The Austrian Mint began striking coins in 1194 and has built a reputation of unmatched quality and design almost 800 years in the making. The Austrian Philharmonic is one of the Austrian Mint’s most internationally acclaimed Gold coins. Struck in 99.99% gold the coin has twice been the number one seller worldwide, first in 1992 and then again in 1995. Collectors and investors alike are taken by the coins beauty and the mints historical lore.

The Austrian Mint in Vienna began its lifespan in a most unusual way; while other mints were started as a means of providing currency, the Austrian Mint was begun to convert a stockpile of ransom money.

During the Crusades, Richard I of England, also known as Richard the Lionhearted, embarked on a campaign to the Holy Lands with Duke Leopold V of Austria. The two found themselves at odds and compromise was never reached. Richard I attempted to travel back to England disguised as a religious pilgrim. The Austrian Duke Babenberg captured Richard I, and held the king hostage until 1193.

The Babenberg duke surrendered his prisoner to Emperor Henry VI, in exchange for 100,000 silver Cologne marks (roughly 2 billion Euros, by today’s standards). Half this treasure went to Leopold V, who used it to found the Austrian Mint and create new silver currency for Austria.

The Austrian Philharmonic gold coin was first minted in 1989. This privately held coin is struck from Gold bullion and backed by the Central Bank of Austria, the Gold coin offers a unique design that pays homage to the world famous Vienna Philharmonic Orchestra and the country’s undeniable role in classical music.

Carl Davidson