Gold Coins From Hungary

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The Hungarian Gold Coins: Sizes and Designs

Hungary is a European country with a long and very rich history. It was established as an independent Magyar country in the 9th century and since then, has been repeatedly invaded by the Turkish Empire. Turkish invasions were the main reason why Hungary opted to form the Austro-Hungarian Empire. Franz Josef I, who became the King of Hungary in 1867, established the dual monarchy with the same military and foreign force, but with different and separate parliaments and administrations. Early Hungarian Gold coins were manufactured by the Kremnitz Mint (Kremnica Mint), located today in Slovakia. Most Hungarian Gold Coins carry similar denominations as Austrian Gold Coins due to the existence of the Austro-Hungarian empire between 1892 and 1918. For this reason, the most popular gold piece of the Hungarian and Austrian coinage history is the 100 Corona Gold Coin. Austro-Hungarian coins were issued of .900 pure gold in several denominations from 100 Korona Gold coin of. 9802 oz., to the 20 Korona Gold coin of .1960 oz. and the 10 Korona Gold coin of .0980 oz. Another well-known Hungarian Gold coin is the 20 Francs (8 Forints), struck of 0.1867 oz. of .900 pure gold. The coin was issued between 1870 and 1892 and featured the same design as the Austrian Gold Korona coins – the profile picture of the Hungarian King Franz Josef I. Hungarian Gold coins from the Austro-Hungarian period are one of the most popular gold coins due to their historical value and gold content of the highest purity.

The Hungarian Korona Gold Coins

The official circulating coin of the Austro-Hungarian empire, the Gold Corona, commemorates the crowning of Hapsburg Emperor Franz Joseph. On the obverse side of the Korona coin is depicted a full-length image of Franz Josef I, the Hungarian King and Austrian Emperor, as well as the King of the Croatia, Bohemia, Galicia, Lodomeria and Grand Duke of Cracow. Besides the king’s bust, on the obverse side of the coins is also engraved the legend in Latin and the date of mintage. On the reverse of the coin is depicted the majestic Austro-Hungarian Coat of Arms, the Habsburg (the ruling family until the empire was dissolved) coat of arms flanked by angels, along with the coin’s denomination and the inscription “Magyar Kiralysag” – Kingdom of Hungary.  

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