How sterling silver melt value is calculated
Sterling silver is 92.5% pure silver by mass. To find melt value:
Pure silver (ozt) = weight (g) × 0.925 ÷ 31.1035 Melt value = pure silver (ozt) × spot ($/ozt)
Worked example — 100g sterling silver flatware
| Step | Calculation | Result |
|---|---|---|
| Weight | — | 100.00 g |
| Sterling purity | 92.5% | 92.5 g pure Ag |
| Convert to troy oz | 92.5 ÷ 31.1035 | 2.9740 ozt Ag |
| Melt at $60.73/ozt | 2.9740 × $60.73 | $180.61 |
| At 80% of melt | $180.61 × 0.80 | $144.49 |
Silver alloy purity reference
| Alloy | Marking | Purity | Common origin |
|---|---|---|---|
| Fine silver | .999 or 999 | 99.90% | Bullion bars, rounds |
| Sterling | .925, Sterling, STER | 92.50% | US, UK, most Western |
| Coin silver | .900 | 90.00% | Pre-1965 US coins |
| 835 silver | 835 | 83.50% | Germany, Netherlands |
| 800 silver | 800 | 80.00% | Continental Europe |
Identifying plated vs solid silver
Silver-plated items (marked EPNS, A1, Silver Plate, EP) have only a thin surface layer and negligible silver value for melting purposes. Signs of plating: visible base metal at wear points (usually copper-colored), "EPNS" or "Silver Plate" stamping, or no .925/.999 hallmark on solid pieces. If you cannot find a purity mark and the piece is old or foreign, have a jeweler test it — acid testing or XRF analysis takes seconds.