Sterling Silver Scrap Price Calculator: Melt Value and Payout

Estimate pure silver content, melt value, and the likely cash payout for jewelry, flatware, coins, and other solid silver items.

Español
Calculate silver scrap value
Calculate pure metal content, theoretical melt value, and a realistic payout after the buyer's margin.

Uses the same weight unit selected above. Subtract stones, watch movements, blades, handles, or other known non-metal parts.

Prefilled from the Kitco bid observed October 22, 2026 at 7:55 p.m. ET. Edit this field to use the latest market price.

Refiners, mail-in buyers, pawn shops, and jewelers use different margins.

Pure silver content
92.50 g
2.9739 troy oz after the purity adjustment.
Theoretical melt value
$161.93
Metal content at the entered spot price, before buyer costs.
Estimated cash payout
$129.55
Payout percentage less the entered processing fee.
Selected purity value by common precious-metal unit

Melt value per gram

$1.62

Melt value per pennyweight

$2.52

Melt value per troy ounce

$50.37

A 70%–90% comparison range for this lot is $113.35 to $145.74 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.

Before you sell

Weigh stones, watch movements, blades, handles, and other non-metal 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 you

Sterling silver scrap price per gram and troy ounce

Sterling silver marked .925 contains 92.5% silver. To estimate its melt value per gram, divide your entered silver spot price per troy ounce by 31.1035, then multiply by 0.925. For a solid sterling item, multiply that result by its metal weight in grams.

For example, an entered spot price of $30 per troy ounce gives about $0.89 of silver content per gram of sterling. A 100-gram sterling lot would have about $89.22 of theoretical melt value. At an entered 80% payout, the offer estimate would be about $71.37 before fees. These are worked examples, not current silver quotes.

The calculator displays melt value per gram, pennyweight, and troy ounce for the selected purity. Subtract stones and non-silver parts first. Weighted handles and silver-plated items cannot be valued as solid sterling simply from their total weight.

Melt value is not the same as an offer

Melt 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.

Check for value above melt

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.

How the silver value calculation works

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 October 22, 2026 at 7:55 p.m. ET. Precious-metal markets move continuously. Update the spot field before relying on the result.

Check the live silver spot chart

Silver scrap calculator questions

How do I check sterling silver scrap price today?

Check a current silver spot quote, enter that price per troy ounce, and select .925 sterling. At Kitco's New York silver bid of $54.45 an ounce on October 22, 2026 at 7:55 p.m. ET, sterling's melt value works out to about $1.62 per gram, or about $162 for 100 grams. The prefilled price is a dated reference, so update it before comparing offers. A buyer's cash offer comes after testing, refining, and fees.

Is sterling silver scrap price the same as melt value?

No. Melt value prices the silver content at the spot price you enter. Sterling contains 92.5% silver, and a buyer's offer usually deducts testing, refining, fees, and a margin. The calculator shows theoretical melt value separately from estimated cash payout.

How do I calculate sterling silver scrap value?

Sterling 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.

Is a regular ounce the same as a troy ounce?

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.

Is silver plate worth its sterling-silver melt value?

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.

Should I melt old silver coins?

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.

More scrap and auto value tools

Scrap metal guides and reports

RecycleFind grade prices are a starting point. These guides cover identification, stripping, and larger loads.

Sponsored · Peddle
4.7/5 on Trustpilot · 208K+ reviews4.5M+ cars sold

What's your junk car actually worth?

Get a real cash offer in about 2 minutes. Free towing, any condition, even if it doesn't run. No haggling, no phone calls.

See My Car's Offer

Make room for what comes next

Storage.com

Clear the clutter. Keep what matters.

Compare U.S. storage units for the furniture and seasonal gear you want to keep after a cleanout.

Compare nearby storage units

Full Circle

Put organic produce on your weekly menu

Explore Full Circle farm boxes and check delivery for your ZIP code.

Check delivery in my ZIP

Svala

Carry your everyday essentials in a vegan bag

Explore Svala handbags and totes for errands, work and weekends away.

Shop Svala bags