.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/completebundle.png?v=1762961145"},{"product_id":"zimbabwe-100-trillion-dollars-0208-p-91-pmg-65-epq-gem-uncirculated","title":"Zimbabwe 100 Trillion Dollars 2008 P-91 PMG 65 EPQ GEM Uncirculated","description":"\u003cp\u003e\u003cspan\u003eOwn one of the most famous banknotes in the world: the 2008 Zimbabwe 100 Trillion Dollars banknote (Pick P-91). This extraordinary note is graded PMG 65 EPQ GEM Uncirculated, making it a premium collectible example of one of the largest denomination banknotes ever issued.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ePrinted during the historic period of Hyperinflation in Zimbabwe, this banknote symbolizes one of the most dramatic monetary crises in modern history. At the peak of the crisis in 2008, inflation rates reached unimaginable levels and the government printed banknotes with increasingly higher denominations to keep up with rapidly rising prices.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 100 trillion dollar note became the highest denomination ever issued in Zimbabwe and one of the most iconic banknotes among collectors worldwide.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eToday it is a fascinating numismatic artifact from the global financial history of the 21st century.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eDesign Highlights\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cspan\u003eObverse: \u003c\/span\u003e\u003cspan\u003eThe famous Chiremba balancing rock formation near Harare, a national symbol featured on many Zimbabwe banknotes.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003eReverse: \u003c\/span\u003e\u003cspan\u003eIllustration of Victoria Falls, \u003c\/span\u003e\u003cspan\u003eAfrican wildlife including an African buffalo.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThese designs celebrate the natural heritage and iconic landscapes of Zimbabwe.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eAbout the Zimbabwe Hyperinflation Notes\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eBetween 2007 and 2009, Zimbabwe experienced one of the worst hyperinflation episodes ever recorded. Prices rose so rapidly that new banknotes with massive denominations - millions, billions, and eventually trillions - had to be issued.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDespite their lack of purchasing power at the time, these notes are now highly collectible worldwide because they represent a unique moment in economic history.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eWhy Collect This Banknote?\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eOne of the largest denomination banknotes ever printed\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIconic symbol of global hyperinflation history\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProfessionally graded PMG 65 EPQ GEM UNC\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePopular with world banknote collectors and investors\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUnique conversation piece and educational collectible\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e📦 Packaging: Securely shipped in the original PMG protective holder.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e📜 Authenticity: Certified by Paper Money Guaranty (PMG).\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eA legendary banknote and a must-have for collectors of world paper money, inflationary currency, and rare African banknotes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3 data-start=\"1831\" data-end=\"1870\"\u003e\n\u003cstrong data-start=\"1834\" data-end=\"1870\"\u003eReturns \u0026amp; Guarantee\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-end=\"1870\" data-start=\"1834\"\u003eDisclaimer\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp\u003eAll sales, returns, and guarantees for this item are governed strictly by our Terms of Service. Please review the full policy \u003ca href=\"https:\/\/extremebanknotes.com\/policies\/terms-of-service\" rel=\"noopener\" target=\"_blank\"\u003ehere\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003ebefore purchasing. By purchasing, you acknowledge and agree to these terms.\u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3 data-end=\"1639\" data-start=\"1321\"\u003e\u003cstrong data-end=\"1672\" data-start=\"1643\"\u003eSerial Number Disclaimer\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-end=\"1639\" data-start=\"1321\"\u003eActual serial numbers on banknotes vary from piece to piece. The serial shown in product photos may not match the banknote you receive, but all items are guaranteed authentic and graded as described.\u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3\u003e\u003cstrong\u003eContact us\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":55454150525262,"sku":null,"price":135.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/Zimbabwe_100_Trillion_Dollars_0208_P-91_PMG_65_EPQ.png?v=1773142996"},{"product_id":"hungarian-hyperinflation-adopengo-f-vf-bundle","title":"Hungarian Hyperinflation Adópengő F-VF Bundle","description":"\u003cp\u003e\u003cspan\u003eOwn a remarkable piece of economic history with this Hungarian Adópengő 1946 banknote bundle, featuring four authentic notes from one of the worst hyperinflation events ever recorded.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIssued by the Hungarian Ministry of Finance during the chaotic aftermath of World War II, these notes represent a time when currency rapidly lost value and denominations increased at an extraordinary pace.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis set is perfect for collectors, educators, and history enthusiasts looking to hold a tangible example of real-world hyperinflation.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e💵 Banknotes Included in This Bundle:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e10,000 Adópengő (1946) P-143\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e50,000 Adópengő (1946) P-138\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e100,000 Adópengő (1946) P-144\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e500,000 Adópengő (1946) P-139\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e📌 All notes are genuine historical issues from 1946 and part of the Adópengő monetary system used during hyperinflation.