Hungary - 5 Pengo 1930-BP - PCGS PR 67+ SCARCE RESTRIKE ISSUE

Description: Perfect surfaces adorn this large sized and rare Hungarian Crown. For specialists in Hungarian coinage, this piece will surely please. PCGS PF67+! ONLY ONE COIN HAS BEEN GRADED FINER AT THE SERVICE! Miklós Horthy (1868–1957) was a Hungarian admiral and politician who served as the Regent of the Kingdom of Hungary from 1920 to 1944. His tenure as regent encompassed a period of significant political, economic, and social changes in Hungary. Here are key points about Miklós Horthy: Military Career: Horthy had a distinguished military career in the Austro-Hungarian Navy before World War I. He became an admiral and served in various capacities. Post-World War I Period: After the Austro-Hungarian Empire collapsed at the end of World War I, Hungary went through a tumultuous period of political upheaval. Horthy, who initially opposed the communists and supported the conservative government, played a role in the suppression of the Hungarian Soviet Republic in 1919. Appointment as Regent: Following the fall of the Hungarian Soviet Republic, Horthy was appointed as Regent of the Kingdom of Hungary by the National Assembly in 1920. The country became a kingdom without a king, and Horthy assumed the powers of the head of state. Authoritarian Rule: Horthy's rule was characterized by an authoritarian and conservative regime. He was aligned with conservative and right-wing forces, and his regime sought to establish law and order, suppress leftist movements, and promote traditional values. Revisionist Policy: Horthy pursued a revisionist foreign policy aimed at revising the post-World War I treaties, particularly the Treaty of Trianon (1920), which had resulted in significant territorial losses for Hungary. His policies sought to regain lost territories. Alliance with Nazi Germany: In the 1930s, Hungary, under Horthy, moved closer to Nazi Germany. Hungary joined the Axis powers in 1940 and participated in the invasion of Yugoslavia in 1941. Occupation by Nazi Germany: In 1944, as Germany's military situation deteriorated, Nazi forces occupied Hungary. Horthy attempted to negotiate a separate peace with the Allies, but the Germans intervened and forced him to resign as regent. Arrow Cross Rule: Following Horthy's removal, the fascist Arrow Cross Party took control of Hungary, and a more radical and brutal regime emerged. Hungary remained under German occupation until the end of World War II. Post-World War II Period: After World War II, Horthy was arrested by the Allies and spent time in internment. He was released in 1945 but did not return to Hungary. He lived in exile in Portugal until his death in 1957.Miklós Horthy's legacy is complex. While some view him as a defender of Hungary's interests and a stabilizing force during a turbulent time, others criticize his authoritarian rule, alignment with Nazi Germany, and his role in the country's wartime collaboration.

Price: 595 USD

Location: Palm Beach Gardens, Florida

End Time: 2025-01-17T21:06:15.000Z

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