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It is also possible in most instances to trace the name of the maker. Although silver is valued by weight it is offered for sale usually by the piece, and the more an article is in demand the higher is the price per ounce. It should be remembered that silversmiths use Troy weight:
1 pound = 12 ounces
1 ounce = 20 pennyweights (dwts.)
1 dwt. = 24 grains
Pieces of old silver often have the weight engraved on the underside. The same weights are used for gold, and the quality of the metal is given in carats; which refer to the proportion of pure gold present out of a total of twenty-four parts. Thus, the expression 18-carat gold means that a piece is made from metal composed of eighteen parts of pure gold with six of alloy; 9-carat has nine parts of gold and fifteen of alloy, and so forth
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