Austrian Platinum Philharmonic 1 oz

Austrian Platinum Philharmonic 1 oz

The Austrian Platinum Philharmonic 1 oz is a very popular silver bullion coin which competes with the US Platinum Eagle 1 oz and the Canadian Platinum Maple Leaf 1 oz. Introduced by the Austrian Mint in 2016 this pure Platinum coin features a similar design to the Austrian Gold Philharmonic.

The front features the Great Pipe Organ found in Vienna’s Golden Hall, the denomination of 1.5 euro and the date of manufacture. The back of the coin features an arrangement of musical instruments, the legend “Wiener Philharmoniker” (Vienna Philharmonic) and the word “Platin” (Platinum). These coins are denominated in euros and are pure platinum (.9995 fine).

The Austrian Platinum Philharmonic 1 oz coin is striking in its design but in keeping with traditional European conservative values, it features a beautifully executed plain edge.

The regular production Austrian Platinum Philharmonic 1 oz offers a number of advantages: (1) because the coin is minted and guaranteed as to weight and purity by the Austrian Mint it is accepted as a world standard. This allows dealers to post daily buy and sell prices on these beautiful 1 oz coins which directly follow the price of platinum . (2) Because of the Austrian Mint’s quality standards the Austrian Platinum Philharmonic 1 oz is accepted in your Individual Retirement Account. (3) Because the Austrian Mint produces a significant number of these brilliant uncirculated silver coins the premium over spot is low and attractive to those who only want a bullion investment. (4) The Philharmonic  is a pure platinum coin with no alloy and so allows investors to calculate value easily. (5) The Austrian Mint designed a hard plastic tube which holds 10 coins and snaps tightly shut so storage is easy.

Finally there is no reporting requirement (Federal Form 1099B) for this bullion coin when you purchase or sell keeping paperwork to a minimum.