First produced in 2008, the Silver Austrian Philharmonic is identical to the Gold Philharmonic, except the silver coin has a .999 silver content and a 1.50 euro face value. Austrian Philharmonic coin are minted annually, the production of this coins varies according to demand. New versions of this popular coin are released every year, but the design remains the same year after year.
The top side of the coin has the great organ that is in the Golden Hall in Vienna’s Musikverein – the concert hall of the Vienna Philharmonic Orchestra. Face value, weight, purity and the year of issue are also seen on this side of the coin. The edge of the Silver Austrian Philharmonic coin is smooth. Coins are shipped in boxes of 500, called “monster boxes”, which you can buy for a special price at Augusta Precious Metals; please see above. Each monster box consists of 25 tubes of 20 Silver Austrian Philharmonic coins each. Sales of the silver Austrian Philharmonic increased over recent years with over five million coins sold, equal to 1,800 tons of silver in the 5-year period of 2008 through 2012.
The Vienna Philharmonic is currently the only European bullion coin with a face value in euros, although it is only legal tender in Austria. In 2004, the Vienna Philharmonic accounted for 35 to 40% of sales in Europe. It is also popular in Japan and North America.
The reverse side of the Silver Austrian Philharmonics features musical instruments used in the Orchestra as well as the words “Wiener Philharmoniker” (which means Vienna Philharmonic in English.) Thomas Pesendorfer created the marvelous design of this coin. Over the years there have been many variations and special editions of this coin: there were colored coins, commemorative coins that remembered the 2010 Winter Olympics held in Canada, and 20th Anniversary coins. Each unique and special.
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