Austrian schilling

Shilling
Country:	Austria
Subdivision:	100 groschen
ISO 4217 code :	ATS
Abbreviation:	S, öS
Exchange rate : (fixed)	1 EUR = 13.7603 ATS 1 ATS = 0.0726728 EUR
Issuer :	OeNB

The schilling was the currency of the Republic of Austria from 1925 to 1938 and from 1945 until the introduction of the euro on January 1  , 1999 and then legal tender until February 28, 2002 . After Austria was " annexed " to the German Reich in March 1938 (see also: Austria in the time of National Socialism ), the Reichsmark was the currency until 1945.

The shilling was divided into 100 groschen .

Introduction, First Republic and Corporate State (until 1938)

The Schilling , with the shilling bill law adopted December 20, 1924, introduced on March 1, 1925 replaced by inflation following the First World War devalued currency of the Austro-Hungarian monarchy , the crown . At the end of 1922, the federal government Seipel I was granted a loan of 650 million gold crowns in the Geneva Protocols by the states of the League of Nations . In return, Austria had to undertake to shut down the printing press and submit to the financial control of the League of Nations.

On November 14, 1922, the Oesterreichische Nationalbank was founded (it replaced the " Austro-Hungarian Bank, Austrian Management " which was in liquidation ), whose most important task was to ensure the stability of the currency. By law (BGBl 461/1924) the value of the shilling was then set at 10,000 (paper) crowns or 0.21172086 grams of fine gold (with an unlimited redemption obligation), after a law of December 21, 1923 (BGBl 635 / 1923) 10,000 kroner silver coins called "shillings" (and corresponding half and double shillings of 5,000 and 20,000 kroner, respectively) were minted.

According to the wording of the law, however, the obligation to redeem existed only in the direction that gold bars could be exchanged for notes. It was also stipulated that "federal gold coins" must be minted at the specified standard, but the law does not state that these gold coins can be obtained at face value at any time.

Interestingly, even after the currency changeover, the National Bank was allowed to issue banknotes denominated in kroner until the end of 1926 (although in practice the value was given in both currencies.)

Five days after Austria's "annexation" to the German Reich, on March 17, 1938, the schilling was replaced by the Reichsmark. The exchange rate was 1.50 Schilling = 1 Reichsmark.

The Oesterreichische Nationalbank lost the banknote privilege on April 25th.

On November 30, 1945, the shilling became the national currency again . It remained so until the introduction of the euro . One shilling was equivalent to 100  groschen . Originally, the Stüber was planned instead of the Groschen , whereby the Schilling and Groschen are historically the same unit (12 Pfennig / Pence / Denare or in Southern Germany and Austria 30 Pfennig).

Coins 1925–1938

In the First Republic and in the corporate state there were coins of 1, 2, 5, 10, 50 groschen and ½, 1, 2, 5 shillings and banknotes of 5, 10, 20, 50, 100 and 1000 shillings. In 1926 gold coins to the value of 25 and 100 schillings were issued. Since the shilling developed into a stable currency, the popular name of the Alpine dollar established itself .

Overview of the coins in circulation from 1925 to 1938

Face value	Value side	Image side	diameter	Weight	material	First edition	Invalid from	information
1 penny			17 mm	1.6 g	95%  Cu 4%  Sn 1%  Zn	March 1, 1925		Design: Heinrich Zita
2 groschen			19 mm	3.3 g	95% Cu 4% Sn 1% Zn	March 1, 1925		Design: Philipp Häusler
5 groschen			17 mm	3.0 g	75% Cu 25%  Ni	January 21, 1931		Design: Philipp Häusler
10 groschen			22 mm	4.5 g	75% Cu 25% Ni	1925		Design: Heinrich Zita
1 ⁄ 2  shillings			19 mm	3.0 g	64%  Ag 36% Cu	September 19, 1925		Design: Philipp Häusler
50 groschen			24 mm	5.5 g	75% Cu 25% Ni	August 1, 1934		Design: Gudrun Baudisch (WS), Michael Powolny (Adler)
			24 mm	5.5 g	75% Cu 25% Ni	January 21, 1935		Design: Gudrun Baudisch (WS), Michael Powolny (Adler)
1 shilling			26 mm	7.0 g	80% Ag 20% Cu	June 16, 1924	December 31, 1926	Design: Heinrich Zita
			25 mm	6 g	64% Ag 36% Cu	July 1, 1925
			26 mm	7 g	75% Cu 25% Ni	August 1, 1934		Design: Gudrun Baudisch (WS), Michael Powolny (Adler)
2 shillings			29 mm	12.0 g	64% Ag 36% Cu	1928		different motives; Design value side: Edwin Grienauer ; List see double schilling
			29 mm	12.0 g	64% Ag 36% Cu	1934		different motives; Design value side: Michael Powolny
5 shillings			31 mm	15.0 g	83.5% Ag 16.5% Cu	August 1, 1934		Design: Michael Powolny (WS), Edwin Grienauer (Madonna)
25 shillings			21 mm	5.9 g	90%  Au 10% Cu	1926		Design: Arnold Hartig
			21 mm	5.9 g	90%  Au 10% Cu	1935		Design: Michael Powolny
100 shillings			33 mm	23.5 g	90% Au 10% Cu	1926		Design: Arnold Hartig
			33 mm	23.5 g	90% Au 10% Cu	1935		Design: Michael Powolny (WS), Edwin Grienauer (Madonna)

Banknotes 1925–1938

Between 1925 and 1938 there were banknotes of 5, 10, 20, 50, 100 and 1000 shillings. In the first Schilling series from 1925, the plural of Schilling was still called Schillings. The last 100 Schilling note of the 1st Republic, which was printed in 1936, was no longer issued because of the annexation of Austria .

