The 1 oz Engelhard Prospector Gold Round is a bullion piece that is highly sought after by collectors and investors due to the brand’s legacy and the fact that Engelhard ceased bullion production in the late 1980s.
Key characteristics of the round include:
- Weight: 1 troy ounce
- Purity: .9999 fine gold
- Design: The obverse depicts a prospector panning for gold, and the reverse features the Engelhard logo, along with the weight and purity.
- Packaging: These rounds are often found in a sealed protective assay or carded packaging, which adds to their collectible value and helps ensure their condition.
- Value: The value of a 1 oz Engelhard Prospector Gold Round is primarily determined by the spot price of gold, plus a premium. The premium can fluctuate based on factors such as the round’s condition, its year of mintage, and its rarity. Rounds that are still in their original, sealed assay cards often command a higher premium.
