Boneyard Tools

Silver Melt Value Calculator

Estimate the melt value of silver. Enter the weight in grams, choose a purity such as sterling or fine, and add the current spot price to see the value.

How to value silver

  1. Weigh the silver in grams and choose its purity (sterling 0.925, fine 0.999 or coin 0.900).
  2. Enter today's silver spot price, per troy ounce or per gram.
  3. Read the pure silver content and melt value, then copy the result.

Examples

Sterling silver by the gram

100 g sterling (0.925), spot $0.80 per gram
92.5 g pure silver worth $74.00

Fine silver by the ounce

1 troy oz fine (0.999), spot $25 per ounce
about $24.97 melt value

Frequently asked questions

How is silver melt value calculated?

Multiply the weight by the purity fraction to get pure silver content, then multiply by the spot price per gram. A per ounce price is divided by 31.1034768 first.

What purity is sterling silver?

Sterling is 0.925, meaning 92.5% pure silver and 7.5% other metals, usually copper. Fine silver is 0.999 and US coin silver is 0.900.

Why do I enter the spot price myself?

The calculator is deterministic and private, so it never fetches live prices. Look up the current silver spot price and type it in for an accurate figure.

How many grams are in a troy ounce of silver?

31.1034768 grams. Silver, like gold, is priced per troy ounce rather than the lighter 28.35 gram standard ounce.

Will I get full melt value when selling?

Rarely. Dealers pay a percentage of melt to cover refining and margin. Recognized coins and bars trade closer to spot than scrap or flatware.

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