Small ducat (Münze Österreich)
The most popular gold coin in southern and southeastern Europe is the Frances Joseph coin. The product of Münze Österreich mint has a long history and rich tradition. The name “ducat” is reserved primarily for special kinds of gold coins made according to historical events that are specific in weight, clarity and diameter. It is generally accepted that the first coins in history were introduced by the Venetians in the 13th century. The literal translation of the word ducat is a “prince” or a “duke”.
The Frances Joseph coin was first printed in 1872. It was used as a wedding present, decoration or investment for the future, but also as means of payment in international business. 1915 is the last year the coin was made, and that is the year referenced in all later reproductions. The coin is made with specific share of gold, 986/1000. There are two kinds of this coin that vary in weight – a small or single coin weighs 3.49 grams and is 20 millimeters in diameter.
Austrian mint Münze Österreich is owned by the Central Austrian bank. It is one of the oldest mints in the world. In historical data, it was first mentioned in 1371 but the actual history is about two centuries longer. There is an interesting story about its beginnings. On his way back from the Crusades, Richard the Lionheart was apprehended in Austria (due to a prior offence towards Duke Leopold V) Richard paid 15 tons of silver in ransom. Leopold decided to use the silver to make coins, thus starting the first mint business in Vienna. Along with coins, Münze Österreich produces Austrian euro coins, as well as commemorative medals.
Auro Domus is their official partner in Croatia.