Welcome To DaggarJon's
Forum
Sign the Guestbook
Google
 
Home Currency Coins What's New Contact
Austrian Coinage

My Austrian collection of coins.......

Click on the Map for a larger view

The first coins that circulated in Austria were Greek issued paid to Celtic warriors employed as mercenaries during the third century BC. Celtic coins circulated until the Roman conquest of current-day Austria around 15 BC. Silver mines in Carinthia provided the metal for the Freisacher pfennigs struc in the twelfth and thirteenth centuries by the Archbisop of Salzburg.

The Austrian Empire under the House of Hapsburgs ruled Austria from 1274 until the collapse of the Austrian-Hungarian Empire after World War I. Gold coins were introduced under Albert II (1359-58). Maximilian (1493-1519) reformed the coinage of the empire with one silver Taler equal to one gold Gulden/florin of 60 kreuzer, rising to 120 kreuzer by 1692. Maria Teresa Thalers became an important trade currency in Turkey, the Levant and Ethiopia and were struck until the 1960s.

The Austrian Empire (Kaisertum Österreich) was established on August 11, 1804, and in 1867 it was conjoined with Hungary to form the Austro-Hungarian Empire. The Republic of German-Austria (Deutsch-Osterreich, renamed the Republic of Austria in 1919) was established on November 12, 1918, it was annexed by Germany on March 13, 1938 as the state of Ostmark (dissolving into the Reichsgaue on May 1, 1939). The Republic of Austria was founded on April 27, 1945, though it remained under Allied occupation until 1955.

Austria followed the Holy Roman Empire’s monetary policies. Under the Edict of Ferdinand II in 1623, the Holy Roman Empire was divided into three currency areas. Austria and southwestern Germany (Bavaria, Swabia, Franconia and Rhineland) used the Gulden equal to 60 Kreuzer and 240 Pfennig, northern Germany used the Thaler of 30 Groschen and eastern Germany (Hamburg) used the Mark of 16 Schilling and 192 Pfennig. The Austrian Gulden was divisible into 60 Kreuzer and 240 Pfennig for Account Gulden (XATA), and also divisible into 480 Pfennige for coins.

The Conference of Leipzig in 1690 and the Convention of Vienna on September 21, 1753 reinforced these currency areas, the latter fixing the exchange rate between the Thaler and Convention Gulden (XATC) at 1 Thaler equal to 1.50 Gulden. There was no centralized issuing authority for the Holy Roman Empire. Each principality, bishopric or other political entity could issue its own coins. Specie rates and Unit of Account rates often fluctuated from one area to another, but the Gulden, Thaler and Mark were followed as standards for each area.

Austria began issuing banknotes (ATP) through the Banco-Zettel after the Convention of Vienna in 1753. The banknotes fluctuated in value relative to specie throughout the Eighteenth and Nineteenth Centuries. The paper Gulden fluctuated in value relative to specie money as Austria-Hungary made repeated attempts to stabilize its currency in the 1800s.

Austria-Hungary joined the Convention of Germanic Monetary union on January 24, 1857 issuing Monetary Union Gulden (XATG), then withdrew in 1867, but continued to issue Gulden (ATG). Austria-Hungary linked its currency to the Latin Monetary Union on March 9, 1870, though it was not a formal member of the Union. When Austria-Hungary moved to the Gold Standard on August 2, 1892, they replaced the Gulden with the Krone (ATK) with 2 Kronen equal to 1 Gulden. The Krone was divisible into 100 Heller.

When Austria became a republic after World War I, it continued to use the Krone. Post-war inflation led to the collapse of the Krone, and the Schilling (ATO) replaced the Krone at the rate of 10,000 Kronen equal 1 Schilling. When Austria was annexed by Germany, the German Reichsmark (DER) replaced the Austrian Schilling, and the Austrian Schilling ceased to be legal tender on April 25, 1938. When the Allies liberated Austria, an Allied Military Schilling (ATM) was issued.

The Schilling was reintroduced in December 1945, and people were allowed to convert Reichmarks into the new Schillings at par. The Post-war Schilling was introduced on December 4, 1947. Debts without limit and banknotes up to 150 Schillings were converted at par, but additional financial assets were converted at the rate of 1 new Schilling (ATS) equal to 3 old Schillings.

