Troy weight troy relates to a dialect word troi (balance). Then troy weight is a style of weighing, like auncel or bismar weights, or other kindred methods. The troy weight then refers to weighing of small precious or potent goods, such as bullion and medicines. Troy ounces are still often used in precious metal markets in countries that otherwise use International System of Units (SI), except in East Asia. The People's Bank of China, in particular, which has never historically used troy measurements, has begun issuing Gold Pandas minted according to SI weights. The troy pound is 5 760 grains (≈ 373.24
Economic reforms under Peter the Great small copper coins. The silver coins were quite large and were often cut into several parts, each part having its own turnover. As part of the monetary reform in the year 1704, a new, simple decimal system was introduced. Instead of the weight, each coin was valued by its decimal number. Eventually, Europe also started using this system, but it was much later. Minting of coins became the unconditional monopoly of the state. There were also gold coins, but they were mostly used for ceremonial purposes, as a reward to the soldiers. The ban on export of precious metals was