Austria Babenberger

1) Recognition - Name - Country of Origin
The Babenberger Gold Coin from Austria was first issued on October 22, 1976, by the Austrian Mint (Münze Österreich). It is a significant bullion coin known as the "Babenberger." The name "Babenberger" refers to a historic Austrian margrave and ducal dynasty that ruled before the Habsburg monarchy in Austria.

2) Description of the Coin
The obverse (front) of the Babenberger Gold Coin features the portrait of Friedrich II, a Duke of Austria who reigned from 1230 to 1246. He is depicted on horseback with a picturesque Alpine landscape in the background. The inscription "EINSETZUNG DER BABENBERGER" (Inauguration of the Babenbergers) and the time span "976 - 1976" are inscribed in the peripheral area. On the reverse (back) of the coin, the Austrian federal coat of arms is displayed, featuring an eagle holding a hammer and a sickle in its claws, topped with a mural crown. The inscription indicates the issuing country and the denomination.

3) Face Value - Legal Tender - Value
The Babenberger Gold Coin has a face value of 1000 Schilling (Austrian Schilling). During its issuance, it served as legal tender in Austria. Since December 31, 2001, following the introduction of the Euro, the coin has been demonetized and is traded solely as a bullion investment coin. Its value is based on the gold content and is determined by the current market price of gold.

4) Other Units - Denominations
The Babenberger Gold Coin was issued in a single denomination.

5) Special Features - Minting Years - History - Mintage
The Babenberger Gold Coin was issued to commemorate the 1000-year anniversary of the establishment of the Babenberger dynasty in the year 976. It was the first gold coin denominated in Schilling of the Second Austrian Republic, which emerged after the end of World War II. The coin symbolizes the historical milestone of 976 as the birth of present-day Austria. The obverse design was created by Gertrude Simon, while Martha Coufal-Hartl was responsible for the reverse design. The Babenberger Gold Coin had a mintage of 1.8 million pieces and has become a fascinating collector's item and a popular choice for bullion investment.