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1 Ducat Austria Restrike — Münze Österreich restrike with the 1915 date. Gross mass 3.4909 g, pure gold 3.4421 g, 0.986 fineness (Dukatengold), 19.75 mm diameter. Obverse: Franz Joseph I (Anton Scharff). Reverse: Habsburg double-headed eagle. LBMA Good Delivery (since 1962). Longest continuous restrike in numismatics, premium 3-5% over spot. VAT-exempt in the EU. GoldInvest24.
The Availability Of: Duża dostępność 500000 PCs.
Price: 2011.28
The 1 Ducat Austria Restrike gold coin is a new strike (restrike, German Nachprägung) of Münze Österreich — the Austrian state mint in Vienna — struck since 1920 with the original 1915 date as the reference date. The coin retains the full historic specification of the Austro-Hungarian ducat: gross mass 3.4909 g, pure-gold mass 3.4421 g, fineness 986/1000 (23.75 carats, classic "Dukatengold"), 19.75 mm diameter, obverse with the portrait of Emperor Franz Joseph I and reverse with the double-headed Habsburg eagle. The restrike has legal-tender status of the Republic of Austria — the longest continuous restrike in the history of numismatics (1920+ to date). The coin is VAT-exempt in the EU as a legal-tender coin with a fineness ≥900/1000 struck after 1800, with a typical market premium of 3-5% over spot — lower than on original circulation issues due to the absence of vintage collector value.
| Parameter | Value |
|---|---|
| Manufacturer | Münze Österreich (Vienna) — Austrian Mint, established 1194 |
| Series | 1 Ducat Austria — Nachprägung (new strike / restrike with date 1915) |
| Mintage years | 1920 - present (date 1915 as a permanent inscription on the coin) |
| Standard | Dukatengold — established 1612 by Matthias II of Habsburg |
| Gross mass | 3.4909 g (gold + small amount of copper) |
| Pure gold mass | 3.4421 g |
| Fineness | 0.986 fineness (23.75 carats, classic Dukatengold) |
| Diameter | 19.75 mm |
| Thickness | approx. 1.1 mm |
| Face value | 1 ducat — legal tender of the Republic of Austria (restrike status) |
| Obverse | Portrait of Franz Joseph I — inscription FRANC IOS I D G AVSTRIAE IMPERATOR |
| Reverse | Imperial Habsburg double-headed eagle, HVNGAR BOHEM GAL LOD ILL REX AA, date 1915 |
| LBMA status | Münze Österreich LBMA Good Delivery-accredited since 1962 |
| VAT in the EU | Exempt (legal-tender coin, fineness 986, struck after 1800, EU Directive 2006/112/EC Art. 344) |
| UK status | NOT CGT-free (CGT exemption applies only to British legal tender) |
| USA status | NOT IRA-eligible (IRS admits only American coins and selected bullion) |
| Packaging | Individual protective capsule |
Münze Österreich — the Austrian state mint based in Vienna — was established in 1194 and is the oldest continuously operating European mint. The first coins were struck from silver from the royal ransom that Leopold V Babenberg received from England for the release of King Richard the Lionheart in 1192. In over 800 years of uninterrupted activity, the Vienna Mint struck coins of all the dynasties ruling over Austria: Babenbergs, Habsburgs, Republic of Austria (1918-1938, 1945-present) and the short Anschluss period of Nazi Germany (1938-1945, when the mint operated under Berlin control).
The period of greatest prestige was reached by the Vienna Mint in the era of striking imperial Habsburg ducats 1612-1915. The Dukatengold standard (fineness 986/1000) was established by Emperor Matthias II of Habsburg in 1612 — higher than most European gold coins, which made the Austro-Hungarian ducat the preferred currency in 18th-19th century international trade. In 1857 the Austro-Hungarian monetary reform took place (gulden replacing the thaler), and in 1892 — another currency reform introducing the Austro-Hungarian crown (1 gulden = 2 crowns). The ducats, however, remained in continuous production as a trade coin until the end of the monarchy in 1915.
