Emami Coin price today

The Emami coin price is one of the most-watched prices in Iran's market; thanks to its fixed weight and purity, official minting and high liquidity, this coin has for years been the main tool Iranian families use to save in gold. On this page you can see the live price of the new-design full Bahar Azadi coin (Emami) in Toman along with a chart. Below, we go over this coin's specifications, how to calculate its intrinsic value and bubble, the difference between bank-issued coins and the open market, the coin's place on the commodity exchange, and tips on storage and verifying authenticity.

What is the Emami coin?

"Emami coin" is the common name for the new-design full Bahar Azadi coin, minted by the Central Bank of the Islamic Republic of Iran. The name comes from the image of Imam Khomeini on one side of the coin, which sets it apart from the old-design Bahar Azadi coin , which has no such image. In everyday market talk, when someone mentions "the coin price" without further explanation, they usually mean this Emami coin.

The remaining 10 percent of the coin's weight is other metals, mainly copper, which makes the coin more resistant to wear. The same 900 purity is also used in the half coin and quarter coin.

Intrinsic value and bubble of the Emami coin

A coin's intrinsic value is the value of the pure gold it contains. To calculate it, simply multiply the coin's pure gold weight by the current price per gram of pure gold:

Intrinsic value of the Emami coin ≈ 8.133 × 0.9 × price per gram of 24-karat gold

The price per gram of pure gold is obtained by multiplying the global gold ounce price by the open-market dollar rate and dividing by 31.1035. The gap between the coin's market price and this figure is called the "coin bubble" and is usually reported as a percentage of the intrinsic value.

Why does the coin develop a bubble?

• Limited supply: Only the Central Bank mints the coin; when demand suddenly rises, supply does not increase at the same pace.
• Expectations and excitement: In periods when the market expects the dollar to jump, buyers are willing to pay more than the gold's value.
• Minting cost and liquidity: Part of the gap is natural; the coin is standardized and trusted, and sells more easily than melted gold.

The bubble can shrink, disappear or even turn negative. That is why buying coins when the bubble is high carries a double risk: gold and the dollar may fall, and the bubble may deflate.

What factors move the Emami coin price?

• Dollar rate: In the short term, the coin price is most sensitive to the open-market dollar.
• Global gold ounce: US interest rate decisions and inflation data released in the economic calendar affect the coin through the ounce price.
• Central Bank supply policies: Holding auctions, pre-sales or offering coins on the exchange usually affects the bubble.
• Domestic political and economic news: News about negotiations, sanctions and the budget can intensify safe-haven demand for coins.

Auctions and pre-sales: the Central Bank's tools for the coin market

At various times, the Central Bank has used two main tools to curb the bubble or meet demand. In a coin auction, a set number of coins is sold to the highest bids, and the price discovered in the auction often becomes the market reference in the following days. In a coin pre-sale, the buyer pays today and receives the coin on a set maturity date in the future; this method has usually been implemented to absorb savings demand and ease pressure on the spot market. The details of each round, from the purchase cap to registration conditions, are set by official announcements and are not fixed. News of these schemes can have an immediate effect on the coin bubble, even before any actual supply takes place.

Some Iranian investors also compare the coin's trend with other dollar-linked markets; for example, with the Tether price , which moves roughly in step with the open-market dollar in the crypto market. This comparison shows whether a change in the coin price came from the dollar or from a change in the bubble.

Bank-issued coins, minting year and the open market

Coins issued by the Central Bank come in sealed packaging (known as vacuum). In the market these are called "bank coins," and sellers usually accept them more readily, because the packaging shows the coin is intact and authentic. A coin that has been taken out of its packaging, or is scratched or bent, may be bought at a lower price.

The minting year also matters in the market. Coins minted this year and in previous years sometimes trade at a slight price difference; this difference is not about the gold value and mostly comes down to market custom and demand for newer coins. In addition, at every exchange office and gold shop there is a gap between the coin's buying and selling price, which is your trading cost.

The Emami coin on the commodity exchange

Besides buying physically, there are several coin-related financial instruments in Iran's capital market:

• Coin deposit certificates: Securities backed by coins held in the vault; they allow you to buy a fraction of a coin and sell quickly, and also allow physical delivery if desired.
• Gold funds: Funds that hold a large part of their assets in coin or bullion certificates, with units traded like shares.
• Coin futures contracts: Contracts to buy or sell coins in the future by paying a margin deposit. This instrument is leveraged and high-risk; it is not suitable for beginner investors.

The prices of these instruments usually move with the physical market, but they may temporarily diverge from it.

Tips on storing and verifying the authenticity of the Emami coin

• Don't break the seal: Keep the coin in its original bank packaging; this is the simplest way to preserve its resale value.
• Check the weight: An intact coin should weigh close to 8.133 grams. A noticeable difference is a sign of wear, tampering or counterfeiting.
• Buy from a reputable seller: Get an invoice stating the coin type and minting year, and avoid buying from unknown individuals, especially at below-market prices.
• Laboratory: If you have doubts about an unpackaged coin, testing at a reputable gold laboratory is the most reliable option.
• Storage location: For larger quantities, a bank safe deposit box is a better option than keeping them at home in terms of security.

The Emami coin alongside other coins

The Emami coin is the heaviest and usually the most liquid coin on the market, and its premium in percentage terms is often lower than that of smaller coins. For smaller amounts, there are the half coin, quarter coin and gram coin , and we have described the specifications of each on its own page. See the full price list in the gold and coin section .

The information on this page is for informational purposes only and is not a recommendation to buy or sell. Prices are obtained from the stated sources and may differ slightly from the rates at your local exchange office or gold shop.