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Home >> Why Buy 24 Karat Gold Austrian Philharmonic Coins?

Author: Gold Why Webmaster
Date: September, 2009
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Gold Philharmonics  
©iStockphoto.com – MarkusSevcik  
I'm excited about today's article because I'm highlighting the number one gold bullion coin on my personal "to buy" list, the Austrian Gold Philharmonic. As you can see in the pictures to the left and below, this coin is absolutely beautiful. I currently own a wide variety of different gold bullion coins ranging from your typical Krugerrand to your typical Gold Eagle to your slightly less typical Gold Chinese Panda. One of my favorite parts of the gold world is diversifying my portfolio with a variety of different coins, both sizes and also issues. The Gold Philharmonic is next on my list and I can't wait to buy one!

Gold Philharmonics Are 24 Karat Gold

There are two main types of gold coins: 22 karat gold and 24 karat gold. As you can see from the pictures of my personal Gold Panda versus my personal 2005 Gold American Eagle, the 24 karat coin (the Gold Panda) is better looking. However, that better look does come at the expense of scratches and dents. It's easier to scratch or dent a 24 karat gold coin versus a 22 karat gold coin so you need to be super careful when handling the delicate Gold Philharmonic.

A Unique Design, A Beautiful Coin

I really love the Austrian Philharmonic. The obverse (front) depicts the organ of the Vienna concert hall (as shown in the pictures in this article). The reverse (back) depicts a variety of musical instruments (not shown in this article). Minted in Vienna, the Vienna Philharmonic features one of the most beautiful and striking designs of any gold coin, in my opinion.

The Gold Philharmonic Is The First Euro Denominated Gold Coin

Over the last five years, the Euro has been relatively strong compared to the Dollar. In the most recent two years, the Euro has dropped a bit (but now recovering quite a bit). Currently, each Euro is worth about 1.4 Dollars. Because of this phenomenon, I think it's cool to own a gold coin denominated in Euros. Of course, the face value doesn't have much meaning with gold bullions coins (it's all about gold content). At the same time, in terms of diversification and owning a cool coin, the Euro denomination of the Gold Philharmonic is unique. Whether it's the tenth ounce, quarter ounce, half ounce, or full one troy ounce variety, I recommend buying a Gold Philharmonic for your collection. It's the next gold coin I plan to buy!

Buy Gold Austrian Philharmonic Coins On eBay

Several 1 Troy Oz Gold Austrian Philharmonic Coins

Austrian Gold Philharmonic Coins
©iStockphoto.com – MarkusSevcik  

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