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)
Pennyweight the alternative drams and grains measurement has been used since a new set of scales was purchased by the Egton Bridge Old Gooseberry Society in 1937. As of 2018, the world record for the heaviest gooseberry of 41 dwt 11 gr was held by Kelvin Archer of Cheshire. The most common abbreviation for pennyweight is "dwt"; "d", for the Roman "denarius", was the abbreviation for "penny" before Decimalization of the British monetary system. Alternate abbreviations are "pwt" and "PW". Although the abbreviations are the same, the pennyweight bears no relation to the weight of the American penny nail. That name