What Is Sterling Silver Worth?

Answer

When you want to go sell your old sterling silver or gold jewelry you don't want to be under paid. In order to figure out what your jewelry is worth on the day that you go and try to sell you need to know how much metal is worth using a calculator.
Q&A Related to "What Is Sterling Silver Worth?"
"Sterling silver" refers to the purity of a particular silver object - specifically, sterling silver is 92.5% silver.
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1 Additional Answer
The silver has to be removed from the object so don't expect silver price. Some refiners will pay 90% of the spot silver value for sterling. Lets assume you have 1000 grams of sterling silver. The calculation is 500 x .925 (silver content of sterling) x .9 divided by 31.105 (to get troy ounces) x 32.01 (current spot price)= 856.72.
Explore this Topic
A troy ounce of silver today is worth $45.50. That is pure silver with a purity of 99.99 percent. Sterling silver is worth less because it has an alloy added for ...
One gram of silver is worth 74 British pence sterling ($1.21). This price represents the intrinsic silver value and not the rarity value of a silver bar. Silver ...
To clean sterling silver jewelry, you can buy special cleaners. You can also use a toothbrush and some toothpaste or baking soda to clean it. ...
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