The Austrian Shilling was introduced into circulation on March 1, 1925, when it replaced the devalued Austrian corona. The currency was in use until 1938 and was considered one of the most stable in Europe. In following years, when the country became a part of Germany, it was replaced by the Reichsmark. The schilling denomination was re-introduced after World War II on 30 November 1945 by the Allied Military. 

The presence of precious metals in money production indicated that the economy was becoming more stable. Soon Austria paved the way for membership in the international currency fund and the silver schillings themselves in Austria were called the “Alpine dollar”. The silver 10 Schilling was introduced in 1957, but in 1974 was replaced by cupro-nickel composition and demonetized in 1975. The Austrian shilling enjoyed stability until it was replaced by the euro in 2002.

OBVERSE : Heraldic Coat of Arms of Austria

Lettering: REPUBLIK ÖSTERREICH ·

Engraver: Kurt Bodlak

REVERSE : Woman of Wachau wearing the traditional Austria hat

Lettering: SCHILLING 1958 10 WELZ

Engraver: Ferdinand Welz 

EDGE : Reeded

Designer:  "WELZ" - Ferdinand Maria Josef Welz (1915-2008), was a director of the master school for medal making at the Academy of Fine Arts Vienna and coin designer. 

Mint: Vienna, Austria

Mintage in 1958 27 280 000

Country                   Austria 

Period              Second Republic (since 1945)

Type                  Standard circulation coin

Years                  1957-1973

Value                    10 Schilling 

Currency          Second Schilling (1945-2001)

Composition      Silver (.640)

Weight                    7.502 g

Diameter            27 mm

Thickness        1.58 mm

Shape                Round

Orientation        Medal alignment ↑↑

Demonetized        03-31-1975

References        KM# 2882, Schön# 79