There are few European mints as well-known as the Austrian Mint. The Austrian Mint has a history as rich as the country itself. Want to learn more about the Austrian Gold Ducat? Read on to learn more about the Austrian ducat, its history, and the different types of ducats they are.
History of the Gold Ducat
The ducat coin was used as a trade coin in Europe from the 13th to 19th centuries. The Austrian Gold Ducat originated in Austria in 1511 and gained international acceptance over the centuries. As a result, the gold ducat circulated preceded the modern British pound as well as the United States dollar. The Gold 1 Ducat was originally issued as a “Trade Coin” for large transactions between neighboring countries, but are now valued for their Gold bullion content and beautiful design. As a result in 1915, a restrike of these coins was issued by the Austrian Mint after regular production was ceased during World War 1.
The restrike versions of these coins are considered one of the most beautifully struck coins by the Austrian Mint. Each design provides beauty and elegance.
Design of the AGD
So, this coin is known for its appealing right head of Emperor Franz Joseph I of the Austro-Hungarian Empire on the obverse side. Joseph was the Emperor of Austria and the longest-reigning king of Hungary during the Austro-Hungarian Empire. The coin contains .986 fine gold purity and .1106 ounces of gold. On the reverse side, is a crowned imperial double headed eagle and shield of the Hapsburg Dynasty- Emperor Joseph was the final ruling member. As a result, the ducat has one of the most complex designs.
Are you ready to add this coin to your collection? Bullion Express may have this in stock for you at a competitive price. Enhance your Gold collection by adding this Austrian Gold 1 Ducat to your cart today!