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
Taxation of precious metals same "intra-community transaction" rules to all of Europe on a bilateral basis resulting in legally tax-free silver coin availability throughout all of Europe. Precious metals are subject to tax as collectibles, with any profit being taxed at the collectibles capital gains rate. This is normally the standard income tax rate, with metal held over 1 year is subject to a maximum of 28%. Note that many people unfamiliar with the collectibles tax rates (including some well-known websites) incorrectly think that precious metals are taxed at a flat 28% (because they interpret the word "maximum" in "maximum 28% rate"). Taxation of