Bullion > Gold Bullion & Coins > 10 oz Gold Bar
10 oz Gold Bar
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Reverse
Name: 10 oz Gold Bar
Weight: 10.001 troy oz.
Fineness: .9999 / 24 karats
Dimensions: 60 x 35mm
Thickness: 9mm
Gold Content: 10 troy oz.
10 oz Gold Bar
The precious metals market is home to a wide range of quality 10oz gold bar products, each with their own unique features and characteristics. The differences between 10oz gold bars produced by various manufacturers lie primarily in their design, packaging, and security features. For instance, PAMP Suisse's 10oz gold bars often feature their Lady Fortuna design, while the Royal Canadian Mint is known for its maple leaf motif. In terms of packaging, some mints offer tamper-evident assay cards or serialized certificates of authenticity to guarantee the gold bar's weight, purity, and origin.
Typical product features of a 10oz gold bar include:
Purity: A standard 10oz gold bar contains ten troy ounces (approximately 311 grams) of gold and is minted with a purity of 99.99% (also known as 24-karat gold). This level of purity is considered bullion-grade and is sought after by collectors worldwide.
Design: Each manufacturer has its own unique design elements that set its gold bars apart. These designs may include a logo, weight, purity, and serial number, as well as artistic patterns that enhance the bar's visual appeal.
Dimensions: The dimensions of a 10oz gold bar may vary slightly between manufacturers, but they generally measure around 60-70mm in length, 30-40mm in width, and 5-10mm in thickness. These compact dimensions make the bars easy to store and transport.
Security Features: To protect collectors from counterfeiting and ensure the authenticity of their products, many manufacturers incorporate advanced security features into their gold bars. These features may include serial numbers, intricate design elements, tamper-evident packaging, or even advanced anti-counterfeit technology.
Assay Certificate: An assay certificate is often provided with a 10oz gold bar, which guarantees the weight and purity of the gold content. This certificate may be included as a separate document or integrated into the bar's packaging.
How Big is a 10 oz Gold Bar?
A 10 oz gold bar is substantial yet surprisingly compact, measuring approximately 60mm in length and 35mm in width, close to the size of a credit card. At a thickness of 9mm, about as thick as a stack of five nickels, it comfortably fits in the palm of your hand, giving it a reassuring heft. With precisely 10 troy ounces of pure gold content (.9999 fineness or 24 karats), this bar offers considerable value in a relatively small and convenient form, making it ideal for secure storage and easy handling.
What is the Difference Between an Ounce and a Troy Ounce?
An ounce and a troy ounce are two distinct units of measurement. A standard ounce, also called an "avoirdupois ounce," weighs about 28.35 grams and is commonly used in everyday measurements such as postal items. A troy ounce is specifically used to measure precious metals like gold, silver, and platinum, and is heavier, equaling 31.1035 grams. This means one troy ounce weighs roughly 10% more than a standard ounce.