2016, Austria. Bullion Gold 1/25 Philharmonic (4 Euro = 1/25 Oz!) Coin. 1.26gm!
Mint Year: 2016 Mint Place: Vienna Reference: KM-3226. Mintage: 67,917 pcs. Condition: UNCirculated! Denomination: 1/25 Philharmonic (4 Euro) Weight: 1.26gm (with a guaranteed content of 1.24 grams of pure gold!) Material: Gold (.999) Diameter: 13mm
The Vienna Philharmonic (German: Wiener Philharmoniker), often shortened to Philharmonic, is a bullion coin of gold, silver, or platinum produced by the Austrian Mint (Münze Österreich). The coin is named for the Vienna Philharmonic orchestra, which inspired the design of both sides. It was introduced in 1989 as a one-troy ounce (ozt), gold coin with a face value of 2,000 Austrian schillings. It is generally one of the world's best selling bullion coins. In 2002, with the adoption of the euro currency, the nominal value of the one-ounce coin was changed to 100 euros. In 2008, the Mint introduced a one-ounce silver version of the coin with a nominal value of 1.50 euros. The silver coin is also one of the top selling bullion coins, ranked third in 2013. In 2016, the mint introduced a one ounce platinum coin with a face value of 100 euros.
Like any bullion coin, the value is based primarily on the metal content and the spot price of that metal on the commodities markets. The gold Philharmonic has a fineness of 999.9 (often written 0.9999, also known as 24 carat or 99.99% pure). In most countries in Europe, the gold Philharmonic is traded VAT-free while the Silver Philharmonic is partly subject to a reduced VAT rate. The coins are minted according to demand and production varies from year to year accordingly. The design on the coin remains the same each year; only the year of issue changes. From the outset, the obverse of the coin depicts the pipe organ in the Vienna Musikverein's Golden Hall. The reverse of the coin shows instruments of the Vienna Philharmonic, including Vienna horn, bassoon, harp, and four violins centered on a cello. Both designs were produced by the chief engraver of the Austrian Mint, Thomas Pesendorfer.
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The Vienna Philharmonic (VPO; German: Wiener Philharmoniker), founded in 1842, is an orchestra considered to be one of the finest in the world. The Vienna Philharmonic is based at the Musikverein in Vienna, Austria. Its members are selected from the orchestra of the Vienna State Opera. Selection involves a lengthy process, with each musician demonstrating their capability for a minimum of three years' performance for the opera and ballet. After this probationary period, the musician may request an application for a position in the orchestra from the Vienna Philharmonic's board.
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anonymous 2021-05-19 |
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