Pound (mass) a legal unit for trade (it was abolished in the United Kingdom on 6 January 1879 by the Weights and Measures Act of 1878), but the troy ounce, of a troy pound, is still used for measurements of gems such as opals, and precious metals such as silver, platinum and particularly gold. The system called Tower weight was the more general name for King Offa's pound. This dates to 757 AD and was based on the silver penny. This in turn was struck over Arabic dirhams (2d). The pound was based on the weight of 120 Arabic silver dirhams, which
Texas Precious Metals of Ark Fund Capital Management and the CEO of Kaspar Companies. Kaspar graduated Summa Cum Laude with a degree in Finance and Accounting from Texas A&M University. Texas Precious Metals Texas Precious Metals, based in Shiner, Texas, is one of the largest precious metals dealers in the United States. The company reported annual revenues of $180.1 million in 2013 and $153.2 million in 2014. The company is recognized as a market maker for United States Mint products and is an official distributor for the Perth Mint of Australia. Texas Precious Metals also produces it own line of precious metals products