Tuesday, April 15, 2014

What is a Troy Ounce?



Troy Ounce | JRGInc.com
A Troy ounce is a part of the Troy weight system. This system dates back to the ancient Romans and has a rich history when it comes to precious metals! 1 troy ounce is approximately 1.09714 avoirdupois ounces, which is the weight system we use in the United States, with the exception of precious metals. Dating back to the 14th century (before the advent of the Metric system) the Troy system has become synonymous with the weight of a precious metal. While many have attributed the name Troy to the French city of Troyes, they may just be spreading a story thought up in the 18th century.

If you see a gold or silver coin minted any time after the early 1800’s, the weight will be designated in Troy ounces. In 1828, the United States Congress passed a law where the official weight designation for coinage would be in Troy. Some interesting facts about Troy are:

  • A Troy pound is 12 Troy ounces, not 16 like the avoirdupois system.
  • A Troy Ounce is 480 grains as opposed to the 437½ in avoirdupois.
  • A Troy ounce is 10% larger than its avoirdupois counterpart.
  • Troy systems vary between the United States, Scotland and the Netherlands.

Understanding this different measurement system is important to better calculate the amount of metal you need for a project. By doing the correct calculations, you can avoid over ordering expensive precious metals!

For ordering avoid and the best prices on precious metals, make sure to contact JRG Inc!

Tuesday, April 1, 2014

Find a Partner in the Best Precious Metal Refinery Service

Precious Metal Refinery Service | JRGInc.com
You have an idea for a piece of jewelry that is going to take the world by storm. You have a design, maybe even a prototype; but you don’t know what the next step is. You may have some raw material or you may be using a dummy material instead of the one you wish to use. So where do you go next? By finding a quality precious metal refinery service such as JRG, you can get the materials you need at prices that are competitive in the marketplace.

Since commodity prices don’t wildly fluctuate among refinery services, there has to be something else that will get you to commit to a provider. JRG believes in excellent customer services as well as expert consulting. With something as important as your business, you don’t want to the provider of your raw materials to be absent when you need to talk to them. JRG is always there to give you sound advice when you need it and to provide you with the quality materials that will make your business a success.

JRG has a rich history of working with businesses of all sizes. Whether you are an offshore manufacturer with hundreds of employees or an upstart with a dream, JRG can help your business grow. JRG is more than a precious metal refinery service; we are a partner in your prosperity.