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
Five Grains Five Grains The Five Grains or Cereals (Chinese: , , "Wǔ Gǔ") are a grouping (or set of groupings) of five farmed crops that were all important in ancient China. Sometimes the crops themselves were regarded as sacred; other times, their cultivation was regarded as a sacred boon from a mythological or supernatural source. More generally, "wǔgǔ" can be employed in Chinese as a synecdoche referring to "all" grains or staple crops of which the end produce is of a granular nature. The identity of the five grains has varied over time, with different authors identifying different grains or even