Description
The establishment and charter of an independent central bank as well as the licence to issue banknotes were laid down in Act V promulgated on 26 April 1924. The Bank’s founding general meeting was held in the assembly hall of the Hungarian Academy of Sciences on 24 May 1924. The Bank began its operations as a limited company in its building at Szabadság tér on 24 June.The establishment and charter of an independent central bank as well as the licence to issue banknotes were laid down in Act V promulgated on 26 April 1924. The Bank’s founding general meeting was held in the assembly hall of the Hungarian Academy of Sciences on 24 May 1924. The Bank began its operations as a limited company in its building at Szabadság tér on 24 June.
Front: The upper part of the obverse of the coin bears a crest surrounded by a floral motif featuring on the frame of a share worth 100 gold crowns. Its compulsory elements of the coin are the inscription ‘MAGYARORSZÁG’, the value numeral 10000, the inscription ‘FORINT’, the mint mark ‘BP’ and the mint year ‘2014’.
Back: The reverse features a detail of the corner of the MNB’s building viewed from Bank utca. The inscription in the upper circular legend reads ‘MAGYAR NEMZETI BANK’, in the same logotype as that used for the share, as well as the year 1924 in the middle, surrounded by an ornamental frame. The initials of applied artist Gábor Kereszthury are positioned on the right, next to the edge, between the legend and the building.
