Ever since the economy began to decline, precious metal values have gone through the roof. Gold and silver are the commodities of the decade, and probably will be for quite awhile longer. If you have been interested in investing in gold or silver, you need to make the right choice. First of all, you need to find gold/silver that is pure or close to pure. Precious metals tainted with too much standard metals cease to be precious, and their value drops like a rock. A great choice for investment is the Austrian Philharmonic Silver Coin. This popular coin was released shortly after the Gold Philharmonic, and mimicked much of the Gold coins popularity.
The Austrian Mint currently produces the Austrian Philharmonic Silver Coin, and the coin has only been released to the general public in very limited volume. The coin is very similar to the Austrian Philharmonic Gold Coin, and offers the same investment security as its golden cousin, at a much lower price. Silver continues to rise in value just as gold does, and is ideal for those who do not want to spend too much.
The Austrian Philharmonic Silver Coin consists of 100% pure silver. This means that each 1 once coin is 1 ounce of pure silver. This is NOT solid silver. Solid silver is a term used by many coin dealers to trick people into thinking that it is pure. Solid silver means that the amount of silver found in one section of the coin is the same in every area, or in other words, it is an even mix of silver and whatever other metal is used. Keep in mind that the Austrian Philharmonic Silver Coin is bullion, and not just a normal collectors item. Bullion is a valid investment as it provides stability that even money cannot buy. Several people who used to swear by stocks and funds now have turned their attention to bullion and raw metals in order to steer clear of the incredibly volatile stock market. Also, as more people buy bullion, the price will go up. So, if you have been planning an investment, now is the time.
This coin is loved by many, and for good reason. It is a beautiful coin, and on top of that, it is a solid investment. The Austrian Silver Philharmonic coin, with its international backing familiar design, is a truly great alternative investment to any conventional investment you may be considering.