Saudi Guinea
Live Melt Value
$946.07
Gold content: 0.2354 oz (7.32g)
2 minutes ago
Specifications
Melt value by currency
Melt value by quantity
Compare with similar coins
| Coin | Gold content | Purity | Melt value |
|---|---|---|---|
| Saudi Guinea | 0.2354 oz | 91.7% | $946.07 |
| Indian Gold Sovereign | 0.2354 oz | 91.7% | $946.07 |
| Iraqi Gold Dinar | 0.2354 oz | 91.7% | $946.07 |
| Jordanian Gold Dinar | 0.2354 oz | 91.7% | $946.07 |
| Iranian Bahar Azadi | 0.2354 oz | 90.0% | $946.07 |
| Iranian Emami Gold Coin | 0.2354 oz | 90.0% | $946.07 |
Market analysis by Mehmet Aydın·Precious Metals Editor·Last updated April 2026About the Saudi Guinea
The Saudi Guinea is a 91.7% pure gold coin (22K) produced by Saudi Mint in Saudi Arabia since 1950-present. It contains 7.32g (0.2354 troy oz) of pure gold with a total weight of 7.988g. At today's spot price of $4,019.00/oz, the melt value is $946.07.
As a historic coin, the Saudi Guinea 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 Saudi Guinea is minted in 22 karat gold (91.67% pure), alloyed with copper for improved durability. Despite the lower purity compared to 24K coins, it contains exactly 0.2354 troy oz of pure gold.
When buying a Saudi Guinea, 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 Saudi Guinea
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.
Saudi Guinea specifications
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How much is a Saudi Guinea worth today?
At today's gold price of $4,019.00 per troy ounce, the Saudi Guinea has a melt value of about $946.07 — the worth of the 0.2354 oz of gold it contains. In practice you will pay a little above melt when buying and receive close to melt when selling, because dealers add a premium for minting, distribution and their margin. The melt value is the floor: it tells you what the metal alone is worth, which makes it the right number to measure any dealer's quote against.
Saudi Guinea history
The Saudi Guinea comes from Saudi Arabia and has been issued 1950-present by Saudi Mint. Coins like this were created to give investors and collectors a trusted, mint-backed way to own a precise amount of gold. Over the years it has built a reputation for consistent quality and recognisability — and recognisability is what gives a bullion coin its staying power, because a widely-known coin is easier to buy, sell and authenticate anywhere in the world. Its design and specifications have been kept stable so each new issue is interchangeable with the last.
Saudi Guinea premium over spot
A Saudi Guinea almost always costs more than its raw melt value. That extra is the premium, and it covers refining, minting, distribution and the dealer's margin. For a widely-traded bullion coin the premium is usually modest — often around 1-15% over spot — while scarcer or collectible coins can carry much higher premiums, and premiums also rise when demand spikes or supply tightens. When you sell, you typically recover 95-100%+ of the metal value, so buying at a low premium from a reputable dealer is the single biggest factor in your long-term return.
Where to buy and sell a Saudi Guinea
Buy Saudi Guinea coins from established, accredited bullion dealers — a trusted local coin shop or a major online dealer — and compare the total price including premium and shipping before committing. Check authenticity: buy sealed or graded where possible, verify the weight and dimensions, and be wary of prices that look too good to be true. When selling, get quotes from several dealers, as offers vary; a recognised coin in good condition with its packaging fetches the best price. Avoid pawn shops for bullion coins — specialist dealers almost always pay closer to true value.
Is the Saudi Guinea a good investment?
As an investment the Saudi Guinea has clear strengths: it holds 0.2354 oz of 91.7% gold, it is highly recognisable, and that recognisability makes it liquid — easy to sell quickly at a fair price almost anywhere. Like all gold, it is best treated as a long-term store of value and a hedge against inflation and currency weakness rather than a quick trade. The main cost to watch is the premium: pay too much over spot and it takes longer for the gold price to catch up. Bought sensibly from a reputable dealer and held for the long term, it is a solid, low-fuss way to own physical gold.
How much is a Saudi Guinea worth today?▾
Based on today's gold spot price of $4,019.00/oz, a Saudi Guinea has a melt value of $946.07. Market price may include a dealer premium above melt.
What is the gold content of a Saudi Guinea?▾
A Saudi Guinea contains 7.32g (0.2354 troy oz) of pure gold. Total weight is 7.988g at 91.7% purity (22K).
Is a Saudi Guinea a good investment?▾
The Saudi Guinea contains 0.2354 oz of gold providing intrinsic value. Bullion coins trade near melt while historic coins may carry numismatic premiums.
How can I verify a Saudi Guinea is genuine?▾
Check weight (7.988g), diameter (22mm), and thickness (1.4mm) with precision instruments. Gold is not magnetic — a magnet test detects common fakes. For high-value coins, get PCGS or NGC certification.
Where is the best place to sell a Saudi Guinea?▾
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 Saudi Guinea weigh?▾
A Saudi Guinea weighs 7.988g total. Of this, 7.32g (0.2354 troy oz) is pure gold. Diameter: 22mm, thickness: 1.4mm.
What is the premium on a Saudi Guinea?▾
The Saudi Guinea typically trades at a premium of around 1-15% over its melt value, covering minting, distribution and dealer margin. Scarcer dates or graded coins can cost more. When selling, you usually recover 95-100%+ of the metal value.
Where can I sell my Saudi Guinea?▾
Sell to established bullion dealers or reputable coin shops, online or local, and get quotes from several since offers vary. A recognised coin in good condition with its packaging sells closest to its $946.07 melt value. Avoid pawn shops, which tend to pay less.