Coin and Paper Money Collecting/ounces

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Expert: - 9/5/2009


Question
I have a silver coin that is more than an ounce but stated on the rim ONE TROY OUNCE. How much is a troy ounce?  

Answer
Hello Gabe,                     

You scale may be a bit off. There is not much weight difference between the Troy System and Metric
In answer to your question One Troy ounce equals about 31.53 grams, and there are 12 ounces in one pound.  This is often used with precious metal measurement.

An USA ounce equals about 28.34952 grams with 16 ounces to the pound.

I hope this helps.

Good Luck,

PapaJack

Coin and Paper Money Collecting

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PAPAJACK

Expertise

Knowledge of United States Coins from 1793 to date. Able to answer most common numismatic questions. Collected U.S. Coins from half cent to 50 dollar gold coins.

Experience

QUALITY CONTROL
United States Coin COLLECTOR/DEALER OVER 20 YEARS, U.S. COINS Worked trade shows,
EXPERT Consulting since 1990, Knowledge of all methods of fabrication used in the industry.
Hobbies:US notes, clocks, cars, computers, coins, leisure activity and crafts to name a few.

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