Today there are a wide range of high quality coins available to bullion investors - the Canadian Maple Leaf, the American Eagle and the South African Krugerrand are all popular options. So what sets the Austrian Philharmonic apart, and why should you add it to your investment portfolio? Lets look into the series a bit more.
About The Austrian Philharmonic Coin Series
As one of the most popular coin series available in Europe, the Austrian Philharmonic is worth considering, whether you are interested in buying gold, silver, or platinum coins.
The Austrian Philharmonic coin series is the only bullion coin issued in larger quantities that is backed by an EU country, and issued in with a Euro based legal tender value. The coveted collection is unique not only in its design but also in its history.
The Philharmonic coin was first launched in gold in 1989 by the Austrian Mint, with a design that honours the world-famous Vienna orchestra. Philharmonic coins are available in gold in a range of sizes, starting at 1/25 ounce. The gold Philharmonic coin is so popular that it was once declared by the World Gold Council to be the best-selling gold coin in the 1990s.
Philharmonic Series Design
Gold Philharmonic coins are available in a wide range of sizes, including 1 ounce, 1/2 ounce, 1/4 ounce, 1/10 ounce and 1/25 ounce sizes. The silver and platinum Philharmonic are both available in a 1 ounce size.
However it is the design of the Austrian Philharmonic series that makes it such an alluring option. The front side of the coins depicts a print of the Great Organ that is used in the Musikverein, Vienna's world famous concert hall.
The reverse side of the coin depicts a group of musical instruments that includes a violin, a cello, a harp, a bassoon, and the Vienna horn. The coins are made from pure, investment grade metal.
Why Invest in Philharmonic Silver and Gold Coins
Austrian Philharmonic coins are some of the highest quality coins available today. All gold Philharmonics contain 9999 fine investment grade gold bullion, making them some of the purest bullion coins on the market. These coins were denominated in Schillings until 2002, when Austria adopted the Euro. Since then, these coins have been denominated in Euros. The silver and platinum Philharmonic coins, which were released in 2008 and 2016 respectively, were launched with Euro denominations.
The high quality of the Philharmonic has led the coin to be well recognised and easily tradable worldwide. Therefore, these coins have the added benefit of liquidity due to their popularity.
Intricate designs are never the foremost factor that sway an investor's decision. The Austrian Philharmonics coins add value from its rich history, coupled with the factors that make bullion investment a wise decision for portfolio building.
If you are going to invest in gold or silver philharmonics, it’s best to buy from a reputable source like suissegold.eu, with a proven track record of selling quality products.