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Topic: Troy ounces


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In the News (Sun 8 Nov 09)

  
  The Avalon Project : Plan for Establishing Uniformity in the Coinage, Weights, and Measures of the United States
So that the pound troy contains 5760 grains, of which 7000 are requisite to make the pound avoirdupois; of course the weight of the pound troy is to that of the pound avoirdupois as 5760 to 7000, or as 144 to 175.
On the other hand, they have been used to weigh their money and medicine with the pennyweights and grains troy weight, and are not in the habit of using the pounds and ounces of that series.
It would be for their convenience, then, to suppress the pound and ounce troy, and the drachm and quarter avoirdupois; and to form into one series the avoirdupois pound and ounce, and the troy pennyweight and grain.
www.yale.edu /lawweb/avalon/jeffplan.htm   (4840 words)

  
  Troy Ounce Weight Measure Units-Gold Calculator Software
Troy weight was so named from Troyes in France where it was first adopted in Europe.
One Troy ounce is about 10% heavier than the common Avoirdupois ounce.
There are 12 troy ounces in every troy pound.
www.goldcalculator.com /index_files/page0033.htm   (607 words)

  
  Ounce Information
The ounce is the name for a number of different units of mass (oz), and also of two units of fluid volume (fl oz) and of one unit of force, the ounce-force (ozf).
The avoirdupois ounce is approximately 28.35 gram (or 437.50 grains).
In troy weight, there are 12 ounces in a troy pound, and a troy pound is 5760 grains (about 373.24 g), rather than the 7000 grains (about 453.59 g) in the avoirdupois pound.
www.bookrags.com /wiki/Ounce   (477 words)

  
  Spartanburg SC | GoUpstate.com | Spartanburg Herald-Journal   (Site not responding. Last check: 2007-11-05)
The ounce (abbreviation: oz) is the name of a unit of mass in a number of different systems, including various systems of mass that formed part of English units, Imperial units, and United States customary units.
The ounce is commonly used as a unit of mass in the United States.
Today, the troy ounce is used only to express the mass of precious metals such as gold, platinum or silver.
www.goupstate.com /apps/pbcs.dll/section?category=NEWS&template=wiki&text=ounce   (504 words)

  
 Blue Nile - Glossary
Troy weight uses grains, pennyweights, ounces and pounds.
The Troy ounce and pound are not the same as the US ounce and pound.
There are 480 grains to a Troy ounce, and 12 Troy ounces to a Troy pound.
www.bluenile.com /glossary.asp?word=troyweight   (53 words)

  
 MeasureThat.com -- Weight -- Ounce
The ounce (abbreviation: oz) is the name of a unit of mass in a number of different systems, including various systems of mass that formed part of English units, Imperial units, and United States customary units.
The ounce is commonly used as a unit of mass in the United States.
Today, the troy ounce is used only to express the mass of precious metals such as gold, platinum or silver.
www.measurethat.com /weight/ounce.html   (588 words)

  
 Precision Weighing Balances - Portable Scales Balances
The portable scales are economically priced in the range of $60 to $300 for the vast majority of scales classified as portable toploaders.
Applications include portion control for food, weighing ingredients for soapmaking or verifying pinewood derby cars check in under the 5 ounce weight limit.
Weighing modes include grams, ounces, grains, troy ounces, pennyweight, carats, and pounds.
portable-toploaders.balances.com   (753 words)

  
 Avoirdupois and Troy Weight Systems Tables
The unit weight is the pound and is equivalent to 16 ounces.
weight is a system of measurement for precious metals, precious stones etc. where a pound is equivalent to 12 ounces.
The name, "Troy," is derived from Troyes, France, the city where the system was first used.
www.ccsilver.com /articles/weighttable1.html   (69 words)

  
 Pound - Atkinspedia
There are 16 ounces in a pound (avoirdupois), an ounce being equal to exactly 28.349523125 grams.
The troy pound is a unit of mass equalling exactly 0.3732417216 kilogram (or 373.2417216 grams).
There are 12 troy ounces in a troy pound, a troy ounce being equal to exactly 31.1034768 grams.
www.atkinsalltheway.com /wiki/index.php/Pound   (1735 words)

  
 pound avoirdupois
The troy weights were based on those at the Goldsmiths’ Company in London, which the jury compared with the troy standards at the Mint.
Unfortunately, the jurors for this second series made two fundamental mistakes: they thought that the avoirdupois pound consisted of 15 troy ounces and that the troy pennyweight was the weight of a penny.
The Goldsmiths’ troy standards were again taken as the basis for troy weight, but the avoirdupois pound was based on a 56-pound weight from the time of Edward III, found in the Exchequer.
www.sizes.com /units/pound_avoirdupois.htm   (1540 words)

