Dollar gold to silver ratio be exactly 15.5. Then a pennyweight of gold, that is 24 grains of gold, is nearly equal in value to a dollar of silver (1 dwt of gold = $1.002 of silver). Second, a dollar of gold is nearly equal in value to a pound of silver ($1 of gold = 5754 3/8 grains of silver = 0.999 Lb of silver). Third, the number of grains in a dollar (371.25) roughly equals the number of grams in a troy pound (373.24). The actual process of defining the US silver dollar had nothing to do with any
United States customary units grain and ounce (apothecaries' has scruple and dram, troy has pennyweight, and avoirdupois has just dram, sometimes spelled "drachm"). The dram in avoirdupois weighs just under half of the dram in apothecaries'. The fluid dram unit of volume is based on the weight of 1 dram of water in the apothecaries' system. To alleviate confusion, it is typical when publishing non-avoirdupois weights to mention the name of the system along with the unit. Precious metals, for example, are often weighed in "troy ounces", because just "ounce" would be more likely to be assumed to mean an avoirdupois ounce. For the