Bob F. writes:Â I have collected the complete Austrian Millennium Coin set with presentation box. All coins are in their original plastic holder and are in mint condition. Any suggestions on how to determine the current value? Searches have turned up zip. Thanks!
As far as I know, their is no official Millennium “set” but there are some individual collector issues. The Austrians are very proud of their long history and minted many commemoratives to honor various ancient events and places.
There is a 1000 Schilling gold coin issued in 1976 that is the official Austrian Millennium coin (KM733 and 733a). It contains .3906 ounces of gold and even though 1.8 million were minted, the coin usually brings a 5% premium over the gold content. Just take the above decimal and multiply it time the current gold price and then multiply the answer times 1.05 to get the approximate market value.
Another “1000 year” coin issued was the 1977 1000th Anniversary of Carinthia. Other close issues could be the 1977 1200th Anniversary of Kremsmunster Monastery or the 1977 900th Anniversary of Hohensalzburg Fortress. All of the above are commemorative 100 Schillings in silver and are worth about $10 each. There is also an 1980 500 schillings that commemorates the millennium of the City of Steyr (about $40)
It’s not unusual for a third party to take coins like these and put them together in a special presentation box for the purpose of promotion.