The units the metals trade actually uses. A troy ounce (31.1035 g) is ~10% heavier than the kitchen ounce; a pennyweight (dwt) is 1/20 ozt — jewelers quote in it; 480 grains make a troy ounce.
Convert weight
→
31.1035 g
Fine metal & melt
Gross weight × fineness = fine metal. Melt uses live spot.
Result
2.9747 ozt finemelt —AWAITING LIVE SPOT
Counting coins instead of weighing metal? Use the junk silver calculator or the US coin melt table.