Legend Numismatics

HomeWorld CoinsWorld Coins - St. Margaret Subject of Hungary's First Gold Coin of...

World Coins – St. Margaret Subject of Hungary’s First Gold Coin of 2017

Margaret of Hungary 2017 2000 Forint Coin

By Coin & Currency Institute ….
The first of only two gold coins issued by Hungary in 2017 honors the 775th birthday of an icon both religious and royal, St. Margaret of Hungary. The daughter of King Béla IV of Hungary and Maria Laskarina, Margaret was born on January 27, 1242 and died on January 18, 1271. In a prayer to God when she was an infant, her father promised her to a religious life in return for an end to the persecution of his country by its enemies. She grew into an exquisitely beautiful woman and for that was offered marriage many times but she refused any idea of it.

Margaret is seen by followers as a paragon of self-discipline and Christian love. Despite her royal birth, she gladly performed the lowliest work and wore the worst clothes. She spent her days working and her nights praying. According to a Hungarian legend copied by Lea Raskay in 1510, Margaret could also foretell the future, which was sometimes helpful in solving her father’s diplomatic problems. She died at the Dominican monastery on Margaret Island. Her tomb was carved from red marble with some white marble parts around 1271 by the Lombard sculptors Albert and Peter. Together with the Dominican Order, her older brother, Stephen V (1270–1272), called for her canonization due to the miracles said to have occurred at her tomb. King Matthias also supported her canonization, but the Catholic Church only declared Margaret a saint centuries later. Veneration of Margaret was officially allowed in Hungary beginning in 1789, and finally Pope Pius XII made her a saint on November 19, 1943, the feast day of her aunt, St. Elizabeth of Hungary.

In the Hungary of today, St. Margaret’s memory is also of a different sort. Margaret Island, in the Danube River in central Budapest is an oasis of green and one of the city’s most popular recreation areas.

As with all Hungarian commemorative coins, this one comes in two versions – a .986 gold proof 50,000 forint (6.982 g, 22 mm), limited to 2,000 pieces, and a copper-nickel- zinc 2,000 forint (4.20 g, 22 mm) in uncirculated quality with a mintage of 5,000. Prices are $550.00 and $19.50, respectively. The obverse of the coin shows a view of the current ruins of the Dominican monastery on St. Margaret Island. The back features a profile of St. Margaret, based on a fresco by Simone Martini in Assisi, Italy.

To order, or for more information on these and other coins of Hungary, contact the Hungarian Mint’s North American Representative at P.O. Box 399, Williston, VT 05495. Toll-free: 1-800-421-1866. Fax: (802) 536-4787. Email: [email protected], or click on the Hungarian flag at www.coin-currency.com for secure website ordering. Add $5.75 to each order for shipping and handling in the U.S.A. Shipping to other countries will be based on actual cost. Vermont residents add 6% sales tax. Those desiring to receive information and photographs electronically on a regular basis can provide their email address to [email protected].

Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

Related Articles


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stacks Bowers Auction

AU Capital Management US gold Coins

NGCX Holders and Grading