Austrian Philharmonics are gold and silver coins produced by the Austrian Mint, located in Vienna Austria. The coins were first minted in the late 1980s but the Austrian Mint has been around for more than 800 years and is widely considered to be the longest-running mint in Europe. The coin, whether it is minted in silver or gold, can weigh anywhere from 1 ounce to 1/10th of an ounce. These coins are some of the most sought after coins in the world due to their incredibly unique and intricate design, as well as the fact that they are a product of a mint that is as respected as the Austrian Mint.
The design of the Austrian Philharmonic remains constant regardless of whether you are buying a gold or silver version of the coin. Something most people don’t know, believe it or not, is that these coins get their name as a result of the Austrian Philharmonic Orchestra they are made to commemorate. As such, the obverse side of the coin features an inscription with the name of the Orchestra in German as well as a host of the instruments the orchestra makes use of. The instruments depicted on the obverse side of the coin include a cello, string bass, violin, bassoon, hard, and, of course, a Viennese horn.
The reverse side of the Philharmonic is dominated by the stunningly detailed image of the “Great Organ” that is found in the concert hall the Philharmonic Orchestra calls home. The reverse side of the coin also features the German inscription which roughly translates to “The Republic of Austria”, the 1 oz indication, the .9999 purity indication, and the 100 euro face value. After all, these coins are legal tender in any country whose national currency is the euro.
Silver Philharmonic Pricing & Collectibles
Despite their incredible popularity, investors and collectors alike will be pleased to find out that the 1 oz gold Austrian Philharmonic is about in line, with regards to price, with most other 1 oz gold coins from around the world. Coins like the Chinese Golden Panda and the Canadian Gold Maple Leaf all carry prices that are in and around what you would pay for a gold Philharmonic. The same can be said of the silver Philharmonic as it rarely carries an outrageous price tag. These coins, despite their high purities and value as an investment vehicle, are also readily sought after by coin collectors from around the world. Seeing as the Philharmonic is a product of one of the oldest mints in Europe, collectors love getting their hands on this historic coin in both the gold and silver varieties.
Philharmonic Coin Purity & Weight
When talking about the purity and weight of Philharmonic coins, it is best that we cover the gold variety first and then move on to discussing the properties of the silver Philharmonic. As was stated earlier in this piece, the gold Philharmonic is available in a few different sizes. The largest of which is 1 ounce, but they can also be found in 1/4 oz, 1/2 oz, 1/10 oz and 1/25th oz sizes as well. With regard to their purity, the gold Philharmonics are comprised of .9999 pure gold. This means that 99.99% of the coin is comprised of gold and only gold. The Silver Philharmonic is only available in the 1 oz variety and boasts a purity of .999, or 99.9%. Unlike its gold cousin, the Silver Philharmonic is not offered in any additional sizes.
Austrian Mint Packaging
Individual Silver Philharmonic coins will be packaged according to the dealer’s business practices, but will usually be protected from damage and shifting during the shipping process. Generally speaking, dealers will use protective vinyl or plastic coin flips. Gold Philharmonics bought in mint quantities of 10, however, they are typically packaged in a sealed tube direct from the mint itself. Silver Philharmonics, on the other hand, are sealed in tubes for quantities of 20. Orders larger than 10/20 coins at a time are usually packaged according to the individual’s dealer’s business practices, but will almost always come sealed in tubes as it is most convenient to store them this way. Each tube contains the Austrian Mint’s seal of approval at its top. For purchases of 500 coins, many dealers offer mint-sealed monster boxes which contains 25 sealed tubes of 20 coins each.
Where To Buy Silver Philharmonics
Philharmonic coins can be bought at any online or brick and mortar coin dealer in most parts of the United States and the world. The problem with buying them from a local dealer, however, is that most times the coins sell out before the wider public is able to get their hands on them. For this reason, we find it much simpler and more effective to purchase Philharmonics from trusted online dealers such as Gainesville Coins, Provident Metals, JM Bullion or SD Bullion.
Due to their incredible popularity and artistic design execution, investors and collectors alike experience very little trouble when it comes time to resell their Silver Philharmonics. Unlike other coins, who are purchased solely as an investment vehicle, Philharmonics are sought after by both collectors and investors, thus doubling the number of people who are interested in taking the coin(s) off your hands. When selling the Austrian Silver Philharmonic you can expect to receive spot price or just above the current price of silver for each coin.