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Gold Bars Collection: 10 tola bar

Tola bar (7 kb)

  
The tola is an Indian unit of weight. The most popular weight is the 10 tola cast bar, equivalent to 3.75 oz or 116.64 g. More than 2 million are manufactured annually. Tola bars, most of which are imported from Europe, are widely traded in the Middle East, India, Pakistan and Singapore.

10 tola bars are distinctive in two ways. They have smooth rounded edges and are an ideal size for smuggling, if necessary inside the smuggler’s body. They have no serial numbers. Round minted tola bars are often incorporated into jewellery, especially in Pakistan where ‘marriage necklaces’ can weigh 500 g or more. The Exhibition displays tola bars issued by a variety of manufacturers.

The bar shown here is by: Degussa, Singapore.


Source of gold bar information and photographs: "The Industry Catalogue of Gold Bars Worldwide" (344 pages, 950 illustrations). Sponsor: World Gold Council. Published in 1998 by Grendon International Research Pty Ltd. Price: USD 275.
E-mail:
grendon@global.net.au

The World Gold Council is a non-profit association of gold producers world-wide, with headquarters in Geneva and offices in major markets around the world.