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Barbados 1/5 oz Gold Trident

Barbados 1/5 oz Gold Trident


Barbados 1/5 oz Gold Trident Melt Value

This gold coin contains 0.200 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one Barbados 1/5 oz Gold Trident is $530.65 based on today's gold spot price.

Coin Melt Value Lowest Retail Price Highest Retail Price Buy/Sell Spread Premium
$530.65 $0.00 $0.00 $-530.65 -100.00%

The Barbados 1/5 oz Gold Trident is a relatively modern bullion coin, first introduced in recent years. Issued by the Central Bank of Barbados, this coin has quickly gained popularity among collectors and investors for its elegant design and limited mintage.

Design and Specifications

  • Obverse (front): Features the Barbados coat of arms, which includes a shield supported by a dolphin and a pelican. Above the shield is a helmet with a hand holding two crossed sugar canes. The inscription 'BARBADOS' appears at the top, along with the face value and the year of issue.
  • Reverse (back): Showcases a trident, a symbol strongly associated with Barbados due to its depiction on the national flag. The background often includes a stylized wave pattern, enhancing the maritime theme.
  • Weight: 1/5 troy ounces (6.22 grams)
  • Gold Content: 0.2 troy ounces of pure gold
  • Fineness: 99.99% gold (0.9999 fineness)

Mint Marks and Varieties

The Barbados 1/5 oz Gold Trident does not have mint marks indicating its place of origin, as it is primarily struck by private mints on behalf of the Central Bank of Barbados. However, its value can still vary based on certain factors:

  • Year of Issue: Early issues tend to be more valuable due to their limited availability and lower initial mintage numbers.
  • Mintage Numbers: Coins from years with lower overall mintage numbers can be more sought after by collectors.

Collectible Varieties

  • Standard Issue: Most Barbados 1/5 oz Gold Tridents are standard bullion coins, typically commanding a premium over their gold content due to their design and collectibility.
  • Yearly Design Changes: While the core design elements remain consistent, some years may feature slight design variations or enhancements, which can add to their collectible appeal.

Common Dates vs. Rare Dates

The value of Barbados 1/5 oz Gold Tridents can fluctuate based on their year of issue and mintage numbers. Recent years with higher mintages are generally more common and might be closer in value to their gold content. Older issues or those from years with lower mintages can command higher premiums.

Rare Dates and Varieties

Coins from the initial years of issuance are often considered more valuable due to their limited availability. For instance, the first year of issue often becomes a key date for collectors seeking to complete a set.

Additionally, any coins with low mintage numbers or unique design elements for specific years can be particularly desirable.

Various Grades and Values

The value of Barbados 1/5 oz Gold Tridents largely depends on their condition (grade), year of issue, and mintage numbers. Here are general estimates for common-date coins:

  • Good (G): Close to the melt value, typically around the current gold price per 1/5 oz
  • Fine (F): Slightly above the melt value, with a small premium for condition
  • Extremely Fine (XF): Moderate premium above gold content, reflecting better preservation
  • About Uncirculated (AU): Higher premium due to near-perfect condition
  • Brilliant Uncirculated (BU/MS): Highest premiums, especially for coins with flawless surfaces

Rare dates and coins from low-mintage years can command significantly higher premiums, especially in higher grades.

The Barbados 1/5 oz Gold Trident is a beautiful and valuable coin that appeals to both collectors and investors. Coins from early years or those with low mintage numbers are particularly sought after and can command high premiums. While common-date coins are more affordable and may be closer in value to their gold content, high-grade examples and rare dates can see significant value appreciation.



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Specifications

Weight .20 oz
Country United States
Type Gold Coin
Mint Scottsdale Mint
Purity .9999 fineness