MyGold are proud to be the official distributor for bullion and collector coins from this highly prestigious mint.

The Austrian Mint’s origins go back to 1194. A mint was established in Vienna to produce pennies from the 15-ton silver ransom paid by the English for the release of Richard the Lionheart, the English King, who had been captured by the Duke of Austria on his way back from the Third Crusade after insulting the Duke. After Richard’s year of imprisonment, Leopold put the ransom to work, founding a minting business that would remain in Vienna for over 800 years, occupying its current iconic address in the Heumarkt in the mid 1800’s.

Today, Münze Österreich manufactures over 450 million coins a year – Austrian denomination Euros for circulation, and also the highly-valued Vienna Philharmonic precious metal coins in both gold and silver. The ‘Philharmonic’ is one of the core bullion coins to be bought and sold globally – for several years in the mid 1990’s, the gold Philharmonic was the most popular bullion coin in the world. The silver Philharmonic was launched in 2008 and has become a cornerstone of many precious metal investor portfolios.

The ultimate prize for the discerning precious metal investor, Austrian Mint struck several 31 kilo gold coins, called the ‘Big Phil’, in 2004. They all presold before they were struck. Austrian Mint are a member of the LBMA.

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