Europe’s most popular silver coin over the last decade has been the Austrian Silver Philharmonic. Introduced in 2008 just as silver prices began to skyrocket, the Silver Philharmonic is in a singular weight and features the same coveted designs from its gold counterpart.
The Austrian Philharmonic Coin Series debuted in 1989 with a gold coin available. It took nearly two decades for the series to expand to include a different metal. Just as silver prices were beginning to rise with economic concerns on the horizon in 2008, the Austrian Mint introduced the popular design from the series in a new silver option.
The 2008 introduction of the Silver Philharmonic featured a mintage in excess of 7.7 million coins. This remains one of the lowest mintage figures after 12 years, with the current high-mintage mark of 17.8 million coins issued in 2011 when silver prices hit historic highs.
The Austrian Mint issues the Austrian Philharmonic coins. Founded in 1194, it is one of Europe’s oldest operating mints and is responsible for the production of Austrian euros as a member of the European Union common currency zone.