One of the most popular bullion coin programs in continental Europe is also one of its newest. The Austrian Silver Philharmonic coin was only recently introduced in 2008, but it has already become the single most popular silver coin available from a European mint. Today, JM Bullion offers the 2016 Austrian Silver Philharmonic coin with a perfect certification from the NGC
- 9th annual release of the Austrian Silver Philharmonic coin!
- Arrives in a protective plastic slab.
- Available as a part of the Early Release series.
- Contains 1 oz of .999 pure silver.
- Bears a face value of €1.50 (Euros) backed by the government of Austria.
- Issued a grade of Mint State 70 by the Numismatic Guaranty Corporation.
- Original design from Thomas Pesendorfer.
Austrian Silver Philharmonic coins are part of the larger Austrian Philharmonic bullion coin program, which includes the popular gold version introduced in 1989. The Silver Philharmonic was introduced in 2008 using the same designs from the gold variant.
Since its introduction in 2008, mintage levels for the Austrian Silver Philharmonic have skyrocketed each year. After an initial release of 7.7 million coins in 2008, the program had grown in popularity to a mintage of 17.4 million by 2011, with increases in each year between 2008 and 2011. Despite a dip in 2012, mintage bounced back to 14 million in 2013 and continues upward.
Each 2016 Austrian Silver Philharmonic coin available to you today is a perfect specimen according to the NGC. Coins with an MS70 grade exhibit full, original luster and bear no detracting flaws of any kind.
On the obverse you’ll find the pipe organ from the Musikverein concert hall in the Innere Stadt neighborhood of Vienna, which has been home to the orchestra since it was founded in the 1840s.
The reverse face of the coin features a number of musical instruments used by members of the orchestra. Engravings on both the obverse and reverse sides of the coin are in German, the official state language of Austria.
The Austrian Mint was founded in 1194 by Duke Leopold V under unique circumstances. The nation’s official sovereign mint was founded using 15 tonnes of silver paid as ransom to Leopold V by England’s Richard the Lionheart for safe passage for his army on its return from the Crusades.
Please direct any questions to a JM Bullion associate at 800-276-6508, chat with us live online, or send us an email.