| Coin | Weight (g) | Composition | Gold Melt Value | Full Melt Value |
|---|---|---|---|---|
| 100 Euros | 31.103 | 99.99% gold | ||
| 50 Euros | 15.552 | 99.99% gold | ||
| 25 Euros | 7.776 | 99.99% gold | ||
| 10 Euros | 3.121 | 99.99% gold |
The Austrian Mint’s “999,9” Gold Philharmonic was first struck in 1989. It is the ‘finest’ gold: .9999 pure gold, 99.99% gold bullion, or 24 karat gold. The Gold Philharmonic is the only European gold legal tender outside of small commemorative gold bullion. In 1992, 1995, and again in 1996 the World Gold Council announced the Gold Philharmonic as the best selling gold coin. Most investment strategists recommend a 2% to 5% holdings of a precious metal. Gold is a great choice and the Gold Philharmonic is an excellent product.
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The Gold Philharmonic was designed in 1989 by Thomas Pesendorfer. Born in 1952 he has designed over a dozen coins for the Austrian mint. In 1989 the “Vienna Philharmonic” won the Best Gold Coin Award from the United States Krause Publications. Then in 1991 the Vreneli Prize for best gold coin from the Munzen Revue.
The obverse depicts the great organ, which is in the Golden Hall of the Vienna Philharmonic Orchestra’s home, pMusikverein, the Vienna’s concert hall. The coin has the weight and “ GOLD 999,9” under the organ, and then under that, the date. Encircling the bottom is the denomination. Encircling the top is “REPUBLIK OSTERREICH”.
The reverse has an array of instruments representing the orchestra. This motif features: a French horn, bassoon, concert harp, cello, two violins, and 2 violas. Encircling the top is “WIENER PHILHARMONIKER”. The edge has a ‘grain’ pattern.
The Austin Mint was the first to strike Euro denominational coins in 2002. Gold Philharmonic is also the only regularly issued bullion coin denominated in Euros.
The Gold Philharmonic is available in four different sizes:
1) “1 UNZE” 100 Eurodollar (“100 EURO”) is 31.103 g (1.10 ounce or 1.000 troy ounce) 37 mm (1.46 in) in diameter and 20mm (0.79 in) thick. (Formerly “2,000 SCHILLING”)
2) “1/2 UNZE” 50 Eurodollar (“50 EURO”) is 15.552 g (0.55 oz or 0.50 ozt), 28mm (1.10 in) diameter, and 1.6mm (0.06 in) thick. (Formerly “1,000 SCHILLING”)
3) “1/4 UNZE” 25 Eurodollar (“25 EURO”) is 7.776 g (0.27 oz or 0.25 ozt), 22mm (0.87 in) diameter, and 1.2mm (0.05 in) thick. (Formerly “500 SCHILLING”)
4) “1/10 UNZE” 10 Eurodollar (“10 EURO”) is 3.121 g (0.11 oz or 0.10 ozt), 16mm (0.63 in) diameter, and 1.2mm (0.05 in) thick. (Formerly “200 SCHILLING”)
There is a special minting of a 100,000 Eurodollar Gold Philharmonic. This coin has the Guiness World Record as the world’s largest gold coin. It is 31.103 kg (69 lb or 1,000 troy ounces) 370mm (14.57 in) in diameter and 20mm (0.79 in) thick. In 2004 only 15 where minted.
To commemorate the twentieth anniversary of the first Austrian bullion coin first struck October 10th, 1989. They minted 6,027 Vienna Philharmonic weighing 20 troy ounces (622 g) and 74mm in diameter on October 16th, 2009.
The Austrian Mint in Vienna has a very long tradition. In 1192 Duke of Austria Leopold V captured King Richard I of England near Vienna. It was founded with part of the ransom of 150,000 marks (65,000 pounds of silver), paid over a year later in 1194.
The Austrian Mint has minted a wide variety of coins over the centuries since. However, the first and only gold currency of Austria was the Krone (Crown) first struck in 1892 until 1924. The gold coins that were minted prior to 1892 were “trade coins” and used for international bullion coins. Many of these had two denominations marked on them. For instance in 1870 to 1892 Austria minted a 90% gold 8 florin/20 francs. The Krone is now available new as restrikes and so are other restrikes of other gold coins from this era.
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