The first signs of precious metals minting by the Austrian monarchy occured more than 800 years ago, in 1194 AD, by Duke Leopold V, then reigning monarch of Austria. Duke Leopold V had received 12 tonnes of silver bullion from Richard the Lionheart of Englnd as part of settlement from the Crusades. Austria's monarch decided to make silver coins from the bullion.
However, the 'Austrian Mint' as it is recognised today, was not officially formed until aproximately 200 years later. The mint moved around to various cities, but has been located in central Vienna for more than 200 years. Over the years, coins have been manufactured by the mint using various techniques, including stamping, casting, rolling and pressing.
Today, the mint is one of Europes most prominent precious metals Mints, and certainly within the Eurozone. In fact, the Austrian Philharmonic coin series, issued by the Vienna Mint, is the only precious metals coin issued with a legal tender value in Euros.
Today, the Vienna Mint has tremendous capacity, with the ability to produce silver coins at a rate of 750 per minute. The mint is responsible for manufacturing both blanks and coins to many different countries. The mint is also responsible for manufacturing all Euro currency issued by Austria.
The Austrian Mint is owned by the Austrian National Bank.
Gold Coins by the Austrian Mint
The Austrian Mint is particularly famous for its gold coins, which include the globally recognized Vienna Philharmonic coin. First issued in 1989, the Vienna Philharmonic gold coin epitomizes the Mint’s commitment to quality and is sought after by investors and collectors alike for its purity, aesthetic appeal, and legal tender status. These coins are available in several denominations, including a 1/25 ounce gold coin, offering flexibility for all types of gold investors.
Silver and Platinum Coins
In addition to gold, the Austrian Mint produces the Philharmonic coin series in silver and in platinum. The Silver Philharmonic coin mirrors the design of its gold counterpart and is equally popular among enthusiasts. The silver Philharmonic coin was first introduced in 2002. The Austrian Mint later introduced a platinum version of the Philharmonic in 2016, catering to the growing demand for diverse investment products. Each series showcases exceptional design and minting quality, making them outstanding additions to any collection.
Gold Bars and Kinebars
Apart from coins, the Austrian Mint also fabricates high-purity gold bars. These bars are favored by those looking to invest in gold in a more straightforward and cost-effective form. Available in a range of sizes from small to large bullion bars, they are manufactured to the strictest standards of quality and come sealed in tamper-evident packaging to ensure their integrity from the Mint to the market.
Investing in Precious Metals from the Austrian Mint
The Austrian Mint’s products carry a reputation of high trust and value in the international market. It is a member of the prestigious London Bullion Market Association (LBMA), ensuring that its gold bars meet the highest standards of quality and purity. The Mint's commitment to excellence makes its coins and bars highly desirable for investors seeking security and authenticity in their precious metals holdings.
The Austrian Mint offers a rich selection of products that appeal to investors worldwide
