Austria has announced that its upcoming “Time” Silver Niobium Coin, composed of 9 grams of 90% silver and 6.5 grams of 99.8% niobium, will be released on March 9. The coin’s 65,000-piece mintage has already been pre-ordered, however, effectively rendering the issue sold out before it has even been released. Priced at €69.60, the coin is sure to see interest on the secondary market, where pre-sales are currently averaging around $100 USD.
The coin’s obverse features a niobium clock face at its center, with gears and a chonometer placed along the rim in silver. Inscribed in the outer silver portion of the coin is REPUBLIK ÖSTERREICH, 25 EURO, and 2016.
The reverse includes various visual allusions to time, such as a spiral, a sun, a moon, and an hourglass. TOKYO, WIEN (“Vienna”), and NEW YORK are inscribed along the rim, with sample “digital” times illustrating differences in time zones. Large letters at the bottom of design read ZEIT, or “time.”
The “Time” Silver Niobium Coin measures 34 mm in diameter, carries a special Uncirculated finish, and comes in a protective case with a numbered certificate of authenticity. Both side of this issue were designed by Helmut Andexlinger.
For more information on this an other Austrian Mint releases, please visit the Mint’s Web site.