Dollar silver. The US Mint continues to make silver $1-denomination coins, but these are not intended for general circulation. The quantity of silver chosen in 1792 to correspond to one dollar, namely, 371.25 grains of pure silver, is very close to the geometric mean of one troy pound and one pennyweight. In what follows, "dollar" will be used as a unit of mass. A troy pound being 5760 grains and a pennyweight being 240 times smaller, or 24 grains, the geometric mean is, to the nearest hundredth, 371.81 grains. This means that the ratio of a pound to a dollar (15.52)
English units of a grain seed from the middle of an ear of barley. There also was a smaller "wheat grain", said to be (barley) grains or about 48.6 milligrams. The avoirdupois pound contained 7,000 grains and was used for all products not subject to Apothecaries's or Tower weight. Additions: The Troy and Tower pounds and their subdivisions were used for coins and precious metals. The Tower pound, which was based upon an earlier Anglo-Saxon pound, was replaced by the Troy pound when a proclamation dated 1526 required the Troy pound to be used for mint purposes instead of the Tower pound.