Egypt 5 Ghirsh Gold Melt Value (1876–1909)

An Egypt 5 Ghirsh (Gold, 1876–1909) contains 0.0118 troy oz of pure gold, worth $47.22 at today's spot price.

Egypt struck the 5 Ghirsh gold coin from 1876 to 1909 in 87.5% gold. Each coin weighs 0.42 g and holds 0.0118 troy oz (0.367 g) of pure gold. The ghirsh was also used in Hejaz, Nejd, Saudi Arabia, Sudan, Syria and Yemen.

1876–1909

$47.22 melt value per coin

0.0118 troy oz gold · 87.5% gold

Melt values use these spot prices (US dollars):

  • Gold $3,996.90 per troy oz Current quote · Quote time Oct 23, 7:19 PM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 1876–1909
Face value 5 Ghirsh
Composition 87.5% gold
Gross weight 0.42 g
Fineness .875 (87.5%)
Pure metal 0.0118 troy oz (0.368 g)

How the melt value is worked out

Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 0.42 g × .875 fine ÷ 31.1035 g per troy oz = 0.0118 troy oz
    0.0118 troy oz × $3,996.90 spot = $47.22

Melt value vs. collector value

Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.

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