Use completed sales
Asking prices show what sellers want. Completed sales are a better starting point for realistic estimates.
Calculate the metal-content baseline before considering an antique, designer, maker, rarity, or collectible premium.
This is an estimate for research and planning, not a formal appraisal, tax calculation, or guarantee of a sale price.
Estimate the raw silver melt value of jewelry, flatware, coins, or scrap using weight, purity, and the current silver spot price. Start with realistic completed-sale prices and include costs that are easy to overlook. For antiques, condition, authenticity, provenance, maker, rarity, and local demand can matter more than a simple formula.
Asking prices show what sellers want. Completed sales are a better starting point for realistic estimates.
Shipping, packaging, restoration, platform fees, transport, storage, and your time can change the outcome.
Use this result as a first pass, then verify marks, condition, comparable items, and current marketplace rules.
Melt value is the estimated value of the item’s silver content based on weight, purity, and the silver spot price. It does not include collectible or antique premiums.
Sterling silver is usually marked .925, meaning it contains 92.5% silver. Always check the hallmark or obtain expert confirmation.
No. Dealers and refiners may pay below spot, while rare or desirable objects may sell above melt value because of craftsmanship, maker, design, or provenance.