Mark (unit) Mark (unit) The Mark (from Middle High German: Marc, march, brand) is originally a medieval weight or mass unit, which supplanted the pound weight as a precious metals and coinage weight from the 11th century. The Mark is traditionally a half pound weight and was usually divided into 8 ounces or 16 Lot. The significance of the "Cologne Mark" (Kölner Mark) in the German-speaking areas corresponded to about 234 gram. Like the German systems, the French poids de marc weight system considered one "Marc" equal to half-a-pound (8 ounces). Like the pound of 12 troy ounces (373 g), the mark
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,