1 oz Silver Austrian Philharmonic will be a collectors item if EURO goes away?

Discussion in 'Bullion Investing' started by SilverForLife, Mar 19, 2013.

  1. SilverForLife

    SilverForLife Member

    I am not that sure the EURO is here for the long run. I bet the 1 oz Silver Austrian Philharmonic would become a collectors item if it does break up.;)
     
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  3. 2schnauzers2luv

    2schnauzers2luv Junior Member

    It aready is, but yeah, you're right. Maybe more so.
     
  4. Ripley

    Ripley Senior Member

  5. They made a lot of them so it will never be rare, but the numismatic value will likely increase if the Euro becomes extinct. I like these no matter what happens. They always sell very close to spot and are great looking coins. It would have been cool if they could have changed the design year to year perhaps with a new musical instrument each year.

    http://www.silverbullionworld.com/philharmonicamintage.html

    TC
     
  6. Blaubart

    Blaubart Melt Value = 4.50

    I've often thought the same thing. Perhaps that could have a design that shows people playing instruments, instead of just the instruments.
     
  7. saltysam-1

    saltysam-1 Junior Member

    I can't get too critical about their stagnant design when I look at our own ASE program over the years.
     
  8. SilverForLife

    SilverForLife Member

    I like the smooth sides. Most bullion do not have smooth clean sides:hail:
     
  9. SilverForLife

    SilverForLife Member

    Nice Pics:hail:
     
  10. sonlarson

    sonlarson World Silver Collector

    How about the first year, 2008

    2008phil.jpg
     
  11. InfleXion

    InfleXion Wealth Preserver

    I'm not sure how collectible these might become if the Euro goes away, but I love the design, kinda glad they didn't change it. These are some of my favorite coins.

    If the Euro does go away it could potentially eat into premiums if it causes the spot price to rise, since premiums need to retain a percentage lead over spot not to lose out in a rising market.
     
  12. Paddy54

    Paddy54 Well-Known Member

    I have a few of each year except the 2013 and I will get that one also to add to the collection. The have a great look and feel in hand smaller that a ASE but thicker as said a plain edge. I even have a few mint sealed ....very nice bullion coin.
     
  13. saltysam-1

    saltysam-1 Junior Member

    I don't know if it is my luck of the draw, but I have a hard time finding them without spotting; or some type of cloudiness.
     
  14. Spielhahnjaeger

    Spielhahnjaeger New Member

    Been meaning to get a couple of these, as I really like the look. Having trouble finding them near spot as one of the posters said they could be found - any suggestions?
     
  15. chrisild

    chrisild Coin Collector

    If it was up to some in the Anglo-Saxon parts of the world, the euro would have "gone away" a couple of years ago. And who knows, some may have purchased the Silver Philharmonics from every single year, hoping that each would be the final euro issue of that piece. ;) Apart from that, the Austrian Mint has issued the Philharmonics pieces for some time. In schilling (and gold) first; nowadays in euro, and in both gold and silver. These issues are basically produced according to demand ...

    Christian
     
  16. InfleXion

    InfleXion Wealth Preserver

    A few of mine have milk spots, a few don't. I've had the best luck with cherry picking at coin shows or my local coin shop if they have any, but you will pay more there vs. the online dealers such as Provident Metals for example who has the 2013 Philharmonic for $30-$31 depending on how you pay - notwithstanding shipping which will either cost you more or less overall depending on the size of your purchase.
     
  17. SilverForLife

    SilverForLife Member

    I think I am:D
     
  18. FryDaddyJr

    FryDaddyJr Junior Member

    I never liked them and don't own them. least attractive coin of all time.
     
  19. doug444

    doug444 STAMPS and POSTCARDS too!

    If the Euro tanks, the Philharmonic would probably continue production, just with a different currency and denomination. The Austrian situation is precarious, I recall reading that Austrian banks have a lot of exposure to Italian (and, Eastern European) bonds. [Financial Times, November 2011]

    A big drop in the Euro is no reason to stop minting a bullion coin. Its 1.50 Euro face value is meaningless, only about $1.95 U.S., just like an ASE, which has a meaningless face value of $1 but a bullion value of about $28.70, and a market value of $31.85 today, compared to $31.35 for a Philharmonic (Gainesville Coins).
     
  20. SilverForLife

    SilverForLife Member

    I picked up five more Silver Philharmonics at a coin show today:D
     
  21. doug444

    doug444 STAMPS and POSTCARDS too!

    How did you orchestrate that?
     
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