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Valuable groschen coins
Value of groschen from Austria
Whoever does not honor the penny ... is not worth the shilling. This is how one formulated in the Schilling era of Austria in terms of economy and the appreciation of small amounts of money. This can also be continued with cents and euros or other currencies - the basic idea has not changed.
What you probably didn't mean by the saying: Many penny pieces are actually worth many euros these days - if you had known this many years ago, you would probably have hoarded a few small coins for later ...
The most valuable groschen coins in Austria
Below you will find some groschen pieces from Austria that are now very popular with collectors. The from-to figures relate to collectors' values of coins in good to excellent condition. For very dirty or damaged coins, you have to expect discounts. Incidentally, the minting quality "Proof" (if available) is usually the most expensive variant of a coin issue.
If you are not a numismatist / coin collector yourself and have only found a few old groschen coins in shops, you will most likely not find these coins rated here - because only the most expensive coins of a type are described.
If you want to know more about the collector prices of Austrian coins, you would be well advised to buy an Austria Netto catalog. With coins that are not that rare, a little research on Ebay or in specialist shops is often enough.
1 groschen coins
The 1 groschen coins were first issued in 1923. The coins with the face value "100 Kronen = 1 groschen" from 1923 are significantly rarer than the 1 groschen coins from 1924. Between 10 and 40 euros can be redeemed for beautiful 1 groschen coins from 1923. Those born in 1924 only bring in between 1 and 10 euros.
Between 1925 and 1938, 1 groschen coins were minted every year. The most valuable year here is clearly the year 1931. With a circulation of just under 1 million pieces, this groschen coin yields between 30 and 100 euros. Ascending trend.
The 1938 edition is also relatively valuable (approx. 1.6 million pieces, between 10 and 40 euros). The other years are traded between 1 and 20 euros (depending on the condition of the coin).
One or two 1 groschen coins from 1947 will still be found quite often these days: With a total mintage of over 24 million pieces, the collector's value is rather modest. Most of the time you don't even get a euro for it (exception: top condition, hand-lifted coins or a polished record).
More details about the groschen here: 1 groschen coins
2 groschen coins
The issue from 1924 (200 crowns = 2 groschen) occurs relatively frequently and therefore has no noteworthy collector's value (1 to 10 euros).
From 1925 to 1938 there was another issue of 2 groschen coins each year, from which the year 1934 in particular stands out. You can redeem 20 to 80 euros for this year's coins. The year 1938 is also well above the other coins at 10 to 50 euros.
From 1950 the 2 groschen coins followed, which many of us still used ourselves (even if the last years were collected rather than issued). And here are a few quite remarkable coins:
In principle, the following applies to the 2 groschen coins minted from 1950 to 1994 (with breaks): Polished plates (PP) are always worth at least a few euros.
Particularly outstanding in this regard (proof) are the years 1951 (sometimes over 300 euros), 1950, 1952, 1954, 1957, 1962, 1967 and the younger semesters 1990, 1992, 1993 and 1994.
In 1967 there were only 13,000 polished plates (no normal edition), the same applies to 1969, 1970, 1971 and 1990. From 1992 to 1994 new 2-groschen pieces were only available in the KMS.
The years 1950 to 1966, 1984, 1985 and 1991 are already in demand for normal coins. From time to time, however, polished plates have also come into circulation - so make sure to look carefully, e.g. research prices on Ebay and never throw away such coins or even exchange them for cents.
More information here: 2 groschen coins
5 groschen coins
From 1931 to 1938 (with the exception of 1933 and 1935) 5 groschen coins were also issued. These copper-nickel coins have become very popular collector's items.
While those born between 1931 and 1936 were still trading between 1 and 40 euros, the 1937 year with 50 to 150 euros was much more in demand.
The most valuable 5 groschen coins are clearly from 1938: 500 to 1,000 euros are paid here for very nicely preserved coins.
The 5 groschen coins issued from 1948 to 1994 do not come close to these prices - but here too there are particularly expensive pieces: in particular, the years from 1948 to 1963 in polished plate as well as the editions 1993 and 1994 only available in the KMS are already in great demand.
The 1969, 1970 and 1971 issues were only available as a proof - here, too, you have to take 5 to 20 euros in your hand to purchase them.
Even the normal coins from 1961, 1981 or 1983 already bring nice prices, the years 1993 and 1994 only appeared in small editions in the KMS and are therefore a particularly hot tip for collectors.
Here is more about the: 5 groschen coins
10 groschen coins
In 1924 more than 72 million 1000 kroner coins (= 10 groschen) went into circulation - no wonder that you only get one or the other euro for these coins.
The following years 1925, 1928 and 1929 are old - but not particularly valuable either. The year 1928 is primarily sought here - after all, you can get up to 100 euros for nice 10 groschen pieces.
The 10 groschen issues from 1947 are available in a similar price range (10 to 50 euros), 1948 and 1949 are less valuable.
The last valid 10 Groschen series went into production (and in circulation) from 1951 to 2001. In case you want to complete a collection here: In 1954, 1956, 1958 and 1960 there were no 10 groschen coins.
Here, too, the polished plates from 1951 to 1963 are in great demand. The coins from 1999, 2000 and 2001 were just as expensive - they only came into circulation via KMS.
There are hardly any interesting years among the normal coins: 1951 and 1961 could perhaps gain a little in value because of a smaller mintage.
More details about the "tens" from Austria here: 10 groschen coins
20 groschen coins
Yes - in 1950, 1951 and 1954 20 groschen coins were also minted. Only the polished plates are sold dearly here (especially those born in 1954). In the case of normal coinage, the 1950 year is a little bit ahead of the other two years because of the smaller circulation - but you will hardly be able to redeem much more than 1 to 5 euros. Further information: 20 groschen coins
Half a shilling
It's hard to believe: there was also half a schilling once! In 1925 and 1926 the 50 groschen pieces were called "half shillings" - for half shillings you can expect 5 to 40 whole euros. More about this in the section: Half Schilling.
The 50 groschen coin from 1934 is in great demand - you can (or must) expect 40 to 300 euros here. The coin, also known as the night shilling (very similar to the shilling piece in bad light) due to its resemblance to the 1-shilling piece at that time (identical reverse), was soon withdrawn.
The edition following 1935 can be purchased between 3 and 200 euros - for the 1936 year, due to the small print run (1 million), significantly more is paid again: 50 to 400 euros.
The issues from 1946, 1947, 1952 and 1953 are more of a mass-produced item (except for 50 groschen of these 4 years in proof - especially 1946!) - but you can expect 1 to 10 euros here with good wind.
Unfortunately, the last coins in circulation in the 50 Groschen series are also quite uninteresting: Here, too, only the polished plates of the first issues (1959 to 1963) are halfway interesting.
The normal circulation coins will probably not get any collector's value anytime soon - but if you have coins from 1998, 1999, 2000 and 2001 (were only available in the KMS), you should not give them away lightly.
You can find more information about the 50 groschen here: 50 groschen coins
If you still find or have old groschen or schilling coins with a low face value and no great collector's value, please do not dispose of them anyway (an exchange at the ÖNB, which is often still possible, seldom pays off logistically) - maybe one day you will be happy one day young collector about the cornerstone of his new shilling and / or grosch collection ...
Here you can find a compact list (with details of the material) of: Groschencoins from Austria
And here is the overview of: Schilling coins from Austria
You can find an overview of the value of more expensive Schilling coins here: Valuable Schilling coins from Austria
And even more information on the respective shillings and groschen pieces can be found in the following sections:
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