Gold Vienna Philharmonics Coins Review

A gold Vienna Philharmonics coin is a coin first struck in the best European traditions by the Austrian Mint located in Vienna in 1989. This gold bullion coin is produced in the purest gold form of 24 karats (999.9) and is now available in five various sizes. Gold Vienna Philarmonics coins are offered in several varieties, exactly in bullion and proof types. These Austrian bullion and gold proof coins were the best selling gold bullion coins in a number of years around the world, in 1992, 1995 and 1996.

The Gold Vienna Philharmonics coins are proudly embellished with the iconic musical instruments that play an integral part in the world’s renowned Philharmonics Orchestra of Vienna. The obverse surface of the coin bears the image of the Central Hall of the Vienna Philharmonics Orchestra called Musikverein, while the reverse side features a display of violins, string bass, a Vienna horn, a clarinet, a harp and others.

The unique design, beauty and exceptional gold content of Gold Vienna Philharmonics coin that is the only European coin denominated in Euros make this coin one of the most preferred gold investments and coveted additions to any numismatic collection. In addition, the fact that Gold Vienna philharmonics coin was recognized as a legal tender for two different currencies, Austrian shillings in the past and Euros in the present adds to the uniqueness of this coin. It is also the only European bullion coin that exercises its legal tender.

The gold Vienna Philharmonics coins were first minted in four different sizes, namely, a full ounce, half an ounce, quarter of an ounce and once the smallest size of a tenth of an ounce. These coins also have various face values in Euros starting from 100 Euros in a full ounce coins and 50, 25 and 10 Euros respectively. This allows investors and collectors a great selection to fit their needs and wants. To celebrate the 25th anniversary of the Vienna Philharmonics coin, the Austrian Mint introduced a brand new size for this bullion coin, 1/25 of an ounce elevating its popularity to a whole new level.

Despite the fact that four different sizes are produced regularly, the most popular design offered by most online gold sites is the one ounce gold Vienna Philharmonics, fractional sizes are harder to find and they dictate much higher dealer mark ups and premiums. As of February 24th, 2014 Northwest Territorial Mint was selling each of the Gold Philharmonics for the price of $140 over the spot price of gold which amounts to 10.5% of premium amount per coin. In addition to the premium and shipping charges, expect to follow their imposed minimum purchasing amount of 3 oz of gold since these coins are considered very high in demand among investors and collectors.

Did you know that in 2004, 15 massive Vienna Philharmonic coins were minted, each weighing in at 1,000 troy ounces with denomination of 100,000 euros making them one of the largest bullion coins in the world?

If you would like to enrich your numismatic collection or invest your hard earned dollars in a true currency that had been tested by time, the Vienna Philharmonics are the way to go to insure safe and secure investment for years to come. Take care to buy these and other certified gold coins only from reputable sources to avoid gold market scams.

If you are willing to learn more about other gold coins like, for example, German gold coins, check out our other articles on the website.