The listing, Old bank note-1000 PENGO with red stamp has ended.
Old bank note: Hungary 1945- 1000 Pengo with red stamp.
The pengő - was the currency of Hungary between 1 January 1927, when it replaced the korona, and 31 July 1946, when it was replaced by the forint. The pengő was subdivided into 100 fillér. Although the introduction of the pengő was part of a post-World War I stabilisation program, the currency survived for only 20 years and experienced the most serious hyperinflation ever recorded.
The most common examples of stamps affixed to bank notes are those placed there to increase the notes value. A good case-in-point is Hungary, which experienced rapid inflation in 1945 necessitating the addition of value added stamps to keep the currency in circulation. Shown here is a 1000 pengo note with the added stamp. This stamp cost the owner of the note 750 pengo. All notes without stamps then became worthless