The Wiener Philharmoniker is the most sought-after European gold coin and also enjoys worldwide popularity as an official investment currency. The gold Wiener Philharmoniker was first issued by the Austrian Mint on 10 October 1989. The gold coin is named after the famous Viennese orchestras. The gold coin has been a resounding success on an international level and was named the most successful coin in the world in 1992, 1995, 1996 and 2000.
Golden Philharmoniker
The gold Philharmoniker is an investment coin that has been minted by the Austrian mint since 1989. The coin has a purity of 999.9 gold and was initially only marketed as a 1 troy ounce and 1/4 troy ounce coin. In 1991 a 1/10 troy ounce coin was added and in 1994 the series was completed with a gold Philharmoniker coin of 1/2 troy ounce.
The obverse of the coin depicts the organ of the Wiener Philharmoniker, together with its face value, gold content of 999.9 and the weight of the coin. Also on this side of the coin is the text 'Republik Österreich'. On the reverse of the coin is the text 'Wiener Philharmoniker' and we see a Viennese horn, a bass, a harp, a cello and four violins, instruments used by the orchestra.
The design for this gold investment coin comes from Thomas Pesendorfer and has not changed since its introduction in 1989. The coin, unlike the silver Philharmoniker, has a serrated edge. The gold Philharmoniker coins of 1 troy ounce are packed in plastic tubes of ten pieces, but you can of course also buy them separately.
Popular gold coin
The Philharmoniker quickly became one of the most popular investment coins in the world. In 1990 it was already the best-selling gold investment coin in Europe and the second best-selling gold coin worldwide. In 1992, 1995, 1996 and 2000, the World Gold Council declared the gold Philharmoniker the best-selling gold coin in the world.
Between 1990 and 2015, the Austrian mint minted a total of 11.5 million troy ounces of these gold coins. Due to the high demand for gold, the production of Philharmoniker coins increased to about 1.3 million troy ounces in 2015. This made it the best-selling gold coin of 2015.
The gold Philharmoniker coins are sold relatively little in the Netherlands. The coins are particularly popular in Germany, Japan and the United States. It is precisely in these markets that the demand for gold increased sharply in 2015, resulting in a record sale of these gold coins.
Big Phil
In 2004, on the occasion of the 15th anniversary of the Philharmoniker, the Austrian mint released an extra-large coin of 1,000 troy ounces. This 'Big Phil' contains more than 31.1 kilograms of pure gold and was given a face value of 100,000 euros. Only 15 copies of this coin were produced in total. At the time, it was the largest and heaviest coin in the world. That changed in 2007, when the Royal Canadian Mint unveiled an even larger 100-kilogram version of the gold Maple Leaf with a face value of 1 million Canadian dollars.
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