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e🎉 Historical Significance - Why These Notes Matter\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eIn 1946, Hungary experienced the most extreme hyperinflation in recorded history, forcing the government to issue rapidly increasing denominations like those in this set.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Adópengő (“tax pengő”) was introduced as a temporary accounting currency during the crisis\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePrices rose so fast that new notes were constantly printed in higher values\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe entire system collapsed and was replaced by the forint in August 1946, ending the inflation crisis\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThis bundle captures that dramatic moment in history, making it both educational and highly collectible.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e✨ Item Details:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eCountry: Hungary\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eYear: 1946\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCurrency: Adópengő (hyperinflation issue)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMaterial: Paper\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIssuer: Hungarian Ministry of Finance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStatus: Demonetized (July 31, 1946)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e🎨 Design Features:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eOrnate borders and classic mid-20th century typography\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMonochrome and muted tones typical of emergency currency printing\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAuthentic wartime-era paper and printing style\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIncreasing denominations showing the rapid inflation progression\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e🌍 Why Collect This Bundle?\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eReal artifacts from the worst hyperinflation in history\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExcellent educational tool for economics, history, or finance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePerfect starter set for Hungarian or inflation-era banknote collections\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAffordable entry into historical world paper money collecting\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eVisually tells the story of currency collapse and recovery\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e📌 Condition Note:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThese notes are in Fine to Very Fine (F–VF) condition, meaning they show circulation wear such as folds, creases, and possible discoloration, but remain fully intact and collectible.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e📦 Packaging \u0026amp; Shipping:\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eEach banknote will be carefully packaged in protective sleeves to preserve condition during shipping.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3 data-end=\"1870\" data-start=\"1831\"\u003e\n\u003cstrong data-end=\"1870\" data-start=\"1834\"\u003eReturns \u0026amp; Guarantee\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-start=\"1834\" data-end=\"1870\"\u003eDisclaimer\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp\u003eAll sales, returns, and guarantees for this item are governed strictly by our Terms of Service. Please review the full policy \u003ca rel=\"noopener\" href=\"https:\/\/extremebanknotes.com\/policies\/terms-of-service\" target=\"_blank\"\u003ehere\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003ebefore purchasing. By purchasing, you acknowledge and agree to these terms.\u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3 data-start=\"1321\" data-end=\"1639\"\u003e\u003cstrong data-start=\"1643\" data-end=\"1672\"\u003eSerial Number Disclaimer\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-start=\"1321\" data-end=\"1639\"\u003eActual serial numbers on banknotes vary from piece to piece. The serial shown in product photos may not match the banknote you receive, but all items are guaranteed authentic and graded as described.\u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3\u003e\u003cstrong\u003eContact us\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":59383673946446,"sku":null,"price":17.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/Hungarian_Hyperinflation_Ad_peng_F-VF_Bundle.png?v=1775720273"},{"product_id":"hungarian-hyperinflation-wall-art","title":"Hungarian Hyperinflation Wall Art","description":"\u003ch3\u003e\u003cspan\u003eWhat happens when money stops meaning anything?\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis framed Hungarian hyperinflation wall art captures one of the most shocking financial collapses in history, when prices doubled in hours, savings vanished, and entire fortunes became worthless paper.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eSet against a stylized illustration of the Hungarian Parliament, this piece blends powerful visual design with a real economic story that still resonates today.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e📜 The Story Inside the Frame\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eBetween 1945 and 1946, Hungary experienced the worst hyperinflation ever recorded. To keep up with runaway prices, the government introduced new denominations with increasingly unimaginable values:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e10,000 Pengő – a standard high-value note… at first\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e10,000 Milpengő – “milpengő” means one million pengő, making this note equal to 10 billion pengő\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e10,000 B-Pengő – “B” stands for “billion” (in European terms = million millions), making this note worth 10 quadrillion pengő\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eEach note represents a desperate step in a collapsing system, where numbers kept growing, but value kept disappearing.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e🖼️ Frame \u0026amp; Size Details\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cspan\u003eOverall frame size: 32 cm × 42 cm (≈ 12½\" × 16½\")\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eVisible display area: 30 cm × 40 cm\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFrame depth: 3 cm (≈ 1¼\")\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eReady to hang – perfect for walls, shelves, or desks\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDesigned to fit standard interior spaces while making a subtle but powerful statement.