Hungarian 100 Korona Gold Coins
Hungarian 100 Korona gold bullion coins are identical in weight and purity to the Austrian 100 Coronas: however, the two gold bullion coins differ in designs. Whereas the Austrian gold bullion coins have a profile of Franz Joseph I on the obverse, the Hungarian 100 Koronas have him standing, holding a sphere and a scepter. The 100 Korona gold bullion coin reverse has the Hungarian Coat of Arms, a large shield held by winged angels.
Like the 100 Coronas, the Hungarian 100 Koronas are minted of 900 fine (21.6 karat) gold, and each coin contains 0.98 ounce of gold. The restrike date is 1908. (A restrike is an official reproduction of a coin that once was minted for circulation.) The edges are lettered with Bizalmam az osi erenyben.
Also like the 100 Coronas, Hungarian 100 Koronas are no longer minted and are among the lowest-premium gold bullion coins available. Hungarian 100 Koronas are less common than the Austrian 100 Coronas. Sometimes a few 100 Koronas will be included in an order of Austrian 100 Coronas. Dealers often do not distinguish between the two because they are essentially the same coin.
Low Premium Gold Bullion Coins
Hungarian 100 Koronas, Austrian 100 Coronas, and Mexican 50 Pesos gold coins are ideal coins for gold buyers who want low premium gold coins, coins that carry small markups over spot.
Because these three coins are no longer minted, they are no longer promoted; consequently, they sell at small markups over spot than the more popular gold bullion coins, such as the American Gold Eagle coins and the Canadian Gold Maple Leaf coins.
If you would like to discuss the advantages and disadvantages of buying Hungarian 100 Koronas, Austrian 100 Coronas, and Mexican 50 Pesos, call us at 1-800-528-1380. CMIGS is one of the country’s oldest and most respected gold dealers. We are located in the Phoenix, Arizona financial district.