Silver Value Calculator

Melt value equals the weight in troy ounces multiplied by the fineness (purity) and the current silver spot price. For example, 10 oz of .999 fine silver = 10 × 0.999 × spot price.

.999 fine silver is 99.9% pure silver, used in bullion bars and coins like American Silver Eagles. .925 is sterling silver — 92.5% silver and 7.5% other metals (usually copper) — the standard for quality jewelry and silverware.

Pre-1965 U.S. dimes, quarters, half dollars, and dollars were minted with 90% silver and 10% copper. These 'junk silver' coins are valued primarily for their silver content rather than face value.

One troy ounce equals 31.1035 grams. This is heavier than a standard (avoirdupois) ounce, which is 28.3495 grams. All precious metal spot prices are quoted per troy ounce.

Silver reacts with sulfur compounds in the air to form silver sulfide (tarnish). Gold is far less reactive and doesn't tarnish under normal conditions. Tarnish doesn't reduce silver's melt value — it's only a surface coating that can be removed.

No. Dealers typically pay 85-97% of melt value depending on the form. Recognizable bullion (Eagles, Maples) commands higher buyback prices. Scrap sterling jewelry may fetch 80-90% of melt. Numismatic coins may be worth more than melt.