Well, with the rapid price decrease of crude oil on the world market gold and silver has taken a similar hit. Less than a year ago gold hit a high of more than $1,000 an ounce and silver saw a peak of more than $20 an ounce. The past few months gold and silver prices have been steadily falling. Yesterday gold sank to less than $800 an ounce and silver crept under $13 an ounce. While the prices are still significantly higher than the lows we saw 5 years ago when gold was around $300 an ounce and silver could be had for around $6 an ounce it still hurts if you have any money invested in precious metals.
With the price at such a low point I decided to purchase a few more pounces of silver. I think silver is the most beautiful of the metals with an incredible patina and an even smoother audible tone when struck by a hard object. Anyway, the Austrian mint has been minting a 1 ounce gold coin for several years called the Philharmoniker and pictures several musical instruments on the reverse side and the grand organ from Vienna's Musikverein on the obverse.
This year they introduced a silver 1 ounce Philharmoniker with similar visual cues as you can see from the photo shown below.
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