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HUNGARY 100,000,000,000,000 Pengo (100 Trillion) milpengo banknote 1946 VF

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Original price was: $26.18.Current price is: $15.70.

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Country : Hungary
Year : 1946
Certification : Uncertified
Country/Region of Manufacture : Hungary
Type : Banknotes
Grade : Ungraded
Modified Item : No
Circulated/Uncirculated : Circulated

HUNGARY 100,000,000,000,000 Pengo (100 Trillion) 100 million milpengo banknote 1946 VF P-130 Very Fine (VF): A banknote 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. S ometimes, Very Fine notes are the best available in certain rare issues, and they should accordingly be cherished just as much as uncirculated notes. See the section on rarity above. The Story behind the milpengo banknote: The banknote’s denomination is indeed quite confusing. It is ‘100,000,000 mil-pengo’, which means it is 100,000,000 x 1 (mil) million pengo, which equals to 100 Trillion. But, since the Hungarian population at the time was unable to comprehend such colossal numbers, it was only the letters ‘mil’ 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’, ‘the blue’, etc. SHIPPING: Tracking will be provided! The banknote will be sent securely in an archive quality sleeve, between 2 cardboard pieces to ensure that you receive it in the same condition as listed. Any questions, please feel free to ask!

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