The Austrian Mint – in terms of appearance – can be called a temple. The majestic building is adjacent to some of the most famous centers for classical music, the Vienna Konzerthaus and the Musikverein, the latter being the alma mater of the Vienna Philharmonic Orchestra. The Austrian Mint is located in one of the most prestigious districts of Vienna. The convention thaler (also known as convention thaler), spelling until 1901 …thaler, was the thaler coin of many minting states of the Holy Roman Empire after the 20-guilder foot of the 1753 Minting Convention. The new monetary unit remained in use until 1753, when it was replaced by the issuance of a new talers, the convention talers. The silver thaler was recognized as the basic currency of Austria and was later called the Reichsthaler. After the accession of the Roman Emperor Ferdinand I to power, a new currency was introduced in Austria – the thalers, which were in circulation in Rome at that time. The oldest coin in Austria is the Guldiner, issued in 1484 during the reign of Archduke Sigismund. The date of foundation of the Austrian Mint is 1397. Year founded: 1397 Location: Austria, Vienna It has a large diameter for such coins (37 mm) and at the same time is quite thin (about 2 mm), which makes it very difficult to counterfeit the Philharmonic. According to the statistics of the World Gold Council, the Vienna Philharmonic has been one of the best-selling coins for several years in a row. Interesting is the fact that the design and layout of the coin have not undergone any changes. The resulting mintages were sold successfully, so in 1991 new versions were created: a 1/10 ounce and a ½ ounce. Originally, these coins were minted in two formats, depending on the weight of the piece – a troy ounce and a quarter ounce. Since the Philharmonic originated in Austria, the coin was minted by the Austrian Mint at the end of the last century. History of the Vienna Philharmonic Gold Coin The Philharmonic was first issued in 1989 and has since gained popularity not only among the citizens of the European Union, but also around the world. ![]() The Vienna Philharmonic is not only the most important coin of Austria, but it is also one of the few bullion coins with a face value in euros. However, after its highly successful appearance on the precious metals market, the 1/10 ounce was introduced in 1991 and the ½ ounce Philharmonic in 1994, followed by the 1/25 ounce in gold in 2014. It is worth noting that until 1991 the Philharmonic was minted in two weight classes – 1 ounce and ¼ ounce. Thus, a coin weighing one troy ounce (31.1 grams) was equivalent to 2000 shillings (100 euros today) and a coin weighing ½ ounce was equivalent to 1000 shillings (50 euros). ![]() Originally, before the introduction of the euro in 2002, the Philharmoniker was denominated in Austrian schillings. The coin is dedicated to the Vienna Symphony Orchestra (founded on Maby German composer and conductor Otto Nicolai), known worldwide for its world-class musical performances.Īustria was the second country after Great Britain to mint an official gold coin. ![]() Together with Krugerrand, Maple Leaf, American Eagle, Australian Kangaroo, Sovereign, Britannia and China Panda, the Vienna Philarmonic is one of the best known gold coins outside Europe. On October 10, 1989, one of Europe’s most popular bullion coins, the Vienna Philharmonic, was introduced.
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