A rare gold coin from 1918 is making headlines in the world of collectibles. This special coin was made for Charles I, the last king of Hungary and emperor of Austria. It is thought to be the only one of its kind that is privately owned. This coin is up for auction on June 20, 2024, by Künker, and it has a fascinating history connected to World War I and the fall of the Habsburg monarchy.
The Gold Coin of Charles I
What is the 20-Corona Coin?
The coin in question is a 20-corona gold coin issued in 1918. It was made for Charles I, who was also known as Karl IV. This coin represents a significant moment in history as it was created shortly before he was forced to leave his throne during a turbulent time in Europe.
Historical Context
Charles I became the emperor of Austria in 1916 after the death of Franz Joseph I. He was related to Franz Joseph and took the throne during World War I. Charles attempted to negotiate peace with the Allies but was not successful. After the war, he had to give up his position when a republic was declared in Austria.
The Coin’s Rarity
This coin is not just valuable because of its gold content; it is extremely rare. It is cataloged as Friedberg-259 in the book “Gold Coins of the World” by Arthur L. and Ira S. Friedberg. Most of the coins from Charles I’s reign are in museums, making this one special because it is the only one available for sale to collectors.
| Feature | Details |
|---|---|
| Coin Name | 20-Corona Gold Coin |
| Year of Minting | 1918 |
| Issued for | Charles I (Karl IV), last Emperor of Austria and King of Hungary |
| Historical Context | Issued during World War I; represents the fall of the Habsburg monarchy |
| Rarity | Only known example in private hands; most are in museum collections |
| Condition | Extremely Fine |
| Auction Date | June 20, 2024 |
| Auction House | Künker |
| Estimated Value | €150,000 ($162,931 U.S.) |
| Notable History | Coin believed to be given to a caregiver by Charles I before his death |
| Death of Charles I | Died of Spanish flu on April 1, 1922, at age 35 in Madeira, Portugal |
The Life of Charles I
From Rise to Fall
Charles I ascended to the throne in November 1916. He was determined to bring peace to the war-torn region but struggled to find a solution. Following the Armistice of November 11, 1918, he gave up his role in government, but he never officially abdicated. The next day, Austria declared itself a republic, and in April 1919, Charles was removed from power and forced into exile.
His Death and Legacy
Charles I died on April 1, 1922, at the young age of 35 due to the Spanish flu. His life and reign were marked by conflict and a desire for peace, which ultimately led to his downfall.
Conclusion
The 1918 gold 20-corona coin from Hungary is a remarkable piece of history linked to Charles I. It represents not only a royal figure but also the larger events of World War I and the end of the Habsburg monarchy. As it goes up for auction with an estimated value of €150,000, it attracts interest from collectors who appreciate its rarity and significance. This coin reminds us of a significant time in history, highlighting the personal stories behind the currency we see today.
FAQs
1. What is the 20-corona coin?
The 20-corona coin is a gold coin minted in 1918 for Charles I, the last emperor of Austria and king of Hungary. It is highly rare and historically significant.
2. Why is this coin so valuable?
This coin is valuable because it is the only known example in private hands. Most coins from this period are in museums, making it highly sought after by collectors.
3. What was the significance of Charles I?
Charles I was a key figure during World War I. He tried to negotiate peace and faced challenges when the Habsburg monarchy ended. His reign represents a pivotal moment in European history.
4. When will the auction take place?
The auction will take place on June 20, 2024, by Künker in Osnabrück, Germany. Bidders can participate in person or online.
5. How much is the coin expected to sell for?
The coin has a pre-sale estimate of €150,000, which is about $162,931 U.S. However, its final price could be higher depending on the interest from collectors.