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Austria
450th Anniversary of the Death of Maximilian I
1969 Proof Silver 50 Schilling 33mm (20.18 grams) 0.900 Silver (0.5787 oz. ASW)
Reference: KM# 2906
Certification: NGC MS 63 2863615-004
1493 – MAXIMILIAN I – 1519-1969, Bust of Maximillian I with hat, right, dates in legend.
· REPUBLIK · 50 SCHILLING ÖSTERREICH, Value withing circle of shields.
Edge Lettering: FUENFZIG SCHILLING
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
 Maximilian I (22 March 1459 – 12 January 1519) was King of the Romans from 1486 and Holy Roman Emperor from 1508 until his death. He was never crowned by the pope, as the journey to Rome was blocked by the Venetians. He proclaimed himself Elected Emperor in 1508 (Pope Julius II later recognized this) at Trent, thus breaking the long tradition of requiring a Papal coronation for the adoption of the Imperial title. Maximilian was the son of Frederick III, Holy Roman Emperor, and Eleanor of Portugal. Since his coronation as King of the Romans in 1486, he ran a double government, or Doppelregierung (with a separate court), with his father until Frederick’s death in 1493.
Maximilian expanded the influence of the House of Habsburg through war and his marriage in 1477 to Mary of Burgundy, the ruler of the Burgundian State, heir of Charles the Bold, though he also lost his family’s original lands in today’s Switzerland to the Swiss Confederacy. Through marriage of his son Philip the Handsome to eventual queen Joanna of Castile in 1498, Maximilian helped to establish the Habsburg dynasty in Spain, which allowed his grandson Charles to hold the thrones of both Castile and Aragon. The historian Thomas A. Brady Jr. describes him as “the first Holy Roman Emperor in 250 years who ruled as well as reigned” and also, the “ablest royal warlord of his generation.”
Nicknamed “Coeur d’acier” (“Heart of steel”) by Olivier de la Marche and later historians (either as praise for his courage and martial qualities or reproach for his ruthlessness as a warlike ruler), Maximilian has entered the public consciousness as “the last knight” (der letzte Ritter), especially since the eponymous poem by Anastasius Grün was published (although the nickname likely existed even in Maximilian’s lifetime). Scholarly debates still discuss whether he was truly the last knight (either as an idealized medieval ruler leading people on horseback, or a Don Quixote-type dreamer and misadventurer), or the first Renaissance prince — an amoral Machiavellian politician who carried his family “to the European pinnacle of dynastic power” largely on the back of loans. Historians of the second half of the nineteenth century like Leopold von Ranke tended to criticize Maximilian for putting the interest of his dynasty above that of Germany, hampering the nation’s unification process. Ever since Hermann Wiesflecker’s Kaiser Maximilian I. Das Reich, Österreich und Europa an der Wende zur Neuzeit (1971-1986) became the standard work, a much more positive image of the emperor has emerged. He is seen as an essentially modern, innovative ruler who carried out important reforms and promoted significant cultural achievements, even if the financial price weighed hard on the Austrians and his military expansion caused the deaths and sufferings of tens of thousands of people.
Through an “unprecedented” image-building program, with the help of many notable scholars and artists, in his lifetime, the emperor – “the promoter, coordinator, and prime mover, an artistic impresario and entrepreneur with seemingly limitless energy and enthusiasm and an unfailing eye for detail” – had built for himself “a virtual royal self” of a quality that historians call “unmatched” or “hitherto unimagined”. To this image, new layers have been added by the works of later artists in the centuries following his death, both as continuation of deliberately crafted images developed by his program as well as development of spontaneous sources and exploration of actual historical events, creating what Elaine Tennant dubs the “Maximilian industry”.
  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.
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