Obverse. Photo © NumisCorner.com
  • 25 Forint 1956, KM# 554, Hungary, 10th Anniversary of the Forint, Hungarian Parliament
  • 25 Forint 1956, KM# 554, Hungary, 10th Anniversary of the Forint, Hungarian Parliament
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.

Engravers: István Iván And Ferenc Kohut

Obverse

Depicts the Hungarian Parliament Building surrounded by the country name (Hungarian People's Republic).

The Hungarian Parliament Building, also called the Parliament of Budapest due to its location, serves as the seat of the National Assembly of Hungary and stands as a prominent landmark and tourist attraction in Budapest. Designed by Hungarian architect Imre Steindl in the neo-Gothic style, it was completed in 1902 and remains the largest building in Hungary. The decision to construct the building was made by the Diet seven years after the unification of Buda, Óbuda, and Pest in 1873, signifying the nation's sovereignty. Steindl's design, chosen through an international competition, was influenced by the Palace of Westminster in London, reflecting Hungary's aspiration for Western European ideals. Construction began in 1885 and concluded in 1904, involving approximately 100,000 workers and utilizing vast quantities of materials. Since World War II, the building has housed a unicameral legislature, with only a portion of it being utilized by the government.

Designed by: Iván István

MAGYAR
NÉPKÖZTÁRSASÁG

Reverse

Depicts cogwheels with laurel branches, the People's Republic coat of arms above divides value, the dates and the mintmark (BP.) below.

Following the military forces of Nazi Germany in Hungary being defeated by the Red Army, Soviet military occupation ensued, eventually leading to the creation of a communist government in Hungary. Between 1946 and 1949 the Kossuth-style coat of arms was used, then the Hungarian People's Republic introduced a new state coat of arms in line with socialist heraldry, with a layout closely resembling that of the Soviet Union's: wreath surrounds wheat ear and hammer on radiant background below star.

25 Ft
1946-1956
BP.

Edge

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

M . Á . P . V.

25 Forint

People's Republic
KM# 554 Unger# 1574 Huszar# 2344 Adamo# EM6
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.800
Weight 20 g
Diameter 34 mm
Thickness 2.5 mm
Shape round
Alignment Medal
Mint
Budapest Mint (BP)

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