Hungary 1935-BP 2 pengo KM-511

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from the Stack's Bowers 2017 NYINC sale, lot 6758
Hungary SB117-6758r.jpg

This specimen was lot 6758 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $282. The catalog description[1] noted, "HUNGARY. 2 Pengo, 1935-BP. NGC MS-61. KEY DATE of type. Free of any major detracting marks. Soft silver luster throughout with light golden toning beginning in periphery. From the Mezo-Toth Kalman Collection." The coinage of interwar Hungary is neglected and few pay attention to this rarity of a type struck 1929-39. A commemorative two pengo was struck in 1935 (KM 513) honoring the tercentenary of Pazmany University, perhaps accounting for the low mintage of this date. The module matches that of a French ten francs of the thirties.

Recorded mintage: 50,000.

Specification: 10 g, .640 fine silver, 27 mm diameter.

Catalog reference: KM-511; Huszar-2243.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • [1]Ponterio, Richard, The January 2017 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Richard Stuart Collection, Santa Ana, CA: Stack's Bowers LLC, 2016.

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