A Brief History of the Austrian Philharmonic Gold Coin

The Austrian Philharmonic gold coin celebrates its 25th anniversary this year and is rightly regarded as one of the finest internationally acclaimed gold coins on the market. Struck by the Austrian Mint, the Philharmonic is back by the Austrian Government as legal tender and has twice been the best selling gold coin.

Founded in 1194, the Austrian Mint is one of the oldest in the world and has a glowing reputation of producing gold bullion of exceptional quality due to its advanced techniques. The Philharmonic is regarded highly because of it unique design and unrivalled quality.

The Vienna Mint was founded during the crusades lead by King Richard I of England and Duke Leopold V of Austria who were attempting to control the Holy Land on behalf of Christianity. After a falling out Richard I was arrested whilst making his way back to England and held as a prisoner by Duke Babenburg, also of Austria.

Richard was held for ransom and was finally turned over to Emperor Henry VI in exchange for 100,000 silver Cologne marks which roughly amounts to around 2 billion Euros. Half the ransom money was given to Duke Leopold V who founded the Austrian Mint to rival the monopoly on gold coins that was controlled by the London Crown of England.

The Austrian Philharmonic treasure

In its 800 year history, the Austrian Mint has upheld a reputation of prestige and expert craftsmanship. Made from 99.99% fine gold, the Philharmonic gold coin has naturally proved a hit with collectors and investors since its inauguration in 1989.

The Austrian Philharmonic was designed to honour the country´s unrivaled tradition of musical excellence. The idea proved to be a hit with collectors and the coins popularity was quick to capture the imagination of savvy investors. Gold and silver coins are available in ¼ ounce to one ounce and features a unique design of Vienna´s famous Golden Hall.

The precious metals market took something of a hammering in 2013 and prices are not forecast to improve in 2014. The good news for collectors and investors is that Austrian Philharmonic Gold coins are selling for attractive prices and with sufficient time to build your investment portfolio, gold coins look like a great investment for long-term thinkers.

Austrian Philharmonic gold coins are always a popular choice for the intricate detail of design and their prestige in the coin world. 2014 marks the 25th anniversary of the Philharmonic gold coin which is likely to sell quickly.

It has not yet been announced when the commemorative coins will be released for sale, but it is fair to say there will be a limited number of coins made available for public consumption, so keep an eye out and make sure you order your 25th anniversary coin to add to your investment portfolio.

For the latest prices on Austrian Philharmonic gold coins, and any other gold coin, pay a visit to coininvest.com and start preparing for your future financial security today.