Obverse. Photo © NumisCorner.com
  • 1 Kreuzer 1848-1849, KM# 430, Austro-Hungarian Empire, Hungary, Ferdinand I & V
  • 1 Kreuzer 1848-1849, KM# 430, Austro-Hungarian Empire, Hungary, Ferdinand I & V
Description

The coins of the Hungarian Revolution of 1848–49 or the War of Independence refer to the minted coins produced in Hungary and Croatia during that period. Independent coinage symbolizes sovereignty, making it a notable achievement of the revolution. Although imperial coins with different motifs had been minted for Hungary before, Hungarian inscriptions first appeared on the revolution's coins, commissioned by Lajos Kossuth. These metal coins quickly disappeared from circulation, with most transactions conducted using paper money. The coins were minted at Nagybánya (Baia Mare) and Körmöcbánya (Kremnica) mints, bearing the mint marks N.B. and K.B., respectively.

Ferdinand I (1793–1875) was Emperor of Austria from March 1835 until his abdication in December 1848. He also held titles as King of Hungary, Croatia, and Bohemia (as Ferdinand V), and King of Lombardy–Venetia. Known as "The Benign" or "The Benevolent," Ferdinand succeeded his father, Francis I, on 2 March 1835. Due to severe epilepsy, he relied heavily on his uncle, Archduke Louis, and Prince Metternich, Austria's Foreign Minister, for governance. Amid the Revolutions of 1848, Ferdinand abdicated on 2 December 1848, succeeded by his nephew, Franz Joseph. Post-abdication, he resided in Hradčany Palace, Prague, until his death in 1875. Ferdinand married Maria Anna of Savoy, with whom he had no children.

Obverse

Depicts the Hungarian small coat of arms with a crown. Surrounding the coat of arms is the inscription "Hungarian Royal Exchange Coin."

According to the decree of the Chamber Count on May 11, 1848, new minting tools were required at the Kremnica mint for the independent Hungarian coinage. The previous coins, which featured the Austrian coat of arms and a closed crown, were replaced with the crowned, two-part Hungarian coat of arms. On the right side of the coat of arms, a golden crown sits above a green triple hill against a red background, with a white apostolic double cross above it. On the left side, red and silver horizontal stripes represent the Árpád stripes.

MAGYAR KIRÁLYI VÁLTÓ PÉNZ•

Reverse

Depicts a textual denomination "One" below the inscription "Kreuzer". Beneath the denomination, the year of issue is placed, with a leaf motif underneath. At the top center of the coin, a floral motif is situated.

EGY
KRAJCZÁR
1848•

Edge

1 Kreuzer

War of Independence
KM# 430 Unger# 1432 Huszar# 2096 Adamo# B1
Characteristics
Material Copper
Weight 8.77 g
Diameter 26 mm
Thickness 2 mm
Shape round
Alignment Medal
Alt # KM# 430.1, KM# 430.2
Mints
Baia Mare Mint (N.B)
Kremnica Mint (K.B)

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