The Austrian Philharmonic series is among the most prominent bullion coins available in the market. It is issued annually by the Austrian Mint, which has been minting coins for over 800 years.
First introduced in 1989 in gold, Philharmonic coins quickly gained popularity due to the unique combination of artistic beauty, investment-grade gold and silver content, and lower premiums.
The 2025 Mintage year will soon be shipping from the Mint. Let’s explore how Philharmonic coins compare to other bullion coins and why they are an excellent choice for those seeking a balance between value and precious metal purity.
Philharmonic Design
The Philharmonic series was created to honor Austria’s rich musical heritage and prominently features the Vienna Philharmonic Orchestra.
The coin’s obverse showcases a collection of musical instruments, including a cello, violin, harp, bassoon, and the Vienna horn. The reverse shows an image of the Great Organ in the Golden Hall of Vienna’s Musikverein.
Are Austrian Philharmonic Coins a Good Investment?
Investors seek the Austrian Philharmonic coins because of their high purity and low premiums.
Philharmonic coins carry lower premiums than other bullion issues. Lower premiums make them more cost-effective when looking for the cheapest gold coins.
Another advantage of the Philharmonic coins is that they are IRA-approved. IRA-approved coins must meet strict purity standards and offer a tax-advantaged way to invest in precious metals.
Where To Sell Austrian Philharmonic Coins?
Several options are available to ensure a fair rate when selling Austria Philharmonic coins locally. It’s essential to shop around and compare offers.
Many cities have reputable coin shops that buy and sell gold and silver bullion that will be familiar with Austrian Philharmonic coins.
Local coin shops typically offer a competitive price close to the spot price of gold or silver minus a small margin.
Some dealers specialize in buying and selling precious metals and often offer more competitive rates for bullion because they deal in larger volumes.
While pawn shops can be convenient, they may only sometimes offer the best rates. However, a pawn shop may still be a viable option if you need immediate cash. Just be sure to compare their offer with those of other outlets.
While not a local option, selling to an online bullion dealer can be a convenient way to get competitive prices. After shipping your coins to the dealer, they will evaluate them and send payment electronically or via check with potentially better rates than local options.
Where Are Philharmonic Coins Minted?
The Austrian Philharmonic coins are minted at the Austrian Mint located in Vienna, Austria. The Mint has a long and distinguished history of producing coins dating back to 1194, when it was established to mint silver from a ransom paid to release Richard the Lionheart.
Today, the Mint is updated with cutting-edge technology, providing precision craftsmanship to produce a wide range of numismatic and bullion products.