Vienna Philharmonic 1oz Silver Coin 2018
|Packing:||Single in bag; 20 per Tube|
|Grading:||Mint State; Uncirculated|
|Tax:||Taxfree acc. to article 17(1)3 Est. VAT Act|
The Vienna Philharmonic 1oz Silver coin for 2018 is here! The Vienna Philharmonic Silver coin was introduced in 2008 and is the highest minted and most popular silver coin in Europe. Issued by the Austrian Mint, the Vienna Philharmonic has a silver purity of 999.
The Silver Vienna Philharmonic has been a huge success since its introduction. Over 54 million units were sold between 2008 and 2012. To this day, the Silver Philharmonic is one of the best selling silver coins globally.
Size, Weight and Alloy
The Vienna Philharmonic is 99.9 percent pure silver, and has a fine weight of one ounce. The diameter is 37.00 mm, and the thickness is 3.20 mm. The coin is legal tender in Austria with a face value of 1.50 euros.
|1oz||31.103 g||37.0 mm||3.20 mm||1.50 Euro|
The 2018 Silver Vienna Philharmonic has a marginal bar and a smooth knurling. The edge bar has the task of making the coin more stable, to improve the stackability and protect the motif from damage. The appearance of the Vienna Philharmonic silver coin has not changed since its introduction in 2008. Among other things, this is one of the strengths of the Vienna Philharmonic.
The Silver Vienna Philharmonic is dedicated to the famous Austrian orchestra. The motif shows instruments from the internationally renowned ensemble. You can see two violas, two violins, a harp, a bassoon, a horn and in the middle a big cello. At the outer upper edge of the coin there is the eponymous legend "Wiener Philharmoniker" and the material "silber” (silver)
The value side depicts the organ from the large hall of the Wiener Musikverein. Furthermore, you can see below the organ the balcony on which it stands.
In addition, the official nominal value of 1.50 euros, the year "2018", the weight 1 ounce fine silver inscripted as “1 Unze Feinsilber” and the words "Republik Osterreich" can be seen on the coin. The motif was designed by chief engraver Thomas Pesendorfer and has not changed since 2008. Only the year of mintage on the value side changes.
The history of the Vienna Philharmonic dates back to 1842. At that time professional musicians joined forces for the first time in Vienna to perform a concert orchestra. It was the birth of the Vienna Philharmonic. Today, it has become one of the finest and most famous orchestras in the world. The New Year's concert is broadcast annually in 70 countries and viewed by a million-fold audience.
In 1988, a law amendment allowed the coinage of pure gold coins in Austria. At that time, the Gold Maple Leaf (1979) and the American Gold Eagle (1985) had achieved massive success as investment coins. Austria wanted to build on this success with its own mass-market bullion coin, and the Gold Vienna Philharmonic was launched in 1989.
In 2008, the Austrian Mint decided to produce the Vienna Philharmonic in silver as well. The demand for silver coins in Europe has been growing exponentially since 2002. Millions of Silver Maple Leaf and American Eagle coins were imported to meet the demand. After its introduction, the Silver Vienna Philharmonic soon became the most successful silver coin in Europe.
Since 2017, the Vienna Philharmonic has been issued in a new packaging. The Tubes from the Austrian Mint now carry a special security seal (from 20 pcs.). Orders of 500 coins are delivered as usual in the Masterbox. But here, too, the Austrian Mint created a new Masterbox made of stable plastic that replaced the cardboard Masterbox.
The Austrian Mint is headquartered in Vienna and is responsible for producing the Vienna Philharmonic. In 1989, the Vienna Philharmonic gold coins were introduced and the mint was converted into an AG and then sold to the Austrian National Bank.
The mint changed its name to Münze Österreich AG in 1989 when it became a subsidiary of the Austrian National Bank. In addition to the Vienna Philharmonic Gold and Silver coin, the mint is also responsible for the coinage of the Austrian Euro. The history of the Austrian Mint dates back to 1397.
Advantages and Disadvantages
The Vienna Philharmonic is one of the best-known and globally recognized bullion coins in the world.
Silver is both an industrial metal and a precious metal and thus demand for silver is strong.
In principle silver has to contend with large price fluctuations which is why silver should be bought with care.
Another advantage of the Vienna Philharmonic Silver coin is its high fineness of 999/1000.
Due to the pure silver content, Vienna Philharmonic is susceptible to surface scratches. It is therefore advisable to leave the coin in its protective cover.
Country of origin: Austria
Manufacturer: Münze Österreich AG
Weight: 31.103 g
Fine weight: 1oz
Scratch resistance: Poor
Nominal value: 1.50 euros