Tavex is happy to present the Easter Edition of Europe’s best selling investment silver coin, the Austrian Silver Philharmonic. This special 2020 Easter blister pack shows a cute Easter bunny. The blister makes an ideal gift, with space to write a personalised greeting or dedication on the inside.
Like its gold counterpart, the silver coin depicts a harmonious assortment of musical instruments, including a string bass, cellos, violins, a bassoon, a harp and a Viennese horn, on its reverse. The obverse of the coin shows the great organ of the Musikverein concert hall in Vienna, the orchestra’s home. The face value, weight, fineness and year of issue also feature on this side of the coin.
Austrian Silver Philharmonic coins were introduced for the first time during the height of the financial crisis in 2008. As investors were scrambling to buy hard assets, the uncertain economic environment proved to be the perfect window of opportunity for the Austrian Mint to unveil its new creation. The Austrian Silver Philharmonic coin was extremely well received by the investment community which, in the first year alone, bought 7,777,300 one-ounce pieces, or a massive 242 metric tonnes of silver. The Austrian Silver Philharmonic coin is essentially a replica of the Austrian Gold Philharmonic coin, differing only by containing silver instead of gold, portraying a smaller nominal face value, being thicker, and by the fact that the edge of the coin is polished rather than reeded. The Silver Philharmonic coin is the Austrian Mint’s first legal tender silver coin to be made of .999 fine silver and to be embellished with cultural symbols that most people can relate to: music. Many world famous musicians and composers, such as Mozart, Strauss, and Beethoven to name a few, have contributed to making Austria, and specifically its capital Vienna, famous for its operas and symphonies. Their work in classical and romantic music is immortalized in the Silver Philharmonic coin, making it a must for investors who have an affinity for the precious sound of pure silver.
The Austrian Silver Philharmonic coin is named after the world renowned Vienna Philharmonic Orchestra. The orchestra was founded in 1842 by a group of people in response to Vienna’s lack of professional orchestral organizations in the early 19th century. The orchestra was managed as an independent body by an administrative committee who were democratically elected by its musician members. The professional musicians who made up the ensemble were chosen exclusively from the Vienna State Opera where they had to have been playing for at least three years before even being considered as a potential member. To this date, the stringent recruiting process has not changed, which ensures the very highest level of artistic performance from every member of the Vienna Philharmonic Orchestra. This orchestra is today most famous for its traditional New Year’s concerts where nostalgic music from great composers is performed. These concerts have grown to become so popular that they are televised to over 90 countries, sending a message of joy for the New Year through the gracious and delightful character of music.
The Austrian Mint, a subsidiary of Austria’s Central Bank, is a world renowned mint which dates back to the 12th century. The story of the Austrian Mint begins in 1194, when Richard the Lionheart paid 12 tonnes of silver to secure his freedom from imprisonment by the Austrian Duke Leopold V. The Duke would later use the silver to strike silver coins, thus laying the foundation for the Austrian Mint. In its rich and long history, the Austrian Mint has produced many of Europe’s most famous and widely used coins, including gold crowns, guilders, ducats and silver coins such as the Maria Theresa thaler. Many of the gold coins issued by the Austrian Mint were extensively used in trade during the Austro-Hungarian Empire, while the silver thaler proved to be one of the most minted and widely used silver coins in global commerce between 1750 and the 1950s. Today, the mint is best recognised for producing Europe’s most desired investment bullion coins, the Gold and Silver Philharmonic bullion coins.
The obverse depicts the organ of the Musikverein concert hall in Vienna. The Musikverein is home to the Vienna Philharmonic Orchestra and is considered one of the world’s foremost concert halls in terms of acoustics. Above the organ on the coin is the text “REPUBLIK ÖSTERREICH”. Inscribed below the organ is the text “1 UNZE FEINSILBER”, which means 1 ounce fine silver, as well as the purity, year of mintage and the coin’s face value of 1.5 Euros.
The reverse displays a variety of musical instruments, including a string bass, four cellos, a bassoon, a harp and a Viennese horn. Above the instruments is the text “WIENER PHILHARMONIKER” and between the main text and the instruments is the smaller text “silber”, which translated into English means silver.
Each coin is individually packaged in a hard plastic capsule and sealed in special edition blister pack. The special Easter blister pack shows a cute Easter bunny. The blister makes an ideal gift, with space to write a personalised greeting or dedication on the inside.
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