Item: i111198
 
Authentic Coin of:

Austria – 50th Anniversary of the Republic
1968 50 Schilling Silver 34mm (19.94 grams) 0.900 Silver (0.5787 oz. ASW)
Reference: KM# 2904
· REPUBLIK · 50 SCHILLING ÖSTERREICH, Shields surround value.
50 JAHRE REPVBLIK 1918 1968, Parliament building in Vienna, matte surface between pillars.
Edge Lettering:
FUENFZIG SCHILLING

You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.

The Austrian Parliament Building (German: Parlamentsgebäude, colloquially das Parlament) in Vienna is where the two houses of the Austrian Parliament conduct their sessions. The building is located on the Ringstraße boulevard in the first district Innere Stadt, near Hofburg Palace and the Palace of Justice. It was built to house the two chambers of the Imperial Council (Reichsrat), the bicameral legislature of the Cisleithanian (Austrian) part of the Austro-Hungarian Empire. Since its construction, the Parliament Building has been the seat of these two houses, and their successors-the National Council (Nationalrat) and the Federal Council (Bundesrat)-of the Austrian legislature.

The foundation stone was laid in 1874; the building was completed in 1883. The architect responsible for its Greek Revival style was Theophil Hansen. He designed the building holistically, aiming to have each element harmonizing with all the others. He was therefore also responsible for the interior decoration, such as statues, paintings, furniture, chandeliers, and numerous other elements. Hansen was honored by Emperor Franz Joseph with the title of Freiherr (Baron) after its completion. Following heavy damage and destruction in World War II, most of the interior has been restored to its original splendour.

The parliament building covers over 13,500 square meters, making it one of the largest structures on Ringstraße. It contains over one hundred rooms, the most important of which are the Chambers of the National Council, the Federal Council, and the former Imperial House of Representatives (Abgeordnetenhaus). The building also includes committee rooms, libraries, lobbies, dining rooms, bars and gymnasiums. One of the building’s most famous features is the Pallas Athena fountain in front of the main entrance, built by Carl Kundmann after plans from Hansen, from 1898 to 1902 and it is a notable Viennese tourist attraction.

The Parliament Building is the site of important state ceremonies, most notably the swearing-in ceremony of the President of Austria and the state speech on National Day each October 26. The building is closely associated with the two parliamentary bodies, as is shown by the use of the term Hohes Haus as a metonym for “Parliament”. Parliamentary offices spill over into nearby buildings, such as the Palais Epstein.

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.^[14] 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.