The Vienna Philharmonic Orchestra is the oldest active musical group in the world. Founded in the middle of the 19th century, the orchestra has represented the Austrian culture for more than 160 years. Today, it is the inspiration for the official bullion coin of Austria. Right now, the 2016 1/10 oz Gold Austrian Philharmonic Coin is available on Silver.com.
- 25th annual production of 1/10 oz Gold Austrian Philharmonic Coins.
- Ships in an individual flip or mint-sealed tubes of 20 coins.
- Consists of one-tenth ounce of .9999 fine gold.
- Bears a face value of €10 (Euros) backed by the Austrian government.
- Features the pipe organ from the Musikverein in Vienna.
- A variety of musical instruments graces the reverse.
- Designed in 1989 by Thomas Pesendorfer.
Gold Austrian Philharmonic coins were introduced as an official gold bullion coin by the Austrian Mint in 1989. When the coins were originally introduced, there was only a 1 oz and ¼ oz coin available. It wasn’t until 1991 that the ½ and 1/10 oz coins were introduced.
These coins were originally introduced by the Austrian Mint with face values listed in Austrian Schillings. When the nation joined other members of the newly formed Eurozone in adopting a common currency in 2002, the face value was changed to Euros. Although the coins are legal tender in Austria, they do not have that status in the greater Eurozone.
On the obverse face of the coin is the image of the pipe organ found in the Musikverein Golden Hall. The home of the Vienna Philharmonic Orchestra is located in the neighborhood of Inner Stadt in Vienna, the nation’s capital.
The reverse face features a variety of musical instruments used by members of the orchestra. Instruments depicted include the Vienna horn, bassoon, harp, and four violins, as well as a cello. Engravings on both faces of the coin are listed in German, with the exception of the face value.
The Austrian Mint was founded by Duke Leopold V of Austria in 1194. He launched the mint using 15 tonnes of silver paid to him by Richard the Lionheart, King of England, as a bounty to secure the release of his forces traveling through Austria during a return from the crusades.
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