Question 1

What is pennyweight in silver?

Accepted Answer

1 pennyweight (dwt) = 1.5552 grams = 0.05 troy oz. 20 pennyweights = 1 troy ounce. Standard unit in the US jewelry trade.

Question 2

How do I convert pennyweight to grams?

Accepted Answer

Multiply pennyweight by 1.5552 to get grams. Example: 10 dwt × 1.5552 = 15.552 grams.

Question 3

Why do jewelers use pennyweight?

Accepted Answer

Pennyweight is the traditional precious metals unit in the US jewelry trade. Many appraisers still quote prices in dwt.

Pennyweight (DWT) Silver Calculator