For more than eight centuries, the Austrian Mint has had a profound influence upon the culture, the economy, and the everyday life of Austria, Europe, and the financial world. About 800 years ago, the Austrian Babenberg Duke, Leopold V, took King Richard the Lionhearted of England prisoner after an argument in the Holy Land. When the King's ransom was paid, a part of the silver was used to found the Vienna Mint. Minted in 24 Carat Solid Gold - Each Austrian Philharmonic gold coin is struck in 24 carat solid gold that is 99.99% pure gold. This is the finest and purest of gold coins created in a painstaking minting process. The Austrian Mint is known for magnificently engraved gold coins like the Philharmonics, which feature musical instruments honoring the world famous Philharmonic Orchestra of Vienna. On the obverse side of each gold coin is the Great Pipe Organ of Vienna's Golden Concert Hall, home of the Philharmonic. This side also exhibits the face value in Austrian Schillings plus the weight, fineness, and year of issue as required by law.
The Austrian Philharmonics Gold Coin is also known as Vienna Philharmonics. It is recognized as one of the most beautiful and elegant gold coins issued by the Austrial Mint. In the end of the XXth century the Austrian Philharmonics gold coin was one of the best selling gold coins in the world. It gained less popularity in the USA than it was expected, however it remains recognized. This gold coin is a direct competitor of the US Gold Eagle and the South African Krugerrand. Philharmonics Gold Coins are traded like the South African Krugerrand, through primary and secondary market. The first one sells new and second sells used ones, respectively. Those investors who are willing to buy The Austrian Philharmonics Gold Coin are paying the same premiums as paid for new Gold Eagles or new Krugerrands. The gold coin is popular among collectors and investors. Its price is not likely to fall at the near future.
