Melt value vs. market offer vs. numismatic premium
Three different numbers often get confused:
- Melt value: the pure metal value at spot (set payout to 100%). This is the floor.
- Market offer: what a buyer actually pays — usually melt value minus a margin.
- Numismatic premium: extra value a collector coin carries above its metal, due to rarity or condition. This tool estimates metal value only.
Coins & bullion examples
You can value common bullion without a coin catalog by entering its gold weight and purity:
| Item | Purity | Gold weight |
|---|---|---|
| 1 oz Gold Eagle | 22K (.9167) | 1 troy oz gold |
| 1 oz Maple Leaf | 24K (.9999) | 1 troy oz |
| Krugerrand | 22K | 1 troy oz gold |
Related calculators
Frequently asked questions
What is gold melt value?
It's the intrinsic value of the pure metal at the current spot price — the value you'd get if the item were melted down. Set the payout to 100% to see it.
Is melt value the same as what a buyer pays?
No. Melt value is the floor. A buyer's market offer is usually melt value minus a margin, and collector coins may carry a numismatic premium above their metal value.
How do I find the melt value of a gold coin?
Enter the coin's gold weight and purity (e.g. 1 troy oz at 22K for a Krugerrand). This estimates metal value only, not collector premium.