Austrian Corona Gold Coins

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Austrian Corona Gold Coins

Looking for a durable gold coin to add to your gold bullion collection? Try buying one of these Austrian Corona Gold Coins! These sturdy historic gold Austrian coins provide diversity and stability to a growing gold portfolio. Known as the Korona/Corona in Latin, the original name for these gold coins varied by region. Nowadays, Corona is the most common name used to refer to these wonderful Austrian coins. Coronas coins come in three sizes: 10 Coronas, 20 Coronas, and 100 Coronas. Furthermore, all sizes make a valuable addition to gold portfolios, so explore our Austrian Gold Corona options today!

History of Gold Coronas

Following the Austro-Hungarian Empire’s coin reform in 1892, production began on Gold Corona coins. Minted in 10, 20, and 100 denominations, these Austrian gold coins first appeared during varying years. 10 Gold Coronas and 20 Gold Coronas both were first produced in 1892. Afterward, 20 Coronas came onto the scene in 1908. Sales for Austrian Coronas surged after the legalization of private gold bullion ownership in 1974. 100 Coronas were commonly struck as a restrike in 1916 bearing a 1915 mint mark. Minted in order to commemorate the Emperor of Austria-Hungary, Franz Josef I, production of the gold Austrian coin greatly increased during that time. Furthermore, the original 100 Corona coins with earlier mint dates prove incredibly rare to find. Because this coin was among the first gold bullion coins procurable by US residents, Austrian Coronas maintain a special place in the heart of many experienced gold coin collectors. 

Design of the Gold Coronas

The obverse of the Gold Coronas features a large bust of Emperor Franz Joseph I, facing right. Latin characters encircle Franz Joseph’s head.

The reverse of these gold coins displays the coat of arms for the Austrian-Hungarian empire. This features a double-headed eagle holding a scepter and an orb. Also included are the name of the coin, date, and value. 

About the Austrian Mint

The history of the Austrian Mint extends all the way back until 1194. Richard the Lionheart paid around 12-15 tonnes of silver to the Duke of Austria at the time in order to secure his freedom after his imprisonment. This action unknowingly prepared the foundation for what later became the Austrian Mint. The Vienna Mint, the first official Austrian Mint mentioned in historical documents around 200 years later, became the sole mint of Austria around 1919. Since then, many coins have been produced at the Vienna Mint, including the famous Austrian Philharmonic coin. 

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