With the outbreak of the Second World War, however, Austria was annexed in 1938 to the Third Reich and, precisely because of this, the issuance of the national currency ceased. ![]() As a result of this situation, the State decided to introduce a new official currency, the “Shilling”, which came into force on January 1, 1925.Ī Shilling was made up of 100 Groschen who are nothing more than our common cents. However, the new Republic was faced with various problems due to the post-war situation.Īmong these, the devaluation of the “Corona”, at the time, official currency. Of course, our journey will cover recent history, that is, the history that immediately preceded the introduction of the Single European Currency.Īfter the end of the First World War in 1918, Austria went through a period in which it was preparing to establish a new republican government. All Euro Austria Coinsīefore doing this, however, it is necessary to take a brief journey through the history of Austrian Numismatics in order to understand how this country actually arrived at the Euro. In this article we will look at the Euro Austria Coins in order to evaluate not only their technical specifications but also all the characteristics, curiosities and values concerning these coins. Coins Online Auction: How does it work?.
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