Ounce or troy ounce
It is a measurement unit used to measure weight. An ounce is a troy ounce that equals 31.1035 grams.
Mint mark
Refers to a letter or symbol, which is stamped on a coin in order to recognise its minting facility.
Metric ton
It is a measurement tool, which translates to 1,000 kilograms or 32,151 troy ounces.
Bullion coin
It is a coin, which possesses a symbolic face value and trades at a price with respect to its intrinsic value.
Fiat money
Refers to paper money that was made a legal tender as per law, but is not backed by metals such as gold/silver.
Field
Refers to the open area or background present on a coin.
Fineness
It is the purity of a precious metal that is measured in 1,000 parts of an alloy. For example, gold bar with fineness of 0.995 means that it has 995 parts of gold and 5 parts of another metal.
Intrinsic value
It is the actual value of the metal content in a coin.
Kilo bar
Refers to a bar that weighs one kilogram or approximately 32.1507 troy ounces.
Tola
Refers to a measurement tool. One Tola equals 11.7 grams or 180 grains or 0.375 troy ounces.