Like France, Austria began minting all of her silver coinage at. However, the Philharmoniker is only the latest of many such issues – Austria has long been a major producer of European silver coins. Also keep in mind that, with one exception, all of the currencies mentioned below have been demonetized in favor of the Euro: while they still have historical and precious metal value, they are no longer circulated.Ĭollectors of European silver coins may be familiar with the beautiful Wiener Philharmoniker silver bullion coins, which the Austrian government mints to this day. If you have an interest in history and would like to diversify your stock of precious metals, there are few better ways to do so than with well-known and well-trusted old European silver coins.īefore buying any silver coin, however, you should first know exactly what it is you’re buying.ĭifferent European countries have minted silver coins at different times, in different quantities, and using different purities, and it is vital to know just what it is you’re buying to ensure that you get the best price. Mints around the world have been producing silver coinage for hundreds of years, and European Silver Coins come from the oldest of these mints.Ĭountries such as Austria, France, Great Britain and Germany have had a long and storied history of silver coinage production.
There are, however, other ways to collect silver. Physical 99.9 percent fine silver is a popular and effective way to collect and store wealth, as are silver ETFs.
Today, many are turning to silver to protect their wealth in the face of doubts about the strength of the world economy and the stability of national and regional currencies. Silver has long been a trusted and reliable store of wealth and means of exchange.įor the laborer or craftsman living and working hundreds of years ago, a piece of silver might have been good compensation for a day’s work.Īnd unlike its fellow precious metals gold and platinum, silver is quite affordable for the average consumer. Which are usually bought and sold as a cost effective way to invest in silver an excellent way to hedge against inflation and protect yourself in times of financial crisis.
#GERMAN SILVER COINS FOR SALE HOW TO#
It follows on from our article on How to Collect Junk Silver Coins. This article discusses the silver coinage of five major European producers, the history behind European coinage, and practical advice for the investor or collector who is looking to collect old silver European currency. Many investors are now turning to pure silver bullion to protect their wealth, but old European silver coins present an interesting and varied alternative.Įuropean mints have been producing silver coinage for centuries. Investing in Collectable European Silver Coins
The silver Swiss franc represents one of the best hedges on the market today.As one of the oldest states in Europe, France has had a long and proud history of producing European silver coins.However, the best-known Austrian silver coin is the Maria Theresa thaler.Investing in Collectable European Silver Coins.
0 kommentar(er)
