Gold in Iran: 18 Karat, Melted Gold, and Coin Types
Learn what 18 karat gold, melted gold, and Iran's four gold coin sizes (Emami, Bahar Azadi, half, quarter, gram) are, and what builds each one's price, with a hypothetical worked example and dated real figures.
Transcript
How do 18 karat gold, melted gold, and coins actually differ from each other in Iran's market? Today we cover four common types of gold assets traded every day in Iran. Knowing these differences helps you buy gold and coins more wisely and confidently. Karat is the ratio of pure gold to a piece's total weight, expressed as a number. 18 karat gold means 750 grams of pure gold out of every 1,000 grams of the piece. Melted gold is old jewelry that has been melted down, with no design and no making charge. Emami and Bahar Azadi coins share the same 900 purity, just with different designs and mint years. Half coins, quarter coins, and gram coins are simply fractions of that same full coin's weight. Suppose a gram of 18 karat gold has an intrinsic value of two million four hundred ten thousand tomans. On top of that intrinsic value, a making charge, seller profit, and tax are all added. Melted gold carries no making charge, so it stays much closer to its intrinsic value. A coin's price follows a different formula, its intrinsic value plus whatever premium the market adds. On July eleventh, twenty twenty six, these were the real prices in Iran's gold and coin market. Coins in Iran can be traded through three separate legal, tax exempt channels. One common mistake is ignoring the premium entirely when pricing a coin yourself. Another mistake is comparing handmade and melted gold prices without accounting for the making charge. So karat, melted gold, and coins each follow their own distinct pricing formula. Join us for the next lesson in the Sahmino Academy series, airing tomorrow.
