Egyptian Gold Pound
Live Melt Value
$1,042.17
Gold content: 0.2391 oz (7.44g)
4 minutes ago
Specifications
Melt value by currency
Melt value by quantity
Compare with similar coins
| Coin | Gold content | Purity | Melt value |
|---|---|---|---|
| Egyptian Gold Pound | 0.2391 oz | 87.5% | $1,042.17 |
| Saudi Guinea | 0.2354 oz | 91.7% | $1,026.04 |
| Indian Gold Sovereign | 0.2354 oz | 91.7% | $1,026.04 |
| Iraqi Gold Dinar | 0.2354 oz | 91.7% | $1,026.04 |
| Jordanian Gold Dinar | 0.2354 oz | 91.7% | $1,026.04 |
| Iranian Bahar Azadi | 0.2354 oz | 90.0% | $1,026.04 |
About the Egyptian Gold Pound
The Egyptian Gold Pound is a 87.5% pure gold coin (21K) produced by Egyptian Mint in Egypt since 1839-present. It contains 7.44g (0.2391 troy oz) of pure gold with a total weight of 8.5g. At today's spot price of $4,358.70/oz, the melt value is $1,042.17.
As a historic coin, the Egyptian Gold Pound may carry a numismatic premium above its melt value depending on condition, rarity, and collector demand. Common-date examples in circulated condition typically trade at 1-5% above melt value, while rare specimens can command significantly higher prices.
The Egyptian Gold Pound is minted in .900 fine gold (90% pure). This was the standard purity for gold coinage in the 19th and early 20th centuries. The 10% alloy gives excellent durability.
When buying a Egyptian Gold Pound, expect a dealer premium of 1-15% above melt value. When selling, reputable dealers pay 95-100%+ of melt value. Compare offers from at least 3 dealers before selling.
How to buy and sell a Egyptian Gold Pound
Buying
Purchase from reputable bullion dealers, banks, or government mints. Expect a premium of 1-15% above the melt value. Verify weight and purity before completing the purchase. Store in a safe or bank deposit box.
Selling
Sell to online bullion dealers for the best prices (95-100%+ of melt). Local coin shops offer 90-95%. Pawn shops offer the lowest at 80-90%. For rare coins, consider auction houses.
How much is a Egyptian Gold Pound worth today?โพ
Based on today's gold spot price of $4,358.70/oz, a Egyptian Gold Pound has a melt value of $1,042.17. Market price may include a dealer premium above melt.
What is the gold content of a Egyptian Gold Pound?โพ
A Egyptian Gold Pound contains 7.44g (0.2391 troy oz) of pure gold. Total weight is 8.5g at 87.5% purity (21K).
Is a Egyptian Gold Pound a good investment?โพ
The Egyptian Gold Pound contains 0.2391 oz of gold providing intrinsic value. Bullion coins trade near melt while historic coins may carry numismatic premiums.
How can I verify a Egyptian Gold Pound is genuine?โพ
Check weight (8.5g), diameter (24mm), and thickness (1.5mm) with precision instruments. Gold is not magnetic โ a magnet test detects common fakes. For high-value coins, get PCGS or NGC certification.
Where is the best place to sell a Egyptian Gold Pound?โพ
Online bullion dealers pay 96-99% of melt value. Local coin shops: 90-95%. Pawn shops: 80-90%. For rare specimens, auction houses may pay above melt. Always get multiple quotes.
How much does a Egyptian Gold Pound weigh?โพ
A Egyptian Gold Pound weighs 8.5g total. Of this, 7.44g (0.2391 troy oz) is pure gold. Diameter: 24mm, thickness: 1.5mm.