Presently, it is closer to the 2% premium depending on quantity but these deals are confidential between the Mints and their major customers.The Schilling was the official currency of Austria from 1924 to 1938 and from 1945 to 1999. Premiums on PhilharmonicsĪs with most one ounce gold bullion coins, they were originally made available to world bullion dealers at a 3% premium over the current gold fix, so that after distribution costs, the coins would be available to investors in quantity at about 4% to 5% over intrinsic gold values, and possibly 10% premium for single pieces. They continued to issue the 1/25 ounce over the coming years.Īlso in 2014, two coin proof sets were issued using the full ounce and quarter ounce Philharmonics as these were the two sizes originally issued in 1989. 25th AnniversaryĪ 1/25 ounce gold coin was issued with a face value of 4 Euro and a gold troy ounce weight of 0.0402. The €2,000 coin weighs 622.10 grams and contains 20 troy ounces of gold. In 2009 a new denomination of Philharmonic was introduced to celebrate the 20th anniversary of the coin. In 2007, The Canadian Mint surpassed the record with a 100kg gold Maple Leaf coin with a face value of Canadian $1,000,000. Only 15 were minted, one for each year the gold Philharmonic has been produced. In 2004, the Mint produced the worlds largest coin, a 1000 ounce gold coin (The Big Phil), with a face value of 100,000 Euro, weighing 31,1035 grams (31.1035 kilos). SizeĪnniversary of the Gold Philharmonic 15th Anniversary The following table summarises the specifications of all the sizes. Technical Specifications for Gold Philharmonics They later extended their range to include tenth ounce (1991), a half ounce (1994) and a twenty-fifth ounce (2014). Along with the 1oz coin, in 1989 the Austrian Mint also produced the Philharmonic in a quarter ounce. Gold Philharmonics are available in various weights and denominations. REPUBLIK OSTERREICH 1 UNZE GOLD 999.9 "DATE" "FACE VALUE" The Philharmonic Family Also featured on this side is the face value in Austrian Schillings or Euros (depending on the year the coin was minted), plus the weight, fineness and year of issue. This is the home of the Vienna Philharmonic Orchestra. The great organ in the Golden Hall in Vienna's concert hall (Musikverein) is the theme for the obverse side of the coin. Unlike the Krugerrand, the design is much more beautiful and intricate. Like the Krugerrand the design does not change year on year. The design of the coin concentrates, most obviously, on the Vienna Philharmonic Orchestra. However, since Austria adopted the Euro in 2002, the face value of the 1oz gold Philharmonic was changed to €100, making it the only European bullion gold coin but still with a legal tender status only in Austria. The Philharmonic coin is produced using 0.9999 gold and originally had a face value of 2000 Schillings (ATS), making the coin legal tender in Austria. The Austrian Mint in Vienna followed suit from the Royal Canadian Mint, South Africa Mint and Royal Mint, minting it's first 1oz gold bullion coin in 1989. Its design celebrates the Vienna Philharmonic Orchestra, considered by many to be the finest in the world, hence the name The Vienna Philharmonic coin, more commonly known as The Philharmonic or Philharmoniker, and sometimes shortened to Phil(s).
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