Austrian Mint - Gold Philharmonic 1 oz
- The Gold Philharmonic was created as a Gold tribute to the renowned Vienna Philharmonic Orchestra.
- The obverse of the Gold Philharmonic coin depicts the Great Organ of the Golden Hall in Vienna's concert hall, the Musikverein.
|Weight:||1.000 troy oz (31.103 grams)|
|Diameter:||1.598 inches oz (40.60 mm)|
|Mint and Mint Mark:||West Point|
Gold Philharmonic 1 oz Coin Details
This gold coin series was launched in 1989 by the Austrian Mint; it was inspired by the success of so many other coin series from other sovereign nations.
The coin was first introduced in 1989 with a face value of 2,000 Austrian schillings (ATS) and is generally one of the world's best selling bullion coins. In 2002, with the adoption of the euro currency, the face value of the one ounce coin was changed to €100.
The gold Vienna Philharmonic was first offered on October 10, 1989. The popularity of the Vienna Philharmonic grew quickly: in 1990, the coin was the best selling in Europe and second in the world. In 1992, 1995, 1996 and 2000 the World Gold Council declared it the best-selling gold coin in the world. Since its introduction in October 1989 up to 2012, more than 14 million Philharmonics have been sold for a total weight of 9.6 million ounces or approximately 329 tons of gold.
The Vienna Philharmonic is currently the only European bullion coin with a face value in euros, although it is only legal tender in Austria. In 2004, the Vienna Philharmonic accounted for 35 to 40% of sales in Europe. It is also popular in Japan and North America.
The obverse (front) design features the Great Organ of the Golden Hall in Vienna’s concert hall, the Musikverein, along with the year, weight and face value.
The reverse (back) designshows instruments of the Vienna Philharmonic, including a Vienna horn, bassoon, harp, and four violins centered on a cello. Both designs were produced by the chief engraver of the Austrian Mint, Thomas Pesendorfer.