Apothecaries' system between actual and nominal weight. In the 19th century, most European countries or cities still had at least a "commercial" or "civil" system (such as the English avoirdupois system) for general trading, and a second system (such as the troy system) for precious metals such as gold and silver. The system for precious metals was usually divided in a different way from the commercial system, often using special units such as the carat. More significantly, it was often based on different weight standards. The apothecaries' system often used the same ounces as the precious metals system, although even then the
Precious metal the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold. Gold and silver, and sometimes other precious metals, are often seen as hedges against both inflation and economic downturn. Silver coins have become popular with collectors due to their relative affordability, and, unlike most gold and platinum issues which are valued based upon the markets, silver issues are more often valued as collectibles,