Austrian gold coins are superb gold investments thanks in part to the quality and world popularity of the Philharmonic gold coin. This isn't a surprise since the Austrian mint started making coins over 800 years ago.
A gold coin must be at least 99.9% gold bullion to qualify as pure gold (24-karat). Anything less is considered an alloy gold coin.
With a four-nines-fine (99.99%) gold purity, the Philharmonic gold coin has no problem meeting the 24-karat pure gold standard.
In addition to the 1 oz. Philharmonic gold coin, the Austrian mint also issues the Philharmonic in fractional gold weights (see table below).
|Gold Weight|| Face Value |
| Face Value |
*NOTE: Face value currency changed from schilling to euro in 2002.
Legal tender (face value) amounts are symbolic and do not accurately represent gold coin values. Philharmonic gold coin prices are closely linked to the spot gold price for one troy ounce of gold bullion.
Philharmonic Gold Coin Artwork
As the name implies, these Austrian gold coins honor the world-renowned Vienna Philharmonic Orchestra.
Vienna's Golden Hall (Musikverein) is where the orchestra performs. Musikverein is also where the great organ pictured on the obverse (heads) side can be found.
A variety of orchestral instruments including the rich-sounding Austrian horn are displayed on the reverse (tails) side. Other instruments shown on the reverse image are violins, cello, bassoon and harp.
Alloy Austrian Gold Coins
If you're mainly interested in the gold bullion value, 100 corona re-strikes are a cheap alternative. These re-strikes are reproductions of 100 corona alloy gold coins minted prior to 1915.
Following the death in 1916 of Franz Joseph, Emperor of Austria and Hungary, the Austrian mint began producing re-strikes (commemorative) 100 corona coins dated 1915.
Franz Joseph's image is on the obverse (heads) side of the coin. A double-headed eagle with a royal crown overhead and coat of arms shield covering its mid-section are pictured on the reverse (tails) side.
Alloy gold coins include an alloy metal(s) making them more durable than pure gold coins. Although 1 oz. Philharmonic and 100 corona coins have different purity levels, their gold weights are nearly the same.
The 100 corona is approximately 0.02 oz. shy of one full ounce. That's razor close. If you compare its price with a 1 oz. Philharmonic you will likely see that the corona is a little cheaper on a per ounce basis.
Ducats and Other Austrian Gold Coins
In 1976 the Austrian mint issued 1.8 million circulating 90% gold coins with a 1,000 schilling face value to commemorate the beginning of the Babenberger Dynasty 1,000 years ago.
The official seal of Duke Frederich II (knight on horseback) is featured on the reverse side.
Austrian ducats (1 ducat and 4 ducats) are worth considering for those of you interested in small gold coins. Ducat currencies were widely used in Europe for several hundred years.
Like the 100 corona, re-struck ducat gold coins have a 1915 date and are a cheap way to own gold bullion. Gold ducats are 98.6% gold and include images of Franz Joseph (obverse) and a double-headed eagle (reverse).
1907 Austrian 4 Ducat Gold Coins
Ducat gold coins with pre-1915 dates may have rare/numismatic value making them more expensive than ducat re-strikes.
Calculate Gold Bullion Values
Differing gold weights among these Austrian gold coins can make it difficult to compare gold bullion values. So I created the table below to make it easier.
Simply multiply a coin's price by the multiplier to estimate its gold bullion cost on a per ounce basis. A multiplier is the number of gold coins required to equal 1 oz. of gold bullion.
Then compare your coin's estimated gold bullion cost (per oz.) to the current spot gold price (per oz.) and go from there.
|Gold Coin||Gold Purity||Gold Weight||Multiplier|
|1 oz. Philharmonic||99.99%||1 oz.||1|
|½ oz. Philharmonic||99.99%||0.50 oz.||2|
|¼ oz. Philharmonic||99.99%||0.25 oz.||4|
|1⁄10 oz. Philharmonic||99.99%||0.10 oz.||10|
|100 corona||90%||0.9802 oz.||1.02|
|1000 schilling||90%||0.3906 oz.||2.56|
|1 ducat||98.6%||0.1107 oz.||9.03|
|4 ducats||98.6%||0.4426 oz.||2.26|
Harmonize With Fractional Philharmonic Gold Coins
Fractional Philharmonic and other Austrian gold coins such as ducats are an excellent way to optimize your gold bullion holdings.
How do smaller gold coins help? Smaller gold bullion coins are especially helpful if you only want to sell a small portion of your gold at one time.
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