Hungary 1870-KB 8 forint

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Sincona sale 100, lot 1096

This specimen was lot 1096 in Sincona Auction 100 (Zürich, October 2025), where it sold for 10,000 CHF (about US$15,072 including buyers' fees). The catalog description[1] noted,

"RDR / ÖSTERREICH Franz Joseph I. 1848-1916. 20 Francs (8 Forint) 1870 KB, Kremnitz. 6.43 g. Aversumschrift in Serifenschrift. FERENCZ JOZSEF I.K.A.CS.ES M.H.S.D.O.AP.KIR. Belorbeerter Kopf nach rechts, unten das Mzz. K.B. Rv. MAGYAR - KIRALYSAG Gekröntes ungarisches Wappen zwischen 20 / Fr. und 8 / Frt., unten die Jahreszahl. Herinek vgl. 252. Unediert. Von grösster Seltenheit. Kleiner Schrötlingsfehler. (empire of Austria-Hungary, Francis Joseph I, 1848-1916, twenty francs/eight florins of 1870, Kremnitz mint, obverse lettereing with serifs. Obverse: laureate bust right, mintmark below; reverse: crowned Hungarian arms divide the value, date below. Unpublished, Of the highest rarity. NGC AU53, Minor flan flaw.)"

This type was issued for Hungary 1870-80 in respectable quantities from the Kremnitz (Komoczbanya in Magyar) mint during the reign of Emperor Francis Joseph of Austria-Hungary. This example is a rare variety with seriffed lettering on the obverse. The denomination was intended to exchange for twenty French francs. After the reorganization of the Hapsburg empire into the Dual Monarchy in 1867, Hungary received her own coinage separate from Austrian issues.

Recorded mintage: 45,890 (all varieties).

Specification: 6.45 g, 0.900 fine gold, 21 mm diameter.

Catalog reference: KM 455.1, Huszar see 2115, Jl. see 364, Fr-242.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Herinek, Gerhard, Austria Münzkatalog: Munzen ab 1745 und Banknoten ab 1759, 49. Auflage, Vienna: Christine Steyrer Verlag, 2022.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Veselý, Roman, Mince a medaile, 19. století, František II ab Karel I, Prague: Aurea Numismatika, 2020.
  • [1]Richter, Jurg, SINCONA Auction 100: SINCONA Jubilee Auction, Zurich: SINCONA AG, 2025.

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