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A pennyweight (abbreviated dwt or denarius weight) is a unit of mass that is equal to 24 grains, 1⁄20 of a troy ounce, 1⁄240 of a troy pound, approximately 0.054857 avoirdupois ounce and exactly 1.55517384 grams.
The troy pound is 5 760 grains (≈ 373.24 g, 12 oz t), while an avoirdupois pound is approximately 21.53% heavier at 7 000 grains (≈ 453.59 g).