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We’ve provided several answers to questions related to 1 oz Austrian Silver Philharmonic (Varied Year) , see some other helpful Q&A related to this product.
Question: Why buy from Guidance Corporation?
Answer: We are a family-owned business with over 35 years of experience. We provide a 100% authenticity guarantee and the best market pricing on all world silver bullion.
Question: What inscriptions are on the obverse?
Answer: It features "REPUBLIK ÖSTERREICH," "1 UNZE FEINSILBER," the year, and "1,50 EURO."
Question: What is the "Golden Hall"?
Answer: The Goldener Saal (Golden Hall) of the Musikverein is famous worldwide as the venue for the Vienna Philharmonic Orchestra's annual New Year's Concert.
Question: Is the coin backed by a government?
Answer: Yes, it is a sovereign bullion coin backed by the Republic of Austria for its weight and silver content.
Question: Does the design change every year?
Answer: No. Like the Silver Maple Leaf and Silver Eagle (historically), the Philharmonic design remains the same each year, with only the mintage year being updated.
Question: Who designed the coin?
Answer: The design was created by Thomas Pesendorfer, the Chief Engraver of the Austrian Mint.
Question: Is the Silver Philharmonic highly liquid?
Answer: Yes. It is one of the top-selling silver bullion coins in the world and is the most popular silver coin in Europe, making it very easy to buy and sell globally.
Question: Why is the edge of the Silver Philharmonic unique?
Answer: Unlike the reeded (serrated) edges of most silver bullion coins, the Silver Philharmonic has a smooth, polished edge.
Question: How is the coin packaged?
Answer: Individual coins ship in protective plastic flips. Multiples of 20 coins come in official mint-issued tubes, and bulk orders of 500 come in "Monster Boxes."
Question: What are the physical dimensions of the coin?
Answer: The 1 oz Silver Philharmonic has a diameter of 37 mm and a thickness of 3.2 mm. It is notably larger in diameter and thinner than a Silver Eagle or Silver Maple Leaf.
Question: When was the Silver Philharmonic first released?
Answer: The silver version of the Philharmonic was first issued on February 1, 2008, following the massive success of the Gold Philharmonic (which began in 1989).
Question: What is the face value of the Silver Philharmonic?
Answer: Each coin has a legal tender face value of €1.50 (Euro). It was the first silver bullion coin to be denominated in Euros.
Question: What is featured on the reverse (back) of the coin?
Answer: The reverse showcases a harmonious bouquet of orchestral instruments, including a cello (center), four violins, a harp, a Vienna horn, and a bassoon.
Question: What is featured on the obverse (front) of the coin?
Answer: The obverse depicts the Great Pipe Organ located in the Golden Hall of Vienna's concert hall, the Musikverein. It also displays the country of issue (Republik Österreich), the weight, the purity, the year, and the face value.
Question: Who manufactures this coin?
Answer: The coin is produced by the Austrian Mint (Münze Österreich) in Vienna, which has over 800 years of minting history.
Question: Is the Silver Philharmonic IRA-eligible?
Answer: Yes. Its .999 purity meets the IRS minimum requirements, making it fully eligible for a Precious Metals IRA.
Question: What is the purity of the Silver Philharmonic?
Answer: Each coin is struck in .999 fine silver.
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