Vienna Philharmonic 1 oz Platinum 2019

The history of the Austrian Mint (Münze Österreich) dates back to the 12th century, when Austrian Prince Leopold VI demanded 15 tonnes of silver in exchange for the release of British King Richard the Lionheart. The process of melting down the ransom and minting the coins started a long-standing tradition of the Vienna Mint, which became the State Mint during the period of the newly formed Austrian Republic, just after the First World War.The company, which produces 450 million coins a year, is owned by the Central Bank of Austria, so the Austrian Mint's products have government guarantees of bullion purity. ''This coin is an ideal alternative to traditional gold and silver due to the fact that the annual production of this raw material is only 160 tonnes, which means that at the moment demand is far ahead of supply. In addition, platinum is a much more durable raw material than gold or silver, which means that coins held for investment purposes will remain completely intact for longer. It is interesting to note that ''the largest producer of platinum in the world is South Africa, where 140 000 kg of this raw material was mined in 2009. The world's second largest producer in mining production is Russia with 20 000 kg in 2009.""

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The obverse is decorated with the legendary organ of the Vienna Philharmonic. We can also read the value, weight, proof and year of the coin from it.

The reverse depicts a number of symphonic instruments, i.e. double bass, cello, violin, bassoon, harp and Viennese horn, in an aesthetically pleasing arrangement, bearing the interesting typography of the Wiener Philharmoniker.

SINGLE pieces are shipped in PLASTIC round capsules

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