Budapest, 16 March 2022 – Following the day when the Hungarian Money Museum and Visitor Centre is officially opened, the Magyar Nemzeti Bank will issue the commemorative version of the 100 forint circulation coin. With these coins, the Bank wishes to focus attention on the significance of financial literacy and the Money Museum as an authentic and comprehensive source of knowledge. Two million pieces of these metal coins will be put into circulation from today.
The face value side of the 100-forint bicolour coins, to be issued, is identical with the face value side of the coin of the same denomination currently in circulation. However, replacing the Hungarian coat-of-arms, the thematic side features a new motif, designed by Mónika Gyuró.
On the obverse, in the centre field, extending into the ring, a typical section of the building that houses the Hungarian Money Museum and Visitor Centre is shown. Above, a stylised representation of a chart, showing an upward trend, is found and four different coins are placed featuring motifs (the Anjou lily, making a reference to Hungarian gold florins from the Middle Ages, the iconic number of the one-forint coin introduced in 1946, a globe, and a pair of scales) that refer to the themes presented by the Money Museum and the general characteristics of money.
Inside the string of pearls in a circular legend, separated by ornamental dots the lettering ‘MAGYARORSZÁG’ (Hungary) and ‘PÉNZMÚZEUM’ (Money Museum) and the mint year ‘2022’ is seen on the outer edge of the coin.
The coin design illustrates the evolution of the forint based on tradition, economic growth; therefore, in addition to increasing the popularity of the Money Museum, it also transmits the MNB’s values.
Additionally, the collector’s version of the circulation coin, to be issued, is a true rarity as the 100-forint bicolour circulation coins have not featured the motif extending from the outer ring onto the base, yet.
The obverse of the new commemorative version of the 100-forint circulation coin:
The reverse of the new commemorative version of the 100-forint circulation coin:
The public will be able to familiarise themselves with the new coin in circulation during cash transactions while making everyday purchases.
The coin’s technical parameters are identical with the 100-forint coins used in circulation: the ring on the bicolour non-ferrous metal version is produced from an alloy of copper (65%), nickel (15%) and zinc (20%), and its inner base from copper (75%), nickel (4%) and zinc (21%). The outer diameter is 23.8 mm, and 15.3 mm where the outer and the inner parts meet. The edge height is 2.6 mm, the coin weighs 8.6 grams with a reeded edge.
There will be 2 million pieces made of the 2022 commemorative version of the 100-forint circulation coin. The Bank’s primary objective is to make the coins available to the general public. As a result, the public will be able to familiarise themselves with these coins upon cash transactions while making everyday purchases.
From 1 p.m. today, the MNB will make the coins available in limited quantities, by way of exchange, at its retail cash office at 55 Krisztina krt., distr. I, Budapest for three months after issuance. Given its popularity, one customer can only exchange a maximum of 10 coins.
The new commemorative version of the 100-forint circulation coins will be distributed in decorative packaging and bankrolls as collector’s items.
The 100-forint coins in BU finish minted on the first day will be available in serial numbered decorative packaging and a maximum of 12,000 pieces can be made. Sale of first day mints and the bankrolls will begin on 17 March 2022 in the coin shop of the Hungarian Mint Ltd. and its webshop. Availability of both products will be limited: one customer may only purchase two pieces from each until stocks last.
The first day mint of the new commemorative version of the 100-forint circulation coin in decorative packaging:
Additional products will be available in decorative packaging but only in museum shop in the Hungarian Money Museum and Visitor Centre.
The new commemorative version of the 100-forint circulation coin available in the museum shop: