1 oz Bar 24 kt. .999 fine gold Bar 100 mil pure
(millionth) or mills. So 100 mills is 1/1000 of a troy ounce. So gold as of last week is $1380. So a 100 mill gold bar is worth $1380/1000 or about $1.38. So 5x that or a 500 mill bar is about $6.90 in gold value. I bid up to $9.00 on a 500 mill and lost, by a long shot. After reading these forum statement, I realize the misconception.