Nigerian Gold Bar 1g
Live Melt Value
$139.91
Gold content: 0.0321 oz (1.00g)
4 minutes ago
Specifications
Melt value by currency
Melt value by quantity
Compare with similar coins
| Coin | Gold content | Purity | Melt value |
|---|---|---|---|
| Nigerian Gold Bar 1g | 0.0321 oz | 99.9% | $139.91 |
| South African Krugerrand 1/10 oz | 0.1000 oz | 91.7% | $435.87 |
| South African Krugerrand 1/4 oz | 0.2500 oz | 91.7% | $1,089.68 |
| South African Krugerrand 1/2 oz | 0.5000 oz | 91.7% | $2,179.35 |
| South African Krugerrand 1 oz | 1.0000 oz | 91.7% | $4,358.70 |
About the Nigerian Gold Bar 1g
The Nigerian Gold Bar 1g is a 99.9% pure gold coin (24K) produced by Various in Nigeria since Various. It contains 1.00g (0.0321 troy oz) of pure gold with a total weight of 1g. At today's spot price of $4,358.70/oz, the melt value is $139.91.
As a modern bullion coin, the Nigerian Gold Bar 1g is designed for gold investment and wealth preservation. It typically trades at a small premium (3-8%) above its melt value. The Bar series is one of the most widely recognized and traded gold coins worldwide.
The Nigerian Gold Bar 1g is minted in 99.99% pure gold (24K), making it one of the purest gold coins available. This high purity means softer metal โ handle with care to prevent scratches.
When buying a Nigerian Gold Bar 1g, expect a dealer premium of 3-8% above melt value. When selling, reputable dealers pay 96-99% of melt value. Compare offers from at least 3 dealers before selling.
How to buy and sell a Nigerian Gold Bar 1g
Buying
Purchase from reputable bullion dealers, banks, or government mints. Expect a premium of 3-8% 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 (96-99% 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 Nigerian Gold Bar 1g worth today?โพ
Based on today's gold spot price of $4,358.70/oz, a Nigerian Gold Bar 1g has a melt value of $139.91. Market price may include a dealer premium above melt.
What is the gold content of a Nigerian Gold Bar 1g?โพ
A Nigerian Gold Bar 1g contains 1.00g (0.0321 troy oz) of pure gold. Total weight is 1g at 99.9% purity (24K).
Is a Nigerian Gold Bar 1g a good investment?โพ
The Nigerian Gold Bar 1g contains 0.0321 oz of gold providing intrinsic value. Bullion coins trade near melt while historic coins may carry numismatic premiums.
How can I verify a Nigerian Gold Bar 1g is genuine?โพ
Check weight (1g), diameter (0mm), and thickness (0mm) 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 Nigerian Gold Bar 1g?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 Nigerian Gold Bar 1g weigh?โพ
A Nigerian Gold Bar 1g weighs 1g total. Of this, 1.00g (0.0321 troy oz) is pure gold. Diameter: 0mm, thickness: 0mm.