|Coin||Silver Ounce 2016 Vienna Philharmonic|
The Vienna Philharmonic (German: Wiener Philharmoniker), often shortened to just Philharmonic or called the Austrian Philharmonic, is a bullion coin of gold, silver, or platinum produced by the Austrian Mint (Münze Österreich). The coin is named for the Vienna Philharmonic orchestra, which inspired the design of both sides. It was introduced in 1989 as a one ounce and a quarter ounce gold coin. In later years, more sizes and metals were added, including one ounce of silver denominated as 1.5 Euros. Because they are not in the standard circulating denominations (from 1 Euro Cent to €2), the coins are legal tender in Austria only and not in the whole Eurozone. Like any bullion coin though, their actual value is based primarily on the metal content and the spot price of that metal on the commodities markets.
The design on the coin remains the same each year; only the year of issue changes. Both the obverse and reverse were designed by Thomas Pesendorfer, who was the chief engraver of the Austrian Mint between 1993 and 2016.
||Mint Mark||No mint mark
||Total Mintage||3,448,390 (3.4 million)
The obverse design of the coin features the pipe organ from Goldener Saal (the Golden Hall) in the Musikverein, the concert hall in Vienna where the Vienna Philharmonic orchestra plays.
Around above, the legend REPUBLIK ÖSTERREICH (translated from German: Republic of Austria).
In the exergue, the precious metal content 1 UNZE FEINSILBER (one troy ounce of fine silver), below which the date of issue 2016.
Around below, the nominal face value 1,50 EURO.
The reverse design features an array of musical instruments typical for the orchestra: four violins either side of a cello in the foreground, and the Viennese horn, the bassoon and the harp behind.
Around above, the inscription WIENER PHILHARMONIKER (Vienna Philharmonic).
Below that in smaller letters, SILBER (silver).
||WIENER PHILHARMONIKER SILBER
Finish: bullion (Brilliant Uncirculated).