Austro-Hungarian Empire | Silver Korona

The 1 Korona coin of the Austro-Hungarian Empire was introduced in the late 19th century as part of the dual monarchy’s effort to modernize and standardize its currency system. Struck in silver, it was aligned with the Latin Monetary Union standards, meaning it was close in weight and purity to other European silver coins of the time. The obverse carried the portrait of Emperor Franz Joseph I, whose long reign symbolized continuity during a period of rapid political and social change in Central Europe.

On the reverse, the coin featured the crowned imperial arms, representing both Austria and Hungary within the shared monarchy. Minted until the eve of the First World War, these coins circulated widely across the empire’s diverse territories, from Vienna to Budapest and beyond. They reflect not only the monetary policies of the empire but also the practical realities of trade and daily life in a sprawling, multiethnic state that would dissolve just a few years after the coinage ended.

Ancient Artifacts guarantees the Authenticity of items sold through a three layer system of protection: 

1. Ancient Artifacts exclusively sources artifacts from trusted and reputable antique distributors, many of whom have been selling Artifacts for decades.  
2. Next, the Artifact is inspected by an expert team member, who is professionally trained in counterfeit detection After the artifact passes inspection, the Certificate of Authenticity is signed and the Artifact is packaged. 
3. Finally, Ancient Artifacts gives an additional layer of protection by promising a full refund with no questions asked, in the extremely unlikely event that a counterfeit slips through our vetting process.

Your coin will look very similar to the ones shown in the photos.

Owning an Austro-Hungarian 1 Korona coin from the years before and during World War I is also relatively common, as they were minted in large numbers and struck in silver. Introduced in 1892 as part of the empire’s currency reform, the 1 Corona became a standard denomination within the dual monarchy’s monetary system. These coins were widely circulated throughout the empire’s many territories, and their silver content gave them both intrinsic value and durability. Their broad use in daily commerce meant they were produced in significant quantities through the late 19th and early 20th centuries. Before the outbreak of World War I, the 1 Corona coin represented the empire’s economic modernization and stability. During the war years, however, as Austria-Hungary’s economy came under increasing strain, silver coins like the 1 Korona were often pulled from circulation, hoarded, or preserved as mementos. Many survived as keepsakes passed down through families, offering a tangible link to the final decades of the Habsburg monarchy.