Monday, February 8, 2016

New platinum Vienna Philharmonic coin issued

The Austrian Mint has issued a new platinum Vienna Philharmonic coin as the latest addition to its internationally renowned coin range. Unveiled at the Berlin Coin Fair, the coin marks the Austrian Mint's first platinum offering.

Philharmonic coin

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. The coin, which is named for the world-famous orchestra, depicts an assortment of musical instruments on its reverse and the organ of the Musikverein concert hall in Vienna, the orchestra's home, on its obverse.

"Collectors and investors have long prized our coins, which represent centuries of craftsmanship and tradition," said Gerhard Starsich, CEO and Chairman of the Executive Board of the Austrian Mint. "Expanding into platinum is a natural step for us, and we are especially proud that our inaugural platinum coin features the world-renowned Vienna Philharmonic design."

SPECIFICATIONS:
Quality: uncirculated
Collection: Vienna Philharmonic
Face value: 100 Euro
Date of issue: 08.02.2016
Coin design: Thomas Pesendorfer
Diameter: 37.00 mm
Alloy: Platinum Pt 999,5
Total weight: 31.10 g
issued price: € 1040.00 incl. 20% VAT

One of the most successful bullion coin ranges worldwide, the Vienna Philharmonic counts among the favourites with investors in Europe, Japan and North America.

The new platinum coin will initially be available in 1 ounce denominations, and will be sold throughout Europe and in overseas markets including the U.S. and Japan.