Hi,If you found it on ebay..beware as it's only 100ml gold on a 32 gram silver/copper bar.1 ounce is 32gm[when refers to gold,called troy ounce].100mls on a troy ounce means 100ml of gold[which is one tenth of a gram] plated on silver/copper or other base metal.Regards,Jaco
This is a common marking on gold-plated items that indicates the item is plated with a layer of 100 mills of pure gold. However, the actual amount of gold in the item is only a minimal fraction of that, often just a few microns thick. It is not considered a meaningful measurement of gold content and is primarily used for decorative or promotional purposes.
This means that the item is not actually made of pure gold. "100 Mills" denotes the thickness of the plating in millionths of an inch, and "999 Fine Gold" is used as a marketing term to imply high quality. In reality, the item contains a minimal amount of gold and is mainly composed of base metals.
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.
1 troy ounce = 31.1035 g "pure" (.999) gold
100 mills is merely a thin plating and has a very low value because the amount of gold is very small. I would not advise anyone to spend their money on such coins.
June 8th, 2012... one troy ounce of .999 fine gold is woth US$1,590 (ish)
1 troy silver .999
100 gms glod price .999 purity...
A "1 Troy ounce .999 gold clad" refers to a piece of metal that weighs one troy ounce and is coated with a layer of gold that is 99.9% pure. The term "clad" indicates that the gold is not solid but rather a thin layer over another metal, typically a less valuable base metal. This means that while it contains gold, its intrinsic value comes primarily from the base metal rather than the gold coating. As such, it is not considered a pure gold investment but may be valued for its aesthetic or collectible appeal.
you must kill 100 gold skutellas and there is no 999 only 500 sorry :<
.999 is a measure of the gold's purity, not its weight. .999 Fine means it is 99.9%, or 999/1000, pure gold
999-100 =899