Austria 20 Crowns - Gold Restrike - Gold Investment Coin

Austria 20 Crowns - Gold Restrike (reissue)

The 20 Austrian Crown gold coin is a popular collector’s and investment coin that was originally minted in Austria-Hungary. The term “restrike” means that this is a newer minting, produced later but based on the original design.

Obverse of the coin:

A portrait of Franz Joseph I, Emperor of Austria and King of Hungary. Inscriptions in German listing the monarch’s titles.

Reverse of the coin:

A double-headed eagle with a crown, the coin’s denomination “20 kronen,” and the year of minting.

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These coins are highly prized not only for their historical value but also for the quality of their gold. Restrikes do not necessarily correspond to a specific historical year, as they are minted more recently, often in limited quantities for collectors.

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Münze Österreich, also known as the Austrian Mint, is one of the world’s leading mints. It strikes all of Austria’s circulating coins as well as prestigious collector coins and medals

Throughout the mint’s history, a wide variety of minting methods have been used. For example, until the 16th century, a hammer was used for minting, followed by roller, rocker, and screw presses. From 1830 to the present, a ring-type coin press has been used for minting, which is currently capable of striking up to 750 coins per minute.

Over the years, several other mints were established in Austria—for example, in Graz, Krems, Salzburg, and Innsbruck. In 1918, when the Republic of Austria began to take shape, the Vienna Mint became the main mint for Austria. It has retained this status to this day.

Coins from this mint are sought after by investors and collectors around the world. One of the Austrian Mint’s most internationally recognized coins is the Maria Theresa Taler. It was first struck in 1780, the year the empress died. Today, it is the most famous silver coin in the world and also the coin with the highest mintage. Another well-known coin is the gold investment coin called the Wiener Philharmoniker.

Among other things, Münze Österreich also supplies gold investment bars, which are produced for it by the Argor-Heraeus S.A. refinery, in which it also holds a one-quarter stake.