Obverse. Photo © NumisCorner.com
  • 10 Forint 1956, KM# 552, Hungary, 10th Anniversary of the Forint, Hungarian National Museum
  • 10 Forint 1956, KM# 552, Hungary, 10th Anniversary of the Forint, Hungarian National Museum
Description

The currency of Hungary is the forint (symbol: Ft; code: HUF), derived from the city of Florence where gold coins known as fiorino d'oro were first minted in 1252. In Hungary, the florentinus, later referred to as the forint, served as a gold-based currency from 1325 under the reign of Charles Robert, setting a precedent followed by several other nations. The introduction of the forint on August 1, 1946, played a pivotal role in stabilizing the Hungarian economy post-World War II.

Engraver: István Iván

Obverse

Depicts the Hungarian National Museum surrounded by the country name (Hungarian People's Republic).

Established in 1802, the Hungarian National Museum (Magyar Nemzeti Múzeum) serves as the primary repository for Hungary's history, art, and archaeology, encompassing regions beyond its modern borders, such as Transylvania. Housed in a Neoclassical building in Budapest VIII, constructed by architect Mihály Pollack between 1837 and 1847, it stands distinct from the international art collection found in the Hungarian National Gallery. Originally rooted in Count Ferenc Széchényi's establishment of the National Széchényi Library in 1802, the museum expanded its scope with the donation of a mineral collection by Széchényi's wife, leading to its transformation into a comprehensive history and natural history institution. The Hungarian National Parliament's support in 1832–1834 facilitated its growth, including funding for a new building, and officially established the Hungarian National History Museum under its auspices. During the 1848 Hungarian Revolution, the museum played a pivotal role, with events unfolding on its steps contributing to its national significance. The split in 1949 separated the ethnographic and natural history components into the Hungarian Natural History Museum and Ethnographic Museum, paving the way for the establishment of the modern-day National Széchényi Library.

MAGYAR
NÉPKÖZTÁRSASÁG

Reverse

Depicts some leaves, the People's Republic coat of arms above the value, the dates and the mintmark (BP.) below.

The coat of arms of the Hungarian People's Republic consists of a centrally positioned Hungarian shield adorned with a five-pointed red star at the top, symbolizing socialism. Surrounding the shield are ears of wheat on either side, representing agriculture and the nation's bounty.

10
FORINT
1946 - 1956
BP.

Edge

Depicts an abbreviation of the Hungarian State Mint (Magyar Állami Pénzverő)

M. Á. P. V.

10 Forint

People's Republic
KM# 552 Unger# 1580 Huszar# 2346 Adamo# EM4
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.800
Weight 12.5 g
Diameter 30 mm
Thickness 2.1 mm
Shape round
Alignment Medal
Mint
Budapest Mint (BP)

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