Vienna Philharmonic 1/10oz Gold Coin different years
The Austrian Mint is over 825 years in operation and mints a large variety of high-quality gold- and silver coins and bars. The most popular is the Vienna Philharmonic series.
Gold Coins and Bars: VAT free acc. to $25 UStG
Silver Coins: VAT free in Estonia until 30th June 2022
Silver Coins and Coin bars: Margin scheme taxed acc. to §25 UStG, no VAT on invoice
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While the Austrian Mint introduced a 1/25 oz gold coin in 2014, the most popular fractional Vienna Philharmonic gold coins in the series are the 1/2 oz, 1/4 oz and 1/10 oz. All of the fractional coins are 24 karat gold with a fineness of 999.9/1000. The 1/10 oz Gold Philharmonic is popular because it offers a good price point for those investors who want to buy gold in small denominations.
Weight & Size
The key dimensions for the 1/10 oz Gold Vienna Philharmonic are listed below:
|Vienna Philharmonic||3.11 g||16 mm||1.2 mm||10 Euro|
Pro’s and Con’s of Fractional Coins
Fractional gold coins carry both advantages and disadvantages. Some of the benefits include:
- Fractional gold coins, like the Vienna Philharmonic 1/10 oz gold coin, give investors the ability to invest in brand name highly liquid coins at a lower price point than the 1 oz coin.
- Many of the top brand name coins in the world offer fractional coins. For example, the American Eagle, Canadian Maple Leaf and Austrian Philharmonic all offer a fractional gold coin series. These fractional coins give investors more sizes to choose from.
- Most of the name brand fractional gold coins are very liquid and can be easily bought and sold at most precious metals dealers around the world. Fractional coins can also be used as a form of barter.
The main disadvantage to fractional gold coins is that they often carry a higher premium than 1 oz coins. This is due to higher manufacturing cost to produce smaller weight coins.
It also should be noted that the smallest weight coins will often carry the highest premium. For example, the premium on the 1/10 oz gold coin will be more than the premium on the 1/2 oz gold coin.
Therefore, investors must weigh the positives that fractional gold coins offer with the fact they carry a higher premium.
Those investors who want the most gold for the money should consider 1 oz coins or bars.
The Vienna Philharmonic is the top selling gold coin in Europe and has an excellent reputation globally as a quality gold coin with a brilliant design.
- Manufacturer: Austrian Mint
- Country: Austria
- Karat: 24 K
- Gold: 99.99%
- Fineness: 999,9 / 1000
- Alloy: Gold
- Weight: 1/10 oz
- Scratch resistance: poor
|Country of Origin||Austria|
|Gross Weight||3.11 grams|
|Denomination (oz)||1/10 oz|
|Year of issue||Random|
|Face value||10 Euro|
|Packing||Single in Pouch|
|Packing Unit||20 per Tube|
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