Vienna Philharmonic 1oz Silver Coin 2016
|Packing:||Single in bag; 20 per Tube|
|Grading:||Mint State; Circulated|
|Tax:||Taxfree acc. to article 17(1)3 Est. VAT Act|
The Vienna Philharmonic 1oz 2016 is available for investment! The silver coin from Austria is one of the best-selling bullion coins worldwide and gets minted in double-digit millions in some years. With a fineness of 999 coin is made of pure silver.
Size, Weight & Alloy
The fine weight of the Vienna Philharmonic 1oz 2016 is 31,103g. The coin has a diameter of 37.00 mm and a thickness of 3.20 mm. The nominal value of 1.50 Euro does not reflect the true value of the coin, but confirms legal tender status of the silver coin issued by an official institution. The right to mint coins with nominal value is in the hands of state-authorized mints only. The alloy of the Vienna Philharmonic 1oz silver coin consists entirely of silver and therefore has no alloy. The pure silver content is one of the benefits of the Philharmonic.
|1oz||31.103 g||37.0 mm||3.20 mm||1.50 Euro|
The silver coin Vienna Philharmonic 2016 has an edge rod and a smooth knurling. The edge rod makes the coin stackable and protects the coin from damage. The appearance of the Vienna Philharmonic Silver Coin has not changed since the first edition 2008. This is one of the strengths of the Vienna Philharmonic, making the coin easily recognized globally. The design of the coin comes from Thomas Pesendorfer. He has been the chief engraver of the Austrian Mint AG since 1993.
The front depicts instruments of classical music. On display are: horn, bassoon, harp on the upper position of the coin. A cello, two violas and two violins can be seen arranged in the lower semi-circular part of the coin. Directly above the design the word "Silver" is embossed and in half-round, right on the edge bar, the name of the coin "Vienna Philharmonic".
The motif on the back shows the famous organ of the Golden Hall of the Musikverein in Vienna. Furthermore the balcony where the organ stands is partly shown. A special feature is two statues (birds) that are missing but they can be seen to left and right above the Organ in the original. In half-round right on the edge rod "Republic of Austria" is stated. Below the motif the fine weight is stamped "one ounce", the year of mintage "2016" and the denomination "1.50 Euro".
In 2008, the Austrian Mint AG decided, as an official institution of Austria, to mint the Vienna Philharmonic silver coin. The silver coin is identical in design to the gold Philharmonic with the only exception being the 999 silver content and its 1.50 Euro nominal value. The Vienna Philharmonic in gold is one of the most successful and best-selling gold bullion coins in the world. In 2008 the Vienna Philharmonic 1oz launched in silver with a circulation of more than 7 million pieces. 2011 was the record year with a mintage of over 17 million pieces.
The Vienna Philharmonic 1oz 2016 is produced by the Austrian Mint AG in Vienna on Heumarkt 1. The best known and probably most important product of the Austrian Mint AG, in addition to the Austrian Euro, is the Vienna Philharmonic gold coin. The Vienna Mint was first mentioned in historic documents in 1397 and was converted into a corporation in 1989.
Benefits Vienna Philharmonic 1oz 2016
Among the advantages of the Vienna Philharmonic is undoubtedly worldwide recognition. This is quite good, as you can buy and sell the Philharmonic at most precious metals dealers around the world. This is not least due to the fact that the motive of the coin has remained the same since 2008 or since the first edition of the Vienna Philharmonic gold coins in 1989.
An advantage of silver is of course that it has a high demand because it is needed in industrial applications with no known substitute. The wide uses of silver, and its history as a monetary metal make it an ideal hard asset to consider. But silver is also a relatively small market so volatility is high, which is why silver should be purchased for the longer term.
- Country of origin: Austria
- Manufacturer: Austrian Mint AG
- Weight: 31.103 g
- Fineness: 999/1000
- Fine weight: 1oz
- Scratch resistance: poor
- Denomination: 1.50 Euro