One of Europe’s best sellers and most popular silver bullion coins globally, the Austrian Silver Philharmonic is a part of the Austrian Mint, Vienna bullion coins. The Austrian Silver Philharmonic is the most popular and notable in Europe because this silver coin is the first of its type to be given a face value in euros.
The Austrian Silver Philharmonic was first introduced in the year 2008. It was given a face value of 1.50 euros at that time. The mintage numbers of this coin varied from year to year on an annual basis to the demand. But the design itself remained the same each year. This coin is a highly sought-after silver coin because of its high purity.
Every coin is sold at the lowest cost guaranteed and comes straight from the coin tubes provided through the Austrian Mint. This Silver Philharmonic has a 37mm diameter with a thickness of 3.2mm and weighs 31.103g.
The Austrian Silver Philharmonic coins were designed by Mr. Pesendorfer, who used Vienna Philharmonic Orchestra as the inspiration. The design elements can be found on both obverses and reverse sides of this coin collection. On the obverse side, the Austrian Silver Philharmonic coins include the picture of the organ pipe that is located alongside the Musikverein. Also called The Golden Concert Hall, this theater hosts the Vienna Philharmonic when it performs and is situated within the Innere Stadt borough of Vienna, the capital of the nation of Austria.
The reverse side of the coin is a depiction of various musical instruments played by musicians of the Vienna Philharmonic. This design includes the cello at the center and flanked on both sides by violins (totaling four total). The background is adorned with images of the harp bassoon, flute, and French trumpet.
The coin’s sides are engraved in German, which is also the official language used by the people of Austria. The engravings are “Wiener Philharmoniker” on the reverse, easily translated into “Vienne Philharmonic.” On the obverse are engravings that read “Republik Osterreich” and “1 Unze Feinsilber.” These translate to “Republic of Austria” and “1 Ounce Fine Silver.” The year of issue and its face value in Euros (EUR 1.50) is included on the reverse. The majority of these Philharmonic silver coins contain 1 Troy Oz of .999 Pure Silver.
The Austrian Mint is one of the well-known manufacturers of bullion coins and bars established in 1988. The headquarters of the Mint is located at 1 Am Heumarkt in Vienna and is renowned for its German designation of Munze Osterreich. The National Bank of Austria owned the Mint up until 1989. The Mint currently produces the well-known Vienna Philharmonic coins, the Maria Theresa Taler coins, and the Austrian Euro Coins.
The Vienna Philharmonic bullion coins were named to honor the Vienna Orchestra, the national symbol of Austria. The Maria Teresa coins were named in honor of Empress Maria Teresa. It is believed that the Austrian Mint has been growing throughout the past year to be one of the largest worldwide players in the production of bullion bars and coins.
At Bullion Trading LLC, we provide you with a wide range of choices of Silver Coins from the world’s renowned mints. All of our precious metals products are 100% authentic. We are a bullion dealer based in NYC that sells silver bullion coins & bars offered at incredibly low prices and rates. In addition, we ship silver coins and bars anywhere within the United States.
Please call us at 646-362-3536 if you have any questions regarding Austrian Silver Philharmonics coins or any of our other silver bullion products. Bullion Trading LLC sells Austrian Silver Philharmonics Coins and bars Monday through Thursday 8:30 a.m. to 4 p.m. EST and Friday 8:30 a.m. to 1 p.m. EST. Our online checkout is simple to use, and all transactions are safe, so you’ll never have to worry while buying with Bullion Trading LLC online. We hope you find our website to be informative and entertaining.
Silver Austrian Philharomics coins are an excellent choice for investment. These coins are the first to have face value in euros and are also very popular among investors globally. Each coin is guaranteed purity and quality by the Mint and is easily available to buy and sell in the Market.
Since Silver Philharmonics are silver bullion coins, IRS sees them as “collectible”. That’s why these coins are subject to capital gains tax.
These coins weigh exactly 1 troy oz (31.103 grams) of silver. The thickness is 3.2mm and 37 mm in diameter.
Trading in gold and other precious metals is risky because the market is volatile. Past performance is not indicative of future returns. This is why we encourage you to read Our Terms and Conditions carefully before making purchases, selling, or placing orders with BULLIONTRADING LLC. Refer to Safety Tips from the CFTC (Commodity Future Trading Commission). These terms and conditions apply to all orders, all purchases, and all sales made through our website, telephone, or other channels.
