1896, Kingdom of Hungary. Franz Josef I. Silver Korona.

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1896, Kingdom of Hungary. Franz Josef I. Silver Korona . Scarce millenium commemorative issue with low mintage!Mint year: 1896 Reference: KM-487 Denomination: Korona Mint place: Kremnitz (KB) Material: Silver (.835) Diameter: 23mm Weight: 4.95gm Obverse: Bust of Francis Joseph right, wearing crown of Saint Stephen. K.B. (Kremnitz) at bust´s base. Legend: AZ EZEREVES MAGYARORSZAG EMLEKERE 1896 . 1 KORONA . Reverse: Historical scene of Hungarian History (arrival and Victory of king Károly Róbert of Anjou). The Korona (osztrák-magyar korona) was the official currency of the Austro-Hungarian Empire from 1892 (when it replaced the Forint as part of the adoption of the gold standard) until the dissolution of the empire in 1918. The Holy Crown of Hungary ( Magyar Szent Korona , Latin: Sacra Corona ), also known as the Crown of Saint Stephen , is the only crown known today with "holy" attribute.The Hungarian coronation insignia consists of the Holy Crown, the sceptre, the orb, and the mantle. Since the twelfth century kings have been crowned with the still extant crown. The orb has the coat-of-arms of the Hungarian king Károly Róbert of Anjou (1310-1342); the other insignia can be linked to Saint Stephen.The Crown was bound to the Lands of the Crown of Saint Stephen, (sometimes the Sacra Corona meant the Land, the Carpathian Basin, but it also meant the coronation body, too). ( see more: Doctrine of the Holy Crown ) No king of Hungary was regarded as having been truly legitimate without being crowned with it. In the history of Hungary, more than fifty kings were crowned with it (the two kings who were not so crowned were Sigismund Johann II and Joseph II). Authenticity unconditionally guaranteed! Bid with confidence! Franz Josef I (English: Francis Joseph) Emperor of Austria, king of Hungary, (1830-1916), born in Vienna. The last significant Habsburg monarch.Franz Josef was the eldest son of Archduke Franz Karl (Francis Charles), who was brother and heir of Austrian Emperor Ferdinand I. Because his father renounced his right to the throne, Franz Josef became emperor when Ferdinand abdicated near the end of the revolution of 1848.By the time Franz Josef stepped onto the throne, Austria's position as a European "great power" was already in serious decline. Three external factors furtd Austria's decline. 1. -- Austria's "betrayal" of Russia in the Crimean War (1853-1856) seriously damaged Austro-Russian relations. Lingering Russian ill will was a factor in the July (1914) Crisis which led to the outbreak of WWI. 2. -- The unification of Italy provided a new threat to the empire. In the decade that followed, Austria lost nearly all of its Italian possessions, such as Lombardy and Venetia. 3. -- The rise of Prussian dominance of the German Confederation, and Austria's loss of the Austro-Prussian war in 1866. German unification in 1871 made Austria the lesser of the two German powers. Austria was weakened by these reverses. Franz Josef had little choice but to negotiate with Hungary on its demands for autonomy. Austria and Hungary agreed to create a dual monarchy in which the two countries would be equal partners. Under the empire of Austria-Hungary, as it was known after 1867, Hungary had complete independence in internal affairs, but the two countries acted jointly in foreign affairs. (This fact contributed to the slowness of A-H's response to the murder of Franz Ferdinand). The same year, Franz Josef and Elizabeth were formally crowned king and queen of Hungary. (Franz Josef married Elizabeth, daughter of Duke Maximilian of Bavaria, in 1854. They had one son, Rudolf, and three daughters.) As the dual monarch, Franz Josef planned to grant some form of self-government to the Austrian Slavs, but the German and Magyar elites who actually controlled the empire opposed any sharing of power. The resulting dissatisfaction among Austrian Czechs and Serbs further weakened the Habsbur... read more

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