Austria Silver Philharmonics
Minted since 2008, the Austria Philharmonic 1 oz Silver Coin is produced by the Austrian Mint, one of Europe's oldest mints which dates back to 1194. These coins are legal tender in Austria, with a face value of €1.50.
Quick Facts About Austria Silver Philharmonics
Since 2008, more than 85 million Philharmonic 1 oz Silver coins have been sold worldwide. These coins are sought after by investors for the intrinsic value of the silver, with a design that features the musical instruments of the Vienna Philharmonic Orchestra.
Dealer premiums are often significantly lower for Austrian Philharmonic Silver coins than other bullion coins, making it is one of the most affordable silver coins produced by a government mint.
Philharmonic Design & Specifications
The Philharmonic Silver coin was designed by Thomas Pesendorfer, the Chief Engraver for the Austrian Mint. First utilized in 1989 for the release of a gold commemorative coin, the design has remained unchanged since the debut. All Philharmonic coins share the same design which is helpful for those who like uniformity across their stack with a variety of metals.
- The obverse design displays a pipe organ from within the Musikverein. The German words "REPUBLIK ÖSTERREICH" (Republic of Austria) and "1 UNZE FEINSILBER" (1 ounce fine silver) are also inscribed on the obverse.
- The reverse design features an array of orchestral instruments including the harp, violin, cello, flute, bassoon, and Vienna horn. The words "WIENER PHILHARMONIKER" (Vienna Philharmonic) and "SILBER" (Silver) are also inscribed.
- Face Value: €1.50
- Weight: 31.103 grams (1 troy ounce)
- Diameter: 37 mm
- Thickness: 3.2 mm
- Edge: Smooth
- Metal Composition: 99.9% pure silver (999)
- Years Minted: 2008 - Present
The Philharmonic silver coin is available only in the 1 troy ounce weight. This coin has become extremely popular with investors and stackers because it's often cheaper than other government minted coins. There are no key dates or rare mintages when it comes to these coins. They are minted en masse to be used as a store of value and wealth.
Online dealers, local coin shops, pawn shops and other bullion buyers will usually offer at least melt value or slightly higher. Some may pay a higher premium over spot silver price during peak demand periods.
The silver philharmonic is 37.00 mm in diameter. These coins can be stored in Air-tite or Lighthouse coin capsules, and empty philharmonic coin tubes can be bought cheaply from bullion dealers, eBay or Amazon. These coins ship from the mint in Monster Boxes that contain 500 1 oz silver coins. The monster box is similar in size to a shoe box and is constructed from a durable hard plastic. These boxes are ideal for keeping precious metals in a home safe or firearms vault along with other valuables just in case you need it.
Owning and storing precious metals at home as a store of value can help provide financial stability during turbulent economic times that come with rising inflation and threat of war in the post-pandemic economy.
Where to find the cheapest Austria Silver Philharmonics
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