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András Fáy (1786–1864) was a Hungarian politician, writer, and economic reformer known for his significant contributions to the development of Hungary's economy and society during the early 19th century. Born into a noble family, Fáy studied law and served in various governmental positions. However, he became renowned for his role as a pioneer of economic liberalism in Hungary.
Fáy advocated for modernization and reforms in agriculture, industry, and education. He emphasized the importance of economic freedom, entrepreneurship, and the development of infrastructure to boost Hungary's prosperity. Fáy's ideas influenced the formation of economic policies and played a crucial role in shaping Hungary's economic landscape during his time.
Beside his political activities, Fáy was a prolific writer and journalist. He used his writings to promote liberal ideas, advocate for social and economic reforms, and raise awareness about pressing issues facing Hungarian society. Fáy's works contributed to the intellectual discourse of his era and inspired generations of reformers and thinkers.
Obverse
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Depicts a half-length portrait of András Fáy. Positioned to the left of him is András Fáy's signature within a semicircular inscription. In the upper right corner, the years of his birth and death, "1786" and "1864," are arranged in two horizontal rows. Additionally, the engraver's privy mark is visible to the left of the portrait. Fáy András |
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Reverse
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Depicts the emblem of the Savings Bank Association of Pest, established by András Fáy. Beneath it, the denomination and the word "FORINT" are displayed in two horizontal rows. Around the edge, the upper circular inscription reads "HUNGARY," while on the left side, the mint mark "BP." and on the right side, the year of issue "2014" are positioned. At the bottom, the engraver's privy mark is depicted. MAGYARORSZÁG |
Edge |
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150th Anniversary of the Death of András Fáy