The Gold Melt Value Calculator, located below, can compute the total gold value and total
gold weight of a single gold coin, round, bar or ingot; or a combination of many different types
and quantities of gold items. This application will only figure what the gold content, of your
items, is worth (intrinsic value), and cannot determine any numismatic (collector) value.
You may use the calculator to see what your gold is worth, or to figure a max bid for any online gold bullion auction,
based on the price you’d pay for an ounce of pure gold.
(Instructions Below)
This application is designed for use with gold items of a known weight and purity. If you’re looking to figure
the total gold value of pre-1934 U.S. gold coins, then you might try the
U.S. Gold Coin Melt Value Calculator.
For U.S. gold bullion coins use the
U.S. Gold Bullion Melt Value Calculator.
More applications will be added to this website on a regular basis. Be sure to check back often, or find out how to stay
updated when new apps, features and resources are added.
How to use the Gold Melt Value Calculator.
Enter the total amount of coins, rounds, bars or ingots for each gold item, based on its actual gold weight. Enter
your numbers in the text boxes located directly to the right of that item’s corresponding unit of weight. As an alternative, you
can simply click on that row’s gold weight image, or its link, to increment the value of its text box by 1. The calculator will
automatically update the Total Gold Value (in red), whenever a change is made to the number of gold items.
The Total Gold Value is calculated based on the U.S. Dollar amount displayed in the Gold Price text box. The default
price is updated periodically throughout the trading day. You may change the Gold Price to represent how much you’d
prefer to pay per ounce, for the gold contained in any combination of gold items. This can help you to determine the
maximum bid you could enter, for an online gold bullion auction.
In addition to the Total Gold Value (in red), the gold calculator will also figure a Bid and Ask price based on the
amount displayed in the Price Spread text box. This amount defaults to 5%, but can be changed if you like. The gold Bid and Ask
prices are shown in the lower section of the gold results box, for those who would like to use them.
If your gold item is alloyed with another metal, you can use the Bullion Purity text box to adjust accordingly. Simply
enter the item’s percentage of pure gold by weight, and all resultant values will be multiplied by that percentage value.
The gold calculator figures total gold value and total gold weight based on the amount of gold content in
items that have no wear from handling. A gold coin or round, that does have some wear, will not contain as
much gold. You may want to indicate a percentage of that wear in the Amount of Wear text box. A value greater than the default
of 0 (zero), will reduce the total gold value and total gold weight results accordingly.
