title: Hungarian Mint
text: # Hungarian Mint
  
  The Hungarian Mint (Hungarian: Magyar Pénzverő) is a government owned mint that produces circulating coins for Hungary. As a private company the mint is wholly owned by the Hungarian National Bank and is the sole body responsible for minting coins of the Hungarian forint. As well as minting circulating coins for use domestic the mint also produces a range of commemorative coins and manufacturers medals.
  
  ## History
  
  The origin of the mint can be traced back to the foundation of the Kingdom of Hungary when under King Stephen I silver denar were minted bearing his name. The denar remained the leading denomination in the country for the next three centuries, alongside the Obolus.
  
  