It seems like you’re referring to a product labeled as “10 gram 100 mills,” which is commonly associated with gold or silver bullion bars or rounds. Here’s what you need to know:
“100 Mills” Explained:
1. Not Solid Gold/Silver:
– “100 mills” means the item has a thin layer (typically 0.1 microns or less) of gold or silver electroplated over a base metal (like copper or brass).
– It does not contain 10 grams of pure gold/silver. The total weight includes the base metal core.
2. Misleading Marketing:
– Some sellers may list these as “collectibles” without clearly stating they are plated, leading buyers to believe they’re purchasing solid precious metals.
– These items have little to no bullion value..jpg)
3. Actual Value:
– A genuine 10-gram gold bar (999 purity) would be worth hundreds of dollars (depending on spot price).
– A “100 mills” plated bar is worth only a few dollars as a novelty item.
How to Verify Authenticity:
- Check for hallmarks like “.999 fine” or “10g Au” (for gold) or “.999 Ag” (for silver).
- Use a magnet (real gold/silver is non-magnetic).
- Purchase from reputable dealers (e.g., APMEX, JM Bullion) instead of generic online marketplaces.
If you already bought this thinking it was solid gold/silver, you may have been misled. Always research before investing in precious metals!
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