Philharmonic Siver coin mintage

Discussion in 'Bullion Investing' started by PeacePeople, Jul 20, 2010.

  1. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Does anybody know of a decent source for the mintage numbers of these? Every place I look they just refer to market demand and no specific or even rounded numbers.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. chrisild

    chrisild Coin Collector

  4. Tinpot

    Tinpot Well-Known Member

  5. treehugger

    treehugger Well-Known Member

    Here are the numbers I found:

    1oz. Austrian Philharmonic Silver Bullion Coins -
    Mintage Figures:


    Year
    2008....7.800.000
    2009....9.000.000
    2010....11.300.000
     
  6. areich

    areich America*s Darling

    Huge numbers. where is all the silver coming from for all these silver coins around the world.
     
  7. InfleXion

    InfleXion Wealth Preserver

    Not that huge compared to the ASE, but yeah the coin mintages are all growing; kookaburras, pandas, Brits. As I frequently point out, mining supply does not meet total silver demand. It is only due to "old silver scrap" that demand is met. At this rate that old scrap may eventually be called "excessively minted coins".
     
  8. areich

    areich America*s Darling

    I noticed that the Perth mint will buy several kinds of silver coins that they will not sell.
     
  9. chrisild

    chrisild Coin Collector

    Good that you already got them from Treehugger. Note that my reply which you quoted was posted two years ago. The Austrian Mint revamped its website a while ago, and instead of "austrian-mint.at" and "muenze-oesterreich.at" they now use "muenzeoesterreich.at" (no dash). Unfortunately the new site does not provide the same info as the old one ... or they hide it well. ;) The Schön catalog and this German Wikipedia article however have basically the same figures.

    Christian
     
  10. Tinpot

    Tinpot Well-Known Member

    between scrap and mine production there were over a billion ounces of silver brought into the market last year

    761.1 million was mine production
    11.5 million net government sales
    256.7 million old silver scrap
    10.7 million producer hedging

    figures from : http://www.silverinstitute.org/site/supply-demand/
     
Draft saved Draft deleted

Share This Page