Philharmonica Fact File
Everything you need to know about Austrian Gold Philharmonicas or Österreich Wiener Philharmoniker Münze aus Geld.
One Ounce of Gold
Many countries now issue a one ounce bullion coin, to be sold at a very low premium over the intrinsic gold value.
The Austrian version is the Philharmonica or Philharmoniker, and was introduced in 1989, and is produced at the Austrian Mint in Vienna.
Its design celebrates the Vienna Philharmonic Orchestra, considered by many to be the finest in the world.
The gold used in the production of the Philharmonica coins is also, at .9999, the finest in the world!
The great organ in the Golden Hall in Vienna's concert hall (Musikverein) is the theme for the obverse side of the coin. This is the home of the Vienna Philharmonic Orchestra. Also featured on this side are the face value in Austrian Schillings plus the weight, fineness and year of issue.
A harmonious design of musical instruments representing the world famous Vienna Philharmonic Orchestra.
The Philharmonica Family
Gold Philharmonicas are available in four different sizes and weights, from one ounce to one tenth of an ounce, as detailed below.
Low Premium Over Gold Content
As with most one ounce gold bullion coins, they are made available to world bullion dealers at a 3% premium over the current gold fix, so that after distribution costs, the coins would be available to investors in quantity at about 4% to 5% over intrinsic gold values, and possibly 10% premium for single pieces.
Higher Premium on Smaller Sizes
The fractional sizes were issued at higher premiums to bullion dealers of 5%, 7%, and 9% respectively. The fractional coins have never been as popular as the full one ounce coins, usually only being purchased as singles, so that in practice, it would usually cost 10% to 15% premium for the half and quarter ounce, and from 20% to 50% premium for the tenth ounce, most of which seem to have been used in jewellery. Most bullion houses do not want the bother of handling small quantities of low value coins.
VAT Free From January 2000
In Britain investment gold coins became VAT free.
Change to Euros
From 2002 onwards the denomination or face value of the Philharmoniker series has been changed from Schillings to Euros.
Continuous Service from Chard
Chard have maintained a dealing service for both collectors and investors in bullion and numismatic coins since 1964.
The following table summarises the specifications of all the sizes.
|Size||Face Value||Diameter||Weight||Fineness||Gold Content
|One Ounce 1989 - 2001||2000 Schillings||36.5 mms||31.105 grams||.9999||31.104 grams||1.0000 troy ounces|
|One Ounce 2002 -||100 Euros||36.5 mms||31.105 grams||.9999||31.104 grams||1.0000 troy ounces|
|Half 1989 - 2001||1000 Schillings||28 mms||15.55 grams||.9999||15.552 grams||0.5000 troy ounces|
|Half 2002 -||50 Euros||28 mms||15.55 grams||.9999||15.552 grams||0.5000 troy ounces|
|Quarter 1989 - 2001||500 Schillings||22 mms||7.78 grams||.9999||7.776 grams||0.2500 troy ounces|
|Quarter 2002 -||25 Euros||22 mms||7.78 grams||.9999||7.776 grams||0.2500 troy ounces|
|Tenth 1989 - 2001||200 Schillings||16 mms||3.11 grams||.9999||3.110 grams||0.1000 troy ounces|
|Tenth 2002 -||10 Euros||16 mms||3.11 grams||.9999||3.110 grams||0.1000 troy ounces
Postage & Packing
UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order