Launched in February 2008, the Vienna Philharmonic silver bullion coin is produced by the Austrian Mint, the official minting authority of Austria. The Austrian Mint has an 800-year tradition of minting some of the most beautiful and technically perfect coins in all of Europe. The Mint's roots date back to 1194 when an enormous silver treasure—from a ransom paid to free England's King Richard the Lionhearted, taken prisoner in Vienna on his way back from the Crusades—was used to create silver coins for the Austrian empire.
Today, the Austrian Mint is one of the most modern and proficient mints in the world and is a leading producer of Euro coinage and pure gold and silver bullion coins.
Design:
The observe side of the coin features selected instruments of the world-famous orchestra.
The reverse side of the coin depicts the great organ of the Golden Hall in Vienna, the site of the annual New Year’s Day Concert. Its face value of “1.50 €” gives the silver piece its coin character.
The words “Austrian Republic” (the country of issue), the silver weight in ounces, and the 1.50 Euro legal tender value are also stamped in German. The words "Feinsilber" mean "Fine Silver" in German and stand for 99.9% purity.
Technical data of the Vienna Philharmonic Silver Bullion Coin:
Face Value in Euro: 1.50 €
Purity: 999
Weight in grams: 31.103
Diameter in mm: 37.0
Thickness in mm: 3.2
(Adapted from the official announcement from the Austrian Mint)
The Vienna Philharmonic is an investment coin (silver bullion coin). Its annual mintage depends on the demand.
The Philharmonics tend to tarnish or develop white spots more easily after being touched compared to American eagles or Perth Mint coins. Tarnishing does not affect the silver bullion value but if this is a concern we would recommend American eagles or Australian coins (Koalas, Lunars or Kookaburras).
Pricing Details:
Points computation: 1 coin = 0.50 points
Tier |
Points required |
Price (MYR) |
Price/Gram (MYR) |
Price/oz (MYR) |
Percentage Over Spot |
Buy/Sell Spread |
1 |
- |
RM162.72 |
RM5.23
|
RM162.72 |
37.31%
|
22.96%
|
2 |
1,500 |
RM161.77 |
RM5.20
|
RM161.77 |
36.51%
|
22.50%
|
3 |
3,000 |
RM160.82 |
RM5.17
|
RM160.82 |
35.71%
|
22.05%
|
4 |
5,000 |
RM160.35 |
RM5.16
|
RM160.35 |
35.31%
|
21.82%
|
5 |
10,000 |
RM159.88 |
RM5.14
|
RM159.88 |
34.92%
|
21.59%
|
Tier
Points required
Price
(MYR)
Price/Gram
(MYR)
Price/oz
(MYR)
Percentage
Over Spot
Buy/Sell
Spread
2
1500
161.77
5.201
161.77
3
3000
160.82
5.170
160.82
4
5000
160.35
5.155
160.35
5
10000
159.88
5.140
159.88