CNG 103, Lot: 1022. Estimate $2000. Sold for $4000. This amount does not include the buyer’s fee.

HUNGARY, Magyar Királyság (Kingdom of Hungary). Horthy Miklós. Regent, 1920-1944. Pattern AV 100 Pengo (36mm, 29.23 g, 12h). Budapest mint. Dually dated 900 and 1938 BP, though struck 1960s. Crowned coat-of-arms surmounted by sword, scepter, olive branch, and oak branch; UP stamped above crown / St. Steven standing facing, head right, holding sword and globus cruciger. Cf. Huszár 2305 (for original strike); KM (X) Pn41; Friedberg 596. Proof.

Ex Dr. Lawrence A. Adams Collection (Triton XIX, 5 January 2016), lot 2391 (hammer $4000, but not paid), purchased from M. Louis Teller, August 1986.