Troy weight is a system of units of mass customarily used for precious metals and gemstones. There are 12 troy ounces per troy pound, rather than the 16 ounces per pound found in the more common avoirdupois system. The troy ounce is 480 grains, compared with the avoirdupois ounce, which is 437½ grains. Both systems use the same grain defined by the international yard and pound agreement of 1959 as exactly 0.06479891 gram. Although troy ounces are still used to weigh gold, silver, and gemstones, troy weight is no longer used in most other applications.
Troy weight probably takes its name from the French market town of Troyes in France where English merchants traded at least as early as the early 9th century. The name "troy" is first attested in 1390, describing the weight of a platter, in an account of the travels in Europe of the Earl of Derby.
Charles Moore Watson (1844–1916) proposes an alternate etymology: The Assize of Weights and Measures (also known as Tractatus de Ponderibus et Mensuris), one of the statutes of uncertain date from the reign of either Henry III or Edward I, thus before 1307, specifies "troni ponderacionem"—which the Public Record Commissioners translates as "troy weight". The word "troni" refers to markets. Watson finds the dialect word "troi", meaning a balance in Wright's Dialect Dictionary. Troy weight referred to the tower system, the earliest reference to the modern troy weights is in 1414.
Prior to the adoption of the metric system, many systems of troy weights were in use in various parts of Europe, among them Holland troy, Paris troy, etc. Their values varied from one another by up to several percentage points.
The only system of troy weights in widespread use today is the British Imperial, more commonly known as Imperial, and its American counterpart. Both the British Imperial and American troy weights are currently based on a grain of 0.06479891 gram (exact, by definition), with 480 grains to a troy ounce (compared with 437½ grains for an ounce avoirdupois). However, the British Empire abolished the 12-ounce troy pound in the 19th century, while it has been retained (although rarely used) in the American system.
In the USA, troy weights are part of the United States customary units.
Troy weights were first used in England in the 1400s, and were made official for gold and silver in 1527.
The origin of the troy weight system is unknown. Though the name probably comes from the Champagne fairs at Troyes, in northeastern France, the units themselves are probably of more northern origin. English troy weights were apparently derived from the nearly identical troy weight system of Bremen. (The Bremen troy ounce had a mass of 480.8 British Imperial grains.)
An alternate suggestion is that the weights come from the Muslim domains by way of the Gold Dirhem (47.966 British Imperial grains), in the manner that King Offa's weights were derived from the silver Dirhem (about 45.0 British grains).
According to Watson, troy is not linked to the town in France, but a dialect word troi (balance). Then troy weight is a style of weighing, like auncel or bismar weights, or other kindred methods. The troy Weight then refers to weighing as if of small precious or potent goods, such as bullion and medicines.
Units of measurement 
- Troy pound (troy)
The troy pound (troy) is 5,760 grains (≈ 373.24 g, 12 oz t), while an avoirdupois pound is ≈21.53% heavier at 7,000 grains (≈ 453.59 g).
- Troy ounce (oz t)
One troy ounce (oz t) is equal to 31.1034768 grams. Also equal to 1.09714286 avoirdupois ounces, exactly 192/175, or about 10% larger.
- Pennyweight (dwt)
The pennyweight symbol is dwt. There are 24 grains in 1 dwt, and 20 dwt in one troy ounce. Because there were 12 troy ounces in the old troy pound, there would have been 240 pennyweights to the pound—the basis of the fact that the old British pound (currency) contained 240 pence. (However, prior to 1526, English pound sterling was based on the tower pound, which is 15⁄16 of a troy pound.) The d in dwt stands for denarius, the ancient Roman coin, referred to in the New Testament, that equates loosely to a penny. The symbol d for penny can be recognized in the old-style notation for British pennies, in which a quantity of money expressed in pounds, shillings, and pence was indicated using the symbols £, s, and d, respectively. For example, £6.11s.8d indicated six pounds, eleven shillings, and eight pence.
- Troy grain
- Mint Weights
Mint weights, also known as moneyers' weights were legalised by Act of Parliament dated 17 July 1649 entitled An Act touching the monies and coins of England. A grain is 20 mites, a mite is 24 droits, a droit is 20 perits, a perit is 24 blanks.
