Among our more traditional products, Austrian gold ducats have been valued for generations and are popular as gifts and investments.
Among our more traditional products, Austrian gold ducats have been valued for generations and are popular as gifts and investments.
The Vienna Philharmonic is considered a superb investment on every continent and precious metal aficionados appreciate the very highest standards of purity and sustainability applied during its manufacture. Also coveted are our historical re-strikes, Ducats, Gulden and Crowns, which are some of our most established products. A Restrike is also the silber-bullion coin Maria Theresa Taler.
Due to their very high fineness bullion coins are mainly used for investment purposes and are minted in unlimited quantities according to demand. Their face value guarantees that they are produced by an official state mint, but this is much lower than the value of their precious metal content, which in the case of Vienna Philharmonics is up to 999.9/1000. The value of a bullion coin depends on the daily gold, platinum or silver price as quoted on the commodity markets.
Restrikes of historic golden Ducats, Gulden and Crowns are no longer legal tender. They are traded according to the daily gold price.
The fineness of a coin defines its precious metal content. The Vienna Philharmonic in gold, for example, has a fineness of 999.9 and is thus made of pure gold.
Fine weight defines only the weight of a coin’s precious metal content. In addition to precious metal, a coin can also contain copper, as in the case of the Ducat. Fine weight plus the weight of a coin’s non-precious metal content combine to make its total weight.
An (Troy-) ounce or fine ounce is the international standard unit of weight for precious metals and equals 31.103 grams. Gold, Platinum and silver prices are given in US dollars per fine ounce. The term originates from the Latin uncia (one twelfth of the whole). One uncial was the equivalent of one twelfth of a Roman pound.
A measure of the purity of gold in 24 parts. One carat gold is 1/24 parts gold (4.166 per cent or 41.66 per thousand), while 24 carat gold is absolutely pure gold. This measure is commonly used in the jewellery industry.