{"product_id":"hungary-1-milliard-milpengo-1946-p-131-1-000-000-000-000-000-pengo-banknote","title":"Hungary 1 Milliárd Milpengő 1946 P-131 (1,000,000,000,000,000 Pengos)","description":"\u003cp\u003e📸 \u003cstrong\u003ePlease Note:\u003c\/strong\u003e We have many of these banknotes in stock. The exact serial numbers and specific wear patterns will vary from the photographs, but the described condition and overall quality remain exactly the same.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eA genuine survivor of the worst hyperinflation in history: a Hungarian 1 Milliárd Milpengő note from 1946, worth an astonishing 1,000,000,000,000,000 (1 quadrillion) pengő.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e⚡ \u003cstrong\u003eExtreme Index: 8.7 \/ 10\u003c\/strong\u003e\u003cbr\u003e\u003cem\u003eWhy it’s extreme:\u003c\/em\u003e One quadrillion pengő — the top Milpengő note, worthless within weeks of issue.\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eHistory \u0026amp; drama (30%):\u003c\/strong\u003e 9.5\/10\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eScarcity (25%):\u003c\/strong\u003e 3.5\/10 (Numista rarity index 19\/100)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eWow factor (20%):\u003c\/strong\u003e 8.5\/10\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAge (15%):\u003c\/strong\u003e 5.5\/10\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCondition (10%):\u003c\/strong\u003e 6\/10\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003cem\u003eHyperinflation note — minimum index 8.0.\u003c\/em\u003e\u003c\/p\u003e\u003cp\u003e\u003cem\u003eThe Extreme Index is Extreme Banknotes’ own collector score based on history, scarcity, curiosity, age and condition — it is not a valuation or investment rating.\u003c\/em\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e📦 \u003cstrong\u003eIncluded Banknote(s):\u003c\/strong\u003e\u003c\/p\u003e\u003col\u003e\u003cli\u003e1946 Hungary 1 Milliárd Milpengő (P-131)\u003c\/li\u003e\u003c\/ol\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e📖 \u003cstrong\u003eHistory and Significance:\u003c\/strong\u003e\u003cbr\u003eAfter World War II, Hungary suffered the worst hyperinflation ever recorded: by July 1946 prices were doubling roughly every 15 hours. The National Bank issued ever larger denominations, and to make the colossal numbers manageable introduced new units — the Milpengő (1 million pengő) and the B.-Pengő (1 billion, i.e. 10¹² pengő). On 1 August 1946 the forint replaced the pengő at a rate of 400 octillion (4×10²⁹) pengő to 1 forint. Because notes changed so quickly, people often referred to them simply by their colour.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e🎨 \u003cstrong\u003eDesign Details:\u003c\/strong\u003e\u003cbr\u003eLike other notes of the final 1946 series, it carries a classical female portrait framed by ornate guilloche patterns, with the denomination written out in Hungarian. Please see the photographs for the colours and reverse design of this exact note.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e🔍 \u003cstrong\u003eNumismatic Features:\u003c\/strong\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eMaterial:\u003c\/strong\u003e Paper\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eType:\u003c\/strong\u003e Hyperinflation Banknote\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCurrency:\u003c\/strong\u003e Pengő (1927–1946)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCountry:\u003c\/strong\u003e Hungary\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssuing Authority:\u003c\/strong\u003e Magyar Nemzeti Bank (Hungarian National Bank)\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e✅ \u003cstrong\u003eCondition Guide:\u003c\/strong\u003e\u003cbr\u003eCondition exactly as shown in the photographs; please review the images for the precise appearance of this note.\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"F - Fine","offer_id":47889549754702,"sku":null,"price":500.0,"currency_code":"HUF","in_stock":true},{"title":"VF - Very Fine","offer_id":47889549787470,"sku":null,"price":1000.0,"currency_code":"HUF","in_stock":true},{"title":"XF - Extra Fine","offer_id":47889549820238,"sku":null,"price":1500.0,"currency_code":"HUF","in_stock":true},{"title":"aUNC - almost Uncirculated","offer_id":47889549853006,"sku":null,"price":4000.0,"currency_code":"HUF","in_stock":true},{"title":"UNC - GEM UNCIRCULATED","offer_id":47889549885774,"sku":null,"price":8300.0,"currency_code":"HUF","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/Hungary_1_Millia_rd_Milpengo_1946_P_131_1_000_000_000_000_000_Pengos_main.jpg?v=1790965677","url":"https:\/\/extremebanknotes.com\/products\/hungary-1-milliard-milpengo-1946-p-131-1-000-000-000-000-000-pengo-banknote","provider":"Extreme Banknotes","version":"1.0","type":"link"}