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Precious Metal Melt Value Calculators

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Calculate Silver Melt Value

Below you will find silver calculators to determine the value of silver metal inside your silver jewelry, silver bars and silver coins. Choose from 13 live currencies or 158 non-live currencies (updated every hour).

Silver Calculator

This silver calculator will determine the value of the silver metal inside your silver bullion, silver coins, or silver jewelry.

To get the value of your silver metal, simply enter the following into the calculator:

  1. Amount - gram (gm) or troy ounce (ozt) (1 troy ounce (ozt) = 31.1035 grams)
  2. Purity - percentage (%) or fineness (parts per thousand)
  3. Unit Price - Choose from 13 live currencies or 158 non-live currencies (updated every hour).
Silver Calculator
Amount of Silver:
* Purity of Silver:

Percentage Silver: 99.9%

Price of Silver per ounce:
 

Live Price
  USD
Value of Silver Metal:   USD


Percentage of Market Value:   %
Value of Silver Metal:
Percentage of Market Value
  USD
  • Silver bullion - Silver bullion is most commonly 99.9%. Check the stamp on the bullion to confirm. If it is not stamped, it would require a test to determine its purity.
  • Silver jewelry - Silver jewelry is usually sterling silver. If so, it is typically hallmarked in the fineness scale 925, which means it is 92.5% silver. Silver plated, silver electroplated, alpaca silver, and silver tone all contain close to or no silver.
  • Live prices silver prices - There are 13 live currencies that you can get the live silver price. Please note that the price is only live on page load and on currency change - if you need to update the price, either refresh the page or deselect the currency and select it again.
  • Non-Live silver prices - There are 158 non-live currencies that you can get the non-live silver price from. These currencies are updated every hour. The time since it has been updated will be below the currency selector.

Silver buyers buy silver below the market value of the silver melt value.

Silver buyers will usually sell it to a refiner who melts it down, extracts the silver, and casts it into bullion bars.

Alternatively, depending on the silver buyer and the particular piece they are buying, they may also choose to sell the item in the second-hand jewelry market.

Scrap Silver Prices

This scrap silver prices table below contains the price of silver per gram for different types of silver. This is useful for determining the melt value of jewelry.

Monday 20th of February 2017 Scrap Silver Prices
 

Name
(Fineness)
Price Per Gram
()
Weight
(grams)
Total
()
Fine Silver
(999)
*
Britannia silver
(958)
*
French 1st standard
(950)
*
91 zolotnik Russian silver
(947)
*
Sterling silver
(925)
*
88 zolotnik Russian silver
(916)
*
Coin silver
(900)
*
84 zolotnik Russian silver
(875)
*
Scandinavian silver
(830)
*
German silver (Type 1/2)
(835)
*
German silver (Type 2/2)
(800)
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

Silver Bar Prices

The silver bar prices table below contains the price of silver per gram and price of silver per ounce for common silver bullion sizes. The silver purity used below is 99.9%.

This silver bar prices table is equally applicable to bullion silver coins.

Monday 20th of February 2017 Silver Bullion Prices
 

Metric Sizes Unit Price
()
Qty Total
()
1 gram *
2 grams *
2.5 grams *
5 grams *
10 grams *
20 grams *
25 grams *
50 grams *
100 grams *
1000 grams (1 kilogram) *
5000 grams (5 kilograms) *
10000 grams (10 kilograms) *
Imperial Sizes Unit Price
()
Qty Total
()
1/20 toz *
1/10 toz *
1/4 toz *
1/2 toz *
1 toz *
2 toz *
2.5 toz *
5 toz *
10 toz *
20 toz *
50 toz *
100 toz *
1000 toz *
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

Silver Coin Prices

The silver coin prices table below contains the value of silver metal inside some popular silver coins. Junk silver refers to silver coins minted that use to circulate as currency - circulated coins often are found in fair condition and use to attract a low premium above melt value - although its popularity amongst "preppers" or "survivalists" has increased demand and resulted in rising premiums. The premium above the monetary value is referred as the "collectors value" or "numismatic value".

Important note, the silver coins value is generally much more than its melt value of silver metal. Factors that help determine a silver coins value includes initial mintage, grade (condition), survival rate, demand, and inventory levels amongst dealers. Also note that the design of the coins shown in the images may vary over time.

Monday 20th of February 2017 Silver Coin Melt Values
 


Australia Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
Threepence (1910 - 1944)
1910 - 1944    
1.41g | 92.5% Silver
*
Threepence (1947 - 1964)
1947 - 1964    
1.41g | 50% Silver
*
Sixpence (1910 - 1945)
1910 - 1945    
2.82g | 92.5% Silver
*
Sixpence (1946 - 1963)
1946 - 1963    
2.82g | 50% Silver
*
Shilling (1910 - 1944)
1910 - 1944    
5.65g | 92.5% Silver
*
Shilling (1946 - 1963)
1946 - 1963    
5.65g | 50% Silver
*
Florin (1910 - 1945)
1910 - 1945    
11.31g | 92.5% Silver
*
Florin (1946 - 1963)
1946 - 1963    
11.31g | 50% Silver
*
Crown
1937 - 1938    
28.28g | 92.5% Silver
*
Round Fifty-Cent
1966 - 1966    
13.28g | 80% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

Britain Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
Threepence (1817 - 1920)
1817 - 1920    
1.4138g | 92.5% Silver
*
Threepence (1920 - 1946)
1920 - 1946    
1.4138g | 50% Silver
*
Sixpence (1816 - 1920)
1816 - 1920    
3.01g | 92.5% Silver
*
Sixpence (1920 - 1946)
1920 - 1946    
2.8276g | 50% Silver
*
Shilling (1816 - 1919)
1816 - 1919    
5.6552g | 92.5% Silver
*
Shilling (1920 - 1946)
1920 - 1946    
5.6552g | 50% Silver
*
Florin (1848 - 1919)
1848 - 1919    
11.3104g | 92.5% Silver
*
Florin (1920 - 1946)
1920 - 1946    
11.3104g | 50% Silver
*
1/2 Crown (1816 - 1919)
1816 - 1919    
14.138g | 92.5% Silver
*
1/2 Crown (1920 - 1946)
1920 - 1946    
14.138g | 50% Silver
*
Crown (1818 - 1902)
1818 - 1902    
28.2759g | 92.5% Silver
*
Crown (1927 - 1935)
1927 - 1935    
28.2759g | 50% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

Canada Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
5 Cents (1858 - 1919)
1858 - 1919    
1.162g | 92.5% Silver
*
5 Cents (1920 - 1921)
1920 - 1921    
1.1664g | 80% Silver
*
Dime (1858 - 1919)
1858 - 1919    
2.3239g | 92.5% Silver
*
Dime (1920 - 1967)
1920 - 1967    
2.3328g | 80% Silver
*
Dime (1967 - 1968)
1967 - 1968    
2.3328g | 50% Silver
*
Quarter (1870 - 1919)
1870 - 1919    
5.8319g | 92.5% Silver
*
Quarter (1920 - 1967)
1920 - 1967    
5.8319g | 80% Silver
*
Quarter (1967 - 1968)
1967 - 1968    
5.8319g | 50% Silver
*
Half Dollar (1870 - 1919)
1870 - 1919    
11.6638g | 92.5% Silver
*
Half Dollar (1920 - 1967)
1920 - 1967    
11.6638g | 80% Silver
*
Dollar
1935 - 1967    
23.3276g | 80% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

France Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
Franc
1871 - 1920    
5g | 83.5% Silver
*
2 Franc
1870 - 1920    
10g | 83.5% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

Germany Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
1/2 Mark
1905 - 1919    
2.777g | 90% Silver
*
Mark
1873 - 1916    
5.55g | 90% Silver
*
Mark/Reichsmark
1924 - 1927    
5g | 50% Silver
*
2 Reichsmark (1925 - 1931)
1925 - 1931    
10g | 50% Silver
*
2 Reichsmark (1933 - 1939)
1933 - 1939    
8g | 62.5% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

