Stack's Bowers Galleries

Fall 2024 Maastricht Auction  –  2 - 3 October 2024

Stack's Bowers Galleries, Fall 2024 Maastricht Auction

World Paper Money

Part 1: We, 02.10.2024, from 4:00 PM CEST
Part 2: Th, 03.10.2024, from 6:00 PM CEST
The auction is closed.

Description

HUNGARY. Magyar Nemzeti Bank. 1 Milliard B.-Pengo, 3.6.1946. P-137. PMG Gem Uncirculated 65 EPQ.
Unissued. The highest denomination bank note ever issued, even more than the famous 100 Trillion Dollar notes from Zimbabwe, as the 1 B-Pengo represented 1 Trillion Pengo. 1 Milliard in English is 1 Billion. As a result, this note's denomination was 1 Sextillion Pengo (21 zeros). It would never be issued as inflation just occurred too quickly and it was deemed worthless by the time it was printed. Scarce and popular in Gem Uncirculated grades and a note perfect for a show and tell about hyperinflation.

Estimate: $1000.00 - $2000.00

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Bidding

Price realized 2'100 USD
Starting price 600 USD
The auction is closed.
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