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20 Kreuzers - Francis Joseph I
| Issuer | Vienna Mint |
|---|---|
| Year | 1868-1872 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | FRANC·IOS·I·D·G·AVSTRIAE IMPERATOR (Translation: Franz Joseph I, by the grace of God, Austrian Emperor) |
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| Reverse script | Latin |
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| Additional information |
These coins were struck in the immediate aftermath of the Ausgleich of 1867, which restructured the Habsburg empire into the dual Austro-Hungarian monarchy. The .500 fineness was a deliberate reduction from earlier silver standards, reflecting the fiscal strain Austria-Hungary carried out of its catastrophic defeat by Prussia at Königgrätz the previous year. The treasury needed coinage but could not afford full-silver issues.
The series was short-lived by design — Austria-Hungary adopted decimal coinage in 1857 and was steadily phasing out the Kreuzer denominations entirely by the early 1870s.