Examining the question for some aspects of gold and meat: 1. A solid block of one Avoirdupois pound of each substance would not be the same size in area or volume. 2. They would be the same weight if both were weighed in Avoirdupois ounces or pounds. However gold is customarily weighed in Troy ounces/pounds which are slightly heavier than the equivalent Avoirdupois weight. 3. Marx in "Capital" would argue that one pound of gold could equal one pound of meat if the market accepts them as having similar value.
The guinea was generally valued at 21 Shillings or 1 Pound, 1 Shilling. Today, the equivalent would be 1 Pound, 5 Pence. 50 Guineas would equal 52.5 Pounds. Since the Guinea was a gold coin, it would be worth considerably more than face value today, and 50 Guinea coins would contain approximately 12.5 troy ounces of gold. Please visit the link below.
One user said:While on the face of it a pound of feathers would seem to weigh the same as a pound of gold, this overlooks the fact that gold is universally weighed using a different definition of 'pound' than that used for most other materials.Precious metals such as gold are measured in troy weight. A troy pound is 12 troy ounces, and each troy ounce is 480 grains, making a total of 5760 grains to the pound of gold.Most materials use pounds and ounces from the avoirdupois system, and such a standard pound is made up of 16 ounces, where each ounce is 437.5 grains, making a total of 7000 grains to the pound of feathers.All this means that a "pound" of feathers (or bricks, or lead) is heavier than a "pound" of gold.
You mean how much is five pounds of gold worth? If they are Troy Pounds, then each pound is 12 Troy ounces, so you can check the financial section of the newspaper for the spot price of gold and multiply it by 60. That would be in the neighborhood of $48,000 right now.
Precisely 1.0001 pound or 16 ounces.Well,1 pound. Anything that is a pound if it's a pound of feathers or gold, it still only weighs a pound
With gold selling in 2012 at $1700 an ounce or more, a trillion dollars worth would be equal to or less than 29,781 short tons (US). A short ton is 2000 pounds (avoirdupois). A troy pound of gold is 12 troy ounces, and is equal to about 0.823 pounds. At $1700 an ounce (troy), gold would be $20,400 a troy pound, or $16,789 a pound (avoirdupois). A ton would therefore be $33,578,000.
There will be more feathers but the weight will be the same :10 pounds of feathers 10 pounds of gold 10 pounds of each <><><> In MOST cases, would agree with the above, but GOLD is different. Gold, Platinum, and all precious metals are measured in TROY ounces and TROY pounds, where feathers are measured in ordinary (avoirdupois) pounds. A TROY pound has 12 ounces instead of 16, and is not as heavy as a standard pound. This is the rare case of a pound NOT being a pound.
Examining the question for some aspects of gold and meat: 1. A solid block of one Avoirdupois pound of each substance would not be the same size in area or volume. 2. They would be the same weight if both were weighed in Avoirdupois ounces or pounds. However gold is customarily weighed in Troy ounces/pounds which are slightly heavier than the equivalent Avoirdupois weight. 3. Marx in "Capital" would argue that one pound of gold could equal one pound of meat if the market accepts them as having similar value.
A ton of paper is heavier than a pound of gold. A ton is equivalent to 2,000 pounds, so a ton of paper is much heavier than a pound of gold.
As of March 8, 2023, the price of gold is $1,862.70 per ounce. A pound of gold is equal to 12 troy ounces, so 750,000 pounds of gold would be worth $22,952,400,000. However, it is important to note that the price of gold fluctuates constantly, so the actual value of 750,000 pounds of gold could be more or less than this amount at any given time.
A 1889 gold 5 pound coin is worth 5 pounds of gold, while a 1889 2 pound gold coin is only worth 2 pounds of gold.
The value of 100 pounds of gold would depend on the current market price of gold per ounce. As of June 2021, the price of gold is around $1,800 per ounce. Therefore, 100 pounds of gold would be worth approximately $2.88 million.
The nails and feathers are tied for heaviest, and the gold is lighter than either of the others. The reason for that is the fact that gold is weighed in a different kind of pounds. The 'troy' pound has only 82% the weight of the 'avoirdupois' pound used to measure almost everything else. If they were all measured in the same kind of pounds, then they would all have the same weight.
Gold and precious metals are sold in TROY ounces- a bit different from everyday oz. There are 14.83 troy oz to a standard pound- or 1483 troy oz to 100 standard pounds. The US price for gold this morning is $1124.93 per oz. At today's prices (and they DO change hour by hour) 100 standard pounds of pure gold would be worth $1,668,271.19
There are 16 ounces in 1 pound, so 32 ounces is equal to 2 pounds.
The value of 125 pounds of gold would depend on the current market price of gold per troy ounce. As of the current market price, 1 troy ounce of gold is approximately $1,800. Therefore, 125 pounds of gold would be worth around $270,000.
Gold is priced by Troy ounces.A Troy pound is equal to 12 troy ounces, but a 'regular pound' is equal to 14.58 Troy ounces.1 Troy ounce = 1.0971 ounces