Pennyweight Troy weights were defined in such a way that the old Tower pound came out to exactly 5400 Troy grains (also known as barleycorns), the Tower pennyweight Troy grains (and thus approximately 1.46 grams). After 1527, the English pennyweight was the Troy pennyweight. of 24 Troy grains. Thus the Troy pound, ounce, and pennyweight, with their definitions given in terms of the Troy grain instead of in terms of the Tower grain, were 1/15 or 6.667% more than the Tower equivalents. The Troy pound and the pennyweight lost their official status in the United Kingdom in the Weights and Measures
Troy weight was based on the tower pound, which is of a troy pound.) The "d" in "dwt" stands for "denarius", the ancient Roman coin that equates loosely to a penny. The symbol "d" for penny can be recognized in the notation for British pre-decimal pennies, in which pounds, shillings, and pence were indicated using the symbols "£", "s", and "d", respectively. For example, "£6 11s 8d" indicated six pounds, eleven shillings, and eight pence. Mint weights, also known as "moneyers' weights" were legalised by Act of Parliament dated 17 July 1649 entitled "An Act touching the monies and coins of England".