Austria – Franz Joseph I – Emperor: 2 December 1848 – 21 November 1916 1912 Silver 2 Corona 27mm (10.00 grams) 0.835 Silver (0.2685 oz. ASW) Reference: KM# 2821 (1912-13) FRANC.JOS.I.D.G.IMP.AVSTR.REX BOH.GAL.ILL.ETC.ET AP.REX HVNG. ST. SCHWARTZ, Franz Joseph I bust bare headed facing right. Signature below bust. II CORONÆ MDCCCCXIII 2 COR., Crowned double headed imperial eagle with arms of the Habsburg-Lorraine. Value divided by the tail feathers, date below. Edge Lettering: VIRIBVS VNITIS
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Franz Joseph I or Francis Joseph I (Franz Joseph Karl; 18 August 1830 – 21 November 1916) was Emperor of Austria, King of Hungary, and monarch of other states in the Austro-Hungarian Empire, from 2 December 1848 to his death. From 1 May 1850 to 24 August 1866 he was also President of the German Confederation. He was the longest-reigning Emperor of Austria and King of Hungary, as well as the third-longest-reigning monarch of any country in European history, after Louis XIV of France and Johann II of Liechtenstein.
In December 1848, Emperor Ferdinand abdicated the throne at Olomouc, as part of Minister-president Felix zu Schwarzenberg’s plan to end the Revolutions of 1848 in Hungary. This allowed Ferdinand’s nephew Franz Joseph to accede to the throne. Largely considered to be a reactionary, Franz Joseph spent his early reign resisting constitutionalism in his domains. The Austrian Empire was forced to cede its influence over Tuscany and most of its claim to Lombardy-Venetia to the Kingdom of Piedmont-Sardinia, following the Second Italian War of Independence in 1859 and the Third Italian War of Independence in 1866. Although Franz Joseph ceded no territory to the Kingdom of Prussia after the Austrian defeat in the Austro-Prussian War, the Peace of Prague (23 August 1866) settled the German question in favour of Prussia, which prevented the Unification of Germany from occurring under the House of Habsburg.
Franz Joseph was troubled by nationalism during his entire reign. He concluded the Austro-Hungarian Compromise of 1867, which granted greater autonomy to Hungary and transformed the Austrian Empire into the Austro-Hungarian Empire, under his dual monarchy. His domains were then ruled peacefully for the next 45 years, but Franz Joseph personally suffered the tragedies of the execution of his brother Emperor Maximilian of Mexico in 1867, the suicide of his only son and heir, Crown Prince Rudolf, in 1889, and the assassination of his wife, Empress Elisabeth, in 1898.
After the Austro-Prussian War, Austria-Hungary turned its attention to the Balkans, which was a hotspot of international tension because of conflicting interests with the Russian Empire. The Bosnian Crisis was a result of Franz Joseph’s annexation of Bosnia and Herzegovina in 1908, which had been occupied by his troops since the Congress of Berlin (1878).
On 28 June 1914, the assassination of his nephew, Archduke Franz Ferdinand, in Sarajevo resulted in Austria-Hungary’s declaration of war against the Kingdom of Serbia, which was Russia’s ally. That activated a system of alliances which resulted in World War I.
Franz Joseph died on 21 November 1916, after ruling his domains for almost 68 years. He was succeeded by his grandnephew Charles.
Austria, officially the Republic of Austria (German: Republik Österreich), is a federal republic and a landlocked country of over 8.5 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Hungary and Slovakia to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The territory of Austria covers 83,879 square kilometres (32,386 sq mi). Austria’s terrain is highly mountainous, lying within the Alps; only 32% of the country is below 500 metres (1,640 ft), and its highest point is 3,798 metres (12,461 ft). The majority of the population speak local Bavarian dialects of German as their native language, and Austrian German in its standard form is the country’s official language. Other local official languages are Hungarian, Burgenland Croatian, and Slovene.
The origins of modern-day Austria date back to the time of the Habsburg dynasty when the vast majority of the country was a part of the Holy Roman Empire. From the time of the Reformation, many Northern German princes, resenting the authority of the Emperor, used Protestantism as a flag of rebellion. The Thirty Years War, the influence of the Kingdom of Sweden and Kingdom of France, the rise of the Kingdom of Prussia, and the Napoleonic invasions all weakened the power of the Emperor in the North of Germany, but in the South, and in non-German areas of the Empire, the Emperor and Catholicism maintained control. During the 17th and 18th centuries, Austria was able to retain its position as one of the great powers of Europe and, in response to the coronation of Napoleon as the Emperor of the French, the Austrian Empire was officially proclaimed in 1804. Following Napoleon’s defeat, Prussia emerged as Austria’s chief competitor for rule of a larger Germany. Austria’s defeat by Prussia at the Battle of Königgrätz, during the Austro-Prussian War of 1866 cleared the way for Prussia to assert control over the rest of Germany. In 1867, the empire was reformed into Austria-Hungary. After the defeat of France in the 1870 Franco-Prussian War, Austria was left out of the formation of a new German Empire, although in the following decades its politics, and its foreign policy, increasingly converged with those of the Prussian-led Empire. During the 1914 July Crisis that followed the assassination of Archduke Franz Ferdinand of Austria, Germany guided Austria in issuing the ultimatum to Serbia that led to the declaration of World War I.
After the collapse of the Habsburg (Austro-Hungarian) Empire in 1918 at the end of World War I, Austria adopted and used the name the Republic of German-Austria (Deutschösterreich, later Österreich) in an attempt for union with Germany, but was forbidden due to the Treaty of Saint-Germain-en-Laye (1919). The First Austrian Republic was established in 1919. In the 1938 Anschluss, Austria was occupied and annexed by Nazi Germany. This lasted until the end of World War II in 1945, after which Germany was occupied by the Allies and Austria’s former democratic constitution was restored. In 1955, the Austrian State Treaty re-established Austria as a sovereign state, ending the occupation. In the same year, the Austrian Parliament created the Declaration of Neutrality which declared that the Second Austrian Republic would become permanently neutral.
Today, Austria is a parliamentary representative democracy comprising nine federal states. The capital and largest city, with a population exceeding 1.7 million, is Vienna. Austria is one of the richest countries in the world, with a nominal per capita GDP of $52,216 (2014 est.). The country has developed a high standard of living and in 2014 was ranked 21st in the world for its Human Development Index. Austria has been a member of the United Nations since 1955, joined the European Union in 1995, and is a founder of the OECD. Austria also signed the Schengen Agreement in 1995, and adopted the euro in 1999.
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