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Sep 18, 2010· Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about $3.87 in gold content, assuming a gold price of $1200 oz.

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Jun 09, 2018· "The bar is NOT SOLID GOLD but the layer of gold on the outside is .999 pure 24k and 100 mills thick! I believe the core metal is copper but it is hard for me to be sure without cutting deep past the gold layer. The bar dimensions are 2" x 1.1" and it weighs one troy ounce. "

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Dec 22, 2012· A few reasons why this gold-plated bar was bid up like a real 1-oz .999 pure gold bar: 1.) The bidders do not know what "100 mills" means and they just ignored that part and saw 1-troy oz and thought that it was a real bar. They really did not know what they were bidding on. 2.)

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