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Between 1908 and 1914, Austria issued large gold coins called Austrian 100 Coronas. The 1915 gold piece was originally minted in both Austria and Hungary, depicting their date of issue. After the death of Austrian Emperor Joseph Franz I in 1916, restrikes of the gold coin were produced as commemorative pieces to honor his reign. When Americans regained the right to own gold in 1974, the Austrian corona was among the first gold bullion coin available. The 1915 gold piece was minted of .900 fine gold (21.6 karat), making them relatively durable. Each coin contains 0.98 oz of gold, slightly less than a troy ounce, has a diameter of 1.37 inches, and weighs 1.19 oz. The obverse of the Austrian corona features the profile of Franz Joseph I, facing to the right. He is often characterized as the last great monarch of Europe. The edges are lettered "Vnitis Viribvs." The reverse of the gold coin depicts the double-headed Imperial eagle of the Hapsburg Empire. The Hapsburg emperors considered themselves entitled to rule the world, which explains the eagle looking both east and west at the same time. Although no longer in production, the Austrian corona is readily available in today's marketplace.