On 9 March 2016, the Austrian Mint will released new Silver Niobium series coin, 2016 Time €25 Silver Niobium Coin. The latest ingenious addition to the Austrian Mint’s best-selling two-tone silver niobium coins dedicated to the history of chronometry.
Time Silver Niobium Coin uses its two-tone niobium core and outer silver ring to show a selection of timepieces throughout the ages.
The coin reverse shows a time spiral and the time in a selection of famous cities. It also show the sun and moon, along with an hourglass and watch mechanism, which were widely used until the 16th century.
On the obverse, the coin shows an old-fashioned clock face in the niobium core and a chronometer in the outer silver ring with wording "REPUBLIK ÖSTERREICH", year of issue, 2016 and face value 25 EURO.
Technical Specifications:
Quality: special uncirculated
Collection: Silver-Niobium
Face value: 25 Euro
Date of issue: 09.03.2016
Coin design: Mag. Helmut Andexlinger
Diameter: 34.00 mm
Alloy: Silver-Niobium
Ring: Silber Ag 900
Pill: Niob
Fine weight: 9.00 g
Total weight: 16.50 g
Mintage: 65,000
Price released: €69.60 incl. 20% VAT
Comes in a case complete with a numbered certificate of authenticity and protective slipcase
The theoretical meaning of time may have long been a major subject of debate among philosophers, physicists and religious figures, but the more practical discipline of its measurement has proved to be less of a mystery. It was determined back then that an hour lasts 60 minutes, though time has since been increasingly sub-divided, first into seconds and eventually nanoseconds. This has had the effect of making time ever more precious, with the phrase “time is money“, famously coined by Benjamin Franklin in 1748, being more pertinent today than ever, Standing for lasting value in a fast-moving world.
The 2016 Time €25 Silver Niobium Coin already sold out on the first day (February 17) of its released on Austrian Mint official website www.muenzeoesterreich.at.
