ISSUED: May 1, 1932
PAPER: Watermarked double cross on pyramid
DESIGNER: F. Helbing
PURPOSE: Regular postage, high values
DESIGN: Madonna, Patroness of Hungary and the child
HISTORY: The 1926 high values were about exhausted and a new design of the Madonna and Child was prepared and issued early in 1932 on the new watermarked paper.
ISSUES OF THE REGENCY Nos. 462-465