Austrian Mint
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The Austrian Mint (German: Münze Österreich), is located in Vienna. It is responsible for minting Austrian coins. Since 1989 it has been a public limited company (Aktiengesellschaft) under the sovereignty of the National Bank of Austria, which has its headquarters in Vienna.
The Austrian Mint carries out both the design and stamping of the coins produced. Until 2002 it was only responsible for minting the coins of the Austrian schilling, but since then it has been responsible for producing the Austrian euro coins. It also produces other coins such as commemorative issues and gold bullion coins. In particular, the Vienna Philharmonic Coins and the Maria Theresa thaler are produced by the Austrian mint. The mint also supplies circulation coins and blanks to many countries across the world.[1]
History
It has existed since at least 1397, when it was mentioned as having its seat in the Wollzeile street in Vienna. The imperial mint was also responsible for making coins out of the silver ransom paid for King Richard I of England.
During the financial crisis of 2008, the mint made brisk sales of the gold bullions Vienna Philharmonic due to savers' concerns.[2]
External links
- Official website (English language)
See also
References
- ^ "About us". Austrian Mint. Retrieved 3 December 2011.
- ^ Bethany Bell (October 12, 2008). "Austria witnesses new gold rush". BBC World. Retrieved 2008-10-16.
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