The Krone (pl. Kronen) was the currency of Austria (then called Deutschösterreich) and Liechtenstein after the dissolution of the Austro-Hungarian Empire (1919) until the introduction of the Schilling (1925).
Coins included 20 and 100 Krone gold coins minted with the same standard as their Austro-Hungarian Krone counterparts.
To ease the introduction of the new currency, 100, 200 and 1000 Krone coins were minted right before 1925 with the same pa...
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The Krone (pl. Kronen) was the currency of Austria (then called Deutschösterreich) and Liechtenstein after the dissolution of the Austro-Hungarian Empire (1919) until the introduction of the Schilling (1925).
Coins included 20 and 100 Krone gold coins minted with the same standard as their Austro-Hungarian Krone counterparts.
To ease the introduction of the new currency, 100, 200 and 1000 Krone coins were minted right before 1925 with the same parameters as the equivalent Groschen coins (1, 2 and 10 Groschen) that replaced them.
According to the Treaty of St. Germain the newly created Republic of Austria had to overstamp the paper money circulating in its territory, then had to replace the overstamped banknotes with new ones, finally had to introduce a new currency.
To fulfil the first step, circulating banknotes were overstamped with the inscription DEUTSCHÖSTERREICH, and new banknotes were also issued with this feature. Later, still under the name Oesterreichisch-ungarische Bank,...
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