After the First World War and the fall of the Austro-Hungarian monarchy in 1918, Münze Österreich, as the Republic of Austria, decided to continue striking ducats in 1920 — with the original 1915 date as a fixed reference date. The restrike was introduced in response to West European market demand (mainly Germany, Switzerland, the United Kingdom) for classic ducat coins — popular with investors due to the high 986 fineness and historic prestige. The restrike retained the full specification of the originals: mass, fineness, diameter, obverse, reverse, inscriptions — differing from the originals only in production method (modern dies, more uniform relief).
In 1989 Münze Österreich introduced the Vienna Philharmonic — a new flagship bullion series with fineness 999.9 (from 1989 for gold, from 2008 for silver, from 2016 for platinum). The Vienna Philharmonic quickly became one of the 5 most popular bullion coins in the world and the main commercial product of the mint. Ducats (1 and 4 ducats) and crowns (10, 20 and 100 crowns) remain in production as historic restrikes, directed mainly at investors appreciating classic designs and the higher Austrian finenesses. The mint also produces commemorative coins, state medals and circulation coins for other states (including Bosnia and Herzegovina).
Münze Österreich has held LBMA (London Bullion Market Association) Good Delivery accreditation since 1962 — the highest international refining standard for the production of investment gold. The LBMA accreditation guarantees that all Münze Österreich products (Philharmonics, ducats, crowns, bars) meet the highest standards of purity, weight accuracy and alloy quality. The mint is a subsidiary of Oesterreichische Nationalbank (the Austrian National Bank) — the central bank of Austria — which ensures state status and government guarantee for all issues.
The obverse of the 1 Ducat Austria Restrike coin features the portrait of Franz Joseph I (1830-1916, reign 1848-1916) — the longest-reigning Habsburg (68 years on the throne). The emperor is shown in right profile, with beard and moustache in the style known from official portraits of the late 19th century. Around the portrait is the Latin inscription FRANC IOS I D G AVSTRIAE IMPERATOR — "Franz Joseph I, by the Grace of God Emperor of Austria" — the standard titular formula used on Austrian coins since the 1872 reform.
The designer of the 1872 design is Anton Scharff (1845-1903) — a Viennese medallist and engraver, chief medallist of the Vienna Mint at the end of the 19th century. Scharff designed most Austro-Hungarian coins of the Franz Joseph I era: ducats (1872), 4 ducats (1872), Austro-Hungarian crowns (from 1892) and numerous commemorative medals. His style is characterised by high portrait quality — Scharff depicted the emperor with photographic accuracy, reflecting all physiognomic features (beard, moustache, hairstyle), which made the coins instantly recognisable and reinforced the prestige of the monarchy.
The 1915-dated restrike retains Scharff's 1872 portrait design (older head of Franz Joseph, with beard and moustache) — earlier portraits of the younger emperor (until ca. 1872) are not reproduced in the restrike. The 1872 design dominated original production (1872-1915) and is the only design used in the restrike. For the investor and collector this means that all Münze Österreich restrike ducats (1920-present) have an identical obverse — no portrait variants or stylistic modifications occur.
The obverse inscription FRANC IOS I D G AVSTRIAE IMPERATOR (Franciscus Iosephus I Dei Gratia Austriae Imperator) is the standard formula used on Austrian and Austro-Hungarian coins since 1872. The abbreviated form "FRANC IOS I" means Franz Joseph I, "D G" — "Dei Gratia" (by the Grace of God) — the traditional titulature of European monarchs harking back to the medieval theory of the origin of power. "AVSTRIAE IMPERATOR" — Emperor of Austria — is the central title on the obverse, while the full Austro-Hungarian monarch's title (including also Hungary, Bohemia, Galicia) is on the reverse of the coin.
The reverse of the 1 Ducat Austria Restrike coin features the imperial Habsburg double-headed eagle (Doppeladler) — symbol of the Austrian Empire since 1804 and of the Austro-Hungarian monarchy since 1867 (after the Ausgleich — the Austro-Hungarian Compromise). The eagle is depicted with two heads turned in opposite directions, crowns above each head, sceptres and a sword in the talons, and smaller coats of arms of the Habsburg states on the shield. The reverse also bears the date 1915 (fixed on all restrikes) and the inscription HVNGAR BOHEM GAL LOD ILL REX AA.
