Description

Commemorating the use of Satellite Navigation in Europe, the 2006 edition of the Austrian Mint’s 25 Euro Silver Niobium series makes ingenious use of the unique format.

A satellite navigation or satnav system is a system that uses satellites to provide autonomous geo-spatial positioning. It allows small electronic receivers to determine their location (longitude, latitude, and altitude/elevation) to high precision (within a few metres) using time signals transmitted along a line of sight by radio from satellites. The system can be used for providing position, navigation or for tracking the position of something fitted with a receiver (satellite tracking). The signals also allow the electronic receiver to calculate the current local time to high precision, which allows time synchronisation. Satnav systems operate independently of any telephonic or internet reception, though these technologies can enhance the usefulness of the positioning information generated.

The coin contains 9 grammes of 900 Fine silver in its outer ring and 6.5 grammes of 998 pure niobium. Each coin is encapsulated, boxed and comes complete with a numbered certificate guaranteeing its authenticity.