The official website of the Guinness World Record claims that Hungary boasts the biggest denomination banknote. That is not from the United States of America, therefore. Those who enjoy numismatics and coin collecting could be rather interested in this specimen.
This Guinness World Record apparently is not modern; it happened on June 3, 1946. Therefore, it is not unusual that in the next years a younger bill would surpass this record.
Highest denomination banknote ever issued
Actually, it is the million billion pengö note from Hungary. Another name for it is the 100 quintillion—that is, one with twenty zeros. The truth is one could still purchase one online.
With the biggest denomination, the official eBay website shows a Hungary 100 Quintillion pengo dated 1946. For your knowledge, this site already features three sold specimens.
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As of September 2024, there are currently nine Hungary 100 Quintillion pengos from 1946 accessible. Should you be interested in one of them, you can purchase it right now; should you lack the necessary funds, you can mark it on the watchlist while you are saving.
How much in the Hungary 100 Quintillion pengo from 1946 worth?
This Hungary 100 Quintillion pengo from 1946 is only $656 on eBay. Thus, this is the money you will need if you wish to possess a Guinness World Record banknote.
Remember that this currency was taken out, hence new specimens will not be available. The worst case of hyperinflation Hungary presented drove the printing of this currency.
Hungary then chose to remonetise and began printing the forint, a fresh money. At 1 for 400 octillion pengö—that is, 4 with 29 zeros—this new coin may be traded at World War II left its economy decimated; so, these steps were necessary to offset the great loss.
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