Coin Spotlight Series: Gold Philharmonic

2
Oct

Coin Spotlight Series: Gold Philharmonic

The Vienna Philharmonic is a gold bullion coin issued by the Austrian Mint (Münze Österreich AG).  This one troy ounce (ozt) gold version was first introduced in 1989 with a face value of 2,000 Austrian schillings (ATS) but since 2002 has changed to a face value of €100.

Value 100 €
Mass 31.103 g
Diameter 37.0 mm
Thickness 2.0 mm
Edge reeded
Composition 99.99% gold
Gold 1.000 troy oz
Years of minting 1989–present

 

This gold coin was first offered for sale on October 10, 1989.  It was minted in only two sizes: one troy ounce and as a quarter ounce. In 1991 the one tenth oz coin was added for sale and in 1994, the half ounce coins were added.  All coins feature the same design with the only difference being the weight and face value shown. In 2014, a 1/25 ounce coin was added with a face value of €4.00.

The popularity of the Vienna Philharmonic has risen fast: in 1990, it was the best selling gold bullion coin in Europe and second in the world. In 1992, 1995, 1996 and 2000  it the best-selling gold coin in the world as declared by the World Gold Council.Since inception and up to 2012, more than 14 million Gold Philharmonics have been sold. This totals a weight of 9.6 million ounces or approximately 329 tons of gold.

Stay Tuned for more coin spotlights in this new Aaron Buys Gold series, coming soon.

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