Estimate pure silver content, melt value, and the likely cash payout for jewelry, flatware, coins, and other solid silver items.
Uses the same weight unit selected above. Subtract stones, watch movements, blades, handles, or other known non-silver parts.
Prefilled from the Kitco bid observed September 20, 2026 at 1:28 p.m. ET. Edit this field to use the latest market price.
Refiners, mail-in buyers, pawn shops, and jewelers use different margins.
Melt value per gram
$1.97
Melt value per pennyweight
$3.06
Melt value per troy ounce
$61.17
A 70%–90% comparison range for this lot is $137.67 to $177.00 after the entered fee. This is a shopping range, not a promise; buyer type, lot size, testing, and shipping can move the final offer outside it.
Weigh stones, watch movements, blades, handles, and other non-silver parts separately. A hallmark is useful, but an assay or XRF test is more reliable when the lot is valuable.
Silver plate is not sterling silver and usually has too little silver for this melt calculation. Coins, bullion, signed jewelry, and antique flatware can be worth more than melt value, so check collectibility first.
Find a recycling center or metal buyer near youMelt value is the pure metal content multiplied by spot price. A buyer must cover testing, refining, market risk, and profit, so the cash offer is usually a percentage of melt. The calculator keeps those two answers separate.
Do not scrap a potentially collectible coin, signed piece, antique, or intact bullion product without checking resale value. Condition, maker, rarity, and retail premiums can matter more than metal content.
The calculator converts the entered weight to grams, multiplies it by the selected purity, converts the pure-metal weight to troy ounces, and multiplies by the editable spot price. The payout estimate then applies the buyer percentage and subtracts any fee.
Reference spot input: Kitco bid observed September 20, 2026 at 1:28 p.m. ET. Precious-metal markets move continuously. Update the spot field before relying on the result.
Check the live silver spot chartSterling silver is 92.5% silver. Multiply the item weight by 0.925, convert that pure-silver weight to troy ounces, and multiply by the current silver spot price. A buyer's payout is normally lower than that theoretical melt value.
No. A regular avoirdupois ounce is about 28.35 grams, while a troy ounce used for precious metals is about 31.1035 grams. Choose the unit printed on your scale so the calculator converts it correctly.
No. Silver-plated objects have a thin silver coating over base metal and should not be entered as .925 sterling. Many buyers pay little or nothing for plate unless the piece has antique or resale value.
Check numismatic and collector value first. A coin can be worth more than its silver content, and melting some currency can be restricted. The calculator is useful for a melt-value floor, not a collector appraisal.
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