Though prices are reasonable, you may still have to hunt for some time before a decent specimen pops up for purchase. Fortunately for collectors, interest and demand for Hungarian coins has traditionally been non-existent and this small demand has kept prices very reasonable. Even the 1938 issue with a mintage of only 50 examples commands a price of $950 in BU. To the contrary of the low mintages, examples in AU can be had for around $15 and BU examples for around $25. General Market NotesĪnyone not familiar with Hungarian coins would look at the mintages and believe that these are rare coins with astronomical prices. Yet, given their proximity between Germany and Russia, and the popularity of communism and fascism during these times makes for a fascinating story defining Hungary’s ability to maintain independence and survival during these tumultuous times. Régi pénzek, érmek, papírpénzek, értékpapírok, kitüntetések iránt érdekld gyjtk. Hungary’s role in WWII was as an ally to Germany. Régi pénz felvásárlás az ország egész területén Üzletünk numizmatikával, notafilával foglalkozik.

The second note of historical interest is the more obvious one as this is a WWII era coin. 'An Admiral without a navy in charge of a kingdom without a King” After these events Horthy was commonly referred to as: Instead, government officials elected Admiral Horthy as Regent. Additionally, after the formation of Hungary and the supression of a communist uprising, Hungary re-established the Hungarian Kingdom and elected not to recall Charles IV as King. The first interesting piece here is that after WWI the Austro-Hungarian Empire (Horthy served as an Admiral in the Austro-Hungarian fleet) was broken up and Hungary became a landlocked nation. On the obverse we have a portrait of Admiral Miklos Horthy, the Regent and leader of Hungary from 1920 to 1944. 640 Silver Diameter: 36mm Weight: 25g Edge: Smooth with imprints Mintage: 408,000 Obverse: Bust of Miklós Horthy left with legend. The Hungarian 5 Pengo is a beautiful example of 20th Century European silver coinage that anyone would be pleased to have in a type set.īesides being Hungary's last large silver circulating coin during the Regency Coinage era, what truly makes this coin attractive is the interesting history associated with the coin. 1939 Hungary 5 Pengo - Miklós Horthy (Birthday) Country: Hungary Regent: Nicolas Horthy (1920-1944) Type: Standard Circulation Coin Years: 1938-1939 Denomination: 5 Pengo Currency: Pengo (1927-1946) Composition. Unique Features: Smooth Ornamental Edge Introduction Silver Content: 0.640 silver, 0.5145 ounces

5 pengo 1938