Inscription [opgelost]

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KAI KON ERBLANDISCHE SCHEID MUNZ

I want to know about this coin's inscription. I think the KON. means konigratzer, but the translator doesn't catch up to it. Is KAI supposed to mean kaiser? But did Austria name it's emperors kaiser, like Germany would do in 1871? What about erblandische scheid munz? Are them abreviations?
Pecunia Totum Circummit Ordem
KAI KON is abbreviation for Kaiserlich und Koniglich, the Kaiserlich from the Kaiser (emperor) as the emperor of the Austrian empire and Koniglich for royal, with the emperor also being the king of Hungary and recognizing Hungary's special status within the Austro-Hungarian Empire.

Will
The same double-headed eagle is found in a wall painting in Oudenaarde city hall :

Shield is a little different ( Spanish influences ?), but I thought some people might like it.

Regards
Tony
World coins by date and mint place, 1850-2000
Kaiserlich Königlich Erblandische Scheide-Münze

Those are the full words - translated roughly as
Imperial Royal hereditary land small change

I saw a page translated it as ...
'Small coins of the Emperor and King's hereditary States'
https://books.google.co.uk/books?id=bJZeAAAAcAAJ&pg=PA215&lpg=PA215&dq=ERBLANDISCHE&source=bl&ots=KTHCpOm5_s&sig=KH6nePI1qUZyWRIake0DrzR9fC4&hl=en&sa=X&ved=0ahUKEwimjquQ1YfYAhXFKewKHSr_A50Q6AEIXTAI#v=onepage&q=ERBLANDISCHE&f=false
Token collector [1600-1899] with some coins

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