The Austrian Philharmonic Gold Coin was first minted in 1989. Its fineness stands at 999,9. Until now, the Philharmoniker is the only gold bullion with a face value in Euro.
In 1989 the Republic of Austria began to mint its own gold bullion as the second European state, after Great Britain (Britannia). The first denominations of the Vienna Philharmonic Gold Coin (Wiener Philharmoniker Gold Münze, in German) were 1 ounce and 1/4 oz. Their great popularity led to the decision to also produce 1/10 ounce and 1/2 ounce coins in 1991 and 1994, respectively. The diameter of 37mm (1.46in) makes it the biggest bullion coin. In 2009 the annual production peaked at 645.000 coins.
The front side of the coin shows various music instruments that represent the Philharmonic Orchestra of Vienna (i.e. Horn, Bassoon, Harp, four Violin and a Cello in the center). The reverse side depicts the organ standing in the Gold Hall of the Viennese Music Association (Wiener Musikverein). Also included are the coins’s pureness, year of minting and denomination. From 1989 to 2001 at 2000 Austrian Schilling and from 2002 onwards at 100 Euro. The Philharmoniker is minted by Münze Österreich AG. The designer is Thomas Pesendorfer.
To commemorate the 15th Anniversary in 2004 of the Austrian gold bullion, 15 coins with a weight of 1,000 ounces were produced (“Big Phil”). This corresponds to 31.104 kg. Its official face value was 100.000 Euro. In 2009 a second commemorative coin was minted for the 20th anniversary. The coin’s weight stood at 20 ounce, or 622g. The 6027 minted coins are three times 2009.