Turkey 500 Kurus Gold Melt Value (1844–present)

A Turkey 500 Kurus (Gold) contains 1.0633 troy oz of pure gold, worth $4,249.72 at today's spot price.

Turkey struck the 500 Kurus gold coin in 1844–present in 91.66% gold. Each coin weighs 36.08 g and holds 1.0633 troy oz (33.071 g) of pure gold.

1844–present

$4,249.72 melt value per coin

1.0633 troy oz gold · 91.66% 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

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 1844–present
Face value 500 Kurus
Composition 91.66% gold
Gross weight 36.08 g
Fineness .9166 (91.66%)
Pure metal 1.0633 troy oz (33.071 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.

  • 36.08 g × .9166 fine ÷ 31.1035 g per troy oz = 1.0633 troy oz
    1.0633 troy oz × $3,996.90 spot = $4,249.72

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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