In the event you do not fully understand the terms of this agreement, BULLIONTRADING LLC strongly encourages you to consult with your own experts. BULLION TRADING enters into transactions with customers on the reliance and belief that clients are aware of, understand, and agree to these terms.
These terms and conditions are effective as of March 11, 2022, and are binding to all new and existing customers and users.
The prices for gold, silver, platinum and palladium coins and bars keep on fluctuating because of the risk factors that cause price volatility. The risk factors include political development, war, pandemics, demand, and supply. It is important to keep this in mind when transacting with BULLIONTRADING LLC.
BULLIONTRADING LLC. Does Not speculate on the prices of precious metals. This means that we don’t make profits by buying gold when the prices are low and selling when prices go up. BULLIONTRADING LLC generates revenue through premium spreads. This is the difference between what Bullion Trading LLC pays & sells these items for.
Orders and inquiries can be made through our website, phone, or other suitable channels. Contact Us for information.
Inquiries are made by customers who are not ready to transact immediately. Customers can contact us or go online at Bulliontradingllc.com to get current market prices. The price quote and quantity available are subject to change. They can also contact us for guidance on buying and selling bullion coins and bars. You should note that the Price Quotations you receive when inquiring are Estimates because the prices of bullion coins and bars fluctuate daily, and the number of our stock changes all the time.
For example, The U.S Mint sets premium and minimum prices for American Eagles. Prices for American Eagles are determined by the current price of gold, silver, platinum, or palladium. The mint also charges a modest premium to cater to the cost of distribution and marketing. Consequently, the price of bullion coins and bars changes daily as the markets for gold, silver, platinum, and palladium fluctuates. Refer to the United States Mint’s Charges for Authorized Dealers.
Orders are made when customers are ready to transact immediately. The prices you get when ordering bullion coins and bars from us are an accurate reflection of the current market prices. Note that once you place an order, the prices are locked and are no longer subject to market conditions.
An order is placed when you finalized negotiations with our agents and an invoice is generated, not when the payment is made. Ordering and then bailing out or canceling after an invoice is generated makes BULLIONTRADING LLC incur losses. We incur losses because when you place an order, we consider the bullion coin or bar sold and will have hedged ourselves accordingly.
Disclaimer: To protect our company from losses, BULLIONTRADING LLC has implemented a Market Loss Policy.
An order starts when you finalize the deal with our agents, not when the payment is made. We generate an invoice immediately the deal is sealed either through our website or phone. We also count the bullion coin or bar as sold and will have hedged ourselves accordingly.
Customers who place orders, have invoices generated, and then cancel thereafter make us incur losses. To protect ourselves we have implemented a market loss policy. This means that you will incur penalties for ordering, having an invoice generated, and then bailing out. Once an order is placed, prices are locked and not subject to market conditions.
The moment you place an order an invoice is generated. If you cancel, and then gold prices decline you make us incur a loss. It is your responsibility to offset this loss if your order is canceled and your funds are returned. If this happens you will pay for the loss caused by a decline in the price of gold after a sale is made plus a cancellation fee of $35.00. This is our market loss policy.
To remain transparent and protect ourselves from risk we might require credit card information from every customer even if payment will be received through a different channel. We also will ask for immediate confirmation of the amount locked in. This gives us an avenue to compensate ourselves for losses in the event a customer places an order and then fails to pay.
However, if the price of bullion coins and bars stays the same, we usually don’t enforce our market loss policy because we don’t incur losses. If the price goes down we charge a market loss fee which is equal to the amount BULLIONTRADING LLC would have lost because of the unpaid order.
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All investments involve risk – bullion coins and bars are no exception. The value of bullion coins (e.g., American Eagles or Maple Leafs) is affected by many economic factors. The current market price of bullion coins and bars is determined by perceived scarcity and other factors. Some of these factors include quality, current demand, and general market sentiment.
The price of bullion coins and bars keeps on fluctuating and this means that they are not a suitable investment for everyone. Since all investments, including bullion coins and bars, can decline in value, you should make an informed decision. It is a good idea to have adequate cash reserves and disposable income before investing in bullion coins and bars.
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