The Austrian Philharmonic Coin series is among the most prominent bullion coins available in the market. They are issued annually by the Austrian Mint, which has been minting coins for over 800 years.
First introduced in 1989 in gold, the Philharmonic Series quickly gained popularity among investors due to the unique combination of artistic beauty, investment-grade gold and silver content, and affordability.
The 2025 Mintage year will soon be shipping from the Mint. Let’s explore where these coins are minted, what makes them a good investment, their liquidity, and where you can sell them locally at a fair price. We will also look at 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.
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.
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 a image of the Great Organ in the Golden Hall of Vienna’s Musikverein.
What Makes Austrian Philharmonic Coins a Good Investment?
One key reason investors seek the Austrian Philharmonic coins is their high purity and low premiums.
Philharmonic coins carry lower premiums than other bullion issues. Lower premiums makes them more cost-effective when looking for the cheapest price.
Another advantage of the Philharmonic coins is that they are IRA-approved. IRA-approved coins must meet strict standards of purity and offers a tax-advantaged way to invest in precious metals.
Where Can I Sell Austrian Philharmonic Coins Locally at a Decent Rate?
When selling Austria Philharmonic coins locally, several options are available to ensure a fair rate.
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. When selling, it’s essential to shop around and compare offers from multiple dealers to ensure you receive the best rate.
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 not always offer the best rates. This is because they deal in various goods and often don’t have up to date knowledge of the bullion market. However, if you need immediate cash, a pawn shop may still be a viable option. Just be sure to compare their offer with other outlets.
While not a local option, selling to an online bullion dealer can be a convenient way to get competitive prices. Many reputable online dealers offer buyback programs. After shipping your coins to the dealer, they will evaluate them, and then send payment electronically or via check. Selling to an online dealer can provide potentially better rates than local options.
