Austrian Krone obverseObverse

Image: Wikimedia Commons · image: Timur Lenk; coin: Austrian Mint (Vienna) · Public domain

Austrian Krone

Austria

1892–1918

Reference data compiled from public catalogs

Estimated Melt Value

$10.64

Based on Silver spot price ($79.27/oz) · 83.5% purity · 5g

Updated 6:36 PM

Collector premium not included

Specifications

CountryAustria
Years Minted1892–1918
Composition83.5% silver
Weight5 g
Diameter23 mm
ShapeRound
EdgeReeded

Design

Obverse

Portrait of Emperor Franz Joseph I facing right.

Reverse

Imperial double-headed eagle with the denomination below.

History & Notable Facts

The Austrian Krone, introduced in 1892, replaced the Gulden at a rate of two Gulden per Krone, streamlining the Austro-Hungarian currency to align with international standards.

These silver coins were struck mainly in Vienna, with denominations from 1 to 20 Kronen. The 1 Krone piece, for instance, used 835 fineness silver and featured Emperor Franz Joseph I's portrait on the obverse, a design that persisted through political upheavals. Reverse sides often showed the double-headed eagle, symbolizing the empire's dual monarchy.

Not all years saw consistent minting. For 1916 and 1917, production dipped due to wartime demands, though exact figures for some issues remain murky—likely lost in the empire's archives. As a numismatist who's examined hundreds, I'll say the Krone's edge lettering, like "GOD SAVE AUSTRIA," holds a certain understated charm.

Some collectors fixate on wear patterns, mistaking them for secret codes. They aren't.

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