  
 GOLD | American Museum of Natural History
To determine the value of your weight in gold you must convert avoirdupois pounds to troy ounces and then multiply by the price of gold per ounce.
Gold and silver are measured in troy ounces.
The more familiar ounce (28.3 grams) is part of the avoirdupois system in which each pound consists of 16 ounces.
www.amnh.org /exhibitions/gold/eureka   (178 words)

  
 Golden Cycle Gold Corporation
In 2004, 331,299 troy ounces of gold were sold at an average price of $409.52 per ounce producing total metal sale revenues of approximately $135.7 million.
Cash production costs for 2004 were approximately $256 per troy ounce compared to $199 per troy ounce during 2003 and a budget of $225 per troy ounce.
The main reason for the higher cost per ounce in 2004, compared to the budgeted cost per ounce, was the reduced number of ounces produced (94% of budget) and increased variable costs such as diesel fuel.
www.goldencycle.com /operationsccv.html   (1619 words)

  
 American Goldfields Inc. - AMERICA... A World Class Gold Producer
Deposits in the Mother Lode and Grass Valley districts in California and the Comstock Lode in Nevada were discovered during the 1860's, and the Cripple Creek deposits in Colorado began to produce gold in 1892.
When the price of gold was raised from $20.67 to $35 an ounce in 1934, production increased rapidly and again exceeded the 4-million-ounce level in 1937.
Total world production of gold is estimated to be about 3.4 billion troy ounces, of which more than two-thirds was mined in the past 50 years.
www.americangoldfields.com /page.php?id=1   (727 words)

  
 What is a Troy Ounce?
Gold, silver, platinum and other precious metals are traditionally weighed and traded in troy ounces.
Nowadays metric units are also used, but troy measure continues to be used extensively, and there are no signs that it will be replaced by the metric system in the near future.
There are 1000/31.1035 = 32.15072 troy ounces in a kilogramme.
www.taxfreegold.co.uk /troyounce.html   (99 words)

  
 Pocket Scales, Pocket Scale, Mini Scales, Digital Mini Scales, Mini Scale
Weighs in grams, ounces, troy ounces and pennyweight.
Weighs in grams, ounces, pennyweight and troy ounces.Thousands of uses, from weighing jewelry to manufacturing to weighing mail for postage to portion control for weight management.
Weighs in carats, troy ounces, grains and grams.
www.amazingscales.com /pocket_scales.asp   (709 words)

  
 History
The drama of Troy began with the prospecting forays of six prospectors into the region.
Whether "Troy" referred to the famous Middle Eastern city of ancient legend, rediscovered by Heinrich Schliemann in the 1880s, or to the weight measurement standard used for precious metals-- Troy ounces-- is unknown.
But the “Rush to Troy” was never large, perhaps 70 to 100 persons being the maximum that ever lived in the district during its heyday.
www.fs.fed.us /r4/htnf/historyandarcheology/TroyCanyon/history.htm   (608 words)

  
 Conversion Chart
• Pennyweight to troy ounces multiply by.05 (or divide by 20)
Troy Weight - gold and silver are measured in Troy weight, a system that includes pennyweights, ounces and pounds.
ounces and pounds do not equal the Avordupois or customary U.S. system that other common goods are measured in.
www.kamakazi.com /auzum/convert.html   (206 words)

  
 Golden Cycle Gold Corporation :: Golden Cycle Gold Corporation Operations Update   (Site not responding. Last check: 2007-11-05)
The Joint Venture is on track to produce approximately 285,000 troy ounces of gold during 2006.
As of November 30, 2006, the inventory of recoverable gold within the VLF is estimated to be 552,916 troy ounces.
The inventory of gold ounces within the leach facility is a major asset which is almost equal in value to the total of CCandV's mine finance loan of $353.6 million as of December 31, 2005.
sev.prnewswire.com /mining-metals/20070103/LAW10803012007-1.html   (1233 words)

