When a new gold coin owner decides to place his prize on a small weighing scale—you know, the kind you have in your kitchen—to determine how much of an ingredient to add to the cooking, it can cause one of the largest misunderstandings in the world of gold coin buying.

The head scratching starts at that point. His face finally takes on a shocked and amazed expression as he realizes that his purchase doesn't even weigh an ounce! coin news today

The topic that has over the years continually baffled buyers of gold bullion coins is "How do you weigh Gold and am I getting what I paid for?"

You see, gold has traditionally been measured in Troy ounces.

named for the French city of Troyes. The technique, which has its roots in the Middle Ages, is still in use today in the market for gold bullion coins.

Although one-ounce gold coins, the sort that the majority of individual bullion buyers acquire, are weighed in Troy ounces, gold is also offered by the gram and the kilogram.

named for the French city of Troyes. The technique, which has its roots in the Middle Ages, is still in use today in the market for gold bullion coins.

Although one-ounce gold coins, the sort that the majority of individual bullion buyers acquire, are weighed in Troy ounces, gold is also offered by the gram and the kilogram.named for the French city of Troyes. The technique, which has its roots in the Middle Ages, is still in use today in the market for gold bullion coins.

Although one-ounce gold coins, the sort that the majority of individual bullion buyers acquire, are weighed in Troy ounces, gold is also offered by the gram and the kilogram.named for the French city of Troyes. The technique, which has its roots in the Middle Ages, is still in use today in the market for gold bullion coins.

Although one-ounce gold coins, the sort that the majority of individual bullion buyers acquire, are weighed in Troy ounces, gold is also offered by the gram and the kilogram.

Drum roll please. I've got some happy news for you.

One of those instances where the metric system is useful for clearing up confusion is in this situation:

1 troy ounce is 31.1 grams in weight.

Typically, one ounce weighs 28.34 grams.

In other terms, a Troy ounce weighs around 10% more than a "regular" ounce.

You do, in fact, have a little bit more gold than you could have anticipated (isn't it lovely when things go your way?).

Don't be afraid of the enigmatic Troy ounce, then, when you buy your lovely gold bullion coins.

Put them on a kitchen balance scale when you get home, and you'll be surprised to realize that you're getting more gold than you probably thought!

Drum roll please. I've got some happy news for you.

One of those instances where the metric system is useful for clearing up confusion is in this situation:

1 troy ounce is 31.1 grams in weight.

Typically, one ounce weighs 28.34 grams.

In other terms, a Troy ounce weighs around 10% more than a "regular" ounce.

You do, in fact, have a little bit more gold than you could have anticipated (isn't it lovely when things go your way?).

Don't be afraid of the enigmatic Troy ounce, then, when you buy your lovely gold bullion coins.

Put them on a kitchen balance scale when you get home, and you'll be surprised to realize that you're getting more gold than you probably thought!

Drum roll please. I've got some happy news for you.

One of those instances where the metric system is useful for clearing up confusion is in this situation:

1 troy ounce is 31.1 grams in weight.

Typically, one ounce weighs 28.34 grams.

In other terms, a Troy ounce weighs around 10% more than a "regular" ounce.

You do, in fact, have a little bit more gold than you could have anticipated (isn't it lovely when things go your way?).

Don't be afraid of the enigmatic Troy ounce, then, when you buy your lovely gold bullion coins.

Put them on a kitchen balance scale when you get home, and you'll be surprised to realize that you're getting more gold than you probably thought!

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