Obverse: the Musikverein concert hall in Austria. The Musikverein is the home of the Vienna Philharmonic Orchestra, considered one of the world's most prestigious concert halls, and has the highest level of acoustics. The name of the country 'REPUBLIK ÖSTERREICH' (Republic of Austria) is engraved at the top of the coin. The year of minting '1992' and the denomination '500 SCHILLING' are engraved below.
Reverse: The reverse of the coin shows eight musical instruments. The words '150 JAHRE WIENER PHILHARMONIKER' (150 years of the Vienna Philharmonic Orchestra) are engraved in a semicircle at the top.