AUSTRIA 10 groschen 1952 Proof


AUSTRIA, SECOND REPUBLIC, 10 groschen, 1952, aluminum, KM2874, Proof

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The second Austrian Republic was created by an agreement between the four victorious occupying powers of World War II. The basic idea was that Austria had been invaded by Nazi Germany and that the new Republic was in some way reestablishing the pre-war status quo. That wasn’t quite historically accurate, but it allowed things to move forward.

In the aftermath of the Napoleonic wars the old Holy Roman Empire was dissolved and reformulated as the Austro-Hungarian Empire. That political arrangement was held together by force of arms until it was smashed by World War I, when the empire was broken into several states. The Austrian national state was annexed by Nazi Germany, and was reestablished as an independent nation after World War II.

The political arrangements that resulted in the nations of modern Europe began to emerge out of anarchy starting in the 7th century AD or so. Europe, for our purposes stretches from Greenland to somewhere in Russia. Collectors of Europe would likely include Russia. Collectors of Asia, even though about 2/3 of Russia is in Asia, probably not.

By “Modern World Coins” we mean here, generally, the round, flat, shiny metal objects that people have used for money and still do. “Modern,” though, varies by location. There was some other way they were doing their economies, and then they switched over to “modern coins,” then they went toward paper money, now we’re all going toward digital, a future in which kids look at a coin and say “What’s that?” We’ll say: “We used to use those to buy things.” Kids will ask “How?” The main catalog reference is the Standard Catalog of World Coins, to which the KM numbers refer.