Minted in 2008, the Austria Philharmonic 1 oz Silver Coin is produced by the Austrian Mint, one of Europe's oldest mints, which dates back to 1194. These coins are legal tender in Austria, with a face value of €1.50.
Since 2008, more than 85 million Philharmonic 1 oz Silver coins have been sold worldwide. These coins are sought after by investors for the intrinsic value of the silver, with a design that features the musical instruments of the Vienna Philharmonic Orchestra.
Dealer premiums are often significantly lower for Austrian Philharmonic Silver coins than other bullion coins, making it one of the most affordable silver coins produced by a government mint.
Thomas Pesendorfer, the Chief Engraver for the Austrian Mint, designed the Philharmonic Silver coin. The design has remained unchanged since its debut, first utilized in 1989 to release a gold commemorative coin. All Philharmonic coins share the same design, which is helpful for those who like uniformity across their stack with various metals.
The Philharmonic silver coin is available only in one troy-ounce weight. It has become extremely popular with investors and stackers because it's often cheaper than other government-minted coins. These coins do not have key dates or rare mintages. They are minted en masse to be used as a store of value and wealth.
Online dealers, local coin shops, pawn shops, and other bullion buyers usually offer at least melt value or slightly higher. During peak demand periods, some may pay a higher premium over spot silver prices.
The silver philharmonic is 37.00 mm in diameter. These coins can be stored in Air-tite or Lighthouse coin capsules, and empty philharmonic coin tubes can be bought cheaply from bullion dealers, eBay, or Amazon.
These coins ship from the mint in Monster Boxes that contain 500 1 oz silver coins. The monster box is similar in size to a shoe box and is constructed from durable hard plastic. These boxes are ideal for keeping precious metals in a home safe or firearms vault along with other valuables in case you need them.
Owning and storing precious metals at home as a store of value can help provide financial stability during turbulent economic times, such as rising inflation and the threat of war in the post-pandemic economy.
FindBullionPrices.com compares prices from trusted and reputable online precious metals dealers to help you find the lowest premiums when shopping for Austria Silver Philharmonics. The prices on our site are updated hourly and adjusted for silver spot price, providing a tool that helps investors compare silver prices.
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