Overview, Austrian banknotes in circulation (1st Republic) until 1938

Face value	front	back	Motif front	Motif back	format	pressure	First edition	Außerkurs- reduction	Pre- inclusive period (invalid from)	design
Series 1925
5 shillings					153 × 81 mm	January 2, 1925	June 8, 1925	July 31, 1928	July 31, 1931	Rudolf Junk , Karl Sterrer
10 shillings					166 × 85 mm	January 2, 1925	April 27, 1925	January 31, 1928	January 31, 1931	Rudolf Junk, Karl Sterrer
20 shillings					179 × 90 mm	January 2, 1925	July 1, 1925	June 30, 1929	June 30, 1932	Rudolf Junk, Karl Sterrer
100 shillings					193 × 93 mm	January 2, 1925	March 26, 1925	June 30, 1929	June 30, 1932	Rudolf Junk, Karl Sterrer
1000 shillings					205 × 98 mm	January 2, 1925	May 11, 1925	March 31, 1932	March 31, 1935	Rudolf Junk, Karl Sterrer
Series 1927
5 shillings			young man with compass	Erzberg	110 × 65 mm	July 1, 1927	October 24, 1927	January 31, 1936	December 31, 1938	Rudolf Junk, Karl Sterrer
10 shillings			Mercury	Mermaid , Dürnstein	70 × 124 mm	January 3, 1927	March 7, 1927	January 31, 1936	December 31, 1938	Berthold Löffler
20 shillings				Pre-alpine landscape with sowing farmer and the mountains of the Salzkammergut	139 × 76 mm	January 2, 1928	April 23, 1928	May 15, 1938	December 31, 1938	Wilhelm Dachauer
50 shillings				Karlskirche	157 × 79 mm	January 2, 1929	June 17, 1929	November 30, 1936	December 31, 1938	Alfred Cossmann
100 shillings				Academy of Science	170 × 85 mm	January 3, 1927	December 5, 1927	May 15, 1938	December 31, 1938	Wilhelm Dachauer
1000 shillings				Salzburg with Hohensalzburg Fortress	193 × 90 mm	January 2, 1930	May 15, 1931	May 15, 1938	December 31, 1938	Fritz Zerritsch
Series 1933
10 shillings			Aggstein ruin , Wachauerin (model Johanna Nestor )	Grossglockner	70 × 125 mm	January 2, 1933	April 9, 1934	May 15, 1938	December 31, 1938	Arthur Brusenbauch
50 shillings				Maria Wörth church complex	157 × 79 mm	January 2, 1935	June 8, 1936	May 15, 1938	December 31, 1938	Obv .: Rudolf Junk, Karl Sterrer, Rev .: Rudolf Junk, Josef Seger
100 shillings			Woman with edelweiss	Gosausee with Dachstein	175 × 87 mm	January 2, 1936	not issued			Rudolf Junk, Josef Seger

Intermezzo Reichsmark

100 schillings (draft)

20 Reichsmarks

After Austria was " annexed " to the Third Reich , the schilling was replaced by the Reichsmark on May 15, 1938 with an exchange value of 1 RM = 1.50 schilling . All gold stocks were requisitioned by the Reichsbank and the function of the Oesterreichische Nationalbank was dissolved. In the opinion of the Oesterreichische Nationalbank, this exchange rate had been set favorably for Austrian approval of the connection.

The draft of a 100 Schilling note from 1936 was reflected in the 20 Reichsmark note from 1939 (issued in 1945).

Second republic

After the unconditional surrender of the German Wehrmacht in early May 1945 and the subsequent occupation of Austria , the Allied Commission immediately sought to replace the Reichsmark with the former Schilling currency. Unlike in Italy or Germany, the national currency had to go through the "Allied Military Currency" ( Allied Military Schilling , pressure in 1944 US ) does not support, but completely at the exchange rate of 1: displaced first "Reichsmark" occupation money was only issued in the Soviet occupation zone .

As early as June 28, 1945, new Schilling stamps printed by the Allies could be issued. The “Schilling Act” of November 30, 1945 regulated the exchange of remaining Reichsmark stocks at the end of the year (max. 150 RM per capita), and the Oesterreichische Nationalbank was able to reactivate old Schilling printing plates from the last pre-war series for banknote production.

In 1947 the schilling was devalued by a third. In addition, a part of the savings was siphoned off by the state (was used for the reconstruction of Austria).

Allied military authority banknotes 1945

In 1945 the allied military authorities issued banknotes of 50 groschen, 1, 2, 5, 10, 20, 25, 50, 100 and 1000 schillings in the western occupation zones (France, Great Britain, USA). The 25-schilling note was only circulated in the British zone.

Overview, Austrian banknotes in circulation (allied military authority, non-Soviet zone ) 1945

Face value	Value side	Image side	format	pressure	First edition	Außerkurs- reduction	Pre- inclusive period (invalid from)	design
50 groschen			115 × 59 mm	1944	May 1945	December 24, 1947	??	??
1 shilling			115 × 59 mm	1944	May 1945	December 24, 1947	??	??
2 shillings			115 × 59 mm	1944	May 1945	December 24, 1947	??	??
5 shillings			114 × 73 mm	1944	May 1945	December 24, 1947	??	??
10 shillings			114 × 73 mm	1944	May 1945	December 20, 1945	??	??
20 shillings			138 × 77 mm	1944	May 1945	December 20, 1945	??	??
25 shillings			138 × 77 mm	1944	May 1945	December 20, 1945	??	??
50 shillings			138 × 77 mm	1944	May 1945	December 20, 1945	??	??
100 shillings			151 × 85 mm	1944	May 1945	December 20, 1945	??	??
1000 shillings			151 × 85 mm	1944	May 1945	December 20, 1945	??	??

