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COINS & CURRENCY OF
FORMERLY COMMUNIST EAST EUROPE

A selection of historic coins from pre-communist, communist and post-communist Eastern Europe.

BARGAIN COIN SET FROM THE PEOPLE’S REPUBLIC OF HUNGARY

Communist Hungary 7 coin set: 2 Filler - 2 Forint 1953-57

This seven coin set from communist Hungary includes the 1957 2 and 5 Filler, the 1958 10 and 20 Filler, the 1953 50 Filler, and the 1957 1 and 2 Forint in Uncirculated condition. The 2 Filler is made with a hole in the coin. The 10 Filler features a dove. Wheat heads are on the 20 Filler and a blacksmith is on the 50 Filler. The 2 Forint is copper-nickel, while the other coins are aluminum. Together the coins catalog over $65, however our price is MUCH less.
Item HU-SET7 HUNGARY 7 COIN SET 2 FILLER - 2 FORINT, UNC. $39.95

HUNGARIAN INFLATION CURRENCY

At the end of World War II, Hungary found its infrastructure and economy totally ruined retreating the Nazi and invading Soviet troops.. The government issued vast amounts of unbacked currency, resulting in the worst hyperinflation ever recorded. In order to cut down on the number of zeros on the banknotes and allow for simpler calculations, Hungary kept renaming their currency. The Hungarian Pengo was soon replaced with the Milpengo, valued at 1,000,000 Pengo. The Milpengo was soon replaced with the B-Pengo, valued at 1,000,000 Milpengo or 1,000,000,000,000 Pengo. The Adopengo, or tax Pengo was introduced originally as accounting unit that would retain its value. It was later allowed to be used as legal tender and soon it also suffered from hyperinflation. By end of July 1946 the Adopengo was valued at 2×10²¹ Pengo. Inflation continued unabated, with prices sometimes tripling in a single day. Finally on August 1, 1946 Hungary introduced a totally new currency called the Forint, with one Forint equal to 400,000,000,000,000,000,000,000,000,000 or 4×1029 Pengo. We are pleased to offer two sets of notes from the Hungarian hyperinflation period. The first set consists of six notes including the 1000 Pengo dated July 15, 1945, 1 Million Pengo dated November 16, 1945, 100 Million Pengo of March 18, 1946, 100,000 Milpengo dated April 29, 1946, 1 Milliard (trillion) Milpengo dated June 3, 1946, and 1 Million B-Pengo dated June 3, 1946 (that is 1,000,000, 000,000,000,000 Pengo!. Because of the rapid inflation the Hungarian national bank did not have time to create new designs, so the 1 Million B-Pengo note utilizes the same design as the 1 Million Milpengo, changing only the color and denomination. All six notes have attractive designs are are in AU-UNC. condition We also offer a set of 10,000, 100,000 and 500,000 Adopengo notes dated May, 1946. The Adopengo notes have a simple design with no vignette and are in circulated condition.
Item PM-HU-INFL6 SET OF 6 HUNGARIAN INFLATION NOTES 1945-46, AU-UNC. $24.50
Item PM-HU-ADO3 SET OF 3 HUNGARIAN ADOPENGO NOTES 1946 F-VF $15.00

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MODERN HUNGARIAN COIN SET INCLUDES BIRDS & FLOWERS

COMMUNIST BULGARIA COIN SET

Communist Bulgaria seven coin set: 1 Stotiniki - 1 Lev 1962

This 1962 seven coin set includes all the coins issued by the People’s Republic of Bulgaria that year. One side of the coins bears the date and denomination. The other side has the Bulgarian arms, which features a standing lion. Included is the 1, 2, 5, 10, 20, 50 Stotinki and the 1 Lev. All seven coins are Uncirculated.
Item BG-SET62 BULGARIA 1962 SEVEN COIN SET, UNC. $5.00

NEW COINS OF ROMANIA

Due to problems with inflation, Romania revalued their currency and issued new coins at the beginning of 2005. The new series included four denominations, the 1, 5, 10 and 50 Bani, dated 2005. The designs of the coins clean and simple. The obverse features the nations name, arms and the date. The other side shows the denomination. The 50 Bani has a lettered edge.
Item S-RO-SET05 ROMANIA 4 COIN SET, 2005 1-50 BANI, UNC $4.00

