A piece of alloy metal containing a precious metal may also have the weight of its precious component referred to as its "fine weight". For example, 1 troy ounce of 18 karat gold (which is 75% gold) may be said to have a fine weight of 0.75 troy ounces.
Most modern government-issued bullion coins specify their fine weight. For example, the American Gold Eagle is embossed One Oz. Fine Gold and weighs 1.091 troy oz.