The Austrian Philharmonic gold coin is a modern bullion coin in honor of the world renowned Vienna Philharmonic Orchestra.
The Wiener or the Vienna Philharmonic coin is part of the modern Euro gold commemorative coins made by the Austrian Mint which has been striking gold coins for over 800 years. The Euro gold coins are circulated among the Eurozone member states.
Though the Vienna Philharmonic coins have a face value of 2000 Schillings, they are only legal tender in Austria. Thus, the Philharmonic gold coins are accepted as bullion coins in other Eurozone countries but they are not accepted as money in those areas.
The obverse depicts the great organ in the Golden Hall in the Musikverein, the concert hall where the Vienna Philharmonic Orchestra performs. The words “Republik Österreich” form an arch over the organ design.
Also inscribed on the obverse are the face value in euros, the weight, the alloy purity, and the mint year.
The reverse of the Vienna philharmonic coin shows a set of musical instruments surrounded by the text: Wiener Philharmoniker or the Vienna Philharmonic.
Every year, the gold Austrian Philharmonicas are minted in four different denominations: the 1 oz., ½ oz., ¼ oz., and the 1/10 oz. Each Philharmoniker gold coin is struck in pure 999.9 fine and 24 karats gold.
In 2008, the Austrian Mint started to produce silver Austrian Philharmonic coins. The design of the new Philharmonicas is similar to the Wiener gold coins aside from its face value of 1.50 Euros.
The Austrian Philharmonic has a great gold collector and investor demand in the gold bullion coin market. The World Gold Council hailed the Austrian Philharmonic coin as the best selling gold bullion coin in the years 1992, 1995, and 1996.
The Vienna Philharmonic coins, as bullion coins, are a great way to invest in gold coins to hedge economic inflation. Each Philharmonic gold bullion coin is guaranteed by the Austrian government for its weight and purity, making it readily saleable in the gold coin market everywhere in the world.