Glossary of Coin and Bullion Terms
Avdp: AVDP is an abbreviation for Avoirdupois, the standard ounce. See also: Troy Ounce.. Avoirdupois Ounce: The standard ounce, 16 of which make up a pound. An avdp ounce weighs 28.35 grams, while a troy ounce weighs 31.1 grams. Baird: Based in London, Baird & Company is a major refiner of precious metals bullion bars. […]
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