Central Bank of Hungary

11/16/2021 | News release | Distributed by Public on 11/16/2021 05:17

Collector coin to honour the 10th anniversary of the Fundamental Law entering into force

Today, the Magyar Nemzeti Bank is issuing a silver collector coin with a face value of 10,000 forints and its non-ferrous metal version of 2,000 forints to mark the 10th anniversary of the Fundamental Law entering into force.

Hungary's Fundamental Law constitutes the foundation of our legislative system and it is a piece of legislation standing at the top of the legal hierarchy. It is the first written constitution in our country's history, which was adopted by a democratically elected Parliament. It fulfils a role of state and society management of traditional constitutions. However, its National Avowal does not only stipulate the regulations of coexistence but also the unity of the nation. It highlights the role the Hungarian nation plays in the enrichment of Europe's common values and that the liberty we fought for, needs to be protected. We are responsible for each other and our offspring; therefore, we protect the living conditions of future generations by carefully utilising our mental and natural resources. However, it considers that liberty can only be achieved in partnership with others. As a result, in addition to listing all the rights, it also enhances the duties one must fulfil for the community. It communicates Christianity's role to preserve the nation and it considers the family and the nation as the most crucial units of our coexistence. The collector coin designates the place the Fundamental Law takes in our current legal system and it highlights the unity of the nation.

On the obverse, in a central field surrounded by a circular line, the hall in the Parliament where plenary sittings are held is seen from above. This representation was created on the basis of Tamás Wachsler's photograph titled Alkotmányos reform (Constitutional Reform). Hidden in the central motif, the master mark of sculptor, Balázs Pelcz is found who designed the coin. The compulsory design elements of collector coins are also placed on the obverse: the inscription 'MAGYARORSZÁG' (Hungary), the denominations '10 000' and '2000' the lettering 'FORINT', the mint year '2021' and the mint mark 'BP.'.

On the reverse, in a centre field surrounded by a circular line, some sections of the Holy Crown of Hungary and Hungary's flag is placed where the colours are symbolised by heraldic stripes. On the edge of the reverse, in a circular legend, at the top, a quotation from the National Avowal in Hungary's Fundamental Law is featured: 'SZÖVETSÉG A MÚLT, A JELEN ÉS A JÖVŐ MAGYARJAI KÖZÖTT' (An alliance between Hungarians of the past, present and future). At the bottom the lettering 'AZ ALAPTÖRVÉNY TIZEDIK ÉVFORDULÓJÁRA' (The tenth anniversary of the Fundamental Law) is shown. These inscriptions are separated by ornamental dots.

The obverse of the 10 éves Magyarország Alaptörvénye collector coins

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Silver collector coin

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Non-ferrous metal collector coin

The reverse of the 10 éves Magyarország Alaptörvénye collector coins

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Silver collector coin

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Non-ferrous metal collector coin

Both collector coins are 37 mm in diameter. Their edge is reeded. The collector coin with a face value of 10,000 forints is struck in .925 fine silver and it weighs 24 grams. The non-ferrous metal coin with a face value of HUF 2,000 is produced from an alloy of copper (75%) and nickel (25%) and weighs 23.7 grams. 5,000 pieces can be made of the silver collector coin in proof finish and 5,000 pieces of the non-ferrous version in BU finish.

In order to promote the value transferring and educational role collector coins have, as widely as possible, the '10 éves Magyarország Alaptörvénye' silver coins will be available for purchase at their face value for three months and their non-ferrous commemorative versions for one year in the coin shop of the Hungarian Mint, the producer and distributor of the coins (Budapest, distr. V, 7 Báthory street), and in its webshop (https://www.penzvero.hu/) from 16 November 2021, while supplies last.