Austrian Mint Issues First Platinum Coin, Part of the Prestigious Vienna Philharmonic Range

Feb 08, 2016, 04:00 ET from The Austrian Mint

BERLIN, February 8, 2016 /PRNewswire/ --

The Austrian Mint has issued a new platinum Vienna Philharmonic coin as the latest addition to its internationally renowned coin range. Unveiled at the Berlin Coin Fair, the coin marks the Austrian Mint's first platinum offering.

Produced from 999.5 pure platinum, the new Vienna Philharmonic coin features the same award-winning design by Austrian Mint head designer Thomas Pesendorfer as its gold and silver counterparts. The coin, which is named for the world-famous orchestra, depicts an assortment of musical instruments on its reverse and the organ of the Musikverein concert hall in Vienna, the orchestra's home, on its obverse.

"Collectors and investors have long prized our coins, which represent centuries of craftsmanship and tradition," said Gerhard Starsich, CEO and Chairman of the Executive Board of the Austrian Mint. "Expanding into platinum is a natural step for us, and we are especially proud that our inaugural platinum coin features the world-renowned Vienna Philharmonic design."

One of the most successful bullion coin ranges worldwide, the Vienna Philharmonic counts among the favourites with investors in Europe, Japan and North America.

The new platinum coin will initially be available in 1 ounce denominations, and will be sold throughout Europe and in overseas markets including the U.S. and Japan.

About the Austrian Mint  

Boasting over 800 years of experience, the Austrian Mint is renowned the world over for first-class precious metal processing and coin manufacture. A member of the international minting elite, it is a global player in this field. Without such a pedigree the Vienna Philharmonic would never have become Europa's most sought after bullion coin. The Austrian Mint's flagship product is the Vienna Philharmonic bullion coin. Produced in five different sizes, from one ounce to 1/25 of an ounce, the Vienna Philharmonic fits every pocket and occasion. Investors, collectors and gift-givers all value the unique combination of its beautiful design and highest possible minting quality, which make it one of the world's best-loved and best-selling bullion coins. Since it was first struck in 1989, on one side the coin's award-winning design has featured a harmonious assortment of musical instruments from the world-famous orchestra.

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SOURCE The Austrian Mint