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Austrian Philharmonic Gold Coins

austrian gold philharmonic

History of the Gold Philharmonic Coin

The history of the Vienna Philharmonic Gold Coins (also referred to as the Austrian Gold Philharmonic) is quite interesting. During the 1970s and early 1980s, South Africa's Krugerrand was banned from being shipped to many countries because of Western sanctions – so, gold coins were in scarce supply.

The Austrian government stepped in at an opportune time and produced its own gold coin. Austria picked the perfect time to release its gold coins because the market was ready for an alternative to the African Krugerrand.

The Austrian Gold Philharmonic coin was first minted in 1989. This Austrian legal tender was the first of its kind to feature a face value in euros and is one of the most affordable currencies produced by a sovereign government. Many investors buy this collectible from Austria because it is often priced just above the gold spot price.

The Minting Process for Philharmonic Gold

In the first year of production, the Austrian Mint produced 351,000 of the 1 oz Austrian Philharmonic gold coins. During their first production, they also minted 272,000 1/4 oz gold versions.

By the year 1990, the Austrian Gold Philharmonic was the most popular coin in Europe. This gold coin had become the second best seller in the world. Today, this bullion coin is more popular than ever. Investors appreciate that the Vienna Philharmonic Coin is IRS-approved for gold IRAs.

Specifications

Because scammers always abound, you need to know the specs for this gold bullion coin before you invest. We have provided these specifications to help you avoid purchasing fake Vienna Philharmonic coins.

  • The face value is €100.
  • The weight is 31.103 grams, which is one troy ounce.
  • The edge is smooth.
  • The coin's diameter is 37mm.
  • It is 2mm thick.
  • The metal composition is 99.99% pure gold.
  • This coinage has been minted since 1989.

Now you know the Austrian Philharmonic Gold Coin's purity and dimensions. It is one of the most beautiful in the world.

vienna philharmonic coin

Designs

The Gold Philharmonic Coin has a unique design that captivates investors all over the world. This coin beautifully commemorates the Philharmonic Orchestra.

The reverse design features the musical instruments that grace the stage with each performance. On the reverse, you will find the cello, harp, bassoon, and Viennese horn.

Above the instruments, you will find the German words “Wiener Philharmoniker” which is the German name of the Orchestra. These nstruments, like the Great Organ and Pipe Organ, are a worthy addition on the reverse side.

On the obverse, you will find the Musikverein Concert Hall balcony, referred to as the Golden Hall. This coinage features the words “REPUBLIK ÖSTERREICH.”

The obverse also features the weight, purity, and denomination. The design of the obverse was created by Thomas Pesendorfer, who was the head of the Austria Mint at the time.

Since the creation of his design, only one change has occurred in the production of the Austrian Gold Philharmonic. The Mint added a ring around the edge, called an edge rod, making the gold bullion coin easier to stack.

Standard Weights for the Gold Vienna Philharmonic Coin

Like many gold bullion coin offerings on the market, the Gold Vienna Philharmonic comes in multiple weights, including a one-ounce coin. This euro currency is made of pure gold and offers the following weight fractions:

  • 1 oz
  • 1/2 oz
  • 1/4 oz
  • 1/10 oz
  • 1/25 oz

As you can see, Philharmonic Gold Coin prices are denominated for collectors of all types. This coin is affordable for many investors because there are so many denominated options. These coins offer the perfect investment option.

Prices For Vienna Philharmonic Coins

When you want to pursue an investment in Vienna coins, knowing the price ranges is beneficial. The current Austrian Philharmonic Gold Coin price is $1,855.00. Of course, the Austrian Gold Coin price varies according to condition, age, and rarity.

The Austrian Philharmonic Gold Coin value has remained stable over the years because gold does not fall like the dollar. Many investors invest in the Austrian Philharmonic Gold Coin 1 oz because of its availability and the fact that it gives you plenty of gold weight for the investment.

We highly recommend you shop around for the best prices on the Austrian Philharmonic Gold Coin 110. Online dealers offer competitive prices on these 1-ounce gold bullion coins. Shopping around will help you save money on precious metals of all types.

Is the Austrian Philharmonic 1-Ounce Gold Coin Right For You?

This coin features Vienna's Golden Hall and is a collector's dream. Depending on the mintage year, these coins have a face value of 100 euros and are readily available in troy-ounce weights. This coin even comes in a silver version.

Whether you collect this legal tender because of Big Phil, its rich history, or its value, you cannot go wrong with investing in these Austrian coins. This is one of the first gold coins with a face value in euros.

These pure gold troy-ounce coins are IRS-approved, which means they are perfect for your gold IRA. Once you get your hands on this legal tender from Austria, you will gladly shell out the euros or dollars necessary to add them to your collection.

This gold bullion coin is highly collectible, no matter the face value or troy ounce. Even the Austria silver coin is a favorite among collectors. Check out this troy-ounce Austria currency featuring the Vienna Philharmonic Orchestra today.

These are available from the Austrian Mint and have a face value of 100 euros. The Gold Philharmonic captivates collectors and is easy to resell if you need the cash.

FAQ About Austrian Gold Philharmonic Coins

We understand you may still have questions about these gold coins. The following are some of the top questions asked by new collectors.

The average worth of these coins is $1,855.00, depending on the state, rarity, and other factors.  In most cases the value of rare coins is higher than those that are more readily available.

The Austrian Mint has a highly-respected reputation. This mint is one of the largest and most successful in all of Europe and produces some of the finest gold products in the world.

There are 20 coins in each tube.