Three other banknotes were prepared in the Soviet zone. However, only one banknote was actually issued.

Overview, Austrian banknotes in circulation (Allied military authority, Soviet zone ) 1945

Face value	front	back	format	pressure	First edition	Außerkurs- reduction	Pre- inclusive period (invalid from)	design
50 Reichspfennig			100 × 55 mm	(1945)	not issued (the illustration is a test print; the reverse looks like the 1 Reichsmark note)			??
1 Reichsmark			100 × 55 mm	(1945)	December 1945	December 20, 1945	December 31, 1945	??
2 Reichsmarks			97.5 x 53.5 mm	(1945)	not issued			??

Coins 1945–2002

1000 Schilling Babenberger gold coin ; first gold coin of the Second Republic

There were coins of 1, 2, 5, 10, 20 (at times) and 50 groschen as well as 1, until 1957 also 2 shillings, with increasing devaluation later also 5, 10, 20, 25, 50, 100, 200, 500 and 1000 shillings. The higher values ​​(25–1000 S) were primarily collector's items made entirely of silver or gold alloy and, apart from the 25 S piece, had counterparts made of paper of equal value. The twenty-schilling coin was introduced in 1980 in addition to the 20-S banknote specifically for vending machines, but was hardly accepted by the population. Therefore, machines were hardly set up for this and after the euro changeover, the call for a two-euro banknote (the value of a good 27 S) was very loud.

Shilling coins

The one-shilling coin was made of aluminum after the war; there was also a slightly larger two-shilling coin made of aluminum until 1957. From 1959 a smaller shilling was made from aluminum bronze, its image was the body of Sparefroh , an advertising figure of the savings banks. The ten schilling coin replaced the equivalent banknote in the 1960s. It was originally made of silver, but in 1974 it was converted to a cheaper copper-nickel alloy, similar to the previous five-schilling coin , due to the higher price of silver (above nominal) . When the increase in the price of silver was foreseeable, silver fives and silver tens were collected from the rest of the circulation by private individuals.

Some of the last valid coins

Groschencoins

The one-, two-, five-, ten- and fifty-groschen pieces were valid for the groschen until the introduction of the euro, but they were less and less in circulation due to the rise in prices. After the reintroduction of the shilling, the 1- Reichspfennig pieces were equated 1: 1 with new 1-groschen pieces, so production and conversion costs could be reduced. The 1 groschen coin itself was only minted briefly around 1947, many Reichspfennige were also minted with the new image. Since the 1 groschen coins issued since 1948 disappeared from the market and their production was discontinued - they were already a rarity in the 1960s - but they were never formally suspended, the Reichspfennige remained theoretically legal tender until the euro changeover. Although the two-penny coin was only used in trade until around 1970, it was minted until the 1990s, mainly for collector's sets. In 2002 the aluminum scrap value had reached the nominal value of 2 groschen.

Silver and gold coins

1000 Schilling gold coin Emperor Karl I (1999)

Silver coins were minted to the value of 25 , 50 , 100 , 200 and 500 schillings, gold coins to 200, 500, 1000 and 2000 schillings. They were considered normal means of payment, but were rarely found in normal payment transactions. Many pieces were only produced in special degrees of preservation such as the proof and were only sold above face value. They are still coveted collectibles. An exception is the Vienna Philharmonic , which was minted in the schilling denomination until 2001.

value

Exchange rate to the D-Mark from 1957 to 1999 (in schillings per DM)

After the collapse of the Bretton Woods system in 1971, the shilling was pegged to a basket of multiple currencies. In July 1976, it was finally linked to the extremely stable Deutsche Mark . Although this link was never officially announced, the Oesterreichische Nationalbank carried out all exchange rate movements parallel to the D-Mark, since Germany - then as now - was Austria's most important trading partner.

Abbreviations

The abbreviations used in general and in Austrian law were S and g . The abbreviation öS was used abroad . The abbreviation for the currency according to ISO 4217 , which became widespread after the computerization of the banks, was ATS . In handwriting, the Schilling-S was often written with clear serifs .

