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When's an Ounce Not an Ounce? When It's a Gold Coin!
by richardsuzan
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Jun 04, 2010 | 4280 views | 0 0 comments | 30 30 recommendations | email to a friend | print | permalink

One of the biggest confusions in the world of gold coin buying occurs when the novice gold bullion owner, decides to pop his treasure onto a little weighing know the type of balance you have in your kitchen- for measuring out how much of an ingredient to put into the cooking.Then, the head scratching begins. Finally, a look of shock and awe appears over his face as he discovers that his purchase doesn't weigh an ounce!Now- the subject which has caused endless confusion among gold bullion coin buyers over the years: "How do you weigh Gold and am I getting what I paid for?"You see, historically gold is weighed in Troy ounces.Named after Troyes in France. The system dates back to the middle Ages and is still in use in the Gold bullion coin market today.

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