Half Coin price today

The half coin price matters to anyone who wants to buy or give standard, liquid gold on a budget smaller than a full coin. The Bahar Azadi half coin weighs exactly half as much as a full coin, but its price is not always exactly half. On this page you can see the live half coin price in Toman along with a chart, and below we explain its specifications, how to calculate its intrinsic value and premium (bubble), why its price differs from the full coin, related exchange-traded instruments, and tips for keeping it.

Bahar Azadi half coin specifications

The half coin is minted by the Central Bank with the same purity as the full coin, and in the market "half coin" usually refers to the new-design half coin (bearing the image of Imam Khomeini):

So in terms of gold content, two half coins are exactly equal to one full Emami coin . This equal weight is a good starting point for understanding the half coin price. The old-design Bahar Azadi full coin has the same weight and purity too, but its market is priced separately.

How is the intrinsic value of a half coin calculated?

Intrinsic value means the value of the pure gold inside the coin, without accounting for minting, brand or market demand:

Half coin intrinsic value ≈ 4.0665 × 0.9 × price per gram of 24-karat gold

If you have the price of 18-karat gold , you can divide it by 0.75 to get the approximate price per gram of pure gold. Both of these prices ultimately derive from the global gold ounce price and the free-market dollar rate.

The difference between the half coin's market price and its intrinsic value is the half coin bubble (premium) . To compare the bubble across different coins, it is better to calculate it as a percentage: bubble divided by intrinsic value, times 100. The absolute bubble is smaller on smaller coins, but its percentage can be higher.

Why aren't two half coins worth the same as one full coin?

A common question is: if the gold in two half coins equals that of one full coin, why is the combined price of two half coins usually higher than one full coin? Several factors create this gap:

• Gift and occasion demand: The half coin is a popular gift for weddings, birthdays and Nowruz, and this non-investment demand keeps its price high.
• Relative minting cost: The cost of making and packaging a smaller coin is higher relative to the gold inside it.
• Affordability: Buyers who can't afford a full coin turn to the half coin, which increases competition for it.
• Central Bank supply: The share of each coin type in supply is not fixed, and a shortage of one piece can change its bubble independently of the others.

The practical result is that, for the same amount of money, buying half coins usually gets you less pure gold than a full coin. For a fair comparison, divide each coin's price by its pure gold weight to get the "price per gram of pure gold" for each option.

Comparing the half coin and full coin bubble, step by step

You don't need to guess whether the half coin is priced higher than the full coin. Using the live prices on this site, follow these steps:

1. Get the price per gram of 24-karat gold from its page.
2. Calculate the half coin's intrinsic value: 4.0665 × 0.9 × price per gram of pure gold.
3. Subtract the intrinsic value from the half coin's market price and divide the result by the intrinsic value to get the bubble percentage.
4. Repeat the same for the full coin, using a weight of 8.133 grams.
5. Put the two percentages side by side. The more the half coin's bubble percentage exceeds the full coin's, the more you pay per gram of pure gold in the half coin.

You can do this comparison for the gram coin as well. Tracking the bubble percentage over time gives a clearer picture of coin market sentiment than the price itself, because the price may have risen only due to the dollar while the bubble stayed the same.

Factors affecting the half coin price

• Dollar and ounce: As with all coins, the main component of the price comes from the value of gold. See major US economic events that affect the ounce in the economic calendar .
• Overall coin market bubble: When excitement in the coin market rises, the half coin's bubble usually grows along with the full coin's.
• Seasonal occasions: Around Nowruz and wedding season, demand for smaller coins as gifts increases.
• Supply policies: Official coin auctions or pre-sales can reduce the bubble.

The half coin, the physical market and financial instruments

The half coin is mostly traded in the physical market through gold shops and exchange offices, and the bank-issued coin comes in sealed packaging. Exchange-traded coin instruments, such as coin certificates of deposit and futures contracts, are mainly designed around the full coin. People who want to invest a small amount in gold but are concerned about physical storage sometimes turn to gold funds on the stock exchange, whose units can be bought in small amounts. Each of these instruments has its own fees, rules and risks, and their prices may deviate slightly from the physical price.

Tips for buying, storing and verifying a half coin

• Keep the bank packaging: A half coin with an intact seal sells more easily and at a better price.
• Check the weight: A genuine half coin should weigh about 4.066 grams. On small coins, even a difference of a few hundredths of a gram should be taken seriously.
• Ask about the buy-sell spread: Before buying, ask what price the seller would buy the same coin back from you today; this gap is the real cost of the trade.
• Get a valid invoice: The coin type (new or old design), quantity and unit price should be written on the invoice.
• Be suspicious of unusual prices: An offer far below the live price on this page may be a sign of a counterfeit or tampered coin.
• Safe place: Store coins separately, away from moisture and impact; for large quantities, a bank safe deposit box is safer.

Half coin alongside other coins

In size, the half coin sits between the full coin and the quarter coin and offers a balance between an accessible budget and the percentage premium. To see the prices of all coins and compare them side by side, visit the gold and coin prices 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 or exchange office.