Coins

Overview of Austrian coins (Second Republic) up to February 28, 2002

Face value	front	back	diameter	Weight	material	First edition	invalid from	information
1 penny			17 mm	1.8 g	Zn	April 5, 1948		Design: Adolf Hofmann (WS), Michael Powolny (RS)
2 groschen			18 mm	0.9 g	98.5%  Al , 1.5%  Mg	July 15, 1950		Design: Benno Rost (WS), Michael Powolny (RS)
5 groschen			19 mm	2.5 g	Zn	June 17, 1948		Design: Adolf Hofmann (WS), Michael Powolny (BS)
10 groschen			21 mm	3.5 g	Zn	July 1, 1947	May 31, 1959	Design: Adolf Hofmann (WS), Michael Powolny (BS)
			20 mm	1.1 g	98.5% Al, 1.5% Mg	November 27, 1951		Design: Hans Köttenstorfer
20 groschen			22 mm	4.5 g	91.5%  Cu , 8.5% Al	December 23, 1950	April 30, 1959	Design: Benno Rost (WS), Michael Powolny (RS)
50 groschen			22 mm	1.4 g	98.5% Al, 1.5% Mg	December 11, 1947	June 2, 1961	Design: Michael Powolny
			19.5 mm	3.0 g	91.5% Cu, 8.5% Al	October 1, 1959		Design: Josef Kölblinger (WS), Ferdinand Welz (RS)
1 shilling			25 mm	2.0 g	98.5% Al, 1.5% Mg	December 11, 1947	May 2, 1961	Design: Michael Powolny
			22.5 mm	4.2 g	91.5% Cu, 8.5% Al	September 1, 1959		Design: Edwin Grienauer (WS), Ferdinand Welz (RS)
2 shillings			28 mm	2.8 g	98.5% Al, 1.5% Mg	December 11, 1947	June 29, 1957	Design: Michael Powolny
5 shillings			31 mm	4.0 g	98.5% Al, 1.5% Mg	October 25, 1952	February 15, 1961	Design: Michael Powolny
			23.5 mm	5.2 g	64%  Ag , 36% Cu	January 2, 1961	September 30, 1969	Corrugation; Design: Hans Köttenstorfer (WS), Josef Kölblinger (RS)
			23.5 mm	4.8 g	75% Cu, 25%  Ni	15th January 1969		smooth edge
10 shillings			27 mm	7.5 g	64% Ag, 36% Cu	July 1, 1957	March 31, 1975	Design: Ferdinand Welz
			26 mm	6.2 g	75% Cu, 25% Ni	April 17, 1974		Front unchanged - back: stylized federal coat of arms ; Designed by Kurt Bodlak
20 shillings			27.7 mm	8.0 g	92% Cu, 6% Al, 2% Ni	December 10, 1980		A series of 20 Schilling course coins as a planned replacement for the 20 Schilling note, a total of 18 different motifs, see list of Austrian 20 Schilling course coins
25 shillings silver coin			30 mm	13 g	80% Ag, 20% Cu	October 1, 1955		Three different value pages, a total of 19 different motifs, see the list of Austrian 25 Schilling commemorative issues
50 shillings silver coin			34 mm	20 g	1959-1973: 90% Ag, 10% Cu 1974-1978: 64% Ag, 36% Cu	February 20, 1959		Three different value pages, a total of 20 different motifs, see list of Austrian 50 schilling commemorative issues
50 Schilling bimetal coin			26.5 mm	8.15 g	Bimetal: ring: 92% Cu, 6% Al, 2% Ni; Inner part: Magnimat 7	1996		uniform value side, nine different image sides, see list of Austrian 50 schilling commemorative issues
100 shillings silver coin			1974–79: 36 mm from 1991: 34 mm	1974-79: 24 g from 1991: 20 g	1974-1979: 64% Ag, 36% Cu from 1991: 90% Ag, 10% Cu	23rd December 1974		Various variants of the value side; 24 issues from 1974–1979; 18 issues in different series from 1991 see list of Austrian 100 Schilling commemorative issues
100 Schilling bimetal coin			34 mm	13.75 g	Bimetal: ring: 90% Ag, 10% Cu; Inner part: 100%  titanium	January 19, 2000		2 issues from 2000–2001 see list of Austrian bimetallic schilling commemorative issues
200 shillings silver coin			40 mm	33.63 g	92.5% Ag, 7.5% Cu	January 12, 1995		uniform value side, two different image sides, see list of Austrian 200 Schilling commemorative issues
200 Schilling gold coin			16 mm	3.121 g	99.99% Au , 0.1% Cu	1991		From 1991 to 2001 Philharmonic, see Gold Philharmonic
500 shillings silver coin			1980–1982: 38 mm from 1983: 37 mm	24 g	1980-1982: 64% Ag, 36% Cu from 1983: 92.5% Ag, 7.5% Cu	April 10, 1980		From 1980 to 1988 34 issues with uniform value side; from 1989 26 further issues with freely designed value and picture pages see list of Austrian 500 Schilling commemorative issues
500 Schilling bimetal coin			30 mm	13.4 g	Bimetal: ring: 98.6% Au, 1.4% Cu; Inner part: 90% Ag, 10% Cu	March 24, 1995		see list of Austrian bimetal schilling commemorative editions
500 Schilling gold coin			22 mm	8.1136 g	98.6% Au, 1.4% Cu	January 24, 1991		From 1991 to 2001 10 issues with freely designed value and picture pages see list of Austrian 500 Schilling gold coins
			22 mm	7.7759 g	99.99% Au, 0.01% Cu	1989		From 1989 to 2001 Philharmonic, see Gold Philharmonic
1000 Schilling bimetal coin			40 mm	40 g	Bimetal: ring: 90% Ag, 10% Cu; Inner part: 98.6% Au, 1.4% Cu	May 31, 1994		see list of Austrian bimetal schilling commemorative editions
1000 Schilling gold coin			27 mm	13.5 g	90.0% Au, 10.0% Cu	October 22, 1976		see federal gold coin
			28 mm	16.97 g	91.67% Au, 8.33% Cu	January 12, 1995		For the IOC coin, see the list of Austrian 1000 Schilling gold coins
			30 mm	16.225 g	98.6% Au, 1.4% Cu	May 15, 1991		From 1991 to 2001 10 issues with freely designed value and picture pages see the list of Austrian 1000 Schilling gold coins
			28 mm	15.55 g	99.99% Au, 0.01% Cu	1994		From 1994 to 2001 Philharmonic, see Gold Philharmonic
2000 Schilling gold coin			37 mm	31.1035 g	99.99% Au , 0.1% Cu	1989		From 1989 to 2001 Philharmonic, see Gold Philharmonic

