22

Mar 2012

22

Mar 2012

About the 4 Florin 10 Francs Gold Coin

By StoneX Bullion

Gold Austrian Coin 4 Florin 10 Francs

The 4 Florin 10 Francs gold coins were designed as trade coinage between 1870 and 1892. The reason that stood behind the issuing of this gold coins was Austria becoming a member of the Latin Mint Union. The Florin gold coins were minted in two denominations: the 4 Florin gold coins with a face value of 10 Francs and the 8 Florin gold coins with the corresponding value of 20 Francs.

These Austrian gold coins were very popular between 1870 and 1892 when they were issued as trade coinage, under the reign of Emperor Franz Joseph I. Today they have the status of being Brilliant Uncirculated gold coins.

Nowadays, the Austria Mint is still producing the 4 Florin 10 Francs gold coins as gold bullion coins and they are all dated by 1892. The minted 4 Florin 10 Francs gold coins have a 90.00% fineness with a gold weight of 2.90 grams, more exactly 2.903250 grams, which is also the equivalent of 0.0933 troy ounces of fine gold. These gold bullion coins have a diameter of 19 mm, a total weight of 3.22580 grams and are made from an alloy of gold with cupper.

Design for the Austrian Gold Coin 4 Florin 10 Francs

The obverse of the 4 Florin 10 Francs gold coins depicts the laureate head of Emperor Franz Joseph I facing right. He was the monarch of the Austrian Empire for 68 years classifying as one of the longest reigns of the modern Europe.

The reverse illustrates the double headed Imperial eagle with a shield on its chest. At the bottom of the coin there is written the year 1892 found on the entire 4 Florin 10 Francs gold coins minted until present day.

Investing into the 4 Florin 10 Francs

The 1892 4 Florin 10 Francs belongs to the category of reminted gold coins by the Austrian government during the years, however not every year. Other gold coins that belong to this category and are still reminted today are: the 1 Ducat and 4 Dukats from 1915, the 8 Florin from 1892, the 1912 10 Kronen, and the 1915 20 and 100 Kronen.

Therefore, the 4 Florin 10 Francs gold coin is a reminted coin found in a brilliant condition and that is made of scarce solid gold. It is perfect for investors and collectors. There maybe even be collectors that desire to have the entire set of Austrian reminted gold coins.

Some people might think that investing into gold bullion coins may come too expensive but it is in fact a great way to preserve assets and to be safe from economic unforeseen situations. It may require at first a substantial investment, especially in the case of beginning investors, but the rewards can equal that financial effort.

The 4 Florin 10 Francs gold coins can be a great way to diversify a portfolio and is available on our website at the price of EUR 126.27, a price calculated based on the gold spot price and also free of VAT.

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