Hungary 2 Pengo 1940 Pick# 108 PMG 65 EPQ GEM UNC

$146.5 Buy It Now or Best Offer
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Seller Store blocgalleries
(2881) 99.7%,

Location: Fargo, North Dakota
Ships to: US,
Item: 196689260596

Return shipping will be paid by:Seller
All returns accepted:Returns Accepted
Item must be returned within:60 Days
Refund will be given as:Money back or replacement (buyer’s choice)
Circulated/Uncirculated:Circulated
Type:Banknotes
Year:1940
Certification Number:2290542-088
Country:Hungary
Grade:65
Grade Designation:EPQ/PPQ
Country/Region of Manufacture:Hungary
Certification:PMG

Hungary 2 Pengo 1940 | Pick# 108 | PMG 65 EPQ GEM Uncirculated Only 14 Examples Graded Higher This listing features a Hungary 2 Pengo banknote, cataloged as Pick# 108, and graded PMG 65 EPQ (Exceptional Paper Quality) GEM Uncirculated. Issued in 1940, just before Hungary’s involvement in World War II, this note is a rare find in such high-grade condition, with only 14 examples graded higher by PMG. Its historical significance and pristine condition make it a prized addition to any serious collection of European or WWII-era banknotes. Key Features: •Denomination: 2 Pengo•Year: 1940•Country: Hungary•Pick Number: 108•Condition: PMG 65 EPQ GEM Uncirculated – pristine condition with exceptional paper quality, sharp details, and vibrant colors. This note exhibits no signs of handling, making it highly desirable for collectors.•Rarity: Only 14 examples of this issue have been graded higher by PMG, underscoring its scarcity in such a well-preserved state. Collectibility and Appeal: This Hungary 2 Pengo (Pick# 108) from 1940 is a highly collectible piece from the period leading up to World War II. Graded PMG 65 EPQ GEM UNC, this note is in outstanding condition, reflecting superior paper quality and untouched design details. With only 14 examples graded higher, this note offers both historical value and investment potential. Why Collect This 2 Pengo Banknote? •Historical Significance: Issued in 1940, this banknote reflects Hungary’s economic environment during the early years of World War II. It represents a significant moment in Hungary’s history as the country entered the war, adding to its value as a collectible piece.•High-Grade Condition: Graded PMG 65 EPQ GEM Uncirculated, this note is in exceptional condition, making it one of the finest surviving examples. Its EPQ (Exceptional Paper Quality) designation highlights the note’s superior quality, further enhancing its appeal.•Rarity: With only 14 examples graded higher by PMG, this banknote is a rare find in such well-preserved condition. Its scarcity makes it highly sought after by collectors of Hungarian banknotes and WWII-era currency. Additional Details: •Perfect for Collectors: This note is ideal for collectors of WWII-era European currency, Hungarian banknotes, or those looking to add a high-grade, historically significant piece to their collection.•Immaculate Condition: Graded PMG 65 EPQ GEM UNC, this note remains in pristine condition with no signs of wear, making it a standout item for any serious collection. Don’t Miss Out! This Hungary 2 Pengo 1940 (Pick# 108) PMG 65 EPQ GEM Uncirculated is a rare opportunity to own a well-preserved and historically significant piece of Hungarian currency. With only 14 examples graded higher, this note is a must-have for collectors of World War II-era banknotes and European currency. Bid now to secure this rare and collectible banknote for your collection! Journey Into Hungarian Banknote Collecting and Investing: Pre-1941 The world of Hungarian banknote collecting and investing prior to 1941 offers a fascinating glimpse into the history, culture, and economic shifts that defined Hungary before the chaos of World War II. Spanning from the late 19th century through the early 20th century, this era was marked by Hungary’s transition from being part of the Austro-Hungarian Empire to becoming an independent nation, and later, the economic challenges of the interwar years. For collectors and investors, Hungarian banknotes from this period are highly valuable for their historical significance, artistic designs, and investment potential. Why Collect Pre-1941 Hungarian Banknotes? 1.Historical Significance: Banknotes from pre-1941 Hungary represent a critical period in Hungarian history, spanning the final years of the Austro-Hungarian Empire, the aftermath of World War I, and the interwar period of independence. Each note reflects Hungary’s shifting political and economic landscape, making them valuable historical artifacts.2.Rarity: Many banknotes from this period are becoming increasingly rare, especially in higher grades. Finding uncirculated or well-preserved banknotes from this era can be challenging, adding to their appeal for collectors and investors.3.Artistic and Cultural Value: Hungarian banknotes from the late 19th century through the early 20th century are known for their intricate designs and vibrant colors. Featuring portraits of monarchs, national symbols, and scenes of Hungary’s cultural heritage, these notes are highly prized for their beauty as well as their historical context.4.Investment Potential: As demand for historical banknotes continues to grow, pre-1941 Hungarian currency offers strong investment opportunities. Rarity, condition, and historical importance drive the value of these notes, making them attractive to collectors and investors alike. Key Themes in Pre-1941 Hungarian Banknotes 1.Austro-Hungarian Empire (Before 1918):Before the end of World War I, Hungary was part of the Austro-Hungarian Empire, and the currency issued during this time reflects the shared monarchy and centralized economic system. The Kronen (crown) was the primary currency in use.