LAST COINS OF THE POLAND PEOPLE’S REPUBLIC - 1988 AND 1989 COIN SETS

1988 and 1989 brought about surprising political and economic change in Poland, which resulted in the abolishment of communism, the restoration of democracy and the movement towards free markets. The economic upheaval of the changes are reflected in the nations coins of 1988 and 1989. The 1988 seven coin set includes the regular issue 1, 2, 5, 10 and 20 Zlotych and two circulating copper-nickel commemorative 100 Zlotych, one commemorates Queen Jadwiga. Jadwiga was crowned “king” of Poland when she was nine years old. Two years later she was married to the Grand Duke of Lithuania, uniting the two countries and opened the way to the Christian conversion of the largely pagan Lithuanians. The Grand Duke became known as King Wladslaw II of Poland, and the two ruled jointly until her death in 1399. In 1997 she was canonized., The other commemorates the 70th anniversary of the Welkopolskiego Insurrection at the end of World War I. The reverse of all the coins show the Polish Eagle. The 1989 set also includes regular issue 1, 2, 5, 10 and 20 Zlotych coins. The designs of the coins are similar to the 1988 series, however, due to inflation, the coins are smaller. Also included are two copper-nickel 500 Zlotych commemorative coins. One honors King Wladyslaw II Jagiello, husband of Queen Jadwiga. He reigned from 1386 until 1434. The other 500 Zlotych commemorates the 50th anniversary of the beginning of World War II. It pictures advancing infantry soldiers.   The Polish Eagle is on the reverse. The two sets reflect both the rampant inflation of the period, as well as Poland’s rich history. Both sets are Uncirculated.
Item PL-SET88 POLAND 1988 SEVEN COIN SET 1 - 100 ZLOTYCH, UNC.   $9.75
Item PL-SET89   POLAND 1989 SEVEN COIN SET 1 - 500 ZLOTYCH, UNC.   $9.75
Item PL-BOTH   BOTH OF THE ABOVE COIN SETS, UNC. $17.50

ALSO SEE:

OLD POLISH SILVER COIN OF SIGISMUND III

RECENT POLAND COIN SET

POLAND 2 ZLOTE COMMEMORATIVE SETS

POLAND GOLD ON SILVER WORLD CUP SOCCER COIN

LAST COINS OF THE KINGDOM OF YUGOSLAVIA

These historic 1938 coins were the last issues of the Kingdom of Yugoslavia. They were struck for King Peter II, who was only 15 years old at the time. Not long after the coins were struck the Nazi forces occupied and divided the country. The four coin set includes the 50 Para, 1 & 2 Dinar struck in a gold-colored aluminum-bronze alloy and picturing the royal crown and the nickel 10 Dinar picturing the young king. The 10 Dinar is AU while the other three coins are Uncirculated. The coins catalog for over $24.00, however our price is less than half of that!
Item C-YU-SET38 YUGOSLAVIA SET 50 PARA, 1,2 & 10 DINARA 1938 (KM18-22) AU-UNC. $9.75

CURRENCY FROM YUGOSLAVIA'S HYPER-INFLATION

In the 1990's Yugoslavia underwent a complete collapse as the country broke into five separate nations and inflation soared. Prices sometimes more than doubled within a day! To keep up with inflation Yugoslavia had to keep introducing new coins and currency. In early 1993 more new coins and currency were introduced, with 1 new Dinara equal to 1 Million 1992 Dinara. The new coins featured the national arms on one side and the denomination on the other. 1, 2, 50, 10, 50 and 100 Dinara coins were issued,however they circulated only briefly. Due to raging inflation they were soon virtually worthless. In the fall of 1993 Yugoslavia produced highest denomination bill ever produced with the denomination written out, a 500 Billion Dinara note.   The note pictures Serbian romantic writer and poet Zmaj . The back shows the National Library. Inflation continued and the 1993 Dinara soon was replaced.
Item S-YU-SET93 YUGOSLAVIA 1993 6 COIN SET 1-100 DINARA (KM154-159) UNC.   $3.75
Item PM-YU137    YUGOSLAVIA 500 BILLION DINARA NOTE 1993 (P137) XF $9.75

For more information on this subject, please visit our article:

THE WORLD'S WORST INFLATION?

TESLA HONORED ON YUGOSLAVIAN COIN

Nikola Tesla was one of the great pioneers in electricity. His inventions in electrical generation and power transmission give us the alternating current electricity we use today. He was a man of many nations. He was born in Croatia to Serbian parents, studied in Austria and Czechoslovakia then went to the United States where he did most of his inventing. The Federal Republic of Yugoslavia honored him this commemorative Proof 20 Dinar coin of 1996. His portrait is on one side and the arms of Yugoslavia on the other side. The coin is made from a copper-zinc-nickel alloy and has a mintage of only 9,743 pieces.
Item L-YU-TESLA YUGOSLAVIA 20 DINARA COIN 1995 (KM169) TESLA, PROOF $12.50

