1oz Silver Austrian Philharmonic Coins

1oz Silver Austrian Philharmonic Coins


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Austrian Mint Beauties
1OZ SILVER AUSTRIAN PHILHARMONIC COINS  Available singularly or in Austrian Mint issued & sealed tubes of 20.  The Austrian Mint’s Silver Philharmonic 1oz silver coin is the globally recognised official silver bullion coin of Austria_ and indeed synonymous with Europe as a whole.  As legal tender_ their weight and purity are guaranteed by the Austrian Government. It is struck only in the one-troy ounce size_ which has a nominal face value of EUR1.50 and is guaranteed to contain one troy ounce of 99.9% pure silver.  The silver coin depicts a harmonious assortment of musical instruments_ including a string bass_ cellos_ violins_ a bassoon_ a harp and a Viennese horn_ on its reverse. The obverse of the coin shows the great organ of the Musikverein concert hall in Vienna_ the orchestra’s home.  The Silver Philharmonic is the third most popular silver coin in the world with only the US Silver Eagle and Canadian Silver Maple Leaf selling more.  Over the last 3 years more than 41m coins have been sold worldwide.  Coins are a popular choice of bullion given their legal tender status (Government backing of the coin and its metal content)_ often smaller in size (making for easier disposal in the event of large price increases)_ international recognition (no fuss tradability overseas) and portability.  Another common advantage is mintage limits on many government minted coins meaning a “collectible” premium can often be realised.  Caution should be exercised in buying coins over bars for your Super as they can be classified as a collectible and need special storage.  Refer to the ATO or your advisor for more information. Coins can make for the perfect gift as you can match the year or Lunar Year to the recipient to celebrate an event.
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