Austrian Philharmonic 2024 1oz Gold Bullion Coin
Bullion | 999.9 Fine Gold
Price: From £2,458.66
Total £2,483.38
£2,483.38 per unit
Product code: B24PH1G
Our pricing* (estimated)
| Quantity | Unit Price |
|---|---|
1 | £2,483.38 |
2+ | £2,477.14 |
5+ | £2,471.37 |
10+ | £2,465.59 |
20+ | £2,458.66 |
Choose your option
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VAT Free
VAT free for non VAT registered private individuals
Can be Vaulted
Store in The Vault, our on-site precious metal storage facility
Free Delivery
Free UK delivery on all bullion products to your registered address
The Austrian Philharmonic coin was first introduced in 1989 by the Austrian Mint. It is named after the Vienna Philharmonic orchestra (Wiener Philharmoniker), which inspires the design shown on both sides of the coins.
The obverse of the 1oz gold coin shows the pipe organ in the Vienna Musikverein’s Golden Hall. Whilst, the reverse of the coin depicts various instruments of the Vienna Philharmonic orchestra, including the Vienna horn, bassoon, harp, and four violins centred on a cello.
Both designs were produced by Thomas Pesendorfer, the chief engraver of the Austrian Mint.
Key Points:
- One troy ounce of 999.9 fine gold.
- VAT free for non-VAT registered private individuals.
- Individually packaged in a single coin capsule.
- Finished to the Austrian Mint’s bullion standard.
Please note, these coins are not exempt from Capital Gains Tax.
How are bullion prices calculated?
The 'buy' and 'sell' prices shown on the website represent the market value of raw vaulted metal in an 'unallocated' form. This is the standard way prices are quoted throughout the bullion industry. In order for The Royal Mint to deliver beautifully crafted precious metals products to your address, or to our vault, a number of processes must take place, all of which incur a cost. These processes include transportation, refining, minting, quality checking and merchandising.
The price at which The Royal Mint is able to sell bullion products to consumers is therefore made up of the 'spot price' (the buy price) plus an additional premium. The premium accounts for the costs incurred in manufacturing a particular product and is usually either a percentage of the buy price or a fixed monetary amount. In short, manufactured bullion products always sell at a premium to enable retailers and manufacturers to cover their costs.
Can I spend/pay using my bullion coins?
All UK coins, whether circulating or non-circulating, are authorised as “legal tender” by Royal Proclamation, in accordance with the Coinage Act of 1971.
Legal tender allows UK coins to be accepted for payment of debts in court – but, only circulating legal tender coins are designed to be spent and traded at businesses and banks. The Royal Mint creates commemorative and bullion coin series to celebrate key moments or individuals, and these are treasured for their collectable and aesthetic value, or purchased for investment opportunities. However, these non-circulating, commemorative and bullion coins are limited edition and will not enter general circulation – meaning banks and businesses are not required to accept them.
For more information on legal tender guidelines see: www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
Specification
Austrian Philharmonic 2024 1oz Gold Bullion Coin
| Specification | Value |
|---|---|
| Denomination | €100 |
| Alloy | 999.9 Fine Gold |
| Diameter | 37.00mm |
| Reverse Designer | Thomas Pesendorfer |
| Obverse Designer | Thomas Pesendorfer |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Gold |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
