Austria Silver Philharmonics
First minted in 2008, the Austria Silver Philharmonic is a bullion coin produced annually by the Austrian Mint. It is legal tender in Austria and holds the title of being the first bullion coin to carry a face value in Euros. Philharmonic silver coins are the most popular modern European...
Quick Facts About Austria Silver Philharmonics
Austria Silver Vienna Philharmonic
The Austria Philharmonic Silver Coin is an annually produced bullion coin by the Austrian Mint. The face value is worth €1.50.
More than 85 million Silver Philharmonic coins have been produced since 2008.
Silver Philharmonic coins have little to no numismatic value and are minted for precious metals investors. Dealer premiums are lower for Austrian Silver Philharmonic coins, which is one of the most affordable silver bullion coins produced by a sovereign government. Philharmonic coins can often be bought for a low premium over silver spot price, especially when compared to other coins.
Silver Philharmonic Design
The Austrian Silver Philharmonic coin was designed by Thomas Pesendorfer and was first used by the Austrian Mint in 1989 for the release of a gold commemorative coin. The design has remained unchanged since the debut of the Silver Philharmonic in 2008. All Philharmonic coins share the same design which is helpful for those who like uniformity across their stack with a variety of metals.
- Obverse: The obverse design displays a pipe organ from within the Musikverein, a concert hall in the Innere Stadt borough of Vienna. This concert hall is where the Vienna Philharmonic Orchestra performs. The German words "REPUBLIK ÖSTERREICH" (Republic of Austria) and "1 UNZE FEINSILBER" (1 ounce pure silver) are also minted on the obverse.
- Reverse: The reverse design features an array of orchestral instruments including the harp, violin, cello, flute, bassoon, and French horn. The words "WIENER PHILHARMONIKER" (Vienna Philharmonic) and "SILBER" (Silver) are also inscribed.
Silver Philharmonic Distribution
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.
Silver Philharmonic Specifications
- 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 Silver Philharmonic is only available in one troy ounce. It is 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.
Selling Silver Philharmonics
Online dealers, local coin shops, pawn shops and other bullion buyers will usually pay melt value, which is the same as silver spot price. Some may pay a slight premium over spot price during peak demand periods.
These coins have shared the same design each year since 2008 and are the only coin denominated in the Euro currency that is available and widely recognized worldwide.
Philharmonic Storage
The silver philharmonic is 37.00 mm in diameter. Empty philharmonic coin tubes can be bought cheaply from eBay, Amazon and from various online bullion dealers. Air-tite and Lighthouse coin capsules and direct-fit storage options can keep coins safe when stored with other preps.
Empty monster boxes are similar in size to a shoe box and are made from a durable hard plastic that is designed to hold, store and transport 500 troy ounces of silver. 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.
How to buy the cheapest Austria Silver Philharmonics
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