Jaelus' Hungarian Patterns

Owner Comments:

There is much confusion regarding this type as Krause improperly cataloged it as business strike subtype KM-530a, however, it is an early Soviet era pattern.

More small coinage was needed in the early days of the Hungarian People's Republic, and as a stopgap, existing types KM-530 and KM-531 (10 and 20 fillér, respectively) were restruck with the date 1950. These 1950 dies of KM-530 were pressed into use to strike 2000 specimens of the coin in aluminum. The same number were struck of the 1950BP 2 forint pattern at this time, however, unlike the 2 forint for which new dies were produced, a próbaveret mark was not added to the existing KM-530 dies used to strike these specimens. Both the relatively high mintage and lack of this mark led to the general confusion in identifying the type as a pattern issue. A 10 fillér aluminum type was ultimately produced (KM-547) with a legend change to reflect the name of the new government. The first issues of that coin were also dated 1950, though examples of that date are extremely rare.