The Compromise of 1867 is one of the most important events in the
history of modern Hungary.
The Hungarian Mint is marking the 150th anniversary of the important
occasion in the nation’s history by issuing the largest diameter
Hungarian coins ever issued.
Gold coin resistance at U.S. Mint and a
deceptive but detectable counterfeit Indian Head cent:
Another column in the June 12 Coin World details the discovery of
what seemed to be a rare 1917 French Indo-China 10-cent piece.
The Compromise of 1867 is a catch-all term referring to the
agreements that re-established the political, legal and economic
relations between the Austrian Empire and the Kingdom of Hungary at
the beginning of 1867.
It was negotiated between the head of the house of Hapsburg, King
Franz Joseph I, and a Hungarian delegation headed by Ferenc Deák and
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To mark 150th anniversary of the compromise, the National Bank of
Hungary is issuing an Uncirculated copper-nickel 2,000-forint piece
and a Proof .925 fine silver 20,000-forint coin.
Both commemorative coins are 52.5 millimeters in diameter and share
the same design, except for denominational inscription.
The obverse bears a portrait of Ferenc Deák inspired by the work of
Ede Telcs, linking a partially covered Hapsburg coat of arms with the
coat of arms of the Kingdom of Hungary. Ferenc Deák’s name in small
letters forms the lower border of the portrait, with his famous quote
“I am more able to love my homeland, than to hate my enemies” around
The reverse has portraits of Queen Elizabeth and Franz Joseph I with
the coat of arms of the house of Hapsburg connecting the portraits to
the Austrian coat of arms. Their names are below, with the script
KIEGYEZÉS (Compromise) around the bottom.
On the upper half of the reverse, the year of the compromise and the
year of minting are located one above the other, with the same digit 7
serving as the last digit of both dates, denoting the commemorative
nature of the coin.
The coin was designed by István Kósa.
The silver coin weighs 77.76 grams and is limited to 5,000 pieces.
It costs $97.75 per coin.
The copper-nickel coin weighs 66.9 grams, and costs $22.75 each.
Shipping and handling are an additional $5.75, and Vermont residents
must include 6 percent sales tax.
To order, contact the Hungarian Mint’s North American
representative, the Coin & Currency Institute, at its website.