Hungary 1892-KB korona

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Sincona sale 43, lot 2838
This specimen was lot 2838 in Sincona sale 43 (Zurich, October 2017), where it sold for 100 CHF (about US$119 including buyer's fees). The catalog description[1] noted,
"Franz Joseph I. 1848-1916 Krone 1892 KB. Kremnitz. Selten. Vorzüglich. (empire of Austria, Francis Joseph I, 1848-1916, corona of 1892, Kremnitz mint, Rare, Extremely fine.)"
When Bismarck kicked Austria out of Germany after the war of 1866, German and Austrian coins began to diverge. The thaler was abandoned in 1872 for the florin, which in turn was superseded by the corona in 1892. The corona was used through World War One and briefly even after as the truncated republic of Austria tried to organize its affairs. This type was struck in Hungary 1892-96 and 1906. A slightly different design was minted in Austria (KM 2804) but both were minted to the same standard, that of the French franc.

Recorded mintage: 15,000, a rare date.

Specification: 5 g, .835 fine silver, this specimen 4.93 g.

Catalog reference: KM 484, Herinek 807. Jaeckel 405.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012..
  • [1]Richter, Jürg, Auction 43: Silver Coins and Medals, Zurich: Sincona AG, 2017.

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