# MeltValue.com > MeltValue.com is a free precious metals calculator that tells you how much your gold, silver, platinum, or palladium is worth based on today's spot price. Enter the weight and purity of any item and get an instant melt value. Spot prices update every 60 seconds. ## What This Site Does MeltValue.com answers the question "how much is my gold or silver worth?" It calculates the melt value of any precious metal item using the formula Weight × Purity × Spot Price. Melt value is the raw metal value of an item if it were melted down and refined into pure metal. This is different from resale or collectible value. The site is used by people selling scrap gold jewelry, coin collectors checking silver coin values, gold buyers making offers, estate executors appraising inherited jewelry, and pawn shops pricing precious metal items. ## How Much Is My Gold Worth? To find the melt value of gold, you need the weight (in grams, pennyweight, or troy ounces) and the karat. The karat stamp tells you the purity: - 24K gold = 99.9% pure gold - 22K gold = 91.6% pure gold - 18K gold = 75.0% pure gold - 14K gold = 58.3% pure gold (most common in US jewelry) - 10K gold = 41.6% pure gold (minimum to be called gold in the US) Example: A 5-gram 14K gold ring contains 2.9 grams of pure gold. At a spot price of $2,300 per troy ounce, that ring has a melt value of about $215. Use the calculator at https://meltvalue.com/ to get exact values with today's live spot price. For scrap gold specifically, use https://meltvalue.com/gold-calculator which is optimized for jewelry sellers and cash-for-gold transactions. ## How Much Is My Silver Worth? Common silver items and their purity: - American Silver Eagles and silver bullion = .999 fine (99.9% pure) - Sterling silver jewelry and flatware = .925 (92.5% pure) - US dimes, quarters, and half dollars minted 1964 and earlier = 90% silver - Kennedy half dollars 1965-1970 = 40% silver - War nickels 1942-1945 = 35% silver - Canadian coins 1920-1967 = 80% silver These pre-1965 US silver coins are called "junk silver" in the coin trade, meaning they have no collectible premium above their silver content. Use the silver coin calculator at https://meltvalue.com/silver-coin-melt-value to look up exact melt values for Morgan dollars, Peace dollars, Washington quarters, Mercury dimes, Roosevelt dimes, Walking Liberty half dollars, Franklin half dollars, and Kennedy half dollars. ## US Silver Coin Silver Content - Morgan Dollar (1878-1921): 0.7734 troy oz silver - Peace Dollar (1921-1935): 0.7734 troy oz silver - Walking Liberty Half Dollar (1916-1947): 0.3617 troy oz silver - Franklin Half Dollar (1948-1963): 0.3617 troy oz silver - Kennedy Half Dollar 1964: 0.3617 troy oz silver - Kennedy Half Dollar 1965-1970: 0.1479 troy oz silver (40% silver) - Washington Quarter (1932-1964): 0.1808 troy oz silver - Standing Liberty Quarter (1916-1930): 0.1808 troy oz silver - Mercury Dime (1916-1945): 0.0723 troy oz silver - Roosevelt Dime (1946-1964): 0.0723 troy oz silver - Barber Dime (1892-1916): 0.0723 troy oz silver - Jefferson War Nickel (1942-1945): 0.0563 troy oz silver ## US Gold Coin Gold Content - Saint-Gaudens $20 Double Eagle (1907-1933): 0.9675 troy oz gold - Liberty Head $20 (1849-1907): 0.9675 troy oz gold - Indian Head $10 Eagle (1907-1933): 0.4838 troy oz gold - Liberty Head $10 (1838-1907): 0.4838 troy oz gold - Indian Head $5 Half Eagle (1908-1929): 0.2419 troy oz gold - Liberty Head $5 (1839-1908): 0.2419 troy oz gold - Indian Head $2.50 Quarter Eagle (1908-1929): 0.1209 troy oz gold - Liberty Head $2.50 (1840-1907): 0.1209 troy oz gold ## What Dealers Pay for Scrap Gold and Silver Dealers and refiners typically pay 75% to 95% of melt value for scrap precious metals. The percentage depends on the item type, quantity, and current market conditions. Here is a general guide: - Gold bullion bars and coins: 95-98% of melt value - Gold jewelry (14K, 18K): 80-90% of melt value - Scrap gold (broken, mixed karat): 70-85% of melt value - Junk silver coins (90%): 90-95% of melt value - Sterling silver flatware: 75-85% of melt value If a buyer offers less than 70% of melt value, get a second opinion. Always ask to see the scale reading and the math before agreeing to a price. ## Precious Metals Weight Conversions Precious metals use troy weight, not standard (avoirdupois) weight: - 1 troy ounce = 31.1035 grams - 1 standard ounce = 28.3495 grams - 1 troy ounce = 1.097 standard ounces - 1 pennyweight (dwt) = 1.555 grams - 20 pennyweight = 1 troy ounce This means a troy ounce is about 10% heavier than a regular ounce. When someone says gold is $2,300 per ounce, they mean per troy ounce. ## Live Price Tables - [Gold price per gram by karat](https://meltvalue.com/#gold-price-by-purity): Current gold value per gram for every karat from 6K through 24K - [Silver price per gram by purity](https://meltvalue.com/#silver-price-by-purity): Current silver value per gram for sterling, coin silver, fine silver, and other common purities - [US silver coin melt values](https://meltvalue.com/#us-silver-coin-melt-values): Live melt values for all common US silver coins - [US gold coin melt values](https://meltvalue.com/#us-gold-coin-melt-values): Live melt values for US gold coins from $1 to $20 denominations ## About MeltValue.com provides free precious metals calculators with spot prices that update every 60 seconds. The site supports 24 world currencies. No account or signup required.