What is the purity of gold at 100 mills? Answers
That is a measure of Gold weight, not gold purity. A bar described as quot;1oz 100 mills 24k GOLD!!!!quot; contains one ounce of worthless scrap metal, plated with gold with only 100 millionths ( of
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That is a measure of Gold weight, not gold purity. A bar described as quot;1oz 100 mills 24k GOLD!!!!quot; contains one ounce of worthless scrap metal, plated with gold with only 100 millionths ( of
Oct 17, 2013#0183;#32;Being Gold Clad and not Solid Gold, it is worth whatever you can get for it. The way you described the object is very misleading, giving the impression that the object weighing 1 T. oz. is solid gold. The Gold Clad is the legal description and indicates that the object is some other base metal.. Source(s): rc. 2 1.
1 OZ Gold Buffalo Bar 100 MILLS Clad .999 24k Fine Bullion.
So a 100 MILLs of gold is worth (price per MILL) X 100 = ~ These bars are NOT WORTH A SINGLE BREATH of your time. If you were to buy one, good luck trying to sell it to
Sep 18, 2010#0183;#32;Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about in gold content, assuming a gold price of 1200 oz.
The key there is 100 mills. That means the bar is plated with a layer of gold that is 100 millionths of an inch think. Many sellers will use the term clad rather than played, however both mean the
Nov 15, 2003#0183;#32;It''s 100 Million dollars worth of .999 silver!!! Actually it''s the thickness of the silver plating on the quot;coinquot; that is in reality made of a copper core. The 100 mill thickness is actually thinner than the copper plating on the zinc cent. As for weight, probably less than a baby chicks feather. Jim
Jan 21, 2013#0183;#32;I''d say they are a scam but they do mention that the coating is only 100 mills. The problem is that very few people actually know what ''100 mills'' is or refers to. This ''100 mill'' coating is literally a few goldatoms thick. The core metal in the bar or coin is usually copper.
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2 #0183;#32;Generally, the purity of gold bullion is up than 99%; gold coin and gold jewelry are commonly gold alloy, they may be 24k, 22k, 18k, 14k, 10k, or 8k, etc. Therefore, the prices of gold bullion is higher than gold coin and gold jewelry (excluding the costs of craft and design). Additional, a unit karat of gold is equal to 1/24 part (%). 4.
So (of a Gram) X (price per Gram) = So a 100 MILLs of gold is worth (price per MILL) X 100 (MILLs) = ~ 0 0 1.
Jun 02, 2010#0183;#32;What you bought is a gold plated steel or brass plate, which purportedly contains 100 mils or 1/10 of a gram of pure gold. The spot price of gold today is about 1,220 per troy ounce or grams. Therefore the pure gold plating of that buffalo bar is worth
18/9/2010#0183;#32;Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about in gold content, assuming a gold price of 1200 oz. Link to post. Share on other sites.
What is a walking liberty 2000 100 mills .999 fine gold dollar worth? 100 mills layered Gold or Silver is only plating of microns or more thick and has a low value on the open market.
Find many great new amp; used options and get the best deals for 1 Oz Gold Buffalo Bar 100 Mills Clad .999 24k Fine Bullion at the best online prices at eBay! Free shipping for many products!
1/6/2010#0183;#32;What you bought is a gold plated steel or brass plate, which purportedly contains 100 mils or 1/10 of a gram of pure gold. The spot price of gold today is about 1,220 per troy ounce or ..
Jan 05, 2012#0183;#32;This is the explanation that came along with it: 5 GRAM Gold Plated Buffalo Bar 100 Mills Pure 24K Gold This gorgeous 100 mills 24K BUFFALO BAR is plated in 100 mills of 24k GOLD to create this 5 gram bar. Gold has long been exalted as the ultimate hedge against hard times. They don''t call it the gold standard for nothing; central banks across the globe stockpile the gold to defend the
What is 100 mills of gold worth? Yoo Answers. Jun 01, 2010 What you bought is a gold plated steel or brass plate, which purportedly contains 100 mils or 1/10 of a gram of pure gold. The spot price of gold today is about 1,220 per troy ounce or grams. Therefore the pure gold plating of that buffalo bar is worth
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