Banknotes 1945–2002

This article or section needs revision: what is the difference between the two 1950s series? do both series actually have the same name "series 1950"?
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Overview, Austrian banknotes in circulation (Second Republic) until February 28, 2002

Face value	front	back	Motif front	Motif back	format	pressure	First edition	Außerkurs- reduction	Pre- inclusive period (invalid from)	design
Interim notes 1945 (issued until the Currency Protection Act came into force )
10 shillings			Aggstein ruin , Wachauerin (model Johanna Nestor )	Grossglockner	68 × 122 mm	May 29, 1945	December 13, 1945	December 24, 1947	December 24, 1947	Arthur Brusenbauch
20 shillings				Pre-alpine landscape with sowing farmer and the mountains of the Salzkammergut	137 × 73 mm	May 29, 1945	December 13, 1945	December 24, 1947	December 24, 1947	Wilhelm Dachauer
100 shillings				Academy of Science	164 × 85 mm	May 29, 1945	December 13, 1945	December 24, 1947	December 24, 1947	Wilhelm Dachauer
1000 shillings				Salzburg	185 × 92 mm	May 29, 1945	December 13, 1945	December 24, 1947	December 24, 1947	Fritz Zerritsch
Interim notes 1947 (issued after the Currency Protection Act came into force)
5 shillings			young man with compass	Erzberg	110 × 67 mm	September 4, 1945	December 11, 1947	February 27, 1954	February 27, 1974	Rudolf Junk, Karl Sterrer
10 shillings			Ruine Aggstein , Wachauerin (model Johanna Nestor ), second edition	Grossglockner	68 × 132 mm	May 29, 1945	December 11, 1947	September 15, 1949	15th September 1969	Arthur Brusenbauch
50 shillings				Maria Wörth church complex	154 × 78 mm	May 29, 1945	December 11, 1947	February 14, 1953	February 14, 1973	Obv .: Rudolf Junk, Karl Sterrer, Rev .: Rudolf Junk, Josef Seger
100 shillings			Second edition	Academy of Science	177 × 85 mm	May 29, 1945	December 11, 1947	April 30, 1948	April 30, 1968	Wilhelm Dachauer
1000 shillings			Second edition	Salzburg	185 × 92 mm	September 1, 1947	December 11, 1947	June 29, 1957	June 30, 1977	Fritz Zerritsch
Series 1950
10 shillings				Mint tower in Hall in Tirol	125 × 70 mm	February 2, 1946	August 25, 1949	April 30, 1952	April 30, 1972	Josef Seger
20 shillings				Vienna	140 × 75 mm	February 2, 1946	April 12, 1948	June 30, 1951	June 30, 1971	Josef Seger
100 shillings				Gosausee in front of Dachstein ( Upper Austria )	165 × 83 mm	January 2, 1947	January 28, 1948	February 27, 1954	February 27, 1974	Josef Seger
100 shillings				Vienna and Danube	176 × 85 mm	January 3, 1949	November 3, 1949	April 15, 1959	April 15, 1979	Erhard Amadeus-Dier
100 shillings			2nd Edition	Vienna and Danube	176 × 85 mm	January 3, 1949	July 7, 1952	April 15, 1959	April 15, 1979	Erhard Amadeus-Dier
Series 1950
5 shillings			young man with compasses, 1951 edition	Erzberg	110 × 67 mm	September 4, 1945	1951	February 27, 1954	February 27, 1974	Rudolf Junk, Karl Sterrer
10 shillings			Spanish Riding School	Belvedere Palace , no edition designation	132 × 65 mm	January 2, 1950	May 26, 1951	April 15, 1959	April 15, 1979	Obv .: Rupert Franke , Rev .: Erhard Amadeus-Dier
10 shillings			Spanish Riding School	Belvedere Palace , 2nd edition	132 × 65 mm	January 2, 1950	September 24, 1954	April 15, 1959	April 15, 1979	Obv .: Rupert Franke, Rev .: Erhard Amadeus-Dier
20 shillings			Joseph Haydn	Calvary Eisenstadt	148 × 70 mm	January 2, 1950	September 25, 1950	June 29, 1957	June 30, 1977	Erhard Amadeus-Dier
50 shillings			Jakob Prandtauer	Melk Abbey	164 × 75 mm	January 2, 1951	October 25, 1952	April 30, 1964	April 30, 1984	Obv .: Erhard Amadeus-Dier, Hedwig zum Tobel , Rev .: Erhard Amadeus-Dier, Rupert Franke
100 shillings			Franz Grillparzer	Dürnstein	176 × 85 mm	January 2, 1954	October 14, 1955	April 30, 1964	April 30, 1984	Josef Franz Renner
500 shillings			Julius Wagner-Jauregg	University of Vienna	186 × 88 mm	January 2, 1953	5th December 1953	September 30, 1967	September 30, 1987	Josef Franz Renner
1000 shillings			Anton Bruckner	Bruckner organ, St. Florian Monastery	192 × 89 mm	January 2, 1954	January 23, 1956	April 30, 1964	April 30, 1984	Roman Hellmann and Erhard Amadeus-Dier
Series 1956
20 shillings			Carl Auer von Welsbach	Maria Rain (Carinthia)	132 × 65 mm	2nd July 1956	3rd December 1956	February 28, 1970	February 28, 1990	Roman Hellmann
50 shillings			Richard Wettstein	Mauterndorf Castle	140 × 70 mm	July 2nd, 1962	March 11, 1963	February 28, 1973	February 28, 1993	Roman Hellmann
100 shillings			Johann Strauss	Schönbrunn Castle	150 × 75 mm	July 1, 1960	September 25, 1961	March 31, 1972	March 31, 1992	Roman Hellmann
1000 shillings			Viktor Kaplan , white variant	Ybbs-Persenbeug power plant	150 × 75 mm	January 2, 1961	5th February 1962	April 30, 1962	April 30, 1982	Roman Hellmann
1000 shillings			Viktor Kaplan , blue variant	Ybbs-Persenbeug power plant	160 × 84 mm	January 2, 1961	November 26, 1962	March 31, 1972	March 31, 1992	Roman Hellmann
Series 1966
20 shillings			Carl von Ghega	Semmering Railway	132 × 65 mm	2nd July 1967	4th November 1968	September 30, 1989	September 30, 2009	Roman Hellmann
50 shillings			Ferdinand Raimund	Burgtheater	140 × 70 mm	January 2, 1970	February 15, 1972	August 31, 1988	August 31, 2008	Roman Hellmann
50 shillings			Ferdinand Raimund , 2nd edition	Burgtheater	140 × 70 mm	January 2, 1970	September 19, 1983	August 31, 1988	August 31, 2008	Roman Hellmann
100 shillings			Angelika Kauffmann	Bregenzerwälderhaus	150 × 75 mm	January 2, 1969	19th October 1970	November 28, 1986	November 28, 2006	Roman Hellmann
100 shillings			Angelika Kauffmann , 2nd edition	Bregenzerwälderhaus	150 × 75 mm	January 2, 1969	June 1, 1981	November 28, 1986	November 28, 2006	Roman Hellmann
500 shillings			Joseph Ressel	Steamship Civetta	155 × 80 mm	July 1, 1965	October 24, 1966	August 31, 1987	August 31, 2007	Roman Hellmann
1000 shillings			Bertha von Suttner	Leopoldskron , Hohensalzburg	159 × 84 mm	July 1, 1966	September 21, 1970	August 30, 1985	August 30, 2005	Roman Hellmann
1983 series
20 shillings			Moritz Daffinger	Albertina	123 × 62 mm	October 1, 1986	October 19, 1988	February 28, 2002	unlimited	Robert Kalina
50 shillings			Sigmund Freud	Josephinum	130 × 65 mm	January 2, 1986	October 19, 1987	February 28, 2002	unlimited	Robert Kalina
100 shillings			Eugen Boehm von Bawerk	Auditorium of the Old University of Vienna , built from 1735 to 1755 by Jean Nicolas Jadot de Ville-Issey , since 1857 the seat of the Academy of Sciences .	137 × 68.5 mm or 138 × 68 mm	January 2, 1984	October 14, 1985	February 28, 2002	unlimited	Robert Kalina
500 shillings			Otto Wagner	Wiener Postsparkasse	144 × 72 mm	July 1, 1985	June 20, 1986 or October 20, 1986	April 20, 1998	April 20, 2018	Robert Kalina
1000 shillings			Erwin Schrödinger	University of Vienna	152 × 76 mm	January 3, 1983	November 14, 1983	April 20, 1998	April 20, 2018	Robert Kalina
5000 shillings			Wolfgang Amadeus Mozart and stylized view of Salzburg .	Vienna State Opera	160 × 80 mm	January 4, 1988	17th October 1989	February 28, 2002	unlimited	Robert Kalina
1997 series
500 shillings			Rosa Mayreder	Rosa and Karl Mayreder , group picture of the participants in the Bundestag Austrian women's associations in Vienna in 1911.	148 × 72 mm	January 1, 1997	October 20, 1997	February 28, 2002	unlimited	Robert Kalina
1000 shillings			Karl Landsteiner	Karl Landsteiner in his laboratory in the Pathological-Anatomical Institute of the University of Vienna. Model of a poliovirus and stylized form of the blood grouping process .	154 × 72 mm	January 1, 1997	October 20, 1997	February 28, 2002	unlimited	Robert Kalina

