Is This The Coolest Christmas Tree Ever? - Gainesville Coins News
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Is This The Coolest Christmas Tree Ever?

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Is This The Coolest Christmas Tree Ever?

Gold and silver are often associated with the festive decorations that accompany the Christmas season. The luster and sparkle of precious metals fit in well amid all of the ornaments, snowfall, colorful lights, and red-and-green stockings that abound this time of year.

However, a uniquely dazzling Christmas tree display made entirely of gold is bringing the holiday cheer to Tokyo in style.

gold christmas tree Image courtesy of Ginza Tanaka via Sys-Con Media

The jeweler and precious metals dealer Ginza Tanaka, a firm based in Japan, has partnered with the Austrian Mint to construct an awe-inspiring Christmas tree (shown, left) that was constructed from hundreds of Gold Philharmonic bullion coins.

These 99.99% pure gold coins are the flagship bullion product of the Austrian Mint (Münze Österreich) and have been the most popular gold coin for investors throughout Europe since being introduced in 1989. Somewhat more surprising is that this Austrian coins is also the best-selling gold coin in Japan. Their clever and eye-appealing design celebrates the world-renown Vienna Philharmonic Orchestra.

The golden tree was arranged by hand with the aid of an acrylic pyramid as the skeleton. According to press releases and reporting by CoinWeek, it is made up of 2,017 individual Gold Philharmonic coins that are all dated 2017, except for a 20-ounce Philharmonic at the apex of the display as the traditional Christmas tree star. The 20 oz Gold Philharmonic is known as a "Big Phil," and was a special commemorative series issued on the 20th anniversary of the Gold Philharmonic in 2009.

In total, this marvelous arrangement's weight in pure gold is an amazing 63 kilograms and the tree stands about 9 feet tall. Its melt value alone is more than $2.5 million, or roughly ¥300 million!

Adding to the aesthetic effect is a circular platform that rotates, allowing the coins to glimmer in the light. The tree will remain on display at the main Ginza Tanaka storefront until Christmas Day. The company's tradition of creating a Christmas tree made from precious metals actually goes back to 2005, but this is the first version to use Gold Philharmonics.

 

The opinions and forecasts herein are provided solely for informational purposes, and should not be used or construed as an offer, solicitation, or recommendation to buy or sell any product.

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

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