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Hungary 5000 Korona Madonna and Child Inverted Center, 1923
legendary1900-1945

Hungary 5000 Korona Madonna and Child Inverted Center, 1923

Hungary · 1923 · 5000 korona

This Hungarian stamp, issued in 1923, features a depiction of the Madonna and Child, with the central vignette famously inverted due to a printing error. It is considered one of the rarest and most valuable Hungarian stamps, and a premier inverted center error of 20th-century Europe.

Issued during a period of significant economic instability and hyperinflation in post-World War I Hungary, the high denomination of 5000 korona reflects the challenging financial climate of 1923.

Catalog Numbers

scott321a

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Estimated Values by Condition

Superb(S)

Perfectly centered, fresh, no faults

$200,000
Extremely Fine(XF)

Well centered, fresh colors

$150,000
Very Fine(VF)

Nicely centered, minor flaws

$100,000
Fine(F)

Average centering, acceptable

$50,000
Good(G)

Off-center or visible wear

$20,000

Prices are approximate market estimates for educational purposes. Actual values depend on specific factors including cancel type, margins, and provenance.