Gram Coin price today

The gram coin price reflects the smallest unit of Iran's coin market: a coin of roughly one gram that is mostly bought as a gift, a Nowruz present, a birthday gift, or to start saving with very small amounts. On this page you can see the live gram coin price in Toman along with a chart. Below, we explain what exactly a gram coin is, how it compares with larger coins, why its percentage premium is usually high, how it differs from unofficial gold pieces, and what to watch for when buying and storing it.

What is a gram coin?

A gram coin, as the name suggests, is a lightweight gold coin weighing about one gram. It is usually sold in a sealed plastic or card package with its weight and fineness printed on it. Because it weighs so little, the packaging serves both as protection and as an ID card; a gram coin outside its packaging is much harder to value with confidence.

Besides the official gram coin, the market also has small coin-shaped gold pieces made by workshops and private manufacturers. The weight and fineness of these pieces are not necessarily the same as the official gram coin, and their prices are set separately. The price on this page is for the gram coin, not for any one-gram piece of gold.

The gram coin in the family of Iranian gold coins

To better see where the gram coin stands, put it next to the Bahar Azadi coins:

Always read the exact weight and fineness of a gram coin from its packaging and invoice; these two numbers are the basis for calculating its gold value.

The gold value of the gram coin and its premium

Like other coins, the intrinsic value of a gram coin is derived from its weight and fineness:

Intrinsic value ≈ stated weight × (fineness ÷ 1000) × price per gram of 24-karat gold

For example, for a coin with a fineness of 900, the fineness factor is 0.9. The price per gram of pure gold depends on the global gold ounce and the open-market dollar rate. The difference between the market price and this figure is the gram coin's premium.

Among coins, the gram coin usually has the highest percentage premium. Minting, packaging and distributing one gram of gold takes roughly the same work as for heavier pieces, so these costs make up a larger share of the final price. Gift demand widens this gap further. So with a gram coin, you usually pay more per gram of pure gold than with larger coins.

Who is the gram coin for?

• Gifts: The gram coin is a common alternative to cash gifts for birthdays, exam successes, baby showers and small occasions; its packaging also looks like a gift.
• Getting started with gold savings: For teenagers or people who are new to the gold market, it is a low-cost way to start.
• Less suited to serious investment: Because of the higher percentage premium and wider buy-sell spread, people with larger amounts to save usually go for larger coins, 18-karat gold with low making charges, or gold exchange-traded funds.

Factors affecting the gram coin price

• The dollar and the ounce: As with any other gold, the base price comes from the value of the gold. Follow the economic events that affect the ounce in the economic calendar .
• Seasonal demand: Around Nowruz and gift-heavy days, demand for small coins rises and their premium may grow.
• Market supply and stock: The gram coin is less of a focus of official supply policies than the full coin, and shop inventories have a noticeable effect on its price.
• Overall coin market sentiment: A rise or fall in the full coin's premium usually spills over to smaller coins too.

Tips for buying and selling gram coins

• Official or unofficial? When buying, ask whether the coin is official or a piece made by a private manufacturer, and have this written on the invoice; the resale prices of the two can differ significantly.
• Ask about the buyback price: With a gram coin, the gap between the buy and sell price is large relative to the coin's value. Before buying, ask how much the seller would pay to buy the same coin back today.
• Compare the price per gram: Divide the gram coin's price by its pure gold weight and compare it with the price per gram of pure gold in other coins to see its real cost.
• When selling: Some gold shops buy gram coins only at their gold value; get several offers and compare them with the live price on this page.

Buying gram coins online

Because of its low weight and card packaging, the gram coin is one of the best-selling items in online gold shops and is often sent directly to the recipient as a gift. Buying online is convenient, but there are a few points to keep in mind:

• Check the price against the market: An online shop's price may also include gift packaging and shipping costs; compare it with the live price on this page to see the difference.
• Full specifications: The weight, fineness, whether the coin is official or unofficial, and the type of packaging should be stated on the product page and invoice.
• Shipping and insurance: Ask whether the shipment is insured and who is responsible if the package arrives damaged or incomplete.
• Buyback terms: Some shops let you sell the coin back to them; read their buyback rate and deductions before buying.
• Seller identity: Check the shop's address, license and track record, and avoid paying into an unknown personal account.

Storage and authenticity of the gram coin

Do not open the packaging of a gram coin; a coin that has been taken out of its seal may no longer be accepted as a coin and may only be priced as raw gold. Keep the package away from heat, moisture and bending, because damage to the card or plastic also calls its authenticity into question. Avoid buying gram coins from private listings priced below the market, and if you have doubts about a piece's authenticity, take it to a reputable gold lab. See the prices of all coins and gold side by side 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 gold shop.