SERBIA 2006 COIN SET

This set includes the five coins that the Republic of Serbia issued for 2006. The 20 Dinara features Nikola Tesla, one of the great pioneers in electricity. His inventions in electrical generation and power transmission give us the alternating current electricity we use today. The 10 Dinara pictures the Studenica Monestary. The Krusedol Monastery is on the 5 Dinara. The Gracanica Monastery is on the 2 Dinara. The 1 Dinara shows the National Bank building. The crowned arms of Serbia is on the reverse of each of the coins.
Item S-RS-SET06 SERBIA 5 COIN SET 1 - 20 DINARA, 2006, KM39-46 UNC. $6.00

MACEDONIA ANIMAL COIN SETS COMMEMORATE FAO

Macedonia 1995 coin set: 1, 2 & 5 Denari FAO

In 1995 Macedonia issued two sets of coins to commemorate the 50th anniversary of the United Nations Food and Agriculture Organization (FAO). Each set consists of three coins the 1, 2 and 5 Denari. The two sets have the same designs; a sheep dog on the 1 Denar, a trout on the 2 Denari, and a lynx on the 5 Denari on the obverse and the FAO logo and denomination on the reverse. The obverse design was based on the regular issue coins of Macedonia, however the legends and size of the images are different. One of the FAO coin sets was struck in yellow brass, as is used in the other circulating coins of Macedonia. The other set was struck in a lighter-colored copper-nickel-zinc alloy. Both sets are Brilliant Uncirculated and are priced less than half of their current catalog value!
Item N-MK-SET95BRASS MACEDONIA 1995 FAO 3 COIN SET, STRUCK IN BRASS KM5 - 7, BU $5.00
Item N-MK-SET95CNZ MACEDONIA 1995 FAO 3 COIN SET, STRUCK IN COPPER-NICKEL-ZINC, KM5a - 7a BU $5.50

FOR OTHER COINS OF MACEDONIA PLEASE SEE:
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MACEDONIA 4 COIN SET FEATURES NATIVE ANIMALS

MACEDONIAN COIN COMMEMORATES GOD OR MAMMON

UNUSUAL MACEDONIAN "MULE" COIN

NEW COINS FROM BOSNIA-HERZEGOVINA

Bosnia-Herzegovina recently released two new coins. The 2005 5 Konvertible Marka is a bi-metallic coin featuring a dove, an appropriate symbol for this once war-torn nation. The 2005 nickel-plated steel 5 Feniga pictures a map of Bosnia-Herzegovina. We offer these coins both separately and as part of a complete set of the previous Bosnian coins that also includes the 2004 10 Feniga, 1998 20 & 50 Feniga, 2002 1 Konvertible Marka and the bi-metallic 2003 Konvertible Marka. All coins are Uncirculated
Item L-BA-SET7 BOSNIA-HERZEGOVINA 7 COIN SET 5 Fenig - 5 K.Marka UNC. $22.50
Item L-BA-5KM BOSNIA-HERZEGOVINA BIMETAL 5 KONVERTIBLE MARKA 2005 UNC. from above set $12.50

ATTRACTIVE CROATIAN COINS FEATURE FLORA AND FAUNA

This attractive nine coin set from Croatia features various plants and animals. Animals are featured on the higher denomination coins. The 5 Kuna coins features a bear, the 2 Kuna shows a tuna fish and the 1 Kuna shows a nightingale. The word Kuna is derived from an old term for a marten pelt, reflecting the use of furs for money in medieval times, thus a marten is also shown on each of the Kuna denominated coins. The 1, 2, 5, 10, 20 and 50 Lipa all feature various plants, including corn on the 1 Lipa. The coins date from 2001 to 2007 and are Uncirculated.
Item S-HR-SET9 CROATIA 9 COIN SET, 1 LIPA - 5 KUNA, UNC. $11.75

SCARCE 1947 COMMUNIST ALBANIA COIN SET

Albania released their first post-war coins in 1947. The four-coin set consisted of the 1/2, 1, 2 and 5 Leke. The coins were struck on the blanks that had been used for Yugoslavia’s 1946 coins. The coins feature the Albanian arms on one side and the denomination on the other. This scarce four-coin set is technically Uncirculated, however because zinc is a reactive metal, the coins tend to be toned or spotted, so we call it AU-UNC.
Item C-AL-SET47 ALBANIA 4 COIN SET: 1/2 - 5 LEKE, 1947 KM35-38, AU-UNC. $12.50

ALSO SEE:

COINS OF THE CZECH REPUBLIC

COINS & CURRENCY OF EAST GERMANY

COINS OF THE SLOVAK REPUBLIC

SLOVENIA WILDLIFE COIN SET

SLOVENIA PATTERN COIN SETS

SLOVENIA PROOF COINS

SLOVENIA BI-METALLIC 500 TOLAR COINS

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Joel Anderson

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