A Tonga ¼ Koula (Gold) contains 0.2395 troy oz of pure gold, worth $957.43 at today's spot price.
Tonga struck the ¼ Koula gold coin in 1962 in 91.7% gold. Each coin weighs 8.125 g and holds 0.2395 troy oz (7.451 g) of pure gold.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 23, 7:10 PM EDT
Some prices could not be refreshed recently and may be out of date.
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 | 1962 |
|---|---|
| Face value | ¼ Koula |
| Composition | 91.7% gold |
| Gross weight | 8.125 g |
| Fineness | .917 (91.7%) |
| Pure metal | 0.2395 troy oz (7.451 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.
-
8.125 g × .917 fine ÷ 31.1035 g per troy oz = 0.2395 troy oz
0.2395 troy oz × $3,996.90 spot = $957.43
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.