Austria developed a very large gold coin named the One Hundred Coronas, issued amongst the yrs of 1908 and 1914, to commemorate the sixtieth anniversary of the reign of the Austrian Emperor, Franz Josef I. The coins were only generated right until 1914 and a mere sixteen thousand had been struck.
Immediately after the demise of Franz Josef in 1916, formal restrikes of the Austrian one hundred Corona gold cash had been issued. A restrike is only a coin that was originally minted for circulation that has been officially reproduced. The formal restrikes of the gold Corona bear the day of 1915 and were being issued as commemorative parts.
Here is some intriguing trivia about Emperor Franz Josef I:
Emperor Franz Josef I (1830-1916) dominated as both equally Emperor of Austria (1848-1916) and King of Hungary (1867-1916)
The Austro-Hungarian Empire was developed for the duration of his reign
Emperor Franz Josef I was the Uncle Of Archduke Franz Ferdinand
The Assignation of the Archduke Ferdinand in 1914 triggered World War one
Emperor Franz Joseph I was also the brother of Mexican Emperor Maximilian
The front of the Austrian a hundred Corona gold coin attributes the profile – bare head, experiencing right – of Franz Joseph I. The reverse displays a topped double-headed Imperial eagle that is superimposed on the Austrian Coat of Arms. On the edges of the Corona are the letters – VNITIS VIRIBVS.
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The Coronas are minted of .900 fantastic (21.6 karat) gold and have .9802 ounce of gold.
Austrian a hundred Coronas are what is acknowledged as lower-premium gold bullion cash. A minimal-quality gold bullion coin is a bullion coin that is sold at a extremely low high quality around the intrinsic gold worth of the coin.
Considering the fact that the Coronas are no more time getting minted, they are not promoted or marketed in any way. This is the purpose for their very low high quality about the spot price tag of gold. Other illustrations of very low-top quality gold bullion cash involve:
Mexican 50 Pesos restrikes
Hungarian 100 Korona restrikes
South African Krugerrands
The Austrian 100 Corona gold cash will typically promote involving 5 to fifteen p.c over the current place price tag of gold. You can usually discover the Coronas selling on on the net auction web-sites at or around location gold plus 5 per cent.