Extreme Banknotes
Magyarország 10 000 000 000 000 000 pengó 1946 P-132 hiperinflációs bankjegy
Magyarország 10 000 000 000 000 000 pengó 1946 P-132 hiperinflációs bankjegy
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Hungary 10,000,000,000,000,000 pengo (10 Trillion) 1946 P-132 hyperinflation banknote
Condition
We follow the grading standard of the Standard Catalogue of United States Paper Money grading standard:
Guaranteed no tear or missing material!
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 condition. They are also difficult to find in unfolded condition, as these were larger than the previous, non inflationary pengo banknotes, and since they did not fit in to most Hungarian wallets, they were immediately folded upon receipt.
The Story behind this banknote's denomination
The banknote's denomination is rather confusing. It is '10,000 b-pengo', which means it is 10,000 x 1 (b) billion pengo, which equals to 10 trillion. 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.
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!