Definitions for "Fine Weight"
Keywords:  ingot, eagle, ounce, multiplying, coin
The actual "contained gold" weight of a bar or coin.
The actual weight of the pure gold or silver contained in a coin, ingot, bar or other item with a precious metal content, determined by multiplying the gross weight by the fineness, as opposed to the item's total weight, which includes the weight of the alloying component.
the metallic weight of a coin, ingot, or bar, as opposed to the item's gross weight which includes the weight of the alloying metal. Example: a 1-oz Gold Eagle has a fine weight of one troy ounce but a gross weight of 1.0909 troy ounce.