- 900 / 1000
|Quantity||Sell NETTO/BRUTO Price|
|1 - 5||973.79 €|
|6 - 10||970.93 €|
|11 - 25||968.06 €|
|26 - 50||965.20 €|
|51 - 100||962.33 €|
|101 +||959.47 €|
|Quantity:||Price per item:|
1 The weight displayed here is the fine metal content of the item. It does not reflect the actual weight of the product which may be higher.
* The delivered products may slightly vary from the shown picture.
- Buy Back Price
- 943.03 €
The Austrian Kronen comes in different denominations, one of them being the 100 Kronen gold coin and the other varieties are the 10 and 20 Kronen Austrian gold coins. The 100 Kronen gold coins were the coins that replaced the Gulden during the Monetary Union in 1892 between Austria and Hungary. This is how the 100 Kronen became the first Austrian gold currency.
It was minted by the Austrian Mint in a gold content of 30.49 grams and a total weight of 33.8750 grams. From its first mintage in 1892, the 100 Kronen was minted until 1988, an issue in almost every year with few exceptions. However, as a denomination the 100 Kronen gold coins were issued only until 1918, when Austria became a republic.
A 100 Kronen gold coin has a purity of 21.6 carats of gold meaning 90.00% fineness. Other dimensions to be mentioned are the diameter of 35.00 mm and 2.15 mm thickness.
On a 100 Kronen gold coin we will find the same design as 100 years ago. The Austrian Corona, a name under which this coin is also known, depicts on the obverse the uncrowned bust of Emperor Franz Josef I who is facing right accompanied by the inscription “FRANC IOS I D G IMP AUSTR REX BOH GAL ILL ET AP REX HUNG”.
On the reverse of the Austrian 100 Kronen it is illustrated the famous crowned double headed eagle which is a representative symbol for the Austrian Empire. It is displayed the Austrian Coat of Arms.
On the reverse of all the 100 Kronen gold coins, at the bottom of the coins, it is inscribed the 1915 commemorative year no matter the year in which the Austrian gold Corona coins were minted. This is valid for all the coins minted after Emperor’s Franz Josef death. This particular year pays homage to one of the European Monarchs with one of the longest modern reigns.
100 Kronen gold coins demonstrated how volatile an economy can be when the paper Krone became pretty much worthless. It was a phenomenon that happened in conditions that resemble those of today almost entirely. Then it was the end of World War I that brought hyperinflation which made paper money worth 14,000 times less than the 100 Kronen gold coins.
Nowadays we are faced with an inflationary economy with banks printing money and governmental debts increasing. These are strong reasons for which the intrinsic value of gold has been continually increasing. There are reasons for which investors have turned their attention to gold and especially gold coins like the 100 Kronen which is a beautiful way to diversify ones portfolio. The 100 Kronen gold coins are traded in order to preserve wealth and increase fortunes and are also investment means that are tax-free.
Another factor that influences investors into buying the Austrian 100 Kronen is its low premium, compared to other bullion gold coins, due to the fact that these coins are no longer minted. These coins are known among gold dealers as cheap gold.
Kronen Bullion: The Iconic Austrian Coin
The historic prestige of the Austro-Hungarian Krone makes these gold bullion coins an essential part of any serious coin collection. With an exquisite design and a gold content of .9802, the Krone is recognized as a valuable asset all over the world.
Buying Kronen coins
The Austrian Krone is available for purchase from the CoinInvest online store. Simply select the coin of your choice to take you through to the product description page where you can learn more about the individual coins and once you have decided to purchase add to your cart by clicking on the orange stripe.
Kronen: Austria-Hungarian Imperial gold bullion coins
The Gold Krone (German, also referred to as Korona or Corona in Hungarian) was the official currency of the Austro-Hungarian Empire from 1892 when it replaced the Gulden. It remained part of the gold standard until 1915. After Emperor Franz Joseph I died, commemorative coins were struck in line with Austrian tradition.
After several earlier attempts, the Austro-Hungarian Empire adopted the gold standard in 1892. This plan included the introduction of the new currency, the Krone. Gold Kronen were of .900 (21.6 carat) purity and were first issued for circulation in the 10 and 20 Kronen denominations, while the 100 Kronen gold coin was first struck in 1908 and until 1914 inclusive.10 Kronen coins were struck until 1912, while the last legal tender Krone coin was struck in 1915, which is also the date on all re-strikes that were issued the following years. The portrait of His Majesty the Emperor adorns all Kronen coins.
When revolution spread to the capitals of the Austrian Empire in 1848, Franz Joseph was proclaimed emperor of the empire after the abdication of his uncle Ferdinand I who died without leaving an heir.
In the period 1908–14 Franz Joseph held fast to his peace policy. Yet, followingthe assassination of his nephew Archduke Franz Ferdinand at the hands of Serbian nationalist, Gavrilo Princip, Franz Joseph was persuaded to issue the intransigent ultimatum to Serbiain July 1914; this action led to World War I.
Toward the end of his life, Franz Joseph I became a universally revered man, a monarch that for all his defects and insufficiencies held together the rotting structure of the multinational state.
Gold Kronen contain 90 % pure gold, the balance being in silver. On the obverse side we find the portrait of Franz Josef I. There are versions featuring a younger portrait, where the Emperor is bearded with a thick moustache and wearing a laurel wreath on his head, and a more mature depiction on the 100 Krone coins, including the 1915 re-strike issue. The Emperor is facing right, while the words FRANC IOS I D G IMP AUSTR REX BOH GAL ILL ET AP REX HUNG are inscribed all around.
On the reverse we see the arms of Austria overlaid upon a crowned double-headed Imperial eagle. The coat of arms of Austria-Hungary was the country's symbol during its existence from 1867 to 1918 when the empire collapsed as a result of defeat in World War I. Atop the Imperial Eagle is the Imperial Crown worn by Holy Roman Emperors from the House of Habsburg.
The Imperial Eagle holds the Imperial Regalia or the crown jewels, the Imperial Sword, which was used during coronations, and the Imperial Orb, a symbol of divine right. In Byzantine heraldry, the two heads represent the Emperor having authority over both secular and religious matters, and facing both East and West for friend of foe. Inscribed we find the word CORONAE, together with the denomination of the coin and the year of issue also inscribed in Latin numbers.
The production of the Kronen coins
The Austrian Mint is one of the oldest institutions in Europe and has been producing innovative coinage and currency for over 800 years, carrying out both design and minting processes of the coins it produces.
Right from the outset the expert craftsmanship of the Vienna Mint played a vital role in the production of prestigious and timeless coins of the very highest standard. The engraving academy has been in existence since 1733 in Vienna and miniature works of art are still being created by its highly gifted and experienced designers.
The gold Kronen exquisitely crafted coins are minted in the very heart of Vienna and are highly sought after by investors and collectors all over the world.
The Austrian Mint Quality Assurance
These extremely attractive pieces of gold, issued by one of the oldest and finest mints in the world, offer exceptional value for their high purity in fine gold. They carry two great symbols of the Austro-Hungarian Empire, the portrait of the Emperor and the Imperial coat of arms. Coins that were in circulation fetch high prices, depending on their condition, while the 1915 re-strikes are a great investment as they also serve commemorative purposes being linked to the history of the Austria-Hungary Empire.
Selling Kronen coins
CoinInvest GmbH are one of the leading gold bullion coin dealers in Europe and are happy to hear from anybody with Austrian-Hungarian Kronen for sale. If you are in possession of any gold bullion contact a member of our friendly team who will happily prepare a quote on your behalf based on current market value. We promise to make a highly competitive offer based on current spot prices and will confirm a fixed price via email.