Had the schilling been retained as the currency, new issues of the 20, 50, 100 and 5000 Schilling banknotes would have been produced, to match the new 500 and 1000 S notes introduced in 1997. On them were Gustav Klimt , Ida Pfeiffer , Franz Schubert and Marie von Ebner-Eschenbach been mapped.

End of the shilling currency in 1999/2002

On January 1, 1995, Austria joined the European Union and successfully applied to participate in the planned common currency.

Euro rate

The schilling was replaced as book money on January 1, 1999 by the euro . The exchange rate to the euro agreed with the other euro countries, which had not changed until the changeover to cash, was 1 euro = 13.7603 schillings.

Schilling exchange

The cash introduction of the euro took place on January 1st, 2002; the rate for historical conversions remained unchanged. The schilling remained legal tender on an equal footing with the euro until February 28, 2002.

The banks exchanged shilling coins and banknotes for euros for another year. Even beyond this year, department store chains held trade-in campaigns that could still be paid for in shillings. For several years now, the OeNB has been organizing a “Euro Info Tour” where old Schilling stocks can be exchanged for euros at a mobile branch in many Austrian municipalities. Despite such campaigns, as of December 31, 2014, there were still schilling stocks worth 630.3 million euros, including 283 million euros in schilling coins. The owners were not known.

