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What is my millie worth?

What is my millie worth?


Milyem is a unit of measurement that expresses the quantity of gold within the alloy as a thousandth.

To be able to calculate this worth, the pure gold mass within the materials fabricated from gold is divided by the entire mass and multiplied by 1,000.

Nonetheless, 1 gram of HAS (24 carat pure gold) is 995 mil, not 1000 mil. 14 carat gold is 585 mil, 18 carat gold is 750 mil.

MILLIONS VALUE FOR PHYSICAL GOLD

The bodily gold collected by contracted jewelers and valuable steel consultants, who present valuable steel valuation and assortment companies on behalf of banks, to file credit in gold deposits, personal present and participation accounts of financial institution clients, is valued at a minimal of milliem values.

The milliyem values ​​decided on the premise of carat and product for the bodily gold collected by the banks are as follows:

Adjustment

Product

Milyem

24K

Mint Merchandise

0.995

24K

Merchandise of Refineries Listed by BİAŞ

0.995

24K

Merchandise of Refineries Not Included in BİAŞ Listing

0.992

22 Gauge

Mint Manufacturing Trinket

0.912

22 Gauge

22K Bracelet

0.910

22 Gauge

Miscellaneous Scrap Gold

0.907

21 Gauge

Miscellaneous Scrap Gold

0.855

18K

Miscellaneous Scrap Gold

0.725

14 Gauge

Miscellaneous Scrap Gold

0.555

8 Settings

Miscellaneous Scrap Gold

0.2975

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