Vienna Philharmonic 1/10oz Gold Coin 2017
|Packing:||Single; 20 in Tube|
|Tax:||Taxfree according to §25c UStG|
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.
Manufacturer: Austrian Mint
Karat: 24 K
Fineness: 999.9 / 1000
Weight: 1/10 oz
Scratch resistance: Poor