Hungary Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $65.49 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Pengo | 1 | 1926 - 1939 | 0.64 | 5 | 3.2 | 0.1029 | $0.00 | |
| Forint | 10 | 1948 | 0.5 | 20 | 10 | 0.3215 | $0.00 | |
| Pengo | 2 | 1929 - 1939 | 0.64 | 10 | 6.4 | 0.2058 | $0.00 | |
| Forint | 20 | 1948 | 0.5 | 28 | 14 | 0.4501 | $0.00 | |
| Pengo | 5 | 1930 - 1989 | 0.64 | 25 | 16 | 0.5144 | $0.00 | |
| Forint | 5 | 1946 | 0.835 | 20 | 16.7 | 0.5369 | $0.00 | |
| Forint | 5 | 1947 - 1948 | 0.5 | 12 | 6 | 0.1929 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
The history of silver coins in Hungary dates back to the medieval period. The Kingdom of Hungary was established in 1000 AD, and one of the most notable early coins was the denar, introduced by King Stephen I. These coins were minted in silver and featured religious and royal imagery.
Renaissance and Ottoman Period
During the Renaissance, Hungarian coinage saw the introduction of larger and more intricate silver coins. The thalers, also known as guldiners, became prominent during the reign of King Matthias Corvinus in the 15th century. However, the Ottoman occupation (16th-17th centuries) led to a disruption in the local coinage, with many coins being melted down or taken out of circulation.
Habsburg Era
Following the liberation from Ottoman rule, Hungary became part of the Habsburg Monarchy. The Habsburgs introduced standardized coinage across their territories, including the silver forint and the krajczár. These coins often featured the portraits of Habsburg rulers and were circulated widely across the empire.
19th and Early 20th Century
In the 19th century, Hungary was part of the Austro-Hungarian Empire. The silver korona was introduced in 1892, replacing the forint. After World War I and the dissolution of the Austro-Hungarian Empire, Hungary regained its independence and introduced the peng? in 1927. Silver coins during this period often depicted national symbols and historical figures.
Post-World War II and Modern Era
After World War II, the peng? experienced hyperinflation and was replaced by the forint in 1946. While silver coins were less common in circulation due to economic challenges, commemorative silver coins began to be issued. These coins celebrated various historical events, cultural achievements, and notable personalities.
Current Use
Today, Hungary continues the tradition of minting commemorative silver coins. These coins are often issued by the Hungarian Mint and serve as a way to celebrate the country's rich history and heritage. They are popular among collectors and hold both numismatic and intrinsic value.
