100 Austrian Gold Coronas for Just $1.20

• Austria's central bank, Oesterreichische Nationalbank (OeNB), is offering 100 gold coronas for 100 euros ($121.27).
• The offer is valid until Nov. 30, 2022.
• Austria's central bank, Oesterreichische Nationalbank (OeNB), is offering 100 gold coronas for €100 ($121.27).

The Austrian central bank, Oesterreichische Nationalbank (OeNB), is offering 100 gold coronas for 100 euros ($121.27). The offer is valid until Nov. 30, 2022.
The gold corona is a currency unit that the Austrian central bank minted in 2002. Gold corona coins are minted in denominations of 10, 25, 50, and 100.

Why Austria's Gold Coronas Are Worth More Than Other Gold Coins

Austrian Gold Coronas are 100-year-old gold coins that have been released in several sizes.
In 1908, the Austrian Mint issued its first gold coin, the 100 Corona, in 1 oz. gold. The coronas bear the effigy of King Carol I, who was king of Romania from 1866 to 1914, and of the Austrian Empire from 1916. King Carol I, who was considered a military leader, was crowned in 1866, after Romania was annexed by Austria-Hungary. The Gold Coronas were issued in 1908, 1912, 1914, 1917, and 1919.
The 100 Coronas were issued again in the 21st century with a new design. The obverse design features a small crown and the inscription "100 Coronae Austriae." The reverse features the coat of arms of the Austrian Empire, with the inscription "Republik Oesterreich."

Austria Gold Coronas: An Overview

The Gold Corona is Austria's gold bullion coin. It is minted in gold, silver, and platinum, and comes in all denominations, from 1 to 1,000 euros. The coins are legal tender in Austria. The Austrian Mint also produces collector's versions of the coin that come in proof and proof-like finishes.
The Austrian Gold Corona is minted by the Austrian Mint. The mint is tasked with producing euros for the Austrian central bank, or the Oesterreichische Nationalbank. The Austrian Mint also produces collector's versions of the coin that come in proof and proof-like finishes.

Austrian Gold Corona Specifications

Type: Gold coin

Year: 2017

Weight: .99999 troy ounces

Purity: .9999 gold

Face value: 100 euro

Source: Coin Update
In 2017, the Republic of Austria produced a series of gold bullion coins featuring various designs by renowned artists. The Austrian Gold Corona is one of the most produced and most affordable Austrian gold coins. Each coin contains .99999 pure gold with a face value of €100.
The Austrian Gold Corona is produced in four different weights: 1⁄2 oz, 1 oz, 1⁄4 oz, and 1/10 oz. These coins are legal tender in Austria, but due to their low face value, they are rarely spent as currency. The coins are highly sought after by collectors and investors, and Austrian Gold Coronas can usually be found for under $200.

Austria Gold Corona Price History

Austrian Gold Coronas (XAU) are gold bullion coins minted by the Austrian Mint. They are surprisingly affordable, and the coins are legal tender within Austria. The obverse of the coin features an image of St. Stephan, who is the patron saint of Austria. The reverse depicts the Austrian coat of arms, with the image of the Austrian Parliament, the Rathaus, in the center.
These coins are 1 troy ounce (31.1 grams) and have a face value of 20 euros. Each Austrian gold coin is stamped with a unique serial number, and the obverse of the coin features a laser image that encodes the coin's serial number, country of origin, metal content, and purity.

Austria Gold Corona Resources

(TSX:CRC)
Earlier this month, Austria Gold Corona, a gold-focused exploration company, announced the start of its 100-for-1 share consolidation. The company's shares are expected to trade on a 1-for-1 basis, and 100 Austrian Gold Coronas will be issued for each one held. The consolidation will be effective July 27, 2020, and the deadline for shareholder approval is July 24.

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The Bottom Line

The Austrian Philharmonic sells at prices that make it one of the most affordable bullion coins in the world. Investors can choose between 1 ounce and 1/2 ounce bullion coins, or they can purchase the fractional 1/10-ounce Austrian Philharmonic coins.