Silver Melt Value Calculator

Sterling silverware, old coins and bullion bars are all worth at least their metal content. Enter the weight, pick the purity — .999 fine, .925 sterling, .900 coin silver or .800 — and the spot price per troy ounce to get the melt value.

Enter the current spot price yourself — CalcMira does not fetch live prices

Results

Formula

Only the pure fraction of the weight counts, priced per troy ounce (31.1035 g):
Melt value = Weight (g) × Purity ÷ 31.1035 × Spot price

How to use this calculator

  1. Weigh the items and choose the unit (silver is usually weighed in grams or troy ounces).
  2. Select the purity — “Sterling” and “925” stamps mean .925; pre-1965 US dimes, quarters and halves are .900.
  3. Enter the spot price, then Calculate.
Silver Melt Value Calculator — how the calculation works, illustrated$
Silver Melt Value Calculator — how the calculation works, illustrated

Worked example

100 grams of sterling (.925) silver with spot at $30.

  1. Pure silver: 100 × 0.925 = 92.5 g.
  2. Troy ounces: 92.5 ÷ 31.1035 ≈ 2.974.
  3. Value: 2.974 × 30 ≈ $89.22.

Result: The melt value is about $89.22.

Frequently asked questions

Which US coins are 90% silver?

Dimes, quarters and half dollars dated 1964 and earlier are 90% silver (as are Morgan and Peace dollars). Nickels are not silver except the 1942–45 “war nickels” at 35%.

Is silver-plated flatware worth melt value?

No — plated items (marked EP, EPNS or “silver plate”) have only a microscopic layer of silver. Look for “Sterling,” “925” or “.925” stamps for solid silver.

Will I actually receive the full melt value?

Refineries and dealers typically pay a percentage below melt. Rare coins, however, can be worth far more than melt to collectors — check before selling anything old.

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