The two heads of the eagle symbolise the two parts of the dualistic Austro-Hungarian monarchy — the Austrian Empire (eastern head, facing right from the viewer's perspective) and the Kingdom of Hungary (western head, facing left) — joined into a single state organism under one monarch (Franz Joseph I), but with separate administrations and parliaments. Each head has its own crown: the crown of the Austrian Empire (Hauskrone of Rudolf II from 1602) and the Crown of Saint Stephen (the Crown of the Kingdom of Hungary from the 10th century). The sceptres in the eagle's talons represent imperial (right) and royal (left) authority.
The inscription HVNGAR BOHEM GAL LOD ILL REX AA — the Latin abbreviation Hungariae Bohemiae Galiciae Lodomeriae Illyriae Rex, Archidux Austriae — means "King of Hungary, Bohemia, Galicia, Lodomeria, Illyria, Archduke of Austria". It is the abbreviated title of Franz Joseph I covering the main Habsburg states: Hungary (Hungaria), Bohemia (Bohemia), Galicia and Lodomeria (Austrian province of Poland, today's southern Poland and western Ukraine), Illyria (Slovenia, Croatia, parts of Dalmatia). The abbreviations "REX" (king) and "AA" (Archidux Austriae — Archduke of Austria) close the titulature.
The double-headed eagle design from 1872 — by Anton Scharff — is the standard for all Austro-Hungarian ducats of issues 1872-1915 and Münze Österreich restrikes 1920-present. The central shield of the eagle contains the smaller arms of the constituent states of the monarchy — including the arms of Bohemia (two-tailed lion), the arms of Galicia, the arms of Illyria. The remaining heraldic space is filled with symbolic elements: laurel sprays (victory) and palms (peace), which, combined with the sword and sceptre, express the balanced concept of Habsburg imperial authority — military strength to maintain the multi-ethnic state combined with the pursuit of internal peace.
Check the status of the coin — original (Originalprägung) or restrike (Nachprägung). The Münze Österreich restrike ducat bears the 1915 date as a fixed inscription — regardless of the actual year of production (1920+). Original circulation issues (1872-1915) bear different annual dates and have a higher collector value than restrikes, but also a higher market premium (typically 4-8% vs 3-5% on restrikes). For an investment strategy focused on gold content, the restrike is optimal — identical bullion weight (3.4421 g), lower premium.
The market premium on Münze Österreich restrike ducats typically holds in the range of 3-5% over spot — lower than on original circulation issues (4-8%), but higher than on mass-bullion coins of 999.9 fineness (Maple Leaf, Krugerrand, typically 4-7%). This results from the smaller production scale of restrikes compared to the main bullion coins — but lower production costs compared to original historic issues. A small coin (3.4421 g pure gold = approx. 1/9 oz) has a lower percentage premium than fractional 1/10 oz coins (typically 8-15%).
Check authenticity and weight — the Münze Österreich restrike ducat weighs 3.4909 g gross with state-mint tolerance. The 986/1000 fineness is one of the highest among historic gold coins — the ducat is soft to the touch (small amount of copper in the alloy), which may cause light scratches on the surface during careless handling. Each coin is delivered in an individual protective capsule to preserve the surface and facilitate identification of authenticity (dimensions 3.4909 g / 19.75 mm / fineness 986).
Check the manufacturer — all authentic restrike ducats come exclusively from Münze Österreich (Vienna). The mint is a subsidiary of the Austrian National Bank and the only entity legally entitled to strike Austrian ducats with the 1915 date. Strikes from other mints (e.g. contemporary East European copies) are counterfeits or illegal restrikes, regardless of declared fineness. Standard mint markings (Münze Österreich mark) are subtle and require examination under a magnifier — therefore purchase documents from a certified dealer are important for later resale.
