A specific unit of gold coinage is defined by its mass, specifically 10 troy ounces, and its physical dimensions. This refers to coins that contain precisely 10 troy ounces (approximately 311 grams) of gold, adhering to defined measurements for diameter and thickness. For instance, a particular bullion coin may be produced to this specification, ensuring a standard weight and dimension.
This weight designation holds significance for both investors and collectors, representing a substantial store of value in a single unit. Its size offers a balance between portability and significant gold content, making it a practical option for portfolio diversification and tangible asset holding. Historically, gold coinage has served as a hedge against economic uncertainty, with larger denominations providing easier storage and transfer for substantial wealth.