Austrian Silver Vienna Philharmonic

Austrian Silver Vienna Philharmonic

One of my favorite silver bullion coins is the Austrian Silver Vienna Philharmonic produced by the Austrian Mint. Beginning in 2008, it is now the highest minted and most well-known silver bullion coin from Europe. The coin is legal tender in Austria with a face value of 1.50 Euros. It weighs exactly 1 troy ounce of .999 fine silver.

The design created by Thomas Pesendorfer to be used for a gold commemorative coin that was first issued in 1989. The Austrian Mint introduced the silver version of the coin in 2008. The design was unchanged and has remained the same each year as of 2015.

Obverse: The obverse design features a pipe organ from within the Musikverein, a concert hall in the Innere Stadt borough of Vienna. This is where the actual Vienna Philharmonic Orchestra plays its music. 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 musical instruments such as the harp, violin, cello, flute, bassoon, and French horn. The words “WIENER PHILHARMONIKER” (Vienna Philharmonic) and “SILBER” (Silver) are also inscribed.

This is one of the many silver bullion coins available for delivery from OWNx.

OWNx.com

Although also minted in gold, the market overwhelmingly chooses official silver coins over gold. For one, they are more affordable for average buyers and easily converted to fiat currency if needed.  This 1 oz Silver Philharmonic Coin is among the world’s most popular, with over 40 million Silver Philharmonics sold over a recent three year time span alone.