50,000 adopengo note, 1946, Hungary (Pick-138a)

Type with a watermark and a serial number. These were special notes - "tax vouchers for 100,000 tax pengő to be used until 31st of July, 1946, for payment of debts of communal taxes, utility fees and other services."

In 1945-1946 Hungary underwent one of the worst periods of inflation in history, resulting in the printing of very high denomination banknotes.

SKU bh983-w77449