2018 Austria 1 oz Platinum Philharmonic BU
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Your purchase will match the quality of the product shown. It will not be this exact item. Coins will not have toning unless otherwise noted.
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- Product Details
- Why Buy Platinum
Product DetailsThe iconic design of the Philharmonic is available in .9995 fine Platinum making it an ideal investment piece.
- Contains 1 oz of .9995 fine Platinum.
- Coins will be in protective plastic flips.
- Eligible for Precious Metals IRAs.
- Obverse: The Great Organ of the Golden Hall in Vienna’s concert hall, the Musikverein, along with the year, weight and face value.
- Reverse: An array of instruments, including the cello, violin, harp, Vienna horn and bassoon.
- Guaranteed by the Austrian Mint.
Protect and display your Platinum Philharmonic in style by adding an attractive display or gift box to your order.
This stunning Platinum bullion coin would make an excellent addition to any investment portfolio. Add the 2018 1 oz Platinum Philharmonic coin to your cart today!
Vienna Philharmonic coins are popular bullion coins made from Gold, Silver and Platinum. The Gold Philharmonic was first offered for purchase on October 10, 1989. The 1 oz Gold coin was made from .9999 fine Gold with a face value of 2,000 Austrian schillings. In 2002, the nominal face value changed to €100 with the adoption of the euro. Since its inception, the Gold Philharmonic has retained a depiction of the great pipe organ in the Vienna Musikverein’s Golden Hall on the obverse and an array of instruments, including the cello, violin, harp, Vienna horn and bassoon, on the reverse. Gold Philharmonic coins come in a variety of sizes, including 1/25 oz, 1/10 oz, 1/4 oz, 1/2 oz and 1 oz Gold coins.
On February 1, 2008, a 1 oz Silver version of the coin was issued. The Silver Philharmonics feature the same designs found on the Gold Philharmonics and are made of .999 fine Silver. The Austrian Mint decided to further expand their Philharmonic line with a 1 oz Platinum coin in 2016. The Platinum Philharmonic kept the same design as the Gold and Silver Philharmonics and is made from .9995 fine Platinum.
For the 15th anniversary of the Vienna Philharmonic Gold bullion coin in 2004, the Austrian Mint created a 1,000 oz version with a face value of €100,000. The "Big Phil" coin contains 31.103 kg of .9999 fine Gold. For the 20th anniversary, the Austrian Mint created a 20 oz .9999 fine Gold Philharmonic coin. On the 25th anniversary, the Austrian Mint introduced a new size in the series with the 1/25 oz .9999 fine Gold Philharmonic coin that is a permanent size for the series.
Understand Premium Over Spot When Buying PlatinumWhen purchasing Austrian Platinum Philharmonics, you will want to understand exactly how pricing works. Although Austrian Platinum Philharmonic coins have a face value of 100 euros, the purchase price is based on the value of the raw, unfabricated Platinum, called the spot price. It is impossible to buy any Precious Metal at spot price. The price you pay for Gold, Silver, Platinum or Palladium includes the premium over spot price, which is an additional amount to cover the cost of fabrication, distribution, a small dealer fee and any numismatic or collector value. When you purchase Austrian Mint coins as an investment, the spot price of Platinum will affect your bottom line. Platinum coins, like all Precious Metals bullion, are more affordable when the spot price of Platinum decreases. When the spot price of Platinum spikes, it may be the right time to sell for a profit. Understanding spot price and watching the market is key to making wise investment decisions.
Diversify with PlatinumSmart investors understand that diversification is important to building a healthy portfolio. An experienced buyer of Gold and Silver may be looking toward the next phase of their investing and Platinum, especially in the form of a respected world coin such as the 2018 Austria 1 oz Platinum Philharmonic, is the natural choice. With commercial applications as varied as fine jewelry and the automotive industry, demand for Platinum is growing every year. Diversify into Platinum with the 2018 Austria 1 oz Platinum Philharmonic.
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