2 Pengő - Miklós Horthy (Red Army Counterstamp) 1941-1943 front 2 Pengő - Miklós Horthy (Red Army Counterstamp) 1941-1943 back
2 Pengő - Miklós Horthy (Red Army Counterstamp) 1941-1943 photo
© harden13

2 Pengő - Miklós Horthy Red Army Counterstamp

 
Aluminium 2.8 g 28 mm
Description
Issuer
Hungary
Regent
Nicolas Horthy (1920-1944)
Type
Non-circulating coin
Years
1941-1943
Value
2 Pengos (2 Pengő)
Currency
Pengo (1927-1946)
Composition
Aluminium
Weight
2.8 g
Diameter
28 mm
Thickness
2.3 mm
Shape
Round
Technique
Milled, Counterstamped
Orientation
Medal alignment ↑↑
Demonetized
31 December 1945
Updated
2024-10-05
References
Numista
N#44368
Rarity index
64%

Reverse

Several thousands of 2 Pengő coins have been counterstamped with the sickle & hammer by the Soviet Russian Army, as they have occupying Hungary in 1944-1945

Script: Latin

Lettering:
2
PENGŐ

Engraver: Lajos Berán

Edge

Reeded

Comment

According to latest informations available, all the Red Army counterstamps on aluminium 2 and 5 Pengő coins are modern fakes. Rumours say that counterstamps on 1 Pengő coins were used for propagandic purposes, but they are very rarely original. Pictures are from the latest Hungarian catalogue. Pictures are from the latest Hungarian catalog (Ifj. Adamovszky István: Magyar érme katalógus 1848-2012).

The counerstamp was usually placed on reverse, here is unusually on obverse.

Interesting fact

The 2 Pengő - Miklós Horthy (Red Army Counterstamp) coin was issued during World War II, specifically between 1941 and 1943, when Hungary was under German occupation. The coin features a counterstamp of the Soviet Union's hammer and sickle symbol, which was added to the coin after the Red Army occupied Hungary in 1944. This counterstamp was applied to coins that were already in circulation, as a way for the Soviet Union to assert its control over the country's currency. This coin is a rare and interesting example of how currency can be used as a tool for political propaganda and control during times of conflict.