Hungarian Mint | |
Type: | Government-owned company |
Area Served: | Hungary |
Industry: | Coin and medal production |
Products: | Coins Medals |
Owner: | Hungarian National Bank |
Foundation: | 1001 1925 as the Royal Hungarian State Mint |
Location City: | Budapest |
Location Country: | Hungary |
The Hungarian Mint (Hungarian: Magyar Pénzverő) is a government owned mint that produces circulating coins for Hungary. As a private company the mint is wholly owned by the Hungarian National Bank and is the sole body responsible for minting coins of the Hungarian forint. As well as minting circulating coins for use domestic the mint also produces a range of commemorative coins and manufacturers medals.
The origin of the mint can be traced back to the foundation of the Kingdom of Hungary when under King Stephen I silver denar were minted bearing his name.[1] [2] The denar remained the leading denomination in the country for the next three centuries, alongside the Obolus.