Gold & Silver Melt Value Calculator
Calculate the melt value of your gold and silver using live spot prices. Enter the weight, pick the purity, and see what it is worth instantly.
Gold Price by Purity
| Purity | Per Gram | Per Troy Oz |
|---|---|---|
| 24K | $133.92 | $4,165.27 |
| 22K | $122.76 | $3,818.30 |
| 18K | $100.44 | $3,123.95 |
| 14K | $78.11 | $2,429.60 |
| 10K | $55.80 | $1,735.67 |
| 9K | $50.22 | $1,561.98 |
Look Up Your Coin
Type the name of a coin to see what its metal is worth today.
US Silver Coin Melt Values
Today's coin melt value based on live silver spot price
Tap + to count the coins you have. We add them up below.
| Coin | How Many |
|---|---|
| Morgan Dollar1878–1921 · 0.773 oz t$44.05 each | |
| Peace Dollar1921–1935 · 0.773 oz t$44.05 each | |
| Walking Liberty Half Dollar1916–1947 · 0.362 oz t$20.60 each | |
| Franklin Half Dollar1948–1963 · 0.362 oz t$20.60 each | |
| Kennedy Half Dollar (90%)1964 · 0.362 oz t$20.60 each |
Your total shows here. Tap + next to each coin you have.
US Gold Coin Melt Values
Today's coin melt value based on live gold spot price
Tap + to count the coins you have. We add them up below.
| Coin | How Many |
|---|---|
| Pre-1933 $20 Double Eagle1849–1933 · 0.968 oz t$4,029.90 each | |
| Pre-1933 $10 Eagle1795–1933 · 0.484 oz t$2,015.16 each | |
| Pre-1933 $5 Half Eagle1795–1929 · 0.242 oz t$1,007.58 each | |
| American Gold Eagle (1 oz)1986–present · 1.000 oz t$4,165.27 each | |
| American Gold Buffalo (1 oz)2006–present · 1.000 oz t$4,165.27 each |
Your total shows here. Tap + next to each coin you have.
What Is Melt Value?
Melt value is the intrinsic worth of a precious metal item based solely on its metal content. When you calculate the gold melt value of a ring, bracelet, or coin, you are determining what the raw gold would be worth at today's market price, independent of any craftsmanship, brand, or collector premium. This is the baseline number every seller should know before visiting a dealer or pawn shop.
The silver melt value works the same way. Whether you have a bag of pre-1965 US quarters, a set of sterling flatware, or a handful of silver rounds, the melt value tells you the minimum those items should be worth. Use our scrap silver calculator for a detailed breakdown by fineness, or check today's gold price per gram for each karat.
The Melt Value Formula
Calculating melt value requires three inputs: weight, purity, and the current spot price. This calculator handles all three automatically. Enter the weight of your item, select the purity (karat for gold, fineness for silver), and the calculator uses live spot prices to show your estimated melt value instantly.
Weight times purity times spot price equals melt value.
Example: a 5 gram 14K gold ring
- 1.Find the pure gold: 5 g × 0.583 = 2.92 g
- 2.Convert to troy ounces: 2.92 g ÷ 31.10 = 0.0938 oz t
- 3.Multiply by today's spot: 0.0938 × $4,165.27 = $390.57
For coin melt value calculations, see our tables above or visit the US silver coin melt values page.
What Dealers Pay vs. Melt Value
Melt value is where a sale starts, not where it ends. No buyer pays all of it, because everyone between you and a refinery has costs to cover, and how much they keep depends far more on which buyer you walk up to than on what you are holding. Pawn shops pay around half of melt at best. Specialist metal buyers, where precious metals are the whole business, pay the most for ordinary scrap. Treat any advertised rate above roughly 80% as marketing rather than a real offer. For the full breakdown by buyer type, see the payout sections on the gold calculator and silver calculator pages.