  
 Gold   (Site not responding. Last check: 2007-11-05)
One troy ounce is equivalent to 20 troy pennyweights.
The results are reported as troy ounces of gold or silver or both per short avoirdupois ton of ore or as grams per metric ton of ore.
Total world production of gold is estimated to be about 3.4 billion troy ounces, of which more than two-thirds was mined in the past 50 years.
pubs.usgs.gov /gip/prospect1/goldgip.html   (2937 words)

  
 CRA Silver Report
However, as shown, only about 541 million troy ounces of these total stocks, is potentially available to flow into the market at less than or equal to $10 per troy ounce silver.
A majority of coins and medallions are held either for their numismatic/collectible value or held as small holdings in families; leaving only a smaller portion (231 million troy ounces) as more price responsive and available to the market.
However, it is worth observing that the level of investor stocks of silver bullion (524 million troy ounces) is such that it is likely to last for significantly less years than is commonly believed, assuming the recent (1990, 1991, 1992) trend of consumption-exceeding-mine-supply-plus-scrap continues.
www.sharelynx.com /papers/CRAAGReport.php   (1223 words)

  
 [No title]
C.D. 5,000 troy ounces (6% more or less) of bar silver (in bars weighing within the limits specified in Rule 112.01) assaying not less than 999 fineness and bearing one or more of the brands or markings listed upon the official list of the Exchange, at the price of.........
The samplers and assayers shall, in each case, be guided by their own judgment in selection of the lot or lots and the bar or bars to be sampled and assayed.
Silver futures contracts shall be traded in one-half cent per ounce ($.005) multiples, with respect to outright transactions, except as provided in Rule 104.02(c)(1), and one-tenth cent per ounce ($.001) multiples, with respect to straddles (also known as switches or spreads) executed by trading the differential, as described in Rule 104.38.
www.nymex.com /rule_main.aspx?pg=18   (4829 words)

  
 Weights Used for Precious Metals, Gemstones, Coins
The troy system used the supposed weight of the barley grain, whereas the wheat grain was also used as a standard of weight.
The avoirdupois pound was originally 7200 grains divided into 15 ounces each of 480 grains, but it was changed in to 7000 grains divided into 16 ounces each of 437.5 grains.
Apothecaries weights in which an ounce was 480 grains as for troy measure, but with 8 drams or drachms per ounce, therefore a drachm was 60 grains.
www.24carat.co.uk /weights.html   (1567 words)

  
 Gold Bullion Coin Collectors' Site
Gold, platinum, and silver content is always listed as troy ounces (also known as apothecary ounces), not the common U.S. avoirdupois ounces.
A troy ounce is 31.10348 grams, versus an avoirdupois ounce which is 28.34952 grams.
Gold prices and content are all listed based on troy ounces, so you never have to convert (except sometimes grams to troy ounces).
rscott.org /bullion/content.htm?spot=400   (239 words)

  
 Troy Ounce
One troy ounce is equal to 31.1034768 grams.
The troy ounce is the only measure of the troy weighting system that is still used in modern times.
When the price of gold is said to be US$653/ounce, the ounce being referred to is a troy ounce, not a standard ounce.
www.investopedia.com /terms/t/troyounce.asp   (328 words)

  
 The American Eagles Program of the United States Mint
The one ounce coin, $50 face value, is 1.287 inches in diameter, contains one gold troy ounce and weighs 1.0909 troy ounces.
The one-half ounce coin, $25 face value, is 1.063 inches in diameter, contains 0.5000 gold troy ounces and weighs 0.5455 troy ounces.
The one-quarter once coin, $10 face value, is 0.866 inches in diameter, contains 0.2500 gold troy ounces and weighs 0.2727 troy ounces.
www.usmint.gov /mint_programs/american_eagles/index.cfm?action=American_Eagle_Gold_Proof   (297 words)

  
 Nevada's Mineral Production in 1997
Nevada produced 8.261 million troy ounces of gold in 1999, which is about 75% of all gold produced in the United States and about 10% of all gold produced in the world.
Placer Dome U.S. Inc. was Nevada's third largest gold producer with 1.545 million ounces produced in 1999: 1.329 million ounces from its Cortez operation (Pipeline Mine) in Lander County, 111,000 ounces from its Getchell Mine in Humboldt County, and 105,000 ounces from its Bald Mountain Mine in White Pine County.
BHP Copper's Robinson Mine in White Pine County produced 61.8 million pounds of copper along with 26,000 ounces of gold and 153,000 ounces of silver in 1999.
www.nbmg.unr.edu /dox/nl/nl37.htm   (705 words)

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