Logo Title
obverse
reverse
Münze Österreich AG

100 Euro – Austria

Non-circulating coins
Commemoration: Die Bildhauerei
Austria
Context
Year: 2002
Issuer: Austria Issuer flag
Period:
(since 1945)
Currency:
(since 2002)
Total mintage: 30,000
Material
Diameter: 30 mm
Weight: 16.23 g
Gold weight: 16.00 g
Shape: Round
Composition: 98.6% Gold
Magnetic: No
Technique: Milled
References
KM: #Click to copy to clipboard3100
Numista: #58028
Value
Exchange value: 100 EUR = $118.14
Bullion value: $2673.55
Inflation-adjusted value: 179.52 EUR

Obverse

Inscription:
REPUBLIK ÖSTERREICH 100 EURO

Raphael Donner 2002
Translation:
REPUBLIC OF AUSTRIA 100 EURO

Raphael Donner 2002
Script: Latin
Language: German
Engraver: Herbert Wähner

Reverse

Inscription:
PROVIDENTIA BRUNNEN
Script: Latin

Edge

Mints

NameMark
Münze Österreich

Mintings

YearMint MarkMintageQualityCollection
200230,000Proof

Historical background

In 2002, Austria was in the final year of its national currency, the Austrian schilling, as it prepared for the full introduction of euro banknotes and coins. Having been a founding member of the European Union's Economic and Monetary Union (EMU) in 1999, the country had already adopted the euro as its official accounting currency for electronic payments and financial markets. This period was characterized by a "dual circulation" phase, where prices were displayed in both schillings and euros to familiarize the public with the new currency and ensure a transparent conversion at the fixed irrevocable rate of 1 euro = 13.7603 Austrian schillings.

The transition was a major logistical and public relations undertaking. The Austrian National Bank (OeNB), alongside businesses and government agencies, engaged in extensive public information campaigns to build trust and ease the population's adaptation. A key focus was combating price inflation fears by emphasizing the fixed conversion rate and encouraging vigilance against unjustified price rounding. Throughout the year, banks and businesses were preparing their systems, and the population was receiving "starter kits" of euro coins ahead of the physical switch.

The year culminated on 1 January 2002, when euro cash was successfully introduced. The schilling immediately lost its status as legal tender, though it remained exchangeable for euros at the OeNB indefinitely. The 2002 transition in Austria is widely viewed as a smooth and well-executed process, marking the country's full integration into the Eurozone and a definitive step in its post-war European identity, leaving the schilling as a symbol of its 20th-century economic history.

Series: Art Treasures of Austria

1000 Schilling obverse
1000 Schilling reverse
1000 Schilling
2000
1000 Schilling obverse
1000 Schilling reverse
1000 Schilling
2001
100 Euro obverse
100 Euro reverse
100 Euro
2002
100 Euro obverse
100 Euro reverse
100 Euro
2003
Legendary