Austrian Philharmonic silver coin

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The Austrian Philharmonic is a silver coin noted for its beautiful depiction of the internationally recognized Vienna Philharmonic Orchestra. The coin is produced in gold, silver and platinum and is considered to be one of the best selling bullion coins in the world. Silver Philharmonic coins have been around since 2008. This coin is composed of 1 oz of 99.9 percent pure silver. This coin is valued in euros, with a nominal value of 1.50 euros.

Gold Philharmonic

This coin was first released in 1989 and is considered to be a world favorite because of its collectability and gold value. It is currently the most popular gold bullion coin in Europe. This coin is especially loved by people who love music and orchestras, and that’s because, for music lovers, the 1 oz Gold Philharmonic is especially beautiful, inspiring and historic because of what it depicts.

Design

On the coin’s reverse, a number of instruments are featured, including a harp, oboe, and French horn. These are some of the instruments played in the Vienna Philharmonic orchestra. Also featured are the words “WIENER PHILHARMONIKER,” which is German for Vienna Philharmonic and the word “SILBER,” which is German for silver. 

On the coin’s obverse is a pipe organ from Golden Hall in the Musikverein. This is the building that houses the concert hall where the orchestra plays. Written on the coin are the words “REPUBLIK ÖSTERREICH,” which is German for the Republic of Austria. Also written on the back are the coin’s composition and weight. Thomas Pesendorfer is credited with creating the coin’s design, which has been consistent since the coin was first issued in 1989.

The gold, silver, and platinum coins are all exactly the same in design. The coin is designed based on the Vienna Philharmonic, an orchestra that was convened for the first time in 1842. To this day, the Vienna Philharmonic is one of the hardest orchestras in the world to play music for. The musicians playing for this orchestra are considered to be world class and the “best of the best”. The selection process for musicians is incredibly dependent on skill; it can also take a really, really long time. Musicians practice for years to get their skills to a place where they’ll even qualify for a try-out. To try-out, the musician needs to show their skill and capability for three years at the Austrian ballet or Austrian opera before trying out for the philharmonic. After they’ve finished a probationary period of three years, the musician is invited to try-out for the philharmonic spot – of course, that doesn’t mean they’ll get in.

History of the Gold Philharmonic

This coin is one of the newest silver bullion coins in circulation today. It’s popular with collectors worldwide and considered to be one of the most popular silver coins on the precious metal market. First introduced in 2008, the coin has a face value of $1 or 1.50 in euros. 

These coins are printed based on their anticipated demand. The Austrian Mint is the body that decides how many coins are going to get printed on an annual basis. In the first five years of production, the Austrian Mint anticipated that millions of coins would be sold and therefore millions of coins were printed. The amount equated to nearly 2,000 tons of silver. Though the mintage numbers are different every single year, one thing that doesn’t change about this coin is its design and specifications. This is the same each year. The Austrian Silver Philharmonic is 37mm in diameter and 3.2mm thick. The coin weighs a total of 31.103g.

About the Austrian Mint

The Austrian Mint has been producing coins since 1989 as a subsidiary of the National Bank of Austria. The mint is responsible for designing coins and stamping them. In addition to the Austrian Philharmonic series, the mint also produces euro coins for Austria. Prior to 1989, the mint was known as the Vienna Principal Mint. The name changed when the mint became a subsidiary of the National Bank of Austria. The Vienna Principal Mint has been the nation’s only mint since 1919. Vienna has a colorful history with minting that’s worth mentioning. It begins with Duke Leopold V and the kidnapping of Richard the Lionheart. Duke Leopold V was paid 15 tons of silver for Richard the Lionheart’s ransom. Leopold took the silver and used it to build new city walls in Vienna. He also took a portion of the silver and used it to strike coins – thus creating the first official Austrian mint. Leopold died soon later and his reputation never recovered from accepting the ransom money – people at the time felt as though he shouldn’t have taken the money because Richard the Lionheart was a fellow crusader.   

How fine is the Austrian Silver Philharmonic?

The Austrian Philharmonic coin is made of one-ounce of pure silver and has an original face value of 1.50 Euro. This coin is also produced in gold and platinum.

Can you buy Austrian Silver Philharmonic coins?

Yes. When purchasing an Austrian silver Philharmonic coin, you’re buying the coin for its silver content and for its value as a collectable coin. This coin debuted as a gold coin in 1989. Since its debut, the coin has been marketed toward music lovers, investors, coin hobbyists, and numismatists. It is considered valuable for its precious metal content, but also because of its collectability – especially for its beauty in the eyes of a music lover. These coins are very popular with collectors everywhere. As always, when purchasing coins it’s important to work with a reputable dealer who has the correct paperwork and knowledge to understand what they’re working with.

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