Vienna Philharmonic 1/10oz Gold Coin 2017

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Vienna Philharmonic 1/10oz Gold Coin 2017 - Front

Weight: 3.11 g
Purity: 999.9/1000
Country: Austria
Mint: Austrian Mint
Year: 2017
Packing: Single; 20 in Tube
Grading: Mint-State; Un-circulated
Tax: Taxfree according to §25c UStG
Excl. Tax: € 128.52 Incl. Tax: € 128.52
Quantity Net Per Unit VAT Per Unit Gross Per Unit Premium  
1+ € 128.52 € 0.00 € 128.52 17.69%
Product Description

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:

  • Fractional size coins, like the 1/10 oz Gold Philharmonic 2017, are popular because they provide more flexible price points than 1 oz coins.

  • Can be used for barter or trading.

  • Are a good option for first time gold buyers.

  • Easy to accumulate and add to a current gold bullion portfolio.

  • 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