pennyweight

Troy ounce fraction

A pennyweight is a unit of mass used in weighing precious metals and gemstones, equal to 24 grains or one-twentieth of a troy ounce—about 1.55 grams.

The term survives from medieval English currency, when a penny weighed this amount.

Jewelers and gold dealers still quote prices per pennyweight: Gold scrap at $45 per pennyweight.

troy

troy

Precious metals weight standard

  • grainCereal plant's harvest unit
  • ounceOne-sixteenth of a pound
  • carat200 milligrams exactly

dram · scruple · apothecary · assay · fineness · hallmark · sterling · bullion · ingot · precious metals

measurement

scale

Measure of relative size

mass · grain · ounce · carat · metric · imperial · avoirdupois · tare · assay · weighing

numismatics

coinage

Invented term or currency

numismatist · bullion · coin · sovereign · guinea · crown · ducat · rarities · auctions · valuation

jewelry

goldsmith

Precious metal artisan

carat · ring · necklace · bracelet · pendant · brooch · earring · filigree · bezel · clasp

Opposites
measurement system

pennyweightgram

Metric mass unit

milligram · kilogram · metric unit · SI unit · centigram

scale of measurement

pennyweightton

Heavy mass unit

hundredweight · metric ton · long ton · troy pound · stone

Family

weight, penny

Familiarity
Top 1,000,000
Profile
Used worldwide · Timeless · Rated G