Vienna gold coins selling at record highs in Japan

TOKYO, Japan - A shop assistant shows off Vienna gold coins at Tanaka Kikinzoku Kogyo K.K. in Tokyo. The coins produced by the Austrian mint are becoming increasingly popular with Japanese investors, with sales up to the end of October 2002 already double the previous year's figure at a record 100,000 ounces (about 3 tons). Due to the prolonged economic doldrums in Japan, the coins are popular as an alternative investment as they can be cashed at any time and their tender value is relatively stable, industry officials say.

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Product Code
ILEA001093988

Registered date
2002/11/04 00:00:00

Credit
Kyodo / Kyodo News Images

Media source
2002 Kyodo News

Media size
1864 × 1688 pixel

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1.10(MB)*

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Vienna gold coins selling at record highs in Japan

TOKYO, Japan - A shop assistant shows off Vienna gold coins at Tanaka Kikinzoku Kogyo K.K. in Tokyo. The coins produced by the Austrian mint are becoming increasingly popular with Japanese investors, with sales up to the end of October 2002 already double the previous year's figure at a record 100,000 ounces (about 3 tons). Due to the prolonged economic doldrums in Japan, the coins are popular as an alternative investment as they can be cashed at any time and their tender value is relatively stable, industry officials say. (Kyodo)