The pennyweight was the weight of a silver penny in medieval England.
It is no coincidence that there were 240 pennies to the English pound.
240 silver pennies were equivalent to a pound of silver.
The word sterling applies both to the English pound and to the standard
purity of silver.
1 pennyweight = 24 grains (dwt) (1 old time French penny)
1.55 grams=1 pennyweight (dwt)
20 dwt=1 troy ounce
240 pennyweights = 1 pound troy
24 grains=1 dwt
1 pennyweight =.05 troy ounce
1 gram=.643 pennyweight
It is no coincidence that there were 240 pennies to the English pound.
240 silver pennies were equivalent to a pound of silver.
The word sterling applies both to the English pound and to the standard
purity of silver.
1 pennyweight = 24 grains (dwt) (1 old time French penny)
1.55 grams=1 pennyweight (dwt)
20 dwt=1 troy ounce
240 pennyweights = 1 pound troy
24 grains=1 dwt
1 pennyweight =.05 troy ounce
1 gram=.643 pennyweight
