The Ten Groschen was worth 10/100 of a schilling, and was a small circulating denomination of the Austrian Schilling, which was restored as the currency of the Republic of Austria when the republic itself was restored after World War II in 1945. Between 1947 and 1952, coins in denominations of 1, 2, 5, 10, 20, and 50 groschen; and 1, 2, and 5 schilling were introduced. The 1 and 5 groschen and the first type of 10 groschen were in zinc, which is not very suitable for coinage (it corrodes and wears off fast); a second type of 10 groschen was introduced soon after (in 1951) made of aluminium and with a new design, which was issued in circulation quantities until 1998, and for collectors' sets until 2001.
Together with all the other Schilling coinage, the 10 Groschen denomination was demonetised after 28 February 2002 when the country changed to the Euro currency. |
