Austria Coins – Republic (from 1918) – Part 1
The coins of the Republic of Austria after 1918 reflect the profound political and economic changes that followed the end of the Austro‑Hungarian Empire. The introduction of the heller, groschen and schilling marked the reorganisation of the Austrian monetary system, accompanying periods of instability, inflation and successive reforms throughout the 20th century. The coinage of this era is characterised by republican iconography, the adoption of new metals and the modernisation of minting techniques. These issues represent the reconstruction of Austrian national identity and form an essential chapter in modern European numismatics.