1935 Hungary 2 Pengo - Why so Rare ???

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Why is this coin so rare? it said 50,000 were minted, however in the last 5 years looking on various Auction house and websites I have only seen 3 being sold (1 on Delcampe, 1 on eBay, and 1 on Steven Album website- which I bought).

Heck I seen more Maundy Coins set (normally less than 2,000 minted for a given year) for a particular year being sold than I have seen this allegedly abundant coin in comparison being sold.

Any information as to why this coin is so rare in relations to it stated mintage, and to what the estimated coins that still exist would be appreciated.

https://en.numista.com/catalogue/pieces4734.html
Coins dated 1935 or its equivalent including No Dates.
I am currently looking for the following coins, you can view, them on my webpage:
https://coinwishlist.weebly.com/
A lot of silver was melted down during WWII, it's possible that a lot of them went off to the smelter, but I don't know for sure
so blame the Germans, and blame the most of the world for going off of the gold standard right
Coins dated 1935 or its equivalent including No Dates.
I am currently looking for the following coins, you can view, them on my webpage:
https://coinwishlist.weebly.com/
Well it's pretty easy to blame the Germans for a lot of things that happened in the late 30s early 40s ;)

I believe as a part of the axis, that Hungary had a lot of trade with Germany and Italy so it's more than reasonable to expect that silver and gold would be changing hands. Also a lot of people would have been hoarding precious metals as the war wore on and coins started being issued in base metals rather than precious metals.

The Maundy sets are easy to find because as they were given out as gifts rather than being minted as a circulation coin, the vast majority of them were kept intact and in good condition.
if I was to guess I'll say there's less than 5,000 more likely 3,000 the currently exist today. Anybody else want to take a stab at guessing how many of these coins actually exist today?
Coins dated 1935 or its equivalent including No Dates.
I am currently looking for the following coins, you can view, them on my webpage:
https://coinwishlist.weebly.com/
Quote: "neilithic"​A lot of silver was melted down during WWII, it's possible that a lot of them went off to the smelter, but I don't know for sure
​I guess this is not unprecedented since this did occur to the 1935 Romania 250 Lei
Coins dated 1935 or its equivalent including No Dates.
I am currently looking for the following coins, you can view, them on my webpage:
https://coinwishlist.weebly.com/
It was not during the WWII and they melted the coins for other reasons.
You can also blame Soviet soldiers. :O No, really, there are loads of photos of them having tens of watches... I believe silver coins would go too. :°
Catalogue administrator
Nonsense! All silver coins were out of circulation during WWII in Hungary. Btw Soviet Union didn't start that war. My grand-grand father told me once that Hungarian soldiers were much more bloodthirsty in Belarus that time than even SS-soldiers.
No politics here. But hey, go back to your history lessons. You missed some.
Catalogue administrator
No politic here, true, so keep your advise on you.
;) I have been talking education.
Catalogue administrator
If I may interrupt the hostilities....

I don't think 50,000 is a large mintage for a numismatically significant country like Hungary. It's the key date in a very attractive set, produced by a major player in the affairs of the period and it's a big silver coin! It's easy to imagine that it's a real hard coin to find and that those who are fortunate enough to have one would be reluctant to part with it.

I'm sure that some were looted and / or smelted, perhaps someone hoarded quite a few but didn't survive to be able to recover them. But even without any of these factors, a lot of coins were destroyed during the 1970's PM spike. I'd be willing to bet that there are more people actively seeking this particular coin than there are surviving specimens.

I don't think you can blame this one on the Germans. The 5 Reichsmark coins survived the war in very healthy numbers despite having a far great silver content.
Non illegitimis carborundum est.  Excellent advice for all coins.
Make Numismatics Great Again!  
You can say that 2 pengő coins were melted because of their silver content so rare dates are hard to get.

But what about this Hungarian coin?

https://en.numista.com/catalogue/pieces2367.html

In 1941, 22.500.000 pieces were minted (numista catalogue is wrong, I sent a change request). But nowadays, it's a very rare coin, even a rusty Fine piece sells for ~145$ (it's quite a lot money here in Hungary, where minimal wage is only ~$470 per month). I've never seen an UNC piece with original mint lust (not even in picture).

One more thing to note: catalogue value in UNC with mint lust (latest Hungarian one, based on real market prices) of 2 pengő 1935 is ~$875, while 2 fillér 1941 is ~$765

Even Hungarian collectors don't know what happened with these 22.500.000 coins. Of course, there are theories that they were melted because the industry needed steel for the war, but next year in 1942, another 20.000.000 were produced, and those are very easy to get even in UNC condition.
It seems the mystery only gets deeper, hmmm
Coins dated 1935 or its equivalent including No Dates.
I am currently looking for the following coins, you can view, them on my webpage:
https://coinwishlist.weebly.com/
If the problem was steel, maybe they got access to soviet steel in 1942..
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