Mark (unit) Mark (unit) The Mark (from Middle High German: Marc, march, brand) is originally a medieval weight or mass unit, which supplanted the pound weight as a precious metals and coinage weight from the 11th century. The Mark is traditionally a half pound weight and was usually divided into 8 ounces or 16 Lot. The significance of the "Cologne Mark" (Kölner Mark) in the German-speaking areas corresponded to about 234 gram. Like the German systems, the French poids de marc weight system considered one "Marc" equal to half-a-pound (8 ounces). Like the pound of 12 troy ounces (373 g), the mark
Trade during the Viking Age so there was no danger of them being rearranged or switched during the course of an exchange. Estimated exchange rates at the beginning of the 11th century in Iceland were: If the weight of a piece of jewelry was more than needed to complete a purchase, it was cut up into smaller bits until the correct weight needed for the transaction was reached. The term hack silver is used to describe these silver objects. Silver ingots were primarily used for large/high-value transactions. The largest found weights weigh more than 1 kilogram each. Precious metals were also used to display personal