Hungary 2 Pengo 1929 to 1939

Big, bold and beautiful are three perfect words to describe these silver issues from 'MAGYAR KIRALYSAG' - the Kingdom of Hungary.

The Madonna-with-Jesus design has been used on coins of Hungary ever since medieval times - first on tiny silver denars, later on medium sized copper denars, and finally on large silver pengo. It has truly stood the test of time!

Made of 64% pure silver and with a weight of 10 grams, each one of these coins contains 0.206 troy ounces of the precious metal. Using a site such as Kitco.com, we can find the base value from the silver content. The current market value of silver is $20.18 US dollars per troy ounce. Multiplying by the 0.206 tr oz in the coin, we get $4.15. This is the Base Value (BV).

The *better dates* will be listed further down on the page. Given just below are approximate catalog values. To convert these into actual buying and selling values, you must consult our Important Terminology page found at the top left.

COMMON DATES:
worn: (BV) + $1 US dollar approximate catalog value
average circulated: (BV) + $4
well preserved: (BV) + $7
fully uncirculated: (BV) + $12

BETTER DATES:
1931: $30 average circulated, $115 fully uncirculated
1935: $80 average circulated, $325 fully uncirculated
1932 and 1936: $25 fully uncirculated

Any coin that has suffered severe damage such as by jewelry mounting or deep scratches will only be worth the base silver value.
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Coin: 16236, Genre: Central Europe North South, Timeline: World
Created (yyyymm): 201311, Last review: 201511
Appearance: Normal round coin Metallic gray Letters: Latin
Years: sort: 1929, filter: 1929 to 1939
Image: hungary_2_pengo_1931.jpg
Tags: escutcheon fern baby encircled tiera madonna headed hat shiled garland ray reif circal girl hungaru rings crests liafy hungarian maddona leaves helmets twice leaf magyar crest tiarra insignia object chevrons headband radiate fez 2nd hooded halos tiara orb globe haloed boats septer cruciform ungaria children hungaria circling emanate flagship boy arm crown globes jesus reef encircles bonnet crossing leave circel sphere encircle shields hungari leaved leafs hungarie outriggers wreah child scepter ringed cherub circumference mary beams kiralysag encircling spheres coats sailingship helmet ring kiralysac angel crowning globus childs leafe radiating objects boys pengo girls vngarie sail maghyar leafy sceptrum hood wreath two circles loop circumscribed heads galley crowns circumscibed maltese ship sceptor headdress circuit chevron macyar hungary hungariae rays cutter bough oneheaded sailboat sceptre hung coat crosses leafed hvngar logo crowned septor vngaria radiates leavs clipper balls foliage arms circlet head circle masted wreathed ferns vedasszonya ungarie warship helmit creast angelic angels boat hvng wreth crossed maddonna well hvngariae sheild caps boughs loops rief steamboat ball cap maltise halo circular criss incircled ships ivy crested feet kid saling sails hungar vessel beam cross circled greenery earth helmeted wreaths outrigger cherubs wreathe wreat hemisphere bush shield escucheon emanating radiant sailing shild