Hungary 1967-BP 500 forint

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Sincona sale 59, lot 2482
This specimen was lot 2482 in Sincona sale 59 (Zurich, October 2019), where it sold for 1,600 CHF (about US$727 including buyer's fees). The catalog description[1] noted,
"Ungarn, Volksrepublik 1949-1989. 500 Forint 1967. Zum 85. Geburtstag von Zoltan Kodaly. Selten. Nur 1'000 Exemplare geprägt. FDC. Randfehler. (people's republic of Hungary, 1949-89, five hundred forint of 1967, on the 85th birthday of Zoltan Kodaly. Only 1'000 pieces struck, Rare, Uncirculated, Edge flaw.)"
Hungary went thru many vicissitudes after the collapse of the Dual Monarchy in 1918. Hungary became independent but was shorn of its territories in Slovakia, Transylvania and Croatia. She fell under the dictatorship of Admiral Horthy and was a reluctant ally of Germany during World War Two, for which she was devastated by the Russian Red Army. This coin was issued during Communist rule (1949-89), along with a thousand forint (KM 581).

Recorded mintage: 1,000 proofs.

Specification: 42.05 g, .900 fine gold, this specimen 42.08 g.

Catalog reference: KM 580, Schl. 168. Fr-621.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • [1]Richter, Jurg, Sincona Auction 59: Gold and Silver Coins and Medals; Coins and Medals from Switzerland, Zurich: SINCONA AG, 2019.

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