The effects of cooling rate on the microstructure and cryogenic impact toughness of coarse-grained heat-affected zone (CGHAZ) and inter-critically reheated coarse-grained HAZ (IC CGHAZ) in 9% Ni steel were investigated. CGHAZ and IC CGHAZ specimens were prepared from 9% Ni steel by controlling the cooling rate of the simulated welding process. The microstructure of the CGHAZ specimens consisted of autotempered martensite and lath martensite. As the cooling rate increased, the volume fraction of the autotempered martensite and the effective grain size decreased. A large amount of fine carbides was distributed inside the auto-tempered martensite, the dislocation density was low, and high angle grain boundaries were not observed. The microstructure of the IC CGHAZ specimens consisted of tempered martensite and lath martensite. As the cooling rate increased, the volume fraction of the tempered martensite and effective grain size decreased. Finer carbides were distributed inside the tempered martensite than in the auto-tempered martensite, the dislocation density was low, and high angle grain boundaries were not observed. Cryogenic fracture revealed that ductile fracture occurred in the auto-tempered martensite and tempered martensite, and brittle fracture occurred in the lath martensite. The crack propagation path was zig-zag in the high angle grain boundaries of the lath martensite. The volume fraction of auto-tempered martensite and tempered martensite and the effective grain size in the HAZ specimens had a significant effect on cryogenic impact toughness. In the IC CGHAZ specimens, cryogenic impact toughness decreased and then became constant as the cooling rate increased, due to a decrease in the volume fraction of the tempered martensite and effective grain size.