Coinage is based upon an Imperial Silver Standard. Coins are of a standard weight of one Imperial ounce (one-tenth of an Imperial Pound), except for the copper halfpenny, which weighs half an ounce. Weight is usually reckoned in Imperial ounces.
The Imperial Silver Standard is as follows:
The term "pound" for a gold coin refers to a pound of silver: the weight of its value in silver.
The most precious metal is mithril, which is too rare to have a fixed value. Otherwise, the above values of precious metals are constant all over the World. Coins are of approximately the same weight, but some have been known to be debased with lesser metals. The origin of a coin does not affect its acceptability, and even uncoined precious metals can readily be traded at the above values.
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