The Austrian Silver Philharmonic coin was first introduced in 2008 and has quickly become one of the most popular bullion coins in Europe. Formed in 1842, the Vienna Philharmonic Orchestra is one of the world’s best-known musical organizations and was the inspiration for Austria’s iconic bullion coins. The Austrian Silver Philharmonic coin uses the same design elements of the gold version: a depiction of the Musikverein Golden Hall in Vienna and a display of instruments played by orchestra members.
Austrian Silver Philharmonic coins have experienced extensive growth in popularity since their introduction, becoming the most popular silver bullion coin program in continental Europe. Following an initial release of 7.73 million in 2008, mintage soared consecutively through 2011 to a high of 17.8 million that year.
The Austrian Silver Philharmonic’s obverse design depicts the pipe organ found inside the Musikverein concert hall in the Innere Stadt neighborhood of Vienna, the national capital of Austria.
On the reverse of all Austrian Silver Philharmonic coins is the image of numerous musical instruments used by members of the orchestra. Included in the design are a harp, violin, cello, flute, bassoon, and French horn. Both designs came from Thomas Pesendorfer, Chief Engraver of the Austrian Mint. He created these images originally in 1989 for the Austrian Gold Philharmonic coin program.
The Austrian Mint is the official sovereign mint of the nation of Austria. Though it produces Austrian Silver Philharmonic coins with a face value in Euros and strikes commonzone currency for the economic bloc, these coins are not recognized as legal tender outside of Austria.