The Austrian gold Vienna Philharmonic.

Reading Time: 2 minutes

The Austrian Mint first began producing the Vienna Philharmonic in 1989 and it quickly became very popular. The Vienna Philharmonic coin is struck in the finest and purest gold, 999.9 fine (24 carats) in a painstaking minting process. It is issued every year, in four different face values, sizes and weights. It is used as an investment product (bullion coin), although it inevitably ends up in private collections. According to the World Gold Council, it was the best-selling gold coin worldwide in 1992, 1995 and 1996.

The Vienna Philharmonic is the most successful European investment gold coin.

The way they feel in the hand because of the diameter is something else. However, Philharmonics don’t get the same love or premium as other government coins like Britannias, Kangaroos, or even Krugerrands, and they certainly don’t compare to the American Eagles (ASEs) and Libertads. One reason they are cheaèr than the American Gold Eagle for this is that you can buy Philharmonics directly from the mint, unlike ASEs which are only sold through dealers who then charge a premium to cover their costs.

Despite the nice big 100 euro face value, Philharmonics are less familiar to Americans and thus are less liquid in the US. Conversely, in Europe, Philharmonics are favored with a premium, while American coins are considered strange and illiquid.

YearsMintagelegal tender
1989351.0002000 Schillings
1990484.5002000 Schillings
1991233.5002000 Schillings
1992537.0002000 Schillings
1993234.0002000 Schillings
1994218.6002000 Schillings
1995645.5002000 Schillings
1996377.6002000 Schillings
1997408.3002000 Schillings
1998330.3002000 Schillings
1999230.7002000 Schillings
2000245.7002000 Schillings
200154.7002000 Schillings
2002164.105100 €
2003179.881100 €
2004176.319100 €
2005158.564100 €
200682.174100 €
2007108.675100 €
2008715.800100 €
2009835.700100 €
2010501.800100 €
2011586.700100 €
2012341.400100 €
2013579.200100 €
2014418.919100 €
2015647.100100 €
2016451.007100 €
2017355.436100 €
2018318.334100 €
2019164.312100 €

A design of musical instruments a cello, four violins, a Vienna horn, bassoon, and harp representing the Vienna Philharmonic Orchestra, as well as the text WIENER PHILHARMONIKER (”Vienna Philharmonic”), can be seen on the reverse of the coin.

The Musikverein

The subject of the obverse is the great organ in the Golden Hall in Vienna’s Musikverein, the concert hall of the Vienna Philharmonic Orchestra. The face value in Euros, the weight, alloy purity and year of issue are also inscribed on this side of the coin. At top sits the official name of the country, ‘REPUBLIK ‘STERREICH’.

Minted in 1/10, 1/4, 1/2 and 1 oz sizes, all Vienna Philharmonics are made from 99.99% pure gold. No alloyed metals are added. All coins are minted at the Austrian Mint AG, now a subsidiary of the Austrian National Bank which guarantees the weight and purity. The Mint was established in 1194. About 800 years ago, the Austrian Duke, Leopold V, took King Richard the Lionhearted of England prisoner after an argument in the Holy Land. When the King’s ransom was paid, a part of the silver was used to found the Vienna Mint and has remained in its current building since 1837.

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *


Posted

in

by

© 2024. Made with Twentig.