2009 1/10oz Austrian Philharmonic Gold Coin - MS70
2009 1/10oz Austrian Philharmonic Gold Coin - NGC Graded MS70
Introduced in 1989 and minted by the Austrian Mint. The Austrian Philharmonic is named after the Vienna Philharmonic orchestra which inspires the design shown on both sides of the coin.
Austria is extremely proud of their historic and ongoing musical tradition, and have chosen to honour their musical greats (which include such familiar names as Schubert, Beethoven and Mozart) as well as the modern Vienna Philharmonic Orchestra, with depictions of musical instruments on the face of their .9999 pure gold bullion coins, and the Great Organ of the Golden Concert Hall on the reverse.
The obverse of the coin shows the pipe organ in the Vienna Musikverein''s Golden Hall. The reverse of the coin depicts various instruments of the Vienna Philharmonic orchestra, including the Vienna horn, bassoon, harp, and four violins centred on a cello. Both designs were produced by Thomas Pesendorfer, the chief engraver of the Austrian Mint.
The original Vienna Philharmonic gold bullion coin was introduced in 1989, in 1 oz and 1/4 oz sizes. The 1/10 oz coin was added in 1991 and the 1/2 oz version was not added until 1994. The coins have always been legal tender, but being introduced before the Euro, the official value of the 1 oz Gold Philharmonic was 2000 ATS. The face value of all the coins was adjusted when Austria adopted the Euro and now the 1 oz coin carries a face value of €100.
Vienna’s mint, the Münze Österreich, has been in operation for more than 800 years. In that time it has helped to set the standards for the refinement of precious metals and for minting currency in Europe. In its modern incarnation, it is a public limited company, and a subsidiary of Austria’s Central Bank and it produces just under half a million individual coins and medals each year.
VAT & CGT
As with all our gold investment coins, the purchase does not incur a VAT duty, however, as the Philharmonic is not a UK legal tender currency, investing in the coins will incur Capital Gains Tax for UK investors. Check with your tax advisor to see how this might affect you specifically. If you are interested in coins that are CGT exempt, our ranges of UK bullion coins including the Sovereign and Britannia are all CGT exempt.