Mexico Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
5 Centavo
1864 - 1905    
1.3537g | 90.3% Silver
*
10 Centavo (1864 - 1905)
1864 - 1905    
2.7073g | 90.3% Silver
*
10 Centavo (1905 - 1919)
1905 - 1919    
2.5g | 80% Silver
*
10 Centavo (1925 - 1935)
1925 - 1935    
1.66g | 72% Silver
*
20 Centavo (1898 - 1905)
1898 - 1905    
5.415g | 90.3% Silver
*
20 Centavo (1905 - 1919)
1905 - 1919    
3.625g | 80% Silver
*
20 Centavo (1920 - 1943)
1920 - 1943    
3.3333g | 72% Silver
*
25 Centavo (1869 - 1890)
1869 - 1890    
6.768g | 90.3% Silver
*
25 Centavo (1950 - 1953)
1950 - 1953    
3.333g | 30% Silver
*
50 Centavo (1866 - 1895)
1866 - 1895    
13.5365g | 90.3% Silver
*
50 Centavo (1905 - 1919)
1905 - 1919    
9.0625g | 80% Silver
*
50 Centavo (1919 - 1945)
1919 - 1945    
8.3333g | 72% Silver
*
50 Centavo (1935 - 1935)
1935 - 1935    
7.973g | 42% Silver
*
50 Centavo (1950 - 1951)
1950 - 1951    
6.66g | 30% Silver
*
Peso (1866 - 1914)
1866 - 1914    
27.07g | 90.3% Silver
*
Peso (1918 - 1919)
1918 - 1919    
18.13g | 80% Silver
*
Peso (1920 - 1945)
1920 - 1945    
16.66g | 72% Silver
*
Peso (1947 - 1949)
1947 - 1949    
14g | 50% Silver
*
Peso (1950)
1950 - 1950    
13.33g | 30% Silver
*
Peso (1957 - 1967)
1957 - 1967    
16g | 10% Silver
*
2 Peso
1921 - 1921    
26.6667g | 90% Silver
*
5 Peso (1947 - 1948)
1947 - 1948    
30g | 90% Silver
*
5 Peso (1950 - 1954)
1950 - 1954    
27.78g | 72% Silver
*
5 Peso (1955 - 1959)
1955 - 1959    
18.05g | 72% Silver
*
10 Peso
1955 - 1960    
28.88g | 90% Silver
*
25 Peso
1968 - 1972    
22.5g | 72% Silver
*
100 Peso
1977 - 1979    
27.77g | 72% Silver
*
Onza
1949 - Present    
33.625g | 92.5% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price

United States Silver Coin Melt Values
CoinUnit Price
()
QtyTotal
()
Jefferson Nickel
1942 - 1945    
5g | 35% Silver
*
Barber Dime
1892 - 1916    
2.5g | 90% Silver
*
Mercury Dime
1916 - 1945    
2.5g | 90% Silver
*
Roosevelt Dime
1946 - 1964    
2.5g | 90% Silver
*
Barber Quarter
1892 - 1916    
6.25g | 90% Silver
*
Standing Liberty Quarter
1916 - 1930    
6.25g | 90% Silver
*
Washington Quarter
1932 - 1964    
6.25g | 90% Silver
*
Barber Half Dollar
1892 - 1915    
12.5g | 90% Silver
*
Walking Liberty Half Dollar
1916 - 1947    
12.5g | 90% Silver
*
Franklin Half Dollar
1948 - 1963    
12.5g | 90% Silver
*
Kennedy Half Dollar (1964)
1964 - 1964    
12.5g | 90% Silver
*
Kennedy Half Dollar (1965 - 1970)
1965 - 1970    
11.5g | 40% Silver
*
Seated Liberty Dollar
1840 - 1873    
26.73g | 90% Silver
*
Morgan Dollar
1878 - 1921    
26.73g | 90% Silver
*
Peace Dollar
1921 - 1935    
26.73g | 90% Silver
*
Eisenhower Dollar
1971 - 1974, 1976    
24.59g | 40% Silver
*
American Silver Eagle
1986 - Present    
31.1035g | 99.9% Silver
*
     GRAND TOTAL:
Basis: * per troy ounce
Live Price
Reverse
Obverse


Silver Plating

Please be aware that the silver calculator is for solid silver jewelry. Solid silver jewelry contains a uniform mixture of silver and other metals throughout the entire piece of jewelry. For instance, a 10g piece of stirling silver (925) jewelry contains 92.5% silver or 9.25 g of pure silver.

On the other hand, silver plated jewelry contains almost no silver. This is done because it is cheaper to use less expensive ferrous metals or non-ferrous (base) metals as the core and apply a thin layer of silver on the outside.

  • Sheffield plate - earliest form of silver plating (introduced in 18th century).
  • Silver plated or silver electroplated - uses an electric current and a piece of jewelry, which acts as an electrode, inside a silver solution. The silver forms a coherent metal coating on the electrode.
  • Nickel silver or Alpaca silver or Silver tone - alloy that imitates sterling silver made from copper, silver, zinc, and sometime iron. It contains no silver.

To recap, silver plated jewelry contains an almost negligible amount of silver metal. The silver calculator is only applicable to solid silver jewelry, not silver plated jewelry.

Silver Hallmarks

A hallmark is a mark stamped on a piece of jewelry certifying the purity of metal used. There are hallmarking laws that apply to the sale of silver jewelry in some countries (such as the Hallmarking Act 1973 in the UK). However, globally there is no standard that must be followed therefore solid silver jewelry may or may not be hallmarked.

