⅒ oz Gold Philharmonic Coins

Yes. 1/10 oz Gold Vienna Philharmonic coins are struck in .9999 fine gold, which is considered 24-karat gold.

The 1/10 oz Gold Vienna Philharmonic coin is produced by the Austrian Mint (Münze Österreich), which is owned by the Austrian National Bank.

The one ounce Vienna Philharmonic coin is available from Monex individually or in units of ten; while each of the fractional Vienna Philharmonic coins are sold in units of 20 coins. Buying and selling gold bullion coins in larger quantities offers greater efficiency, which means better pricing for you. Monex selects only the most popular and liquid investment grade products, and buying more than one coin has historically proven beneficial over our extensive over 50 years* years of experience.

Once you have decided on the quantity of gold coins to purchase, your Monex account representative will assist you in executing your order over the phone. Upon your acknowledgment, your selected purchase and gold price will be confirmed on a voice recorded line and a written confirmation will be sent to you with the details of your order.

Payment may be made after you order, but must be initiated on the day of purchase, which means you must mail or wire funds on the very same day of your transaction. You can have your metal shipped to your home, made available for pick-up at over 30 facilities across the U.S. and Canada, or have your metal delivered to a bank/depository for storage.

Yes. Monex offers a two-way market for 1/10 oz gold Philharmonic coins. To sell, call a Monex account representative. Once the coins are received and verified, the sale price is agreed upon and payment is issued.

For those that appreciate how gold works to improve investment reward vs volatility/risk in a portfolio, it is recommended that a minimum of 10% of an investment portfolio should be in gold, or other precious metals. However, investors often purchase more when economic or geopolitical uncertainty in the markets and around the world rises. Mathematically, “How Much Gold” over time would have suggested preferred diversification is close to 10%, but certainly your preferred mix of assets is dictated by your personal views and preferences.

The 1/10 oz Gold Vienna Philharmonic offers .9999 fine gold in a smaller denomination. It allows investors to acquire gold in lower dollar increments while still holding a widely recognized European bullion coin.

Yes. The 1/10 oz Gold Vienna Philharmonic offers a balance between affordability and efficiency. It requires a lower upfront investment than a 1 oz coin while avoiding some of the higher per-ounce premiums associated with smaller fractional sizes.

Yes. Philharmonic gold coins are .9999 fine gold and they are IRA-approved gold coins for use in your gold IRA.

To add IRA-eligible 1/10 oz Gold Philharmonics to an IRA, you will work directly with an IRS-approved custodian to establish and fund your IRA account. Your Account Representative will connect you with a custodian upon request.

Once your IRA is funded, Monex executes the purchase at your direction and arranges insured delivery to an approved depository in the custodian’s name, as required for IRA holdings.

It is easy to confirm that Monex offers some of the best prices on 1/10 oz Gold Vienna Philharmonic coins by comparing our prices with those of other dealers. But what sets Monex apart is that we also feature transparent pricing. We publish both ask and bid prices on our website. That “spread” – the difference between our “ask” and “bid” prices – tends to be far less than many other dealers. We also offer lower Atlas Preferred Prices on purchases made with the Monex Atlas Account on several of our bullion bar and coin products. Call us today to learn more about Monex’s pricing advantages.

Monex does not offer gold bars or gold coins at a spot gold price. The true spot gold price is merely a benchmark per-ounce price for gold, not a price for a particular product, and is a reference price associated with the present month of the COMEX futures contract. In fact, a genuine spot gold price is not truly a quote at all, because it is not where dealers offer to buy or sell, which are their ask and bid prices. Monex makes a market for buying and selling quoted as “Ask” and “Bid” prices. Ask prices for gold products reflect competitive marketplace conditions for a particular type of gold investment item. There are, however, charges that accompany transactions, which include buy/sell charges, shipping or storage fees depending if the customer chooses home or depository delivery. Monex quotes extremely competitive prices for gold bullion depository delivery. Monex publishes buy/sell commission charges, which depend on the size of a transaction. For greater transparency, the Monex marketplace is quoted live online on its Live Prices page or through the powerful Monex Bullion Investor smartphone app available for both Apple and Android smartphones.

The current price of a 1/10 oz Vienna Philharmonic gold coin is based on Monex’s current ask price and moves with the gold market throughout the day. Because prices change frequently, the most accurate quote is available by contacting an Account Representative or checking the Monex live pricing page.

Yes. Smaller gold coins generally carry higher premiums per ounce than larger denominations. The difference reflects higher production costs relative to gold content and increased demand for fractional sizes.

1/10 oz Gold Philharmonics are packaged securely and shipped via insured, secure carriers. Tracking information is provided once the shipment is released.

All gold coin shipments to you are insured against loss or damage in transit, whether delivered to your home or to a depository. If you decide to have your 1/10 oz Gold Philharmonic coins delivered to and stored by a bank/depository, it remains fully insured while in storage as well.

Monex can arrange secure storage for your 1/10 oz Gold Philharmonic investment. We will deliver your gold coins with full title and ownership in your name to one of the independent bank/depository facilities that provide storage for Monex customers. When your metal is received by the third-party depository, the facility's custodian will send you a document acknowledging receipt and verifying that you are the owner of the Gold Philharmonic coins being stored.