{"product_id":"hungary-10-million-adopengo-1946-p-141-f-banknote-world-record-hyperinflation-tax-note-paper-money","title":"Hungary 10 Million Adópengő 1946 P-141 F – Hyperinflation Tax Note","description":"\u003cp\u003e🇺🇸 \u003cstrong\u003eAttention US Customers:\u003c\/strong\u003e We offer a seamless shopping experience! All orders shipped to the United States are sent \u003cstrong\u003eDDP (Delivered Duty Paid)\u003c\/strong\u003e. This means all customs duties and import taxes are paid upfront by us—you will not face any hidden fees, delays, or unexpected charges upon delivery.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\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\u003e\u003cspan\u003eHold a piece of the worst hyperinflation in recorded history with this authentic Hungarian 10 Million Adópengő tax note from 1946. Created to give Hungary a stable unit of value, it soon circulated as everyday money and was itself swept away by the collapse of the pengő.\u003c\/span\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e⚡ \u003cstrong\u003eExtreme Index: 9.1 \/ 10\u003c\/strong\u003e\u003cbr\u003e\u003cem\u003eWhy it’s extreme:\u003c\/em\u003e A “tax pengő” note from the worst hyperinflation ever recorded, when prices doubled roughly every 15 hours.\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eHistory \u0026amp; drama (30%):\u003c\/strong\u003e 10\/10\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eScarcity (25%):\u003c\/strong\u003e 6.2\/10 (Numista rarity index 53\/100)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eWow factor (20%):\u003c\/strong\u003e 8\/10\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAge (15%):\u003c\/strong\u003e 7\/10\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCondition (10%):\u003c\/strong\u003e 4.5\/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\u003cspan\u003e📦\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIncluded Banknote(s):\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\u003col\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cspan\u003e1946 Hungary Adójegy – 10,000,000 Adópengő, dated 25 May 1946 (P-141)\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ol\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cspan\u003e📖\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eHistory and Significance:\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eIn 1946 Hungary suffered the most extreme hyperinflation ever recorded: by July prices were doubling roughly every 15 hours. To keep tax revenue from evaporating, the government introduced the adópengő (“tax pengő”), a unit whose value against the ordinary pengő was reset every day. These “Adójegy” tax notes, dated 25 May 1946 and signed by Finance Minister Ferenc Gordon, were officially valid only for paying public taxes until 31 July 1946 — but they quickly circulated as ordinary money and were caught in the same inflationary spiral. On 1 August 1946 the forint replaced the pengő, at a rate of 200 million adópengő to one forint.\u003c\/span\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cspan\u003e🎨\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eDesign Details:\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eThe obverse is a richly ornamented blue and yellow design with Hungarian folk-art corners, the heading “ADÓJEGY – TIZMILLIÓ ADÓPENGŐRŐL” (Tax note for ten million tax pengő), the restriction to public tax payments until 31 July 1946, and the Finance Minister’s signature. The reverse carries a dense blue guilloche pattern with the legal text explaining that the note loses its validity after the deadline. Designed by Endre Horváth.\u003c\/span\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cspan\u003e🔍\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eNumismatic Features:\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eSize:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003e136 x 82 mm\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eMaterial:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003ePaper\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eType:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003eTax Note (Adójegy) that circulated as currency\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eCurrency:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003eAdópengő (1946)\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eCountry:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003eHungary\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eIssuing Authority:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003eHungarian Ministry of Finance\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDate:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003e25 May 1946, valid until 31 July 1946\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDesigner:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003eEndre Horváth\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cspan\u003e✅\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCondition Guide:\u003c\/span\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003cspan\u003eF (Fine) \/ Well Circulated.\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e\u003cspan\u003e \u003c\/span\u003eA Fine note has seen considerable circulation: expect multiple folds and creases, softened paper, rounded corners, light soiling or age toning, and possible small edge nicks, while the design remains complete and fully legible. Because we hold multiple quantities in inventory, the exact serial numbers and specific wear patterns will vary. This condition guide represents our overall quality standard rather than the specific flaws of the photographed note.\u003c\/span\u003e\u003c\/p\u003e","brand":"Extreme Banknotes","offers":[{"title":"Default Title","offer_id":61061022220622,"sku":null,"price":6700.0,"currency_code":"HUF","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0805\/8647\/3806\/files\/Hungary_10_Million_Adopengo_1946_P-141_F_front_back.jpg?v=1791134335","url":"https:\/\/extremebanknotes.com\/products\/hungary-10-million-adopengo-1946-p-141-f-banknote-world-record-hyperinflation-tax-note-paper-money","provider":"Extreme Banknotes","version":"1.0","type":"link"}