|Metal Content:||0.05 troy oz|
|Manufacturer:||Gold Standard Corporation|
Own a piece of fractional gold history!
Pure Gold Rounds from The Gold Standard Corporation .900 Fine Gold Rounds. The obverses depicts Nicholas L. Deak. Reverse will have the "G.05" marking". These are secondary market rounds that may possess contact marks on otherwise proof-like finishes.
One of the best kept industry secrets is that Gold Standard Corporation innovated decimalized troy ounce coinage. As the gold price rose in 1979, smaller denominations of coinage were needed.
GSC was producing 1/2, 1/4, 1 /10 and 1/20th ounce gold coins two years before any government production of the same denominations. This created a great deal of interest in gold by small investors. The Gold Standard decimalized troy ounce concept was so successful that many other countries adopted this concept.