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Austria has one of the richest traditions in minting in the world. The oldest reference to the Austrian Mint was in 1397 and was in operation even before then. It has operated nonstop since then, making it one of the oldest continuously running mints in the world.
With that rich historic backdrop, it might be surprising to learn that the Gold Vienna Philharmonics Coin is relatively new, only having been first minted in 1989. However, even in the past two decades this coin has created an interesting history of its own.
When it was first minted, the Gold Vienna Philharmonics Coin was priced in Austrian Schillings. This was the denomination for the coin from 1989 through 2001. However, with Austria switching its currency to Euros in 1999, the Gold Vienna Philharmonics Coin also switched its denomination to Euros as well. However, the switch didn’t occur until 2002. This makes this coin one of the few gold coins in the world to have been minted under two separate currencies.
The coin is well known throughout the coin collecting world for its beautiful design. The obverse features a number of musical instruments, including cellos, violins, and a harp, with the name of the Vienna Philharmonic in German at the top. The reverse features an image of the great organ in the Golden Hall of the Philharmonic, along with the year and denomination.
The coin is minted in denominations of 10, 25, 50, and 100 Euros. In 2004, 15 coins were minted with an astonishing nominal value of €100,000.
Due in part to its beautiful design by Thomas Pesendorfer and due in part to its status as the only regularly minted bullion coin in Euros, the Vienna Philharmonics Coin is very popular with collectors. In 1992, 1995 and 1996, the coin was the best selling gold coin the world.
The Gold Vienna Philharmonics Coin would make an excellent addition to your collection or your portfolio. Contact us today to speak with a Precious Metals Specialist about purchasing this coin.
United States Gold Bureau is a private distributor of Gold, Silver & Platinum coins from the U.S. Mint and is not affiliated with the U.S. Government. Information on this web site is intended for educational purpose only and is not to be used as investment advice or a recommendation to buy sell or trade any asset that requires a licensed broker. As with all investments there is risk and the past performance of a particular asset class does not guarantee any future performance. The United States Gold Bureau, principals and representatives do not guarantee to clients that they will realize a profit or guarantee that losses may not be incurred as a result of following its coin collecting recommendations, or upon liquidation of coins bought from the U.S. Gold Bureau. All content and images are owned by USGB and may not be reproduced without written authorization. Copyright 2012.