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The Austrian Silver Philharmonic is a silver bullion coin produced annual by the Austrian Mint. First minted in 2008, the Silver Philharmonic has become the most popular European silver bullion coin. It is legal tender in Austria and is the first bullion coin to carry a face value in Euros. The face value is worth €1.5. More than 85 million Silver Philharmonic coins have been produced since 2008.
The Austrian Silver Philharmonic is one of the most affordable silver bullion coins produced by a sovereign government. Silver Philharmonic coins have little to no numismatic value. Philharmonic coins can often be bought for a only a slight premium over silver spot price.
The Austrian Silver Philharmonic coin was designed by Thomas Pesendorfer. The design was first used by the Austrian Mint in 1989 for the release of a gold commemorative coin. The design has remained unchanged since the introduction of the Silver Philharmonic in 2008.
Austrian Silver Philharmonic coins are distributed from the Austrian Mint in Monster Boxes that contain 500 coins. Each Philharmonic Monster box contains 25 plastic coin tubes containing 20 coins each.