Obverse. Photo © Katz Auction
  • 1 Ducat 1848, KM# 433, Austro-Hungarian Empire, Hungary, Ferdinand I & V
  • 1 Ducat 1848, KM# 433, 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 a standing portrait of Ferdinand V. The ruler is dressed in armor, holding a scepter in his right hand and an orb in his left hand. Surrounded by the inscription "Ferdinand V, King of Hungary, Croatian and other countries, Grand Duke of Transylvania."

Engraver: Josef Daniel Böhm

V • FERD • MAGY • H • T • ORSZ • KIRÁLYA • ERD • N • FEJED •

Reverse

Depicts the Madonna, wearing the Hungarian Holy Crown, holding a scepter in her right hand and an orb in her left hand, with the child Jesus on her lap. Behind the depiction, rays of light can be seen extending towards the edge. The coin's inscription reads "Protector of Hungary, Virgin Maria, Mother of God" with the coat of arms of Hungary separating the inscription below the depiction.

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.

Engraver: Laurenz Pönninger

SZ • MÁRIA IST • ANNYA MAGY • OR • VÉDŐJE • 1848 •

Edge

1 Ducat

War of Independence
KM# 433 Unger# 1427 Huszar# 2091 Adamo# B6
Characteristics
Material Gold
Fineness 0.986
Weight 3.491 g
Diameter 20 mm
Thickness 0.6 mm
Shape round
Alignment Medal
Mint
Kremnica Mint (K.B)

Related coins

Gold, 3.491 g, ⌀ 20 mm