1 US pound (lb.) = 14.5833333 troy ounces
Spot price of 1 troy ounce of 24 karat gold on 10-05-2010 is currently US dollars $1340.00 per troy ounce.
Multiply that times 14.5833333 equals: $19,541.67 dollars per US pound(rounded off to the nearest cent ).
Also note:
The 18-carat, 50 kilogram sculpture of Kate Moss, titled "Siren,"
is 75 percent "pure" gold:
50 kilograms = 110.231131 US pounds 18 karat gold alloy statue(total weight of copper plus gold )
18 karat gold is 75 percent pure gold, so:
37.5 kilograms = 82.6733483 US pounds (pure 24 karat GOLD)
The 18-carat sculpture, titled "Siren," is worth $1,615,575.01 melted down for the gold content, alone.
A pound of gold is worth more than half a pound of gold.
a lot
One pound in 1932 was worth approximately one pound in 1932.
i think about 10000 per pound
how much was one pound worth in 1938
As I type this the value of 1 pound of gold is $18,040.00
It is worth $8,121.02.
A pound of gold is worth more than half a pound of gold.
About $2.00
One pound of gold is 12 Troy Ounces. How much 1 pound of gold is worth is another question and depends on the current Spot Market price of gold per Troy Ounce.
Because back then in Africa salt was very scarce and one pound of gold would be worth one pound of salt and they traded salt for gold.
A 1889 gold 5 pound coin is worth 5 pounds of gold, while a 1889 2 pound gold coin is only worth 2 pounds of gold.
310$
All Sovereigns were worth 1 Sovereign (1 Pound or 20 Shillings) when new prior to Britain coming off the "gold standard". After the "gold standard" the Sovereign was worth whatever its weight in gold represented.
In April 2010, gold was worth about $1,118.45 per troy ounce. Using that value, and about 14.583 troy ounces in a pound, one pound of gold is worth about $16,310.36. If you use the factor of 2,000 pounds per ton, then a ton of gold would be worth about $32,620,720.
Since the value of gold is by weight 1 lb of gold is worth more than 1/2 lb of gold by definition. The fact that there are more coins is irrelevant.
2,666 American dollars was what 1 pound of gold was worth in 1849