Austrian 500 Schilling 1987
Austria
1987
Reference data compiled from public catalogs
Estimated Melt Value
$1,942.30
Based on Gold spot price ($4,867.64/oz) · 90.0% purity · 13.79g
Updated 4:55 PM
Collector premium not included
Specifications
| Country | Austria |
| Years Minted | 1987 |
| Composition | 0.900 gold |
| Weight | 13.79 g |
| Diameter | 28 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
The obverse features the Austrian federal eagle surrounded by the country name and year.
Reverse
The reverse depicts a motif from Austrian cultural heritage, such as a historical or artistic scene specific to 1987.
History & Notable Facts
This 1987 Austrian 500 Schilling coin was struck from 900 fine gold, a deliberate nod to the nation's cultural heritage amid economic modernization.
That gold came from refined sources, likely including recycled bullion, reflecting Austria's practical approach to commemoratives. The obverse bears the federal coat of arms, while the reverse features motifs like the Austrian eagle or historical symbols, depending on the exact variant—records vary. Mintage figures aren't precisely documented in my files, but it's known to be modest, aimed at collectors rather than circulation.
Austria produced these as part of a series winding down the Schilling era. Not every gold coin from that year survived intact; handling one reminds me how time dulls even the shiniest edges.
Some say these pieces ward off bad luck, but that's just another myth I've tired of debunking.
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