•Notable Banknotes: Banknotes featuring portraits of Emperor Franz Joseph I are highly collectible, especially those in high grades. Notes from this period often showcase detailed engravings and elaborate designs reflective of the Empire’s grandeur.•Examples: The 100 Kronen and 1000 Kronen banknotes, issued in the early 1900s, are particularly sought after by collectors.2.Post-WWI Transition (1918-1920):The end of World War I saw the dissolution of the Austro-Hungarian Empire, and Hungary became an independent state. However, the economic challenges of the post-war period led to significant inflation, and new banknotes were issued to reflect Hungary’s status as an independent nation.•Notable Banknotes: Early Hungarian Korona notes issued between 1919 and 1920, during the transition from the Austro-Hungarian Kronen, are particularly interesting for collectors as they represent the early stages of Hungary’s national identity.3.The Pengő Era (1927-1941):In 1927, Hungary introduced the Pengő to replace the Korona, signaling a new era of monetary stability after the economic turmoil of the early 1920s. However, as the 1930s progressed, Hungary’s economy struggled under the weight of the Great Depression, leading to rising inflation.•Notable Banknotes: Early Pengő banknotes, such as the 10 Pengő, 20 Pengő, and 100 Pengő notes, are highly collectible for their striking designs and historical significance. These notes often feature national symbols, important figures from Hungary’s history, and scenic landscapes.•Rarity: As economic conditions worsened toward the end of the 1930s, high-denomination Pengő notes became more common, but well-preserved, low-denomination notes from the early Pengő era are rarer and hold significant value. Notable Pre-1941 Hungarian Banknotes to Collect 1.Austro-Hungarian Kronen Notes:•Example: The 1000 Kronen note, featuring Franz Joseph I, is a prized collectible for both its artistic value and historical context. This note symbolizes the height of the Austro-Hungarian Empire’s power.2.Hungarian Korona Banknotes:•Example: The 10,000 Korona banknote, issued between 1919 and 1920, marks Hungary’s first steps as an independent nation after the collapse of the Empire. These notes are highly sought after due to their short circulation and the economic instability of the time.3.Early Pengő Banknotes:•Example: The 100 Pengő note from the late 1920s is particularly desirable for its detailed portraiture and design, representing a period of relative stability before the onset of the Great Depression. Investment Tips for Pre-1941 Hungarian Banknotes 1.Focus on Condition: As with all collectible banknotes, condition is a major factor in determining value. Look for banknotes in Uncirculated (UNC) or Choice Very Fine (CVF) condition, as these tend to command higher prices at auction. Notes graded by services like PMG or PCGS are especially desirable.2.Rarity: Banknotes from the late Austro-Hungarian period or early Pengő era are becoming increasingly rare, particularly in higher grades. High-denomination Pengő notes from the 1930s are more common, but lower-denomination notes in good condition are often more valuable due to their scarcity.3.Historical Significance: Notes from key historical moments, such as the collapse of the Austro-Hungarian Empire or Hungary’s introduction of the Pengő, are often more valuable due to their association with significant political and economic shifts.4.Diversify Your Collection: To build a well-rounded collection, consider acquiring a mix of Austro-Hungarian notes, early Hungarian Korona banknotes, and Pengő notes from the 1920s and 1930s. This approach adds depth to your collection and increases its potential investment value. Essential Keywords for Collectors and Investors: •Pre-1941 Hungarian banknotes•Austro-Hungarian Kronen notes•Hungarian Korona currency•Pengő banknotes•Hungary interwar period currency•PMG-graded Hungarian banknotes•World War I-era Hungarian notes•Rare Hungarian banknotes•Historical Hungarian currency investment Final Thoughts on Pre-1941 Hungarian Banknote Collecting Collecting and investing in pre-1941 Hungarian banknotes offers a captivating journey into Hungary’s rich history and artistic heritage. From the grandeur of the Austro-Hungarian Empire to the challenges of the interwar years, these banknotes serve as tangible links to the past. For collectors and investors, pre-1941 Hungarian currency presents significant opportunities due to its historical importance, rarity, and artistic value. Start your journey into Hungarian banknote collecting and investing today and uncover the treasures of this fascinating historical era!_______________________________________________________________________________________________WHAT MAKES BLOC GALLERIES SPECIALOur Team: At the heart of Bloc Galleries is a belief: no great endeavor is ever accomplished without extraordinary people. We’re not just employees doing a job. Like you, we are avid collectors bound by a deep-rooted passion for the world of collecting. Every artifact and every note has a story, and we are as invested in discovering and sharing these tales as you are. It’s not just about the hours we pour in but the energy, dedication, and sacrifices we willingly make. Our greatest rewards? The smiles, the thrill, the awe of our clients. Yes, we’re human, and we might falter at times, but our commitment to improve and to serve you better never wanes. Every day, we strive to be a part of your collecting journey, ensuring it’s as thrilling and fulfilling as you dreamed.Vast Acquisitions, Unbeatable Pricing: Every quarter, we purchase tens of thousands of banknotes, leveraging our extensive global network of relationships and resources to access inventory unavailable to the public. This