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How many ounces in one troy pound of silver?

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There are 12 troy ounces per troy pound, (373.24 g) rather than the 16 ounces per pound (453.59 g) found in the more common avoirdupois system. The troy ounce is 480 grains, compared with the avoirdupois ounce, which is 437 1⁄2 grains.
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