March 3, 2016 – The Austrian Mint has issued the first coin in a new series of the Vienna Philharmonic. The new coin is the Austrian Mint’s first platinum offering in its 800-year history. The coin was presented during the 45th World Money Fair in Berlin.
The first coin in the new platinum series of the Vienna Philharmonic is a 1 ounce issue.
Produced from 999.5 pure platinum, the new Vienna Philharmonic coin features the same award-winning design by Austrian Mint head designer Thomas Pesendorfer as its gold and silver counterparts. It depicts the organ of the Musikverein concert hall in Vienna, the Vienna Philharmonic orchestra’s home, on one side and an assortment of musical instruments on the other. All three types of Vienna Philharmonic are legal tender, thus have global acceptability and are easily traded at the daily gold, silver or platinum price wherever major bullion coins are sold.
The Mint’s relationship with gold is, however, a long and fruitful one. If placed side by side, the 20 million pure gold Vienna Philharmonics sold to date would stretch for 500 km, or the distance between Vienna and Berlin. Stacked one on top of another they would form a pillar 28 km high, or three times the height of Mount Everest.
For more information go to the Austrian Mint’s website.
You can read more about the history of the Vienna Philharmonic bullion coins in this article.