Austria adopted the Euro (EUR) as its currency on January 1, 1999 at the rate of 1 Euro equals 13.7603 Schillings. Euro banknotes began circulating in Austria on January 1, 2002, and the Austrian Schilling ceased to be legal tender in Austria on February 28, 2002. The Schilling was divisible into 100 Groschen and the Euro is divisible into 100 Cents.

Banknotes were issued by the Wiener Stadt Banco from 1759 until 1811, by the Oesterreichische National Zettel Bank from 1816 until 1825, by the Privilegirte Oesterreichische National-Bank from 1825 until 1863, by the Staats-Central-Casse from 1848 until 1892, by the Oesterreichisch-Ungarische Bank from 1880 until 1919, by the Austrian Government from 1922 until 1924, by the Oesterreichische Nationalbank from 1924 until 2002, and by the European Central Bank beginning in 2002.

Austria-Hungary occupied parts of Serbia, Montenegro, Romania and Italy during World War I, but did not issue separate banknotes during the occupation. The Austrian National Bank was absorbed into the German Reichsbank between 1938 and 1945.

Here is a coin dated 1915 and valued at 1 Corona. The obverse features the profile of Franz Joseph I facing right. Franz Joseph I was born August 18th, 1830 and died November 21st, 1916. He was Emperor of Austria, King of Bohemia and Apostolic King of Hungary from 1848 until 1916. The reverse depicts a crown above the date in the center surrounded by sprays.

  • Weight: 5.0g
  • Diameter: NA
  • Material: Silver
  • Edge: Symbols Imbedded in edge
  • Mint: NA
  • Mintage: 23,000,134
  • Krause # KM-2820
Austria 1 Corona 1915 obverse KM-2820 Austria 1 Corona 1915 reverse KM-2820
Obverse Reverse

Here is a coin struck continuosly since 1853. The coin is undated and valued at 1 Thaler. The obverse features the bust of Joseph II facing right. Born Joseph Benedikt Anton Michael Adam on March 13th, 1741, he died on February 20th, 1790. Joseph was the Holy Roman Emperor from 1765 to 1790 and ruler of the Habsburg lands from 1780 to 1790. He was the eldest son of Empress Maria Theresa and her husband, Francis I. He was thus the first ruler in the Austrian dominions of the House of Lorraine. The reverse shows the crowned imperial double eagle, withheads in halos.

Note: Many varieties exist. This type has been stuck by many different mints over the years, with some varieties commanding high premiums.

  • Weight: 28.07g
  • Diameter: 41mm
  • Material: Silver
  • Edge: Letters Embedded in Edge
  • Mint: NA
  • Mintage: Unknown
  • Krause # KM-T1
Austria 1 Thaler 1853-Present obverse KM-T1 Austria 1 Thaler 1853-Present reverse KM-T1
Obverse Reverse

Here is a 10 Groschen coin dated 1949. The obverse of the coin features the Imperial Eagle with the Austrian Shield on its breats, holding a hmmer and sickle. The current coat of arms of Austria, albeit without the broken chains, has been in use by the Republic of Austria since 1919. Between 1934 and the German annexation in 1938 Austria used a different coat of arms, which consisted of a double-headed eagle. The reverse depicts the value in the center with the date below and trumpet flower spray around the bottom edge.

  • Weight: 3.50g
  • Diameter: 21mm
  • Material: Zinc
  • Edge: Plain
  • Mint: NA
  • Mintage: 51,202,000
  • Krause # KM-2874
Austria 10 Groschen 1949 obverse KM-2874 Austria 10 Groschen 1949 reverse KM-2874
Obverse Reverse

This coin is dated 1976 and valued at 5 Groschen. The obverse featutes the Imperial Eagle with the Austrian Shield on its breats, holding a hmmer and sickle. The establishment of the Second Republic of Austria in 1945 saw the return of the original (First Republic) arms, with broken chains added to symbolise Austria's liberation. The reverse depicts the value in the center with the date below and trumpet flower spray around the bottom edge.

  • Weight: 2.50g
  • Diameter: 18.86mm
  • Material: Zinc
  • Edge: Reeded
  • Mint: NA
  • Mintage: 8,079,000
  • Krause # KM-2875
Austria 5 Groschen 1976 obverse KM-2875 Austria 5 Groschen 1976 reverse KM-2875
Obverse Reverse

This 2 Groschen coin is dated 1968. The obverse featutes the Imperial Eagle with the Austrian Shield on its breats, holding a hmmer and sickle. The reverse depicts the value within a circle in the center, the date at the bottom of the coin.

