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Odd Hungarian Stamp (Circa 1945)

 
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Pillar Of The Community
Australia
2156 Posts
Posted 01/31/2012   7:55 pm  Show Profile Bookmark this topic Add jimjamtwo to your friends list Get a Link to this Message
Has anyone ever seen anything like this before or knows what it is?

It seems to be some kind of bank stamp (I think it says 'Hungarian People's Bank') converted into a 10 forint postage stamp.

This might be one for Wadmalatz!



Thanks for looking, everyone.
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Edited by jimjamtwo - 01/31/2012 7:56 pm

Pillar Of The Community
United States
7072 Posts
Posted 01/31/2012   8:16 pm  Show Profile Bookmark this reply Add Cjd to your friends list  Get a Link to this Reply
Looks like the postage due set from 1951...this would be the middle value of three. I only have a Classic close at hand right now, but I can check the full set later.
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Rest in Peace
Canada
5701 Posts
Posted 01/31/2012   8:29 pm  Show Profile Bookmark this reply Add BeeSee to your friends list  Get a Link to this Reply
Right on CD, J196 issued in 1951. 20c mint or used.
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BeeSee in BC
"The Postmark is Mightier than the Stamp"
http://brcstamps.com ---- BNAPS, RPSC, APS
Pillar Of The Community
Australia
2156 Posts
Posted 01/31/2012   8:44 pm  Show Profile Bookmark this reply Add jimjamtwo to your friends list  Get a Link to this Reply
Thanks for responses, guys!
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Pillar Of The Community
United Kingdom
3211 Posts
Posted 02/01/2012   02:39 am  Show Profile Bookmark this reply Add nigelc to your friends list  Get a Link to this Reply
The original unoverprinted bank stamp had been used in 1945 to authenticate 10,000 pengo banknotes as part of an attempt to control the high inflation of the time:



From Wikipedia: In December 1945, the government tried (and failed) to take the inflation under control by a one-time capital levy. This meant that the 1000, 10 000 and 100 000 pengo banknotes had to be overstamped with a stamp that could be bought for 3 times the value of the banknote. Banknotes without stamp were worth 1/4 of their nominal value after this campaign. Later the 100 000 pengo note was issued again with different colors - this banknote and higher denominations did not fall under the capital levy.
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Nigel
Pillar Of The Community
United States
7072 Posts
Posted 02/01/2012   09:15 am  Show Profile Bookmark this reply Add Cjd to your friends list  Get a Link to this Reply
I've wondered about the underlying stamp...thanks for the note/stamp info.
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