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e⚡ Why This Piece Is So Powerful\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis isn’t just currency, it’s a visual timeline of economic breakdown.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIt reflects:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eThe fragility of money and trust\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe human reality behind inflation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA moment when society had to adapt overnight\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eIt’s a daily reminder that money is only as strong as the system behind it.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e🖼️ Design \u0026amp; Display\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eThree authentic-era Hungarian banknotes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eBackground: detailed Hungarian Parliament illustration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eClean, balanced layout with historical context\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProfessionally framed and ready to hang\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e💎 Condition\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eAll banknotes are in VF–XF (Very Fine to Extremely Fine) condition, showing light circulation while preserving strong detail, color, and historical character.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e🎯 Perfect For\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eEconomists \u0026amp; students\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eHistory enthusiasts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUnique office or study decor\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMeaningful, conversation-starting gifts\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e🎁 A Gift That Stands Out\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eThis isn’t just wall art, it’s a story, a warning, and a piece of history.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eSomething people don’t just look at… but think about.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e📦 Carefully packaged to protect frame and contents\u003c\/span\u003e\u003c\/h3\u003e\n\u003ch3\u003e\u003cspan\u003e🖼️ Ready to hang out of the box\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3 data-end=\"1870\" data-start=\"1831\"\u003e\n\u003cstrong data-end=\"1870\" data-start=\"1834\"\u003eReturns \u0026amp; Guarantee\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-start=\"1834\" data-end=\"1870\"\u003eDisclaimer\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp\u003eAll sales, returns, and guarantees for this item are governed strictly by our Terms of Service. Please review the full policy \u003ca rel=\"noopener\" href=\"https:\/\/extremebanknotes.com\/policies\/terms-of-service\" target=\"_blank\"\u003ehere\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003ebefore purchasing. By purchasing, you acknowledge and agree to these terms.\u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3 data-start=\"1321\" data-end=\"1639\"\u003e\u003cstrong data-start=\"1643\" data-end=\"1672\"\u003eSerial Number Disclaimer\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-start=\"1321\" data-end=\"1639\"\u003eActual serial numbers on banknotes vary from piece to piece. The serial shown in product photos may not match the banknote you receive, but all items are guaranteed authentic and graded as described.\u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3\u003e\u003cstrong\u003eContact us\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":59396276289870,"sku":null,"price":58.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/Hungarian_Hyperinflation_Wallart_shopify_1.png?v=1775814655"},{"product_id":"weimar-hyperinflation-currency-germany-bavaria-100-billion-mark-1923-xf","title":"Weimar Hyperinflation Currency | Germany, Bavaria 100 Billion Mark 1923 XF","description":"\u003cp\u003e\u003cspan\u003eA banknote born from one of history’s most dramatic economic collapses.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis authentic 1923 Bavaria 100 Billion Mark banknote is a powerful survivor from Germany’s infamous hyperinflation era, a time when fortunes vanished overnight and ordinary people carried unimaginable sums simply to buy bread. Holding this note is like holding a frozen moment from the chaos and resilience of the Weimar Republic.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIssued by the Bavarian State Bank during the peak of the 1923 inflation crisis, this extraordinary piece captures the emotional weight of a nation struggling through uncertainty, hardship, and change. The bold Gothic lettering and immense denomination make it one of the most unforgettable pieces of world paper money ever created.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eMore than a collectible, this note is a conversation piece, a historical artifact, and a reminder of how fragile economies - and everyday life - can be.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAn exceptional addition for collectors of German banknotes, hyperinflation currency, world history memorabilia, and rare numismatic treasures.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eFeatures \/ Details\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eCountry: Germany (Bavaria)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIssuing Entity: Bavarian State Bank (Bayerische Staatsbank)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDenomination: 100 Billion Mark (100,000,000,000 Marks)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCondition: XF (Extremely Fine)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCurrency: German Mark\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMaterial: Paper\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSize: 125 × 80 mm\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eType: Local banknote \/ Hyperinflation issue\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePeriod: Weimar Republic (1918–1933)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eObverse: Ornate denomination design with Gothic script\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003eReverse: Large “100 Milliarden Mark” design\u003c\/span\u003e\u003cbr\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3 data-end=\"1870\" data-start=\"1831\"\u003e\n\u003cstrong data-end=\"1870\" data-start=\"1834\"\u003eReturns \u0026amp; Guarantee\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-start=\"1834\" data-end=\"1870\"\u003eDisclaimer\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp\u003eAll sales, returns, and guarantees for this item are governed strictly by our Terms of Service. Please review the full policy \u003ca rel=\"noopener\" href=\"https:\/\/extremebanknotes.com\/policies\/terms-of-service\" target=\"_blank\"\u003ehere\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003ebefore purchasing. By purchasing, you acknowledge and agree to these terms.