The Modern Gold Bullion Family of Coins – Part 1
The Philharmonic of Austria
In a very brief guide to some of the key modern bullion coins of the world, I will look at some of the best known ones.
This member of the ‘Bullion Coin Family’ is the Austrian (Vienna) Philharmonic. Or the “Wiener Philharmoniker” as it is known.
The Austrian Philharmonic is minted by the The Austrian Mint and was introduced in 1989.
The 1oz gold Philharmonic coin is struck in 24 carat gold (999.9) and contains 31.10 grams of pure gold.
There can be no mistaking exactly where the Philharmonic coin gets its name from. The obverse side of the coin features the Great Organ which was found in the Golden Hall of the Musikverein, Vienna.
The reverse side features an assortment of musical instruments found within the Viennese Philharmonic Orchestra, these are; The Viennese Horn, Bassoon, Harp, four Violins and a Cello. This was designed by chief engraver Thomas Pesendorfer of the Mint.
In 2002 it became the first bullion coin to be denominated (valued / classified) in the Euro currency. Other bullion coins are generally classified by their weight e.g. 1oz coin.
The Philharmonic can be bought in different weights / denominations of :
1 oz (now 100 euros)
1/2 oz (now 50 euros)
1/4 oz (now 25 euros)
1/10th oz (now 10 euros)
1/25th oz (no euro value available)
To find out more about the Austrian Mint, their website address is : http://www.muenzeoesterreich.at/eng