Hungarian Gold Coins - The Hungarian Korona 20 Is a Classic Gold Piece - By: Christina A. Goldman

The Hungarian 20 Korona gold coin has known an illustrious history since it was first minted in 1892. With a .900 fineness and actual gold content of .1960 Troy ounces, the coin was meant to commemorate the crowning of Emperor Francis Joseph the First of Austria in 1848.

Emperor Franz Joseph the First reunited Hungry in Austria as an empire in 1867, but his history is riddled with unfortunate incidents and tragedies. Brother Maximilian was executed in 1867 by Mexican firing squad. His son Rudolf died in 1889 after committing suicide. And Karl Ludwig, his brother died in 1896. Finally, Italian anarchists assassinated his wife in 1898.

One more interesting fact about Emperor Franz Joseph's family history - his nephew, Franz Ferdinand is most well known for his assassination in Sarajevo in 1914. That tragic event, for all intents and purposes, propelled the world into the Great War.

Hungarian gold coins were minted with the same denomination as Austrian coins. The Hungarian 20 Korona, the most well known of Hungarian coins, offers a likeness of Emperor Francis Joseph facing right.

Hungarian gold coins offer both high collector and investor value. The most sought after variety of those are the coins that were minted between 1879 and 1908. The popular 1893 Hungarian 10 Korona and the 1908 Hungarian 100 Korona re-strike are the favorites. With exquisitely detailed renditions of angels, crests, and renditions of Franz Joseph, Hungarian gold coins are available in various denominations, grades, and mintage.

Prices for Hungarian gold coins may range from $200 to nearly $1,000 depending on the year struck. Availability, grade, and coin denominations are all factors that determine the ultimate value of the coins. For collectors and investors looking for unique pieces that stand the test of time, Hungarian gold coins will remain popular favorites.

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