Call us:+44-20-369-50335, Monday-Friday 8am-5pm
Enquiry details 
W
Phone
W
Thank you for your request.

We will call you in a few minutes.

CurrencyDollar
LanguageEnglish
Ship ToAndorra
LBMA Associate
Menu
Charts
Search
HomeGlossaryIntrinsic Value

Intrinsic Value

In numismatics, Intrinsic Value or 'melt value' is the term used when referring to the value of a coin. For example, a 1oz gold coin would take its intrinsic value from the amount of precious metal it contains based on current spot price. If the price per ounce of gold is £1,000 and the coin contains exactly one troy ounce of fine gold, then its intrinsic value is £1,000 regardless of its face value. When a coin's intrinsic value is greater than its face value it's likely to be taken out of circulation.