The Austrian Silver Vienna Philharmonic is a silver bullion coin which weighs exactly 1 troy ounce of .999 pure silver. It is produced annually by the Austrian Mint. Beginning in 2008, it is now the highest minted and most well-known silver bullion coin from Europe. It is sold as a mass-produced investment coin and has sold over 54 million units during a 5-year span from 2008 to 2012. The coin is legal tender in Austria with a face value of 1.50 Euros. The obverse design features a pipe organ from within the Musikverein, a concert hall in the Innere Stadt borough of Vienna. This is where the actual Vienna Philharmonic Orchestra plays its music. The German words “REPUBLIK ÖSTERREICH” (Republic of Austria) and “1 UNZE FEINSILBER” (1 ounce pure silver) are also minted on the obverse.