Penny reign of that the florin and noble established a common gold currency in England. The earliest halfpenny and farthing (¼d.) found date to the reign of Henry III. The need for small change was also sometimes met by simply cutting a full penny into halves or quarters. In 1527, Henry VIII abolished the Tower pound of 5400 grains, replacing it with the Troy pound of 5760 grains and establishing a new pennyweight of although, confusingly, the penny coin by then weighed about 8 grains, and had never weighed as much as this 24 grains. The last silver pence for general
Troy weight "troni" refers to markets. Watson finds the dialect word "troi", meaning a balance in Wright's Dialect Dictionary. Troy weight referred to the tower system; the earliest reference to the modern troy weights is in 1414. Many aspects of the troy weight system were indirectly derived from the Roman monetary system. The Romans used bronze bars of varying weights as currency. An ("heavy bronze") weighed one pound. One twelfth of an was called an , or in English, an "ounce". Before the adoption of the metric system, many systems of troy weights were in use in various parts of Europe, among