Austria 100 Corona
One of the least expensive forms of gold available
The Austria 100 Corona was one of the earliest coins marketed to individual gold bullion buyers as demand for owning gold accelerated through the 1960’s. At the time, it was still illegal for Americans to own gold bullion. However, gold coins with collectible interest (as defined by the government to be coins dated before 1933) were legal to own. The Austrian Government took advantage of this loophole and re-struck the Austria 100 Corona with a 1915 date (1908 on the Hungarian version) making them legal to import into the United States. The 100 Corona enjoyed great popularity throughout the 1970’s gold bull market; though lost share particularly to the South Africa Krugerrand after 1974 when the U.S. removed restrictions on private ownership of gold.
Today Austria and Hungary 100 Coronas are not so popular as in their 1970’s heyday. They are readily available at very reasonable premiums; usually around 2% over their gold value. This makes the 100 Corona an attractive purchase for people seeking the greatest amount of gold for their dollar. Because of its non-standard size, the Austria 100 Corona cannot be held in precious metals IRA’s.
If you are interested in purchasing Austria 100 Coronas, please call one of our traders at 800-527-2375 for up to the minute pricing information. For price indications, refer to our Daily Quotes Price Page.
Austria 100 Corona Specifications:
Size: .9802 Ounces
Denomination: 100 Coronas
Gross Weight: 33.87 grams, 1.09 oz. Troy
Actual Gold Weight: 30.48 grams, 0.9802 oz. Troy
Fineness/Composition: .900 Gold, 21.6 Karat
Diameter: 37 MM, 1.457 Inches
Thickness: 2.3 MM, .074 Inches
Specific Gravity: 17.16