1941 Hungary Territories 20 Pengo Banknote - Magyar Nemzeti Bank - World War 2 Hungarian Note - 1941 Hungarian Twenty Pengo Note - P#109

This listing is for the photographed 1941 Hungarian Reclaimed Territories 20 Pengo Banknote. Issued during World War 2 by the Magyar Nemzeti Bank on January 15th, 1941. The obverse of this note depicts a portrait of a woman in traditional national costume on the right end and a shepard and sheep displayed in the center. The reverse of this note shows an old man and young woman in profile at the center. Almost Uncirculated (AU) grade/condition, little to no folds and signs of circulation, crisp note! Excellent piece of history, great addition to any collection! P#109 (Pick Number 109).

During World War II, Hungary fought alongside the Axis powers, relying on many axis powers for economic stability after the great depression. When Hungary began peace negotiations with both the United States and the United Kingdom in 1943, Germany invaded and occupied the nation. By the end of the war German and Hungarian axis forces were defeated by the Allies.

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1941 Hungary Territories 20 Pengo Banknote - Magyar Nemzeti Bank - World War 2 Hungarian Note - 1941 Hungarian Twenty Pengo Note - P#109