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1948 Hungary 50 Filler

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snowman's Avatar
United States
1840 Posts
 Posted 04/14/2008  7:10 pm Show Profile   Bookmark this topic Add snowman to your friends list Get a Link to this Message Number of Subscribers
I'm still logging and filing a world coin lot that I bought last week and came across this:

1948-Hungary-50-Filler

1948-Hungary-50-Filler

I was unimpressed until I looked up it's KM number and saw it was valued at $50 in fine condition(yeah I know this coin is in good condition at best). Krause says there was 15,000,000 minted. Does anybody know what makes this coin so valuable?
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Mr Finger's Avatar
United States
405 Posts
 Posted 04/14/2008  7:49 pm  Show Profile   Bookmark this reply Add Mr Finger to your friends list Get a Link to this Reply
You know,That is a very good question....I have seen many many coins with high mintages,that are quoted as more than twice as valuable as the same type of coin with a lower mintage....Make no sense to me unless maybe the higher minted coin was melted down or recalled for some reason!!
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Sap's Avatar
Australia
16809 Posts
 Posted 04/15/2008  05:02 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Shortly after these coins were issued, the Communists took over and formally changed the government from a Republic (Koztarsasag) to a People's Republic (Nepkoztarsasag). I suspect most of the Republic 50 fillers were still sitting in the vaults awaiting distribution when the government changed and the new government withdrew the old coinage.

I suspect, but I don't know.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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snowman's Avatar
United States
1840 Posts
 Posted 04/15/2008  7:10 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
I had always assumed that since the Russians marched through Hungary on their way to Berlin that Hungary was a communist nation post WWII. Thanks for the info Sap.
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