The most recently valid notes and coins are exchanged for an unlimited period - and free of charge - by the Oesterreichische Nationalbank . There was / is a time-limited exchange period for all older notes. The 500 schilling note from 1986 (with the image of Otto Wagner ) and the 1000 schilling note from 1983 (with the image of Erwin Schrödinger ) could be exchanged until April 20, 2018. Of these banknotes, which were limited in time until 2018, the equivalent of 112.6 million euros were still outstanding at the end of 2014. All older banknotes can no longer be exchanged; for example, the exchange period for the 1000 Schilling banknote from 1966 with the image of Bertha von Suttner expired on August 30, 2005. According to the National Bank, there were still 463,000 units in circulation at that time, corresponding to a value of 33.6 million euros. At the end of the exchange period, the corresponding value of the outstanding banknotes was paid into the federal budget by the National Bank, i.e. these were written off as lost and booked out.

Banknotes with a time-limited exchange (preclusive periods)

The banknotes of the last Schilling series, which were the current legal tender in Austria at the time the euro was introduced.

• 20 Schilling (V. Form) - Moritz Daffinger
• 50 Schilling (IV. Form) - Sigmund Freud
• 100 Schilling (VI. Form) - Eugen Boehm von Bawerk
• 500 Schilling (IV. Form) - Rosa Mayreder
• 1,000 Schilling (V. Form) - Karl Landsteiner
• 5,000 Schilling (I. Form) - Wolfgang Amadeus Mozart

Expired exchange periods for the 1966 series and 1983 series

• 1,000 S / III. Form Bertha von Suttner - August 30, 2005
• 500 S / II. Form Josef Ressel - August 31, 2007
• 100 S / V. Form Angelika Kauffmann - November 28, 2006
• 100 S / V. Form (2nd edition) Angelika Kauffmann - November 28, 2006
• 50 S / III. Form Ferdinand Raimund - August 31, 2008
• 50 S / III. Form (2nd edition) Ferdinand Raimund - August 31, 2008
• 20 S / IV. Form Carl Ritter von Ghega - September 30, 2009
• 1,000 S / IV. Form Erwin Schrödinger - April 20, 2018
• 500 S / III. Form Otto Wagner - April 20, 2018

Monetary value 2009

One schilling or one Reichsmark in 2009 corresponded to the following current monetary value:

• S-prices 1930: € 2.96
• RM prices in 1938: € 4.68
• RM prices in 1944: € 3.74
• S-prices 1955: € 0.46
• S-prices 1970: € 0.28
• S-prices 1980: 0.15 €
• S-prices 1990: 0.11 €
• S-prices 1999: € 0.09 (1999 converted to € 0.07267; inflation rate since: 22%, corresponds to around 2% per year)

useful information

20 Schilling 1950 - Detail on the note front left below: above with and below without spelling mistakes (right); This error appears again on the note at the bottom right

50 Schilling 1999, Johann Strauss , without specifying the year of issue

The change from the crown to the shilling took place smoothly until July 1, 1926. The following official notification was issued for the last possible change:

“From now on you have to settle in shillings and groschen. Offenders will be punished with 60,000 crowns. "

- Official communication

The year of minting is missing from the 50 Schilling coin from the year 1999 Johann Strauss .

There are two variants of the 20 schilling banknote from the year of issue 1950: one with a spelling mistake “OESTERREICHISCEE” and one without a spelling mistake “OESTERREICHISCHE” in the lower left and right underprint on the front. Amazingly, the variant without spelling mistakes is the rarer one and therefore also the more expensive one among collectors.

The white variant of the 1000 Schilling note from 1961 is the most expensive Austrian banknote from the Second Republic. It was only in circulation for a few months because it had the same format as the 100 Schilling note and was therefore often confused with it. It was withdrawn and replaced by a slightly larger blue note with the same image.

Based on the representation of the viaduct over the Kalte Rinne on the 20 schilling note from 1968, the following joke was circulating in Upper Austria around 1970/1980: Person A: “Have you seen the cyclist on the bridge?” / Person B: “Where? “/ A:“ Well here: Very small. Look closely ... "/ B:" No, I don't see him. "/ A:" Well, now he's gone, drove past ... "/ B is startled. / A: “Have you ever seen a cyclist on a railway bridge?” A laughs and refers to the words Semmering and Ghega on the front , which made it clear to practically everyone that it was a railway line .

In the train accident on the Südbahn on December 1, 2015, the affected freight train came to a stop exactly where the center of the picture of the 20 Schilling banknote from 1968 is. To the left and thus to the southwest in the direction of Semmering and Graz, driving with the front half of the train length at the Kalte-Rinne viaduct and - partially derailed - in the tunnel of the polleros wall to the right of the center of the picture. The picture shows the masts of the overhead line for electrification from 1959 on the viaduct.

The Schilling is sung about in the Viennese song “Du guater Schilling, pfiat di Gott”, written by Ludwig Prachtl and Franz Pelz .

In dialect the currency was u. a. with short forms like Schüü .

See also

• Shilling
• Currency reforms in Austria
• Gold crown
• List of Austrian Krone banknotes
• List of Austrian guilder banknotes

literature

• Karl Bachinger et al .: Farewell to the Schilling. An Austrian economic history . Verlag Styria, Graz-Vienna-Cologne 2001, ISBN 3-222-12872-3 .

