How many mills in 1 troy oz?

Answer 1

• The keyword 'mills' is in the title the vast majority of the time. This term is not applicable to bullion. Bullion by its definition is solid.
• Mills is a measurement of the thickness of the silver/gold plate. It is true that the silver plate is 99.999% silver which is why these sellers are able to get away with their fraud. How ever they neglect to tell you that the silver plate represents 00.009% of the weight of the bar.
• They are minted by CMC Mint. This is usually on the reverse of the bar. Some times you see this sometimes not. The majority of the ones I have come across have been minted by CMC Mint. If you want you can buy these directly from the mint for $5 bucks a piece. Just do a quick Google search
• If you are still not 100% sure your bar is authentic, you can lightly sand a corner of the bar. The silver coat will quickly sand off and you will see copper under its silver/gold face.

Answer 2

There are 480 grains in 1 troy ounce. Since there are 20 grains in 1 scruple and 3 scruples in 1 dram, there are 60 grains in 1 dram. A traditional mill was considered equal to 1 grain, so there are 60 mills in 1 dram.