17 March 2008
Silver Philharmonic Premiums Stay Low on Plentiful Supply
Austrian 1 ounce Silver Philharmoniker offer cheap way to buy into Silver
Plentiful supply of 1 ounce Silver Philharmonics has meant that prices are currently among the cheapest around for a 1 Ounce Silver Bullion Coin. Premiums are currently at just 15% at time of writing.
As the official Silver bullion coin of Austria, and a relative newcomer to the stable of Silver Bullion coinage, (it was first minted in February 2008), the Philharmonic is issued every year with face value of 1.5 Euro.
Since February 2008 high mintage volumes have kept premiums low on Silver Philharmonics providing an efficent way to buy into silver.
Availability of single, 20 coin rolls and 100 and even 500 ounce lots is currently very good through Bullionsupermarket.com providing users with a good choice of options.
The Austrian 1 ounce Gold Philharmonic is also currently providing a cheap entry into Gold in 1 ounce and fractional ounce coinage, with prices trading at around 40% for a tenth ounce coin.