4757) The Hungarian Revolution of 1956, Hungary: Magyar Nemzeti Bank (MNB) has issued a 20,000 Forint, Silver Proof Coin celebrating the hard-won Freedom from the Soviet occupation forces (1956-2026) Seventy (70) Years ago: Date/Year of Coin issue: 23.10.2026:
Celebrating 70 Years of Hungarian Freedom:
- The Hungarian Revolution of 1956 is a pivotal event in the country's history, symbolising the struggle for freedom and independence.
- In 2026, Hungary will celebrate the 70th anniversary of this historic event.
- This commemoration is an opportunity to reflect on the events that led to the revolution, its impact on Hungary and the world, and the lessons we can learn from it today.
- The Hungarian Revolution began on October 23, 1956, when students and other demonstrators gathered in Budapest to demand civil liberties, free elections, a multi-party political system, and the withdrawal of Soviet troops.
- Peaceful demonstrations soon evolved into a nationwide movement for liberation, with demands for the withdrawal of Soviet troops, political freedom and national self-determination.
- The revolution was a spontaneous nationwide revolt against the government of the Hungarian People's Republic and its Soviet-imposed policies.
- Despite the failure of the uprising, it was highly influential and played a role in the fall of the Soviet Union decades later.
- The 1956 Revolution gave rise to innumerable examples of unity and courage and is considered one of the turning points of the Cold War.
- The flag with a hole in the middle became one of the Revolution’s most recognized symbols.
- On November 4th, Soviet forces launched an attack and crushed the Revolution. The ensuing retribution destroyed countless lives. About 2,500 Hungarians died and about 200,000 fled the country as refugees, including about 36,000 to the United States and over 37,000 to Canada.
- The legacy of 1956 lives on today, exemplifying the importance of liberty, courage and national unity.
- Hungary continues to commemorate the revolution through ceremonies, candle-lighting, national flags, and educational activities.
Schools organise events in which students recite poems, stage performances, and learn about the young people who participated in the uprising.
- October 23 also marks the anniversary of Hungary’s declaration of a republic in 1989, linking the country’s democratic transition to the ideals of the 1956 revolution.
The date remains a national holiday dedicated to freedom, democracy, and national sovereignty.
- The legacy of 1956 lives on today, exemplifying the importance of liberty, courage and national unity.
The Reverse of the 20,000-forint .925 Silver Coin features a shattered Soviet star lying on scattered cobblestones, with “1956” among the pieces on the right side.
The circular legend “MAGYARORSZÁG” (Hungary) and the denomination “20000” and “Ft” are found to the lower left, separated by a cobblestone. Cobblestones symbolise street fighting.
The Obverse of the 20,000-forint .925 Silver Coin shows the torn edges of a flag, with the number “70” signifying the anniversary to the upper left, and a quote from the 1953 poem “Gyöngyszoknya” (Skirt of pearls) by László Nagy in five lines, reading “BÉKÉÉRT ESDO˝ ZÁSZLÓK LOBOGNAK” (Flags that implore peace are hanging). The mint year “2026” and the mint mark “Bp.” Are located to the right, with the master mark of the coin’s designer Péter Szanyi at the lower left.
The coin weighs 31.46 grams and measures 38.61 mm in diameter, with a mintage limited to only 5,000 pieces.
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Hungarian National Memorials Collector Coin Series":
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