Vienna Philharmonic 1/10oz Gold Coin 2017
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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
Produced by the Austrian Mint, the 1/10 oz Gold Philharmonic 2017 has arrived! Minted from .9999 pure 24 karat gold, the Philharmonic is one of the purest gold coins available anywhere in the world.
The 2017 1/10 oz Philharmonic is minted in brilliant uncirculated condition. These beautifully designed coins are ideal for both investors and collectors. The Philharmonic is the only investment coin in Europe that has a denomination in Euros
Weight and Size
The 2017 Philharmonic series is available in 1 oz, ½ oz, ¼ oz and 1/10 oz. There is also a 1/25 oz Philharmonic, which is one of the smallest fractional size coins on the market.
The 1 oz and ¼ oz Philharmonic were introduced in 1989. The 1/10 oz and ½ oz coins were brought to market in 1991 and 1994. To celebrate the 25th anniversary of the Philharmonic, the Austrian Mint produced the 1/25 oz coin in 2014.
The key specifications of the 1/10 oz Philharmonic are listed below:
Gross Weight: 3.11 g
Diameter: 16 mm
Thickness: 1.2 mm
Nominal Value: 10 Euro
Pro’s and Con’s of Fractional Size Investment Coins
Although 1 oz coins are the most popular form of investment gold. Fractional coins have there place and can be a good option. The key benefits of fractional sizes include:
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Fractional size coins, like the 1/10 oz Gold Philharmonic 2017, are popular because they provide more flexible price points than 1 oz coins.
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Can be used for barter or trading.
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Are a good option for first time gold buyers.
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Easy to accumulate and add to a current gold bullion portfolio.
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Attractive for investors or collectors who are interested in owning a variety of different brand name coins.
The biggest disadvantage of fractional sized coins is the higher premium. Smaller coins are more expensive to mint and therefore will typically carry a higher premium.
As a result, investors or collectors must determine their gold bullion investment objectives to see if fractional coins are a good option to consider.
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 | 2017 |
| 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 |