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VAT MARGIN
The photos are used for illustration purposes only and may not be an exact representation of the product.
1 oz Vienna Philharmonic Silver Coins MIX (various years)*
In StockManufacturer: Austrian Mint ... read more
We sell
We buy
Spread
1-19
56,90 €
19.52%
70,70 €
20-99
56,90 €
19.06%
70,30 €
100-499
56,90 €
18.60%
69,90 €
500+
56,90 €
18.13%
69,50 €
Introduction
These are secondary market coins, which are subject to VAT margin scheme taxation!
All new silver investment products are subject to full VAT taxation. Secondary market coins, however, are taxed under a special margin scheme whereby VAT is calculated only on the difference between the resale price and the purchase price of the product. In simplified terms, only the margin is taxed under this taxation scheme, rather than the full value of the product. Therefore, secondary market coins provide a tax-efficient way for both private individuals and non-VAT-registered legal entities to invest in physical silver.
The application of the VAT margin scheme requires that the coins have previously been owned by a private investor/collector or by a non-VAT-registered legal entity, and that the coin has subsequently been sold back to the merchant by such a party. Since VAT has already been paid upon the initial purchase, the special VAT scheme is applied when the coin is resold for the second time.
Please note: All secondary market coins offered by us undergo a thorough authenticity and quality inspection before being made available for resale.
Secondary market silver coins are an excellent way to diversify your investment portfolio in a tax-efficient manner.
Please also note that the product selection might consist of coins from various mint years. The coins currently in stock may differ from those shown in the images. If you would like more detailed information about the available coins, please contact us directly.
Austrian Philharmonic Silver Coin
The worldwide success of the 1 oz Austrian Philharmonic Gold Coin inspired the Austrian Mint to create its silver counterpart, which shortly after its initial issuance in 2008 has been steadily gaining interest among precious metals investors. Today, the 1 oz Austrian Philharmonic Silver Coin is a worldwide phenomenon among silver investment products and the coin's recognition ensures its high liquidity.
Austrian Philharmonic's fame is inextricably linked to the fact that it is the first ever bullion coin whose face value is expressed in euros, and not – as is the case with the other most popular silver bullion coins – in US dollars. Its value is 1.50 euro, which makes it a widely accepted medium of exchange in Austria. With the current price of an ounce of pure silver, it would not be a good idea to make payments with the Vienna Philharmonic Silver Coins, but this is an additional advantage, especially important in uncertain economic times.
What else makes the Vienna Philharmonic Silver Coin stand out?
There is no doubt that the 1 oz Vienna Philharmonic Silver Coin combines all the qualities that should distinguish physical investment silver. Aside from the purity aspect – the coin was made from 999 silver – the price of the 1 oz Vienna Philharmonic Silver Coin keeps pace with the market price of silver.
It is safe to say that the 1 oz Silver Philharmonic is an unquestionable "must have" in the portfolios of investors sensitive to beauty. Attention given to every detail at all stages of production, combined with the unique motive of the world-famous Vienna Philharmonic Orchestra, makes the coin a true rarity in the silver part of one's investment portfolio.
Buying silver items means low risks and maintaining wealth
Silver's value has grown over the years making it good to maintain or grow wealth.
- Product value (1pc)70,70 €
- Buyback price56,90 €
- Your risk now13,80 €
Fact: silver price in EUR has risen 334.68% in the last 8 years. The lowest price was 10,57 EUR/oz and the highest 101,69 EUR/oz. Current world market price is 57,55 EUR/oz
Product weight in grams
31.13461
Silver weight in grams
31.10347
Fineness
999
Silver weight in troy ounces
1
Diameter
37
Thickness
-
Face value description
1.5 EUR
Manufacturer
Austrian Mint, Austria
Obverse
On the obverse of silver Philharmonics there are:
- the inscription "REPUBLIK ÖSTERREICH" – in German it means "Republic of Austria", which is the manufacturer's country designation;
- an unique organ, located in the Musikverein concert hall in Vienna, which is the home of the Vienna Philharmonic Orchestra and, thanks to its excellent acoustics, is considered one of the greatest concert halls in the world;
- the inscription "1 UNZE FEINSILBER" – in German it means "1 ounce of pure silver", which is a weight and a proof of the coin;
- year of issue and face value of the coin (1.50 euro).
Reverse
On the reverse the 1 oz Vienna Philharmonic Silver Coin has:
- the inscription "WIENER PHILHARMONIKER" – in German it means "Vienna Philharmonic", which is the coin's name;
- 8 musical instruments, including a cello, 4 pairs of violins, a Viennese horn, a bassoon and a harp.
Packaging
The coins are supplied in protective packaging. Coins for which the manufacturer provides an original capsule are supplied in that capsule. For other coins, the type of packaging is determined based on the product’s characteristics and the order volume.
For orders of 20–25 coins and upwards (depending on the number of coins in a factory tube), the coins may be supplied in a factory tube without individual capsules.
A suitable protective capsule may also be selected for the coin. In certain cases, this service may be provided for an additional fee.
Delivery
When placing an order through our online shop, you can choose to have the products delivered to you by Omniva courier or to collect them in person at one of our offices in Estonia.
Delivery by FedEx/TNT courier: after we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 1 or 2 working days. The courier will contact you via phone.
Delivery to Omniva parcel machine: after we have received your payment, the products will be dispatched within 24 hours. Delivery time is normally within 1 or 2 working days. Please provide your phone number in order to receive SMS notification with a confirmation code when your parcel arrives.
Self pick-up: you are welcome to come and collect your products at one of our offices in Tallinn or Tartu the same day that we have received your payment.
In both instances, you need to bring a valid ID to collect the products.Take into consideration that the client, the payer and the recipient must be the same person.
Insurance
The package is fully insured, and in the extremely unlikely case that the package is lost or damaged, we will re-ship the items or refund your money.
Packaging
The products are encased in protective wrapping and placed in a discreet, unbranded padded package.
Shipment tracking
Once the products have been packaged and sent you will receive instructions and a code to track the shipment.
Delays
Should a delivery delay occur or if the ordered product is out of stock, we will always contact you by email to give you details about the delivery.
Shipping prices
The shipping charge is 5.16 EUR by Omniva courier and 2.95 EUR by Omniva parcel machine, applicable to deliveries within Estonia. If you wish to have your products delivered to another country, please contact us on +372 627 9900 or by email at tavid@tavid.ee for prices (starting from 50 EUR) and terms.
Expected shipping cost
Tavid offers easy and secure shipping for all online orders. Take a look at the expenses.
Most main products are always available at all Tavid branches.
