Apothecaries' system measure precious metals and stones. (The troy pound was already declared illegal for most other uses by the Weights and Measures Act of 1878.) In the US, the metric system replaced the apothecaries' system in the United States Pharmacopoeia of 1971. Apothecaries' system The apothecaries' system or apothecaries' weights and measures is a historical system of mass and volume units that were used by physicians and apothecaries for medical recipes, and also sometimes by scientists. The English version of the system is closely related to the English troy system of weights, the pound and grain being exactly the same in
Precious metal "precious" metal can also be determined by high demand or market value. Precious metals in bulk form are known as bullion and are traded on commodity markets. Bullion metals may be cast into ingots or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money. The level of purity varies from issue to issue. "Three nines" (99.9%) purity is common. The purest mass-produced bullion coins are in the Canadian Gold Maple Leaf series, which go up to 99.999% purity. A 100% pure bullion is