\u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3 data-start=\"1321\" data-end=\"1639\"\u003e\u003cstrong data-start=\"1643\" data-end=\"1672\"\u003eSerial Number Disclaimer\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-start=\"1321\" data-end=\"1639\"\u003eActual serial numbers on banknotes vary from piece to piece. The serial shown in product photos may not match the banknote you receive, but all items are guaranteed authentic and graded as described.\u003c\/p\u003e\n\u003chr data-start=\"1715\" data-end=\"1718\"\u003e\n\u003ch3\u003e\u003cstrong\u003eContact us\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":59708549169486,"sku":null,"price":14.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/Bavaria100BillionMark1923.png?v=1779362540"},{"product_id":"zimbabwe-1-500-million-dollars-2015-inflationary-banknote-set","title":"Zimbabwe 1 - 500 million Dollars 2015 Inflationary Banknote Set","description":"\u003cp\u003e\u003cspan\u003eOwn a circulated set of the (in)famous Zimbabwe Hyper-inflationary Dollars.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis 6 piece banknote bundle spans all denominations issued between 1 and 500 million dolalrs, offering collectors a rare opportunity to secure this series in great and only lightly circulated condition.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ePerfect for world currency collectors, African numismatics specialists, or anyone looking for a historically meaningful and visually striking paper money set.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe condition of the banknote range from VF Very Fine to aUNC almost uncirculated.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e📦 What’s Included\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e1 million Dollars 2019 P-77 (2015)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e10 million Dollars 2019 P-78 (2015)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e50 million Dollars 2020 P-79 (2015)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e100 million Dollars 2020 P-80 (2015)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e200 million Dollars 2020 P-81 (2015)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e500 million Dollars 2020 P-82 (2015)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e⭐ Why Collect This Set\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eLightly circulated condition: crisp paper, vibrant ink\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCohesive design theme across all notes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMore desirable long-term than mixed or partial sets\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cspan\u003e🌍 About the Banknote Series\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan\u003eAll denominations feature the Chiremba Balancing Rocks on the front, Zimbabwe’s national symbol, while the reverses highlight wildlife, cultural imagery, and historic landmarks, including local bird, the Parliament building, the St. Mary's cathedral, grain silos etc.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ePrinted by Giesecke+Devrient (Germany), one of the world’s most respected security printers, the notes showcase modern production quality and advanced security features.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAn interesting feature of this series is that the 500 million dollars denomination was printed on pure cotton.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003e🎁 Ideal For\u003c\/span\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eWorld paper money collections\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAfrican or Zimbabwe-focused collections\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEducational or historical displays\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUnique, meaningful gifts for collectors\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3 data-start=\"1831\" data-end=\"1870\"\u003e\n\u003cstrong data-start=\"1834\" data-end=\"1870\"\u003eReturns \u0026amp; Guarantee\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong data-end=\"1870\" data-start=\"1834\"\u003eDisclaimer\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp\u003eAll sales, returns, and guarantees for this item are governed strictly by our Terms of Service. Please review the full policy \u003ca href=\"https:\/\/extremebanknotes.com\/policies\/terms-of-service\" rel=\"noopener\" target=\"_blank\"\u003ehere\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003ebefore purchasing. By purchasing, you acknowledge and agree to these terms.\u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3 data-end=\"1639\" data-start=\"1321\"\u003e\u003cstrong data-end=\"1672\" data-start=\"1643\"\u003eSerial Number Disclaimer\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-end=\"1639\" data-start=\"1321\"\u003eActual serial numbers on banknotes vary from piece to piece. The serial shown in product photos may not match the banknote you receive, but all items are guaranteed authentic and graded as described.\u003c\/p\u003e\n\u003chr data-end=\"1718\" data-start=\"1715\"\u003e\n\u003ch3\u003e\u003cstrong\u003eContact us\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFeel free to reach out to us if You're searching for a specific banknote to add to Your collection or if You have any questions about our products, services, or a previous order - we are here to assist You!\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":59752388395342,"sku":null,"price":14.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/zimbabwe_hyperinflation_set.jpg?v=1779874385"}],"url":"https:\/\/extremebanknotes.com\/collections\/hyperinflationary-banknotes.oembed","provider":"Extreme Banknotes","version":"1.0","type":"link"}