Silver Coin Austrian Philharmonic 1 oz
Tavex is pleased to present Europe’s most popular silver bullion coin, the Austrian Philharmonic. An elegant legal tender silver bullion coin hailed for its impeccable artistic design, quality and beauty. First issued in 2008 by one of the world’s oldest and most renowned mints, the Austrian Mint in Vienna, it was the first legal tender silver bullion coin in Europe to contain 1 ounce of .999 fine silver.
The Austrian Philharmonic silver coin encapsulates the essence of Austria’s rich culture and is suitable for investors who appreciate style and sophistication at an affordable price. As a long-term partner of the Austrian Mint and the largest dealer in Scandinavia for Austrian Philharmonic silver coins, Tavex is able to offer market leading quotes for any desired quantity of this magnificent silver coin.
- The value of Austrian Philharmonic silver coins track the price of silver. The value of Austrian Philharmonics is primarily determined by their fine silver content which is linked to the prevailing price of silver.
- The price of Austrian Philharmonic silver coins will rise with inflation. Silver has proven itself throughout history to be a great asset in times of high inflation, appreciating faster and higher than most other investments!
- Austrian Philharmonic silver coins are sold with low premiums. As a partner of the Austrian Mint, Tavex is able to offer the Philharmonic silver coin with a low mark-up premium.
- Austrian Philharmonic silver coins are liquid and internationally recognized. Despite being in production since only 2008, the Austrian Silver Philharmonics has proven to be a great hit with investors, resulting thus far in an annual average mintage of over 11 million one-ounce pieces, making its popularity comparable to that of the American Silver Eagle and Canadian Silver Maple coins.
- Austrian Philharmonic silver coins are .999 pure silver. Austrian Philharmonic silver coins are a great way to get this precious white metal in your hands.
- Austrian Philharmonic silver coins are the equivalent of savings. The historical low price of silver compared to gold makes it an ideal investment either for those who wish to invest smaller amounts or for those who believe they are getting more precious metal for their “buck” in anticipation of a steeper appreciation of the price of silver compared with gold.
The mintage of Austrian Philharmonic silver coins in 2008 was almost 8 million pieces
Austrian Philharmonic silver coins were introduced for the first time during the height of the financial crisis in 2008. As investors were scrambling to buy hard assets, the uncertain economic environment proved to be the perfect window of opportunity for the Austrian Mint to unveil its new creation. The Austrian Philharmonic silver coin was extremely well received by the investment community which, in the first year alone, bought 7,777,300 one-ounce pieces, or a massive 242 metric tonnes of silver. The Austrian Silver Philharmonic coin is essentially a replica of the Austrian Gold Philharmonic coin, differing only by containing silver instead of gold, portraying a smaller nominal face value, being thicker, and by the fact that the edge of the coin is polished rather than reeded. The Philharmonic silver coin is the Austrian Mint’s first legal tender silver coin to be made of .999 fine silver and to be embellished with cultural symbols that most people can relate to: music. Many world famous musicians and composers, such as Mozart, Strauss, and Beethoven to name a few, have contributed to making Austria, and specifically its capital Vienna, famous for its operas and symphonies. Their work in classical and romantic music is immortalized in the Austrian Philharmonic silver coin, making it a must for investors who have an affinity for the precious sound of pure silver.
The 1 oz Austrian Philharmonic silver coin embodies classical music
The Austrian Philharmonic silver coin is named after the world renowned Vienna Philharmonic Orchestra. The orchestra was founded in 1842 by a group of people in response to Vienna’s lack of professional orchestral organizations in the early 19th century. The orchestra was managed as an independent body by an administrative committee who were democratically elected by its musician members. The professional musicians who made up the ensemble were chosen exclusively from the Vienna State Opera where they had to have been playing for at least three years before even being considered as a potential member. To this date, the stringent recruiting process has not changed, which ensures the very highest level of artistic performance from every member of the Vienna Philharmonic Orchestra. This orchestra is today most famous for its traditional New Year’s concerts where nostalgic music from great composers is performed. These concerts have grown to become so popular that they are televised to over 90 countries, sending a message of joy for the New Year through the gracious and delightful character of music.
The 1 oz silver Austrian Philharmonic bullion coin is produced by the Austrian Mint
The Austrian Mint, a subsidiary of Austria’s Central Bank, is a world renowned mint which dates back to the 12th century. The story of the Austrian Mint begins in 1194, when Richard the Lionheart paid 12 tons of silver to secure his freedom from imprisonment by the Austrian Duke Leopold V. The Austrian Duke would later use the silver to strike silver coins, thus laying the foundation for the Austrian Mint. In its rich and long history, the Austrian Mint has produced many of Europe’s most famous and widely used coins, including gold crowns, guilders, ducats and silver coins such as the Maria Theresa thaler. Many of the gold coins issued by the Austrian Mint were extensively used in trade during the Austro-Hungarian Empire, while the silver thaler proved to be one of the most minted and widely used silver coins in global commerce between 1750 and the 1950s. Today, the mint is best recognised for producing Europe’s most desired investment bullion coins, the Austrian Philharmonics, sometimes called Vienna Philharmonic gold and silver bullion coins.
|Nominal value||Dimensions||Fineness||Product weight in grams||Silver weight in grams||Silver weight in Troy ounces|
|1.5 EUR denomination||37.00 mm||999||31.13461 g||31.10347g||1|
The Austrian Philharmonic silver coin was first introduced in 2008 and has since then been in continuous production. The Austrian Mint is responsible for the production of the coins.
The obverse depicts the organ of the Musikverein concert hall in Vienna. The Musikverein is home to the Vienna Philharmonic Orchestra and is considered one of the world’s foremost concert halls in terms of acoustics. Above the organ on the coin is the text “REPUBLIK ÖSTERREICH”. Inscribed below the organ is the text “1 UNZE FEINSILBER”, which means 1 ounce fine silver, as well as the purity, year of mintage and the coin’s face value of 1.5 Euros.
The reverse displays a variety of musical instruments, including a string bass, four cellos, a bassoon, a harp and a Viennese horn. Above the instruments is the text “WIENER PHILHARMONIKER” and between the main text and the instruments is the smaller text “silber”, which translated into English means silver.
The Austrian Philharmonic silver coin contains 1 ounce of .999 fine silver. This means that the coin is exclusively made of pure silver. The Austrian Philharmonic silver coin weighs exactly one troy ounce (31.1 grams). Unlike most other legal tender silver coins that have a reeded edge, the Austrian Philharmonic instead has a polished blank coin edge.
Your order is fully insured and delivered by Posten Norge AS. The package is usually shipped the same day or the next working day after we receive your payment. Your order will arrive at the local post office the day after. If you wish, you can also personally pick up your order in our store the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.