There is actually 1 pound 2 ounces. Selling as 1 pound for small weight of the few stones that there are and allowing for up to two ounces of non silver that may have slipped in. Also many pieces of .999 fine silver from pmc.This product is a mixed lot of 925 sterling silver scrap weighing over 450 grams. The lot includes various pieces of sterling silver with an Art Deco style. It is sold as a complete scrap lot weighing one pound. This product falls under the categories of Antiques, Silver, and Sterling Silver (.925).