Ferenc Deák commemorative coins released in Hungary

In celebration of the 220th anniversary of Ferenc Deák’s birth, The National Bank of Hungary (MNB) has unveiled special commemorative coins that pay tribute to one of Hungary’s most influential historical figures. These coins serve as a reminder of Deák’s crucial role in shaping Hungary’s modern history and legislative progress.

Deák’s enduring legacy in Hungarian history

According to Pénzcentrum, the commemorative coins highlight Deák’s legislative work as a lawyer and minister. They also recognize the formation of the first responsible Hungarian government during the 1848-49 Revolution. Ferenc Deák, born 220 years ago, was a key figure in 19th-century Hungarian history. He played a pivotal role in shaping the modern Hungarian state. Additionally, he led negotiations that led to the reconciliation of 1867, ushering in Hungary’s growth.

Artistic representation and symbolism

Designed by the talented artist Balázs Bitó, these coins feature a wax imprint of the 1848 Minister of Justice’s seal on their obverse, symbolising an essential component of Hungary’s legal framework and legislation during this transformative period. On the reverse side of the coins, there is a half-length depiction of Deák, which is reminiscent of a lithograph by the renowned Austrian painter Franz Eybl from 1842. Alongside the image is Deák’s signature and the years 1803 and 1876, marking his birth and death. They also bear one of Deák’s most famous exhortations: ‘Kockáztathatunk mindent a hazáért, de a hazát kockáztatni semmiért nem szabad‘ (We can risk everything for the homeland, but we may not risk the homeland for nothing).

Technical details of the commemorative coins

Both the silver and non-ferrous metal coins have a diameter of 38.61 millimetres with a notched edge. The silver coin, valued at HUF 15,000 (EUR 39.04), is crafted from 925 silver and weighs 31.46 grams. Meanwhile, the non-ferrous version, with a face value of HUF 3,000 (EUR 7.81), is composed of an alloy of 75% copper and 25% nickel, weighing 30.80 grams.

How to acquire them?

For those eager to acquire these commemorative coins, they are available for purchase at face value at the coin shop and webshop of Hungarian Mint Ltd., the manufacturer and distributor of the coins. This opportunity will be open for three months after the initial issue date (17 October 2023), with availability subject to stock.

By issuing commemorative coins, a nation pays tribute to the legacy of individuals who have significantly impacted its history, like Ferenc Deák or the Hungarian Nobel laureates, Katalin Karikó and Ferenc Krausz. It is a way of showing respect and appreciation for their contributions.

Source: Pénzcentrum