BAKU, Azerbaijan, April 20
By Elnur Baghishov - Trend
A new edition (has been minted since 1991) of Bahar Azadi gold coin was sold for 62.7 million rials (about $1,490) in Iran on April 19, Trend reports citing Mehr news agency.
The price of gold coins is falling in the Iranian gold market; however, the price of this coin in the Iranian market was 64 million rials (about $1,520) on April 18.
Meanwhile, the previous edition of one Bahar Azadi gold coin was sold for 59.5 million rials (about $1,410) on April 19.
There is also ¼, ½ and other versions of the Bahar Azadi gold coin. Half gold coin is worth 31 million rials (about $738), while a quarter of the gold coin was sold for 18.7 million rials (about $445).
After the victory of the Islamic Revolution in Iran in 1979, the Central Bank of Iran issued a gold coin called "Bahar Azadi" and put it up for wholesale and retail sale.
Gold coins in old form were minted from 1979 to 1991; afterwards, the gold coins began to be minted in a new form.