Scottish system 
In Scotland, the Incorporation of Goldsmiths of the City of Edinburgh used a system in multiples of sixteen. (See Assay-Master's Accounts, 1681–1702, on loan from the Incorporation to the National Archives of Scotland.) Thus, there were 16 drops to the troy ounce, 16 ounces to the troy pound, and 16 pounds to the troy stone. The Scots had several other ways of measuring precious metals and gems, but this was the common usage for gold and silver.
The Pound was 7716 BI grains, but after the union, rounded to 7680 BI grains. This divides to 16 ounces, each of 16 drops, each of 30 grains. The rounding makes the ounce and grain equal to the English standard.
Dutch system 
The Dutch troy system is based on a Mark, of 8 Ounces, the ounce of 20 Engels (pennyweight), the Engel of 32 As. The mark was rated as 3798 Grains, English troy, or 246.084 metric grams. The divisions are identical to the tower system.
|Troy pound (12 troy ounces)||5,760||373.241 721 6|
|Troy ounce (20 pennyweights)||480||31.103 476 8|
|Pennyweight||24||1.555 173 84|
|Grain||1||0.064 798 91|
|Avoirdupois||1||175⁄144||35⁄27||28⁄27||35⁄36||16||14 7⁄12||15 5⁄9||7000||9955 5⁄9||454||10⁄22|
|Troy||144⁄175||1||16⁄15||64⁄75||4⁄5||13 29⁄175||12||12 4⁄5||5760||8192||373||3⁄8|
|Tower||27⁄35||15⁄16||1||4⁄5||3⁄4||12 12⁄35||11 1⁄4||12||5400||7680||350||7⁄20|
|Merchant||27⁄28||75⁄64||5⁄4||1||15⁄16||15 3⁄7||14 1⁄16||15||6750||9600||437||7⁄16|
The troy system was used in the apothecaries' system, but with different further subdivisions.
Relationship to British coinage 
King Offa's currency reform replaced the sceat with the silver penny. This coin was derived from half of a silver dirhem. The weights were then derived by a count of coins, by a mix of Charlemagne and Roman systems. A shilling was set to twelve pence, an ounce to twenty pence, and a pound to twelve ounces or twenty shillings. The penny was quite a lot of money, so weight by coins was not a general practice.
Later kings debased the coin, both in weight and fineness. The original pound divided was the tower pound of 5400 grains, but a later pound of 5760 grains displaced it. Where once 240 pence made a tower pound (and 256 make a troy pound), by the time of the United Kingdom Weights and Measures Act of 1824, a troy pound gives 792 silver pence, still minted as such as Maundy Money.
See also 
- Baynes, Thomas Spencer (1888). The Encyclopaedia Britannica 2 (9th ed.). H.G. Allen. p. 533.
- NIST General Tables of Units of Measurement. United States government.
- "troy, n.2". Oxford English Dictionary. Oxford, England: Oxford University Press. June 2012. "The received opinion is that it took its name from a weight used at the fair of Troyes in France"
- Partridge, Eric (1958). "Trojan". Origins: A Short Etymological Dictionary of Modern English. London: Routledge and Kegan Paul. p. 3566. OCLC 250202885. "…the great fairs established for all Europe the weight-standard Troyes, whence…Troy…"
- Smith, L. Toulmin (1894). Expeditions to Prussia and the Holy Land Made by Henry Earl of Derby (afterwards King Henry IV.) in the Years 1390-1 and 1392-3. London: Camden Society. Retrieved 14 August 2012.
- Watson, Charles Moore (1910). British weights and measures as described in the laws of England from Anglo-Saxon times. London: John Murray. p. 82. OCLC 4566577.
- Wright, Joseph (1898). The English dialect dictionary 6. Oxford: English Dialect Society. p. 250. OCLC 63381077.
- Patrick Kelly, LL.D. - The Universal Cambist and Commercial Instructor, Vol. 1 p. 20 (1811)
- Hallock, William; Wade, Herbert Treadwell (1906). Outlines of the evolution of weights and measures and the metric system. London: The Macmillan company. p. 34. Retrieved 14 August 2012.
- Zupko, Ronald Edward (1977). British Weights and Measures: A History from Antiquity to the Seventeenth Century. University of Wisconsin Press. pp. 28–9. ISBN 978-0-299-07340-4.
- Philological Society (Great Britain) (1891). A new English dictionary on historical principles: founded mainly on the materials collected by the Philological Society. Clarendon Press. p. 675. Retrieved 21 April 2012.
- Kelly, Patric (1835). Universal Cambist. London.