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 same thing. The value of the actual gold is around $0.02. However no gold company will touch these. It cost more to remove the gold plating than the value of the gold. So these bars are only worth their collectible value and have no actual previous metal value.
There is 31.10348 Grams per troy oz 1 MILL is one millionth of a troy ounce So 31.10348(Grams per Troy Oz) X .000001 (one millionth of a Troy Oz) = 0.00003110348 of a Gram 1 MILL = 0.00003110348 Gram Today Gold is at $42.24 per gram So 0.00003110348 (of a Gram) X 42.24(price per Gram) = $0.0013138109952 So a 100 MILLs of gold is worth $0.0013138109952(price per MILL) X 100(MILLs) = ~ $0.13
$53,000
gold weight 68.1 grains in avoirdupois equall in troy grains
$34,000.00
1200.00us dollar
5kg of .9999 gold at 1500/oz[troy] is worth approx. $239,976.
5kg of .9999 gold at 1500/oz[troy] is worth approx. $239,976.
what is a one troy ounce
Gold in Alaska is worth the same amount as any other state. Right now gold is worth $1526.60 per troy ounce.
As of November 21 2011 one troy ounce of gold is worth £1086.39 ($1702.90 US Dollars)
In 1853, the price of gold was fixed by law at $20.67 per troy ounce in the United States due to the Gold Standard Act.
As of 2 February 2013, gold is worth $1,667 per troy ounce. At 14.5833 troy ounces per AVDP pound, and 2,000 pounds per ton, 25 tons is worth $1,215,518,055.