Web links

Commons : Austrian Schilling  - collection of images, videos and audio files

• Entry on Austrian Schilling in the Austria Forum  (in the AEIOU Austria Lexicon )
• Austrian banknotes on the side of the Oesterreichische Nationalbank
• Complete directory of schilling coins from 1947 to 2001 (PDF file, 5.1 MB)
• Overview of all Schilling banknotes from 1925
• colnect - catalog created by collectors (2003-2014)> Coins> Austria> 1945 ~ 2001 - 2nd Republic (Schilling) - Circulation coins (16)
• colnect - catalog created by collectors (2003–2014)> Banknotes> Series list Austria
• Valuable groschencoins geldmarie.at - production years, editions, rarity and collector's value
• Inflation cockpit - currency converter (Adobe Flash) (inflation-adjusted conversion of Austrian currencies since 1820 into today's euro)

Individual evidence

1. ↑ From the Schilling to the Euro. Austrian National Bank, archived from the original on January 20, 2013 ; Retrieved June 1, 2013 . 
2. ↑ Overview of the coins in circulation from 1925 to 1938 ( Memento of February 3, 2011 in the Internet Archive ), Austrian Mint
3. ^ Günter Schön: Small German Coin Catalog from 1871 to the present day Munich 2000
4. ↑ Confiscation of the old Schilling coins. In:  Die Neue Zeitung , December 31, 1926, p. 2 (online at ANNO ). "The originally pronounced Schillings with the year 1924 will finally be withdrawn from circulation on December 31, 1926 and will no longer be considered as legal tender from this point on."
5. ↑ ^{a b c d} Johann Kodnar, Norbert Künstner: Catalog of Austrian banknotes from 1759, 3rd edition . Self-published, 2018, ISBN 978-3-9504334-1-8 , p. 192-205 .
6. ^ Rudolf Richter: Paper money special catalog Austria 1759-2010 . Frühwald, 2010, ISBN 978-3-9502590-4-9 , p. 113-118 .
7. ↑ Conversion of Reichsmarks into Schilling - website of the Oesterreichische Nationalbank ( Memento from November 28, 2010 in the Internet Archive )
8. ^ FA Southard in: The finances of European liberation with special reference to Italy, pp. 37ff, Google Books
9. ^ Allied Military Currency
10. ^ First "Posthorn" stamp series 1945
11. ↑ Johann Kodnar, Norbert Künstner: Catalog of the Austrian bank notes from 1759, 3rd edition . Self-published, 2018, ISBN 978-3-9504334-1-8 , p. 223-233 .
12. ^ Rudolf Richter: Paper money special catalog Austria 1759-2010 . Frühwald, 2010, ISBN 978-3-9502590-4-9 , p. 127-131 .
13. ↑ Johann Kodnar, Norbert Künstner: Catalog of the Austrian bank notes from 1759, 3rd edition . Self-published, 2018, ISBN 978-3-9504334-1-8 , p. 234-237 .
14. ^ Rudolf Richter: Paper money special catalog Austria 1759-2010 . Frühwald, 2010, ISBN 978-3-9502590-4-9 , p. 132-133 .
15. ↑ Schilling Law, State Law Gazette 1945/231, § 2 d
16. ↑ Ordinance on the issue of 1 groschen coins, BGBl. 1948/61.
17. ^ Parliamentary materials
18. ↑ Overview of Austrian coins (Second Republic) up to February 28, 2002 ( memento of February 3, 2011 in the Internet Archive ), Austrian Mint
19. ↑ ^{a b c d} Johann Kodnar, Norbert Künstner: Catalog of Austrian banknotes from 1759, 3rd edition . Self-published, 2018, ISBN 978-3-9504334-1-8 , p. 239-281 .
20. ^ ^{A b c} Rudolf Richter: Paper money special catalog Austria 1759–2010 . Frühwald, 2010, ISBN 978-3-9502590-4-9 , p. 134-152 .
21. ^ Banknote World Educational> Austria. Retrieved June 1, 2013 . 
22. ↑ § 2 of the Euro Act, Federal Law Gazette I No. 72/2000
23. ↑ Cash in circulation. Retrieved June 10, 2015 . 
24. ^ Oesterreichische Nationalbank - Banknote Exchange. Retrieved June 1, 2013 . 
25. ^ Exchange of Schilling - OeNB
26. ↑ Banknotes with a time-limited exchange - OENB on archive.org of April 5, 2003 ( Memento of April 5, 2003 in the Internet Archive )
27. ^ First Austrian Spar-Casse (Ed.): Vienna, am Graben 21. 150 years of the First Austrian Spar-Casse, 150 years of Austrian history. Vienna 1969.
28. ↑ Consumer price index 1966
29. ↑ Notes on the Schilling nostalgia in the courier of June 8, 2011. Archived from the original on August 14, 2011 ; Retrieved June 9, 2011 .  (The original article in the Kurier Archive ( Memento from October 30, 2014 in the Internet Archive ) is only accessible to subscribers.)
30. ↑ Florian Schön: Austrian Schilling coin catalog , 2015.
31. ↑ Johann Kodnar, Norbert Künstner: Catalog of the Austrian bank notes from 1759, 3rd edition . Self-published, 2018, ISBN 978-3-9504334-1-8 , p. 256 .
32. ^ Rudolf Richter: Paper money special catalog Austria 1759-2010 . Frühwald, 2010, ISBN 978-3-9502590-4-9 , p. 142 .
33. ↑ Overview of all Schilling banknotes from 1925 onwards. Accessed on September 22, 2015 . 
34. ↑ Die Geldmarie, The Little Kaplan Thousand. Retrieved November 13, 2017 . 
35. ↑ Note: If a cyclist were actually to be seen on the 184-meter-long Kalte-Rinne railway viaduct, shown with a length of about 30 millimeters, the length of the bike would be about two lithographic lines on the same scale.
36. ↑ Freight train derailed on the southern railway line. , In: ORF .at, December 1, 2015.
37. ↑ You good old Schilling on YouTube