BAKU, Azerbaijan, July 2. The new edition of Iran's Bahar Azadi gold coin went for a whopping 430 million rials (almost $1,094) on July 2, taking a dip from 431 million rials (approximately $1,098) on July 1, the Iran Jewellery Association's web portal said, Trend reports.
Meanwhile, the previous version of the coin was sold for a whopping 390 million rials (approximately $993), making it a real cash cow.
The other versions of the new Bahar Azadi gold coin (different in weight and content) include 1/4 Bahar Azadi gold coins and 1/2 Bahar Azadi gold coins.
A 1/2 gold coin was sold for 241 million rials (about $614), and a 1/4 gold coin was sold for about 160 million rials (about $407).
The price of one gram of 18-karat gold stood at nearly 35 million rials (about $89.2).
To note, the coins appeared in Iran following the Islamic Revolution's victory in 1979. The Central Bank of Iran issued the coins, making them available for wholesale and retail sales.
The bank minted the old gold coins between 1979 and 1991 before issuing new ones.
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