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<p>[QUOTE="imrich, post: 12858247, member: 22331"]Are precious metals weighed differently?</p><p><br /></p><p><br /></p><p>"For example, a seller could claim that a precious metal weighs 100 ounces, but you would be losing around 10% of its value because it actually only weighs 90 troy ounces. It may seem like an unnecessarily complicated system, but there are good reasons that <b>precious metals have their own unit of measure</b>."</p><p><br /></p><p><br /></p><p>You may have heard a coin’s weight being given in “troy ounces” or “avoirdupois ounces” and wondered, “what’s the difference?!”</p><p><br /></p><p><b>Word History</b></p><p>Avoirdupois</p><p>(pronounced avwa-du-pwah)</p><p>This word comes from the Old French “aveir de peis,” or “goods of weight.” For most any item other than precious metals, if someone lists a weight in ounces, it’s assumed that this is the measurement they mean. The most commonly held explanation for the origin of troy ounces comes not from ancient Greece, but instead from the city of Troyes, France sometime around the middle ages.</p><p><br /></p><p>Turns out, there IS something in a name. Troy ounces are generally used when weighing precious metals (like in America’s popular <a href="http://www.littletoncoin.com/shop/ProductDisplay?top_category5=&top_category4=&top_category3=&urlRequestType=Base&categoryId=10125&catalogId=29555&top_category2=&productId=295031&errorViewName=ProductDisplayErrorView&urlLangId=-1&langId=-1&top_category=&parent_category_rn=10122&storeId=10001" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.littletoncoin.com/shop/ProductDisplay?top_category5=&top_category4=&top_category3=&urlRequestType=Base&categoryId=10125&catalogId=29555&top_category2=&productId=295031&errorViewName=ProductDisplayErrorView&urlLangId=-1&langId=-1&top_category=&parent_category_rn=10122&storeId=10001" rel="nofollow">Silver Eagle</a> series). Things like groceries or every day items are weighed in avoirdupois ounces. For example, anytime you step on a scale you’re being weighed based on the avoirdupois system. We’ve used avoirdupois ounces as our every day weight system for so long, COMMON THOUGHT is often that it's unnecessary to specify which type of ounce we’re measuring in.</p><p><br /></p><p>IF A PRECIOUS METAL' SALES WEIGHT IS NOT STATED IN TROY OUNCES, YOU MAY BE RECEIVING LESS THAN THE NORMAL P.M. STANDARD.</p><p><br /></p><p>Yes, coins are sold legally under 2 different weight systems!</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 12858247, member: 22331"]Are precious metals weighed differently? "For example, a seller could claim that a precious metal weighs 100 ounces, but you would be losing around 10% of its value because it actually only weighs 90 troy ounces. It may seem like an unnecessarily complicated system, but there are good reasons that [B]precious metals have their own unit of measure[/B]." You may have heard a coin’s weight being given in “troy ounces” or “avoirdupois ounces” and wondered, “what’s the difference?!” [B]Word History[/B] Avoirdupois (pronounced avwa-du-pwah) This word comes from the Old French “aveir de peis,” or “goods of weight.” For most any item other than precious metals, if someone lists a weight in ounces, it’s assumed that this is the measurement they mean. The most commonly held explanation for the origin of troy ounces comes not from ancient Greece, but instead from the city of Troyes, France sometime around the middle ages. Turns out, there IS something in a name. Troy ounces are generally used when weighing precious metals (like in America’s popular [URL='http://www.littletoncoin.com/shop/ProductDisplay?top_category5=&top_category4=&top_category3=&urlRequestType=Base&categoryId=10125&catalogId=29555&top_category2=&productId=295031&errorViewName=ProductDisplayErrorView&urlLangId=-1&langId=-1&top_category=&parent_category_rn=10122&storeId=10001']Silver Eagle[/URL] series). Things like groceries or every day items are weighed in avoirdupois ounces. For example, anytime you step on a scale you’re being weighed based on the avoirdupois system. We’ve used avoirdupois ounces as our every day weight system for so long, COMMON THOUGHT is often that it's unnecessary to specify which type of ounce we’re measuring in. IF A PRECIOUS METAL' SALES WEIGHT IS NOT STATED IN TROY OUNCES, YOU MAY BE RECEIVING LESS THAN THE NORMAL P.M. STANDARD. Yes, coins are sold legally under 2 different weight systems! JMHO[/QUOTE]
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