Silver Calculator
Find out what your scrap silver is worth. Pick the purity, enter the weight, and see the melt value at today's spot price.
Silver spot: $60.95/oz · Updated Oct 10, 2026, 4:01 AM ET
Melt value is the silver content at today's spot price. Buyers usually pay less to cover refining and profit.
Silver price by purity today
Melt value of the pure silver content, before any dealer discount.
| Purity | Per gram | Per dwt | Per troy oz |
|---|---|---|---|
.999 Fine Bullion bars and rounds | $1.96 | $3.04 | $60.89 |
.958 Britannia Britannia silver | $1.88 | $2.92 | $58.39 |
.925 Sterling Sterling jewelry and flatware | $1.81 | $2.82 | $56.38 |
.900 Coin Pre-1965 US coins | $1.76 | $2.74 | $54.85 |
.800 Older European silver | $1.57 | $2.44 | $48.76 |
What common sterling items are worth
Weights are typical examples; weigh your own pieces for an accurate number.
| Item | Typical weight | Melt value |
|---|---|---|
| Sterling ring | ~5 g | $9.06 |
| Sterling chain (20 in) | ~10 g | $18.13 |
| Sterling bracelet | ~25 g | $45.31 |
| Sterling dinner fork | ~50 g | $90.63 |
Is it real silver? Check the marks
Solid sterling is usually stamped 925, Sterling or STER. Coin silver may be marked 900 or Coin. These marks mean the item is only plated or contains no silver at all:
Frequently asked questions
How do I calculate the value of scrap silver?
Weigh the silver in grams, multiply by its purity (0.925 for sterling) and by the spot price per gram. The spot price is quoted per troy ounce, which is 31.1035 grams.
How much will a buyer pay for sterling silver?
Scrap buyers often pay around 70–85% of melt value for sterling, and less for small lots. Know your melt value first so you can judge an offer.
Can I weigh sterling flatware with the handles?
Hollow knife handles are usually filled with cement or resin, so their weight is not all silver. Solid forks and spoons can be weighed as they are.
What is the difference between sterling and silver plate?
Sterling is 92.5% silver all the way through. Silver plate is a thin layer of silver over a base metal and has very little scrap value.