Silver is one of the leading precious metals at the moment, and the demand for silver coins from sovereign mint programs and a select few private mints has at times threatened to put all coin programs on halt due to silver shortages. JM Bullion is proud to carry some of the world’s most well-known, and up-and-coming, silver bullion coins. Below you can learn more about one of the most popular products in the industry right now, the Austrian Silver Philharmonic.
Austrian Philharmonic coins debuted in 1989 with a 1 oz coin and a ¼ oz coin available only in gold bullion. Both coins had face values listed in Austrian Shillings, the official currency of the nation at that point in its history. Today, the coins have a face value in Euros as of 2002 when the nation joined the common market of the European Union and the gold coin series has expanded to include a 1/10 oz coin (1991), a ½ oz coin (1994), and most recently a 1/25 oz coin (2014).
On the obverse of all Austrian Philharmonic coins is the image of the Great Pipe Organ from the Musikverein Concert Hall. The home of the Vienna Philharmonic Orchestra, this image is surrounded by engravings of the nation of issue, weight, metal content, purity, year of issue, and face value of the coin. All engravings are in German.
The reverse of the Austrian Philharmonic Coin includes a collection of musical instruments, featuring the cello, four violins, bassoon, harp, and Vienna horn. Engravings on this face include only the name of the orchestra, which is again featured in German like those engravings on the obverse.
Following the popularity of and demand for the gold version, the Austrian Silver Philharmonic coin was born in 2008. The Silver Philharmonic coin shot to almost instantaneous popularity, with an initial mintage of 7.773 million coins in 2008. Generally speaking, mintage figures for the coin have risen each year. Mintage rose to 9 million in 2009, 11.34 million in 2010, and peaked at 17.87 million in 2011.
While that figure for 2011 remains the highest in the collection’s history, the Austrian Silver Philharmonic coin is still the highest minted and most in-demand silver bullion coin on the European continent today.
One of the world’s oldest mints, the Austrian Mint has one of the most unique founding stories. Duke Leopold V of Austria founded the min with 15 tonnes of silver paid to him by England’s King Richard the Lionheart as ransom and safe passage for his soldiers returning from the Crusades in the Middle East.
While it is authorized to produce Euro coins as a member of the Eurozone, the Austrian Mint most famous product is the Austrian Silver Philharmonic sovereign coin. Inspired by the Austrian Gold Philharmonic, the silver variant quickly became the hottest product in Europe’s precious metals market. On the obverse it features the Musikverein Pipe Organ from inside the Golden Music Hall in Vienna’s Inner Stadt neighborhood. The reverse features a cornucopia of musical instruments used by the members of the famous Vienne Philharmonic Orchestra.
Thomas Pessendorfer designed both images in 1989 for use on the gold version of the coin, and his images continue to be used today on both sides of the silver coin as well. The coins bear engravings in German and English, as well as face values in Euros (€).
JM Bullion accepts various forms of payment for your purchase of Austrian Silver Philharmonic coins. You can pay by credit/debit card, paper checks, bank wire transfers, and PayPal fund transfers are also accepted by JM Bullion. Bank wire and PayPal transfers offer immediate processing, with credit/debit cards processing in one business day on average and paper checks taking 4 to 6 business days to process.
In addition to flexible payment methods, JM Bullion offers free standard shipping and insurance on all purchases over $99. Your Austrian Silver Philharmonic coins will be packaged in discreet boxes to protect the identity of the products within, and delivered to you via the US Postal Service or UPS. For those interested, expedited shipping is available for an additional fee. If your packages are lost or damaged during shipping, we’ll find you a replacement product or refund your purchase price.
If you have any questions about Austrian Silver Philharmonic, other Austrian Mint products, JM Bullion payment methods, or our shipping policies, please feel free to reach out to us. Our associates are available at 800-276-6508, online using our live web chat, and via email. Don’t forget to visit our homepage and search for the latest spot price of silver before you buy!