Sale of 1812 pieces of Bahar Azadi quarter coins in commodity exchange

According to the Iran Economist report from Central Bank, the supply of 450,000 quarters of Bahar Azadi gold coins has started on Tuesday 4th of Bahman 1401 for 10 working days through the Iran Commodity Exchange.

The supply of Bahar Azadi gold quarter coin in the commodity exchange at this stage is in the form of a continuous deposit certificate and the process of discovering the new price in the relevant supply is also in the form of registering a book order with different prices.

According to the conditions of the supply of quarter gold coins in the commodity exchange, all natural persons over 18 years of age with a national code can buy at least one piece and a maximum of five pieces of Bahar Azadi gold quarter coins.

Buyers can go to Refah Bank’s treasury five working days after buying coins in the commodity exchange and by presenting documents related to the exchange, they can physically receive the equivalent of the purchased coins.

The central bank also emphasized in a letter to the Iran Commodity Exchange Company that the amount of 9% value added tax has been calculated in the discovered price of the certificate of deposit transactions of the gold coin of Rabah Bahar Azadi treasury of Refah Bank; Therefore, no other amount will be charged as value added tax fee from the applicants.

The supply of quarter gold coins in the commodity exchange is carried out by the Central Bank in cooperation with the Iran Commodity Exchange in order to eliminate the coin bubble and adjust unrealistic inflationary expectations.

On the second day of the second phase of the wide release of Bahar Azadi quarter coins in the commodity exchange, 17,397 pieces of Bahar Azadi quarter coins were purchased by applicants for a price of 7,730,000 Tomans.