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Extreme Banknotes

Hungary 100,000,000,000,000,000 pengo 1946 P-133 hyperinflation banknote

Hungary 100,000,000,000,000,000 pengo 1946 P-133 hyperinflation banknote

Regular price $45.99 USD
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Hungary 100,000,000,000,000,000 pengo 1946 P-133 hyperinflation banknote

The Story of the 'B'-Pengos: 

The banknote's denomination can be quite confusing. 
It is '100,000 b-pengo', which means it is 100,000 x 1 (b) billion pengo, 
which equals to 100 quadrillion. But, since the Hungarian population at the time was unable to comprehend such colossal numbers, it was only the letter 'b' that was placed in front of the pengo, to make it easier for them. 

Anyway, since these hyper-inflationary banknotes 
were printed in ever greater numbers and variety in the cold and hungry months of 1946,  the population was usually only able to identify them by their color. They were called, the red, the pink, the purple, the brown, etc.    

These banknotes had been in circulation only for a few weeks during the summer of 1946 after World War 2, and are very difficult to find in this almost uncirculated condition. They are also difficult to find in unfolded condition, as these were larger then the previous, non inflationary pengo banknotes, and since they did not fit in to most Hungarian wallets, they were immediately folded upon receipt. 
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CONDITION GUIDE

Gem Uncirculated

A note that is flawless, with the same freshness, crispness and bright color as when first printed. It
must be perfectly centered, with full margins, and free of any marks, blemishes or traces of handling.

About Uncirculated

A bright, crisp note that appears new but upon close examination shows a trace of very light use, such as  a corner fold or faint crease. 'About Uncirculated' is a borderline condition, applied to a note which may not be quite uncirculated, but yet is obviously better than an average Extra Fine note. Such notes command a price only slightly below a new note and are highly desirable.

Extra Fine

A note that shows some faint evidence of circulation, although it will still be bright and retain nearly full crispness. It may have two or three minor folds or creases but no tears or stains and no discolorations.

Very Fine 

A note that has been in circulation, but not actively or for long. It still retains some crispness and is still choice enough in its condition to be altogether desirable. It may show folds or creases, or some light smudges from the hands of a past generation. Sometimes, Very Fine notes are the best available in certain rare issues, and they should accordingly be cherished just as much as uncirculated notes. 

Fine

A fine note shows evidence of much more circulation, has lost its crispness and very fine detail, and creases are more pronounced, although the note is still not seriously soiled or stained.

SHIPPING

Tracking information will be provided!

Your banknote will be packaged between two sturdy pieces of cardboard to safeguard its condition during transit, guaranteeing it arrives to you exactly as described. Should you have any inquiries, please don't hesitate to reach out - we're here to assist you!