In translation, the blazon of the Federal Arms of the Republic of Austria reads:

Gules a fess Argent, escutcheon on the breast of an eagle displayed Sable, langued Gules, beaked Or, crowned with a mural crown of three visible merlons Or, armed Or, dexter talon holding sickle, sinister talon holding hammer, both talons shackled with chain broken Argent.

  • Weight: 0.9g
  • Diameter: 18mm
  • Material: Aluminum
  • Edge: Plain
  • Mint: NA
  • Mintage: 1,803,400
  • Krause # KM-2876
Austria 2 Groschen 1968 obverse KM-2876 Austria 2 Groschen 1968 reverse KM-2876
Obverse Reverse

Here is a 20 Groschen coin dated 1951. The obverse featutes the Imperial Eagle with the Austrian Shield on its breats, holding a hmmer and sickle. The reverse depicts the value in the center, with the date below the value

  • Weight: NA
  • Diameter: NA
  • Material: Aluminum-Bronze
  • Edge: Plain
  • Mint: NA
  • Mintage: 7,781,000
  • Krause # KM-2877
Austria 20 Groschen 1951 obverse KM-2877 Austria 20 Groschen 1951 reverse KM-2877
Obverse Reverse

Here is a 1963 dated 10 Groschen coin. The obverse features the Imperial eagle at the top center, the denomination on both sides of the eagle, a scalloped design around the rim, and stylized inscription at the bottom. The reverse shows the denomination in the center, the date below the value, and a scalloped design around the rim.

  • Weight: 1.10g
  • Diameter: 20mm
  • Material: Aluminum
  • Edge: Plain
  • Mint: NA
  • Mintage: 38,062,000
  • Krause # KM-2878
Austria 10 Groschen 1963 obverse KM-2878 Austria 10 Groschen 1963 reverse KM-2878
Obverse Reverse

This 1967 dated coin is valued at 1 Schilling. The obverse depicts the value in the center, with date below and an inscription around rim. The reverse shows the Edelweiss flower in the center with the coins value inscribed around the edge. The Edelweiss flower is one of the best-known European mountain flowers, belonging to the sunflower family. The name comes from German 'edel' (meaning noble) and 'weiss' (meaning white).

  • Weight: 4.20g
  • Diameter: 22.5mm
  • Material: Aluminum-Bronze
  • Edge: Plain
  • Mint: NA
  • Mintage: 22,214,000
  • Krause # KM-2886
Austria 1 Schilling 1967 obverse KM-2886 Austria 1 Schilling 1967 reverse KM-2886
Obverse Reverse

This coin is valued at 5 Schillings and dated 1970. The obverse features a Lippizaner Stallion with rider rearing to the left. The Lipizzan or Lipizzaner is a breed of horse closely associated with the Spanish Riding School of Vienna, Austria. The reverse depicts the Austrian sheild spiltting the date to eaither side, and the value above

  • Weight: 4.80g
  • Diameter: 23.5mm
  • Material: Copper-Nickel
  • Edge: Plain
  • Mint: NA
  • Mintage: 15,770,700
  • Krause # KM-2889a
Austria 5 Schillings 1970 obverse KM-2889a Austria 5 Schillings 1970 reverse KM-2889a
Obverse Reverse

This Euro cent is date 2005. The obverse designed by Josef Kaiser, features the legend 'Ein Euro Cent' within a circle with a Gentian flower in the center and date near the bottom. Outside the cirlce is a ring of stars. The reverse, designed by Luc Luycx, depicts the value and a globe outlining the European Union.

  • Weight: 2.350g
  • Diameter: 16.18mm
  • Material: Copper plated Steel
  • Edge: Plain
  • Mint: NA
  • Mintage: 123,000,000
  • Krause # KM-3082
Austria 1 Euro Cent 2005 obverse KM-3082 Austria 1 Euro Cent 2005 reverse KM-3082
Obverse Reverse

  • Weight: g
  • Diameter: mm
  • Material:
  • Edge:
  • Mint:
  • Mintage:
  • Krause # KM-
   
Obverse Reverse


Download Internet Explorer

Site Best Viewed Using Internet Explorer

 

My Local Time: Wednesday, 16 April 2014 03:32 am and It's Spring In Michigan

[Home ] [Currency Index] [Coins Index] [What's New ] [Contact] [Guestbook] [Forum]