Vienna Philharmonic 1/10oz Gold Coin 2016
This product is no longer available.
Münze Österreich
Münze Österreich AG is the official mint of the Republic of Austria, headquartered in Vienna. With roots dating back to the 12th century, it is one of the oldest and most prestigious mints in Europe. Today, it operates as a subsidiary of the Oesterreichische Nationalbank.
The mint produces Austria’s official circulation coins, but is internationally renowned for its bullion and collector coins. Its most famous product is the Vienna Philharmonic, one of the world’s best-selling bullion coins, available in gold, silver, and platinum.
In addition to coins, Münze Österreich also offers medals, gift bars, and jewelry items, and runs a popular online shop for investors and collectors.
GPSR: Münze Österreich
Am Heumarkt 1
1031 Wien
info@muenzeoesterreich.at
+43 (1) 71715 -430
The 1/10 oz Gold Philharmonic fractional coin was introduced in 1991 and is one of the most popular bullion coins in Europe. The 2016 1/10 Gold Vienna Philharmonic is available in “uncirculated” mint condition. Current year gold coins, like the 2016 1/10 oz Philharmonic, are popular because the design and the beauty of the coin is greatly enhanced due to their flawless condition. This is also a popular choice for collectors who want to own gold coins that are free of any surface impurities.
Key Measurements
The 1/10 oz Gold Vienna Philharmonic is 99.99% pure 24 karat gold. The specifications for the coin are listed below.
| Name | Fineweight | Thickness | Diameter | Nominal Value |
|---|---|---|---|---|
| Vienna Philharmonic | 3.112 g | 16 mm | 1.2 mm | 10 Euro |
Advantage of Fractional Coins
In 2014 the Austrian Mint produced a 1/25 oz gold Philharmonic, which is the smallest coin in the series. However, the 1/10 oz is a more common smaller size. Many other mints like the US Mint and Canadian Mint produce fractional size gold coins that also come in 1/10 oz. Fractional gold coins are for those investors who are seeking alternative sizes and weights to the 1 oz coin. This provides the investor or collector with more pricing flexibility. Along with the added price flexibility, fractional coins have the same brilliant design and ascetic appearance as the 1 oz coin. It should be noted that fractional sized gold coins will often carry a higher premium than 1 oz coins. Generally speaking, the smaller the fractional coin the higher the premium. This is due to higher manufacturing costs that are associated with minting small coins. The 1/10 oz fractional Gold Philharmonic is a very common size. Therefore, these coins are easily bought and sold at precious metals dealers around the world. The Gold Philharmonic series is the best selling in Europe and also a top seller globally. As a result, regardless of were you live, the 2016 1/10 oz Gold Philharmonic is a excellent choice for an investor or collector to consider.
History
The Vienna Philharmonic gold coin series is currently the only name brand European bullion coin that has a face value in Euros. However, it is only considered legal tender in Austria. In 2004 the Vienna Philharmonic accounted for 35 to 40% of sales in Europe. The coin is also very popular in Japan and North America. According to the World Gold Council, in 1992, 1995, 1996 and 2000 the Vienna Philharmonic was best selling gold coin the world.
Product Details
- Manufacturer: Austrian Mint
- Country: Austria
- Karat: 24 K
- Gold: 99.99%
- Fineness: 999.9 / 1000
- Alloy: Gold
- Weight: 1/10 oz
- Scratch resistance: poor
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | Austria |
| Issuer | Austrian Mint |
| Manufacturer | Münze Österreich |
| Series | Philharmonic |
| Purity | 999.9/1000 |
| Fineweight | 3.11 gram |
| Gross Weight | 3.11 gram |
| Denomination (oz) | 1/10 oz |
| Year of issue | 2016 |
| Grade | Brilliant |
| Condition | Circulated |
| Face value | 10 Euro |
| Thickness | 1.10 mm |
| Diameter | 16.00 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 20 per Tube |