| Feature | 1 Ducat Restrike | 1 Ducat Original | 4 Ducats Original | 4 Ducats Restrike | 20 Crowns |
|---|---|---|---|---|---|
| Status | Restrike (1920+) | Original 1872-1915 | Original 1872-1915 | Restrike (1920+) | Restrike (1920+) |
| Pure gold | 3.4421 g | 3.4421 g | 13.7684 g | 13.7684 g | 6.0975 g |
| Gross mass | 3.4909 g | 3.4909 g | 13.9636 g | 13.9636 g | 6.7751 g |
| Fineness | 0.986 | 0.986 | 0.986 | 0.986 | 0.900 |
| Diameter | 19.75 mm | 19.75 mm | 39.5 mm | 39.5 mm | 21.0 mm |
| Obverse | Franz Joseph I | Franz Joseph I | Franz Joseph I | Franz Joseph I | Franz Joseph I |
| Designer | Anton Scharff | Anton Scharff | Anton Scharff | Anton Scharff | Anton Scharff |
| Typical premium | 3-5% | 4-8% | 5-10% | 4-7% | 3-6% |
See the entire gold investment coins category available at GoldInvest24.
The 1 Ducat Austria Restrike is a new strike (restrike, German Nachprägung) struck by Münze Österreich since 1920 with the original 1915 date as the reference date on the coin. It retains the full historic specification of the Austro-Hungarian ducat: gross mass 3.4909 g, pure gold 3.4421 g, fineness 986/1000 (Dukatengold, 23.75 carats), 19.75 mm diameter. Obverse: portrait of Franz Joseph I, design by Anton Scharff. Reverse: Habsburg double-headed eagle. Status: legal tender of the Republic of Austria.
Gross mass 3.4909 g (gold + small copper), pure-gold mass 3.4421 g, 0.986 fineness (classic Dukatengold), 19.75 mm diameter, approx. 1.1 mm thickness. Manufacturer: Münze Österreich (Vienna), LBMA Good Delivery accreditation since 1962. Obverse: portrait of Franz Joseph I (Anton Scharff, 1872), inscription FRANC IOS I D G AVSTRIAE IMPERATOR. Reverse: Habsburg double-headed eagle, inscription HVNGAR BOHEM GAL LOD ILL REX AA, date 1915.
The Dukatengold standard (fineness 986) was established in 1612 by Matthias II of Habsburg. Münze Österreich was founded in 1194 — the oldest operating European mint. Original ducats were struck 1872-1915 (Anton Scharff design). After the First World War (1918) and the fall of the monarchy, the Republic of Austria continued ducat striking from 1920 with the 1915 date as a fixed inscription — the longest continuous restrike in the history of numismatics. LBMA accreditation since 1962, Vienna Philharmonics since 1989.
Restrike (Nachprägung) — new strike of Münze Österreich 1920-present with the 1915 date as a fixed inscription, regardless of actual year of production. Premium 3-5% over spot. Original (Originalprägung) — historic 1872-1915 original, various annual dates, higher collector value. Premium 4-8% over spot. Technical specification identical (3.4909 g gross, 3.4421 g pure gold, 0.986 fineness, 19.75 mm diameter). For an investment strategy focused on bullion, the restrike is optimal (lower premium).
For individual investors valuing the high 986 fineness (Dukatengold) and classic historic designs — lower premium than original circulation issues, but identical bullion weight. For those building a portfolio of Austrian Habsburg coins (Münze Österreich) as a core due to availability and low premium. For buyers of small gold weights (1/9 oz) seeking an alternative to fractional bullion coins — the ducat has a lower premium than 1/10 oz Maple Leaf or Philharmonic.
LBMA Good Delivery — YES, Münze Österreich LBMA-accredited since 1962 (the highest international refining standard). VAT in the EU — EXEMPT (legal-tender coin, 0.986 fineness ≥ 0.900, struck after 1800, market price ≤180% of gold value — meets EU Directive 2006/112/EC Art. 344 and Polish VAT Act Art. 122). CGT-free in the UK — NO (CGT-free status applies only to British legal tender). IRA-eligible in the USA — NO (the IRS admits only American coins and selected modern bullion).
Place an order in our shop with access to the full gold investment coins category, the complete offer of Austrian Habsburg coins (1 and 4 ducats original and restrike, 20 and 100 crowns) and products of other LBMA mints. Check the current gold quotes to compare the premium against the current spot price. Technical descriptions and specifications are available in PL / DE / EN language versions — particularly valuable for Austrian historic coins with numismatic terminology in three languages.
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