At Conrad Morris & Associates (CMA), our passion lies in all things precious – from gold and silver to coins, jewelry, and precious gems. We've been on this glittering journey for more than 40 years! We have the experience and knowledge to help you determine what your jewelry or coins are worth and how much you can expect to get if you sell.
We host buying events in various places in the central Florida area, but we primarily do home visits, so our customers can sell their valuables from the comfort and safety of their own home. Senior citizens and veterans get a selling premium with CMA! Over the four decades, there's one unit of measure that never fails to spark curiosity: the troy ounce. So, come with us as we unravel the story of the troy ounce and its role in the world of precious metals.
Beyond Ordinary Ounces
You've probably heard of regular ounces in everyday life. They're the ounces you use to weigh fruits, measure ingredients for a recipe, or check your body weight. But when it comes to precious metals like gold and silver, the game changes. In this realm, we leave behind those ordinary ounces and embrace the troy ounce, which adds a touch of exclusivity.
What Sets the Troy Ounce Apart?
The troy ounce, you see, is special. It's a bit heavier than the common ounce we encounter daily. In numbers, a troy ounce weighs approximately 31.1035 grams, while the typical ounce tips the scales at about 28.3495 grams.
This distinction might seem minor, but in the world of gold and silver, precision is everything. The troy ounce allows us to be exact when we buy and sell these precious metals. It's like using a jeweler's loupe to examine every intricate detail.
Gold, Silver, and Troy Ounces
Imagine you have a beautiful gold necklace. Its value is determined by how many troy ounces of gold it contains. The same goes for silver coins, bars, or any other precious metal item. When you see gold prices in the news or at CMA, they're often quoted in troy ounces because they provide the most accurate measure for these prized materials.
Unraveling the Origins of Troy
The term "troy" originates from the city of Troyes in France. Back in the day, this city was known for its fair and consistent weights and measures. The troy ounce system was developed there, and it became the gold standard (pun intended) for precious metals trading.
Gold Price
It's important to watch the spot price of gold when you are looking to buy or sell. CM+A can help keep you informed of the most recent movements in the price of gold. As always, we take a look at two charts to help provide some perspective on the price. The previous 30 day chart can show you the recent trends and the previous 365 day chart gives a larger context to the current trend.
 |  |
Gold Spot Price Last 30 Days | Gold Spot Price Last 365 |
A Precious Future with CMA
At CMA, we embrace the troy ounce as a symbol of the precision and dedication that goes into our work. We're committed to giving you the best value for your gold, silver, coins, jewelry, and precious gems. We understand the unique language of troy ounces and its significance in the world of precious metals. So, whether you're buying, selling, or simply curious about these beautiful materials, you can count on CMA to guide you through the intricacies of this fascinating world.
If you have any questions or are ready to explore the world of precious metals with CMA, don't hesitate to reach out. We're here to help you uncover the value of your treasures and make your journey as dazzling as the finest gems!
Comments