Solid Silver Hallmarks

Solid silver jewelry will have its purity stamped on it. The purity is expressed in the fineness scale which is expressed as parts silver per thousand or, less commonly, as a percentage (%). Please refer to the scrap metal price table for the common silver type names and the relationship between percentage and fineness. Sterling silver is by far the most common silver alloy, and may be hallmarked "STERLING", "STER", "STR", or "925".

Please be aware that silver jewelry may be hallmarked a certain percentage or fineness and may not have that level of silver content or may not be solid silver jewelry at all. Hence silver jewelry needs to be tested when valuing its silver metal content.

Silver Plated Silver Hallmarks

  • Silver plated or silver electroplated - "SHEFFIELD", "SP", "S.P", "SEP", "HSP", "S.E.P" or any mention of "PLATE" or "PLATING".
  • Silver filled - "SF" or "S.F".

You may choose to scratch a suspected plated piece deep enough to see the underlying metal to confirm the jewelry is not solid silver. As this is a destructive test, choose a discreet spot which will not be visible when worn, for example, around the clasp on a silver chain.

Silver Testing

As a silver buyer this is important to remember silver metal is expensive relative to most other metals therefore there is always an economic incentive to pass lower content silver as higher content silver. Hence, remember to test for silver purity.

Magnet Test

Silver is only weakly magnetic. If in the presence of a magnet it sticks strongly, then it is likely to have a iron (ferromagnetic) core. Only use this test in conjunction with other tests as the item may have a core which is not made of iron.

There is variant of this test for bullion bars, called the sliding test, where you use a strong magnet and slide it down a bar at forty-five (45) degree angle. As silver is weakly magnetic, it should cause a "braking effect", so it should slide slowly relative to an equivalent non-magnetic item.

Ice Test

Silver has a very high thermal conductivity. When a piece of ice is placed on silver bullion it should begin to melt immediately as the temperature of the bullion is transferring to the ice very quickly. This test is mainly only practical for silver bullion not silver jewelry.

Ring Test

Silver coins when tapped should make a distinguishable bell-like sound.

Touchstone testing

This test involves the use of strong acids so before you begin this test, please ensure you have the personal protective equipment (PPE).

  • Safety goggles - to protect your eyes
  • Protective gloves - to protect your hands
  • Water, baking soda, paper towels - to dilute, neutralize, and clean acid spills respectively.

Also ensure you are in a well-ventilated area as the acids are strong and noxious.

This test involves rubbing the jewelry on a touchstone, an abrasive stone similar to fine sand paper, leaving behind some metal from the jewelry. The silver testing kit will have one or more bottles of acid. There will be instructions with each specific test to indicate what color change to expect for what purity of silver. Note the scale of the test is applicable for (the minimum % silver the test works for) and also note that the acid in the test typically has a relatively short shelf-life.

X-Ray Fluorescence

This method of testing is non-destructive and is suitable for normal assaying requirements. A computer, called a x-ray fluorescent (XRF) analyzer, will use x-rays to determine the composition the the jewelry. It takes less than a few minutes to complete and the results may be printed out. Popular brands include Thermo Scientific Niton range or Olympus GoldXpert or DELTA Precious Metals XRF analyzers.

There is also a method called x-ray fluorescence assay which involves melting a sample into a uniform composition before testing the sample on a XRF analyzer. This method is more accurate then a XRF analyzer but less accurate then a fire assay.

Fire Assay

This method of testing is totally destructive however provides the greatest accuracy. The first part of the process is called fusion which involves mixing the sample with a fluxing agent (which helps melt, fuse, and separate the precious metal) and heating it to a high temperature. The second part of the process is called cupellation which involves using a collector, such a nickel or lead, to extract the precious metals.

The precious metals extracted from fire assay is then analyzed by one of the following methods:

  • Flame Atomic Absorption (AA)
  • Inductively Coupled Plasma-Atomic Emission Spectrometry (ICP-AES)
  • Inductively Coupled Plasma-Mass Spectrometry (ICP-AES)
  • Instrumental Neutron Activation Analysis (INAA)

Miscellaneous Equipment

Other equipment that is common in silver testing kits include:

  • Jewelers loupe provides magnification to see small details more closely. Handy for inspecting hallmarks.
  • Digital scale for precisely measuring the weight of jewelry.
  • Diamond tester for confirming a precious stone is a genuine diamond (or moissanite).