volume allows us to offer quality banknotes below market prices.Authentic Discovery: Our streamlined team has limited weekly time to bundle auction lots based on potential appeal rather than cataloging and pricing individual issues. Our auctions frequently feature high-grade, unsearched currency lots brimming with hidden treasures that continually astonish our customers.Customer-Friendly Bidding: Every auction starts with a low opening bid and no reserve pricing. It’s a transparent, exciting way to nab the best deals.Simplified Shipping: Whether you purchase one item or 25, our flat shipping rate of $6.50 ensures your treasures reach you safely. And yes, that covers combined shipping for multiple wins!Value-Driven Approach: Our continuous, large-scale acquisitions mean deep savings for our clients.The Thrill of the Chase: We don’t pre-screen or overly catalog. Here, every bid holds the promise of discovery. Our long-time bidders can attest to unearthing true gems and securing exceptional value. Join us in this thrilling hunt. Whether you’re a seasoned collector or just starting, our weekly auctions are your gateway to unparalleled deals. Ready to start your collecting adventure?______________________________________________________________________________________________ OUR MONEY-BACK GUARANTEEAt Bloc Galleries, we specialize in offering the finest collectibles and treasures backed by our exceptional team of clients. Our unyielding commitment to your satisfaction and our expert staff stands ready to make your experience with Bloc Galleries outstanding. Purchasing online collectibles can be subjective, meaning photos sometimes need to meet our client’s expectations or interpretation. So many variables come into play with antique, vintage, and collectible items that we understand that anything not precisely as expected can be returned for any reason due to this unique nature. We process tens of thousands of items annually, and occasionally, mistakes happen with listing numbers, lots, photos, or other weird stuff. When that occurs, we always try to provide a substitute for a better grade or condition for the same or reduced price. We have successfully made those situations a win-win opportunity for both the customer and our gallery, so please don’t worry about an item that might not be as expected. We will make it right. If not wholly pleased, receive a full refund, including return shipping, at our expense. Please contact us (eBay, phone, or text) before posting feedback; this allows us to perform and make things right. SHIPPING & HANDLING We carefully package and ship out twice weekly; our offices are closed on weekends and holidays. We typically see short delivery times because we are in the central part of the United States. The buyer’s confirmed address must be shipping from Fargo, North Dakota, via FedEx, USPS, and UPS PO Boxes—extra shipping for Alaska, Hawaii, Puerto Rico, Guam, or other US territories. We are tracking orders over $200. Taxes are charged according to State laws. SHIPPING We offer a “Flat Rate” shipping rate of $6.50, including combined shipping on multiple orders. INTERNATIONAL PURCHASES We typically use eBay’s Global Shipping, and for about 90% of our international clients, the rate has been averaging around $14. If it’s significantly higher, we will generally contact you and let you know. Combined orders receive a quoted rate, and we do not provide free shipping on international orders. Check eligibility due to customs and regulations; international returns are not accepted. ALL UNPAID ORDERS AUTOMATICALLY CANCELED AFTER 5 DAYS Thank you for choosing Bloc Galleries, where your satisfaction is our mission. Feel free to reach out with any questions or concerns; we look forward to serving you! DID YOU SEE CATS LAST NIGHT? In the quiet corners of Bloc Galleries, where history whispers from each collectible, two enigmatic felines hold court. Gertrude, with her elegant white coat, and Pete, ‘The Man Cat’, in his tuxedo attire, materialize each evening as the sun dips below the horizon. No one knows where they hail from, maybe an alternative universe but their vigilant eyes never miss a detail. At precisely 3:33 AM, under the soft glow of the moon, an extraordinary event unfolds. For a fleeting 15 minutes, they speak. Yes, speak! With articulate English accents, they offer a running commentary on the day’s work, sparing no one from their sharp, albeit humorous, observations on our numismatic endeavors. « Another misaligned watermark? » Gertrude would quip, her tail flicking with amusement. Pete, ever the diplomat, might chime in, « Splendid effort on the cataloging, though, truly! » Their critiques, always laced with wit, leave us in chuckles and chagrins alike. But as the clock ticks towards 4:00 AM, their words fade into the ether, and the memory of their eloquence evaporates like mist. By 5:00 AM, they are but silent sentinels once again, and with the first light of dawn, they vanish, leaving behind just a hint of their presence in photos they’ve graced. Legend now has it that Gertrude and Pete are the guardians of good fortune at Bloc Galleries. They watch over the collections, ensuring each piece carries with it a sprinkle of their mystical charm. For those who happen upon their image nestled within the listings, take it as a sign: the cats approve, and so may luck favor your bids. They admire the pretty pictures and revel in the grand tales spun by the currencies of old, and in their peculiar way, they extend their good will to all our customers, whispering of fortunes yet to come. If you win this auction and send us a message about the felines will send a special gift from Pete. He always has a great eye

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