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Sep 18, 2010· Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about $3.87 in gold content, assuming a gold price of $1200 oz.
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Mar 16, 2018· That is a measure of Gold weight, not gold purity. A bar described as "1oz 100 mills 24k GOLD!!!!" contains one ounce of worthless scrap metal, plated with gold …
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Mar 16, 2015· This video shows a fake 1 oz gold bar and then goes into the details of what consumers can do to help to verify authenticity. A direct comparison is made to an Englehard Gold Bar and the fake gold ...
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What Gold Clad Really Means Gold clad is a fancy way of saying gold plated. Gold clad coins are nothing more than regular coins with some worthless substance as coating. Essentially, gold clad coins are made when gold is bonded to another cheap metal. In layman's terms, the 'gold' you are receiving is practically worthless.
Oct 17, 2013· how much is a one troy ounce 100 mils .999 fine gold clad worth? Answer Save. 6 Answers. Relevance. Ranger. Lv 7. 7 years ago. Favorite Answer. That depends upon what the base metal is, that has the gold clad on it. Gold Clad means that it has a covering of Gold about as thick as a coat of paint. The object is not solid gold.
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Dec 22, 2012· I continue to see some bidders bid spot price for 100 mills silver bars and not realizing that they are bidding on a plated bar. Whoever won that 100 mills gold bar in that ebay link will get a lump of coal in their stocking when they realize that it is not a 1-troy oz. .999 pure gold bar.
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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 ...
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