Question 1

How do I calculate my silver's value?

Accepted Answer

Convert your weight to troy ounces, multiply by the live spot price, then multiply by purity. Example: 100 grams of .999 silver at $34 spot = (100 / 31.1035) x 34 = about $109.30.

Question 2

What is melt value?

Accepted Answer

Melt value is what the raw metal in an item is worth at spot — ignoring collectible, numismatic or craftsmanship value. A rare coin can be worth far more than melt; a plain bar is worth melt plus a small premium.

Question 3

How do I value sterling silver items?

Accepted Answer

Multiply the fine-silver value by 0.925. So 200 grams of sterling at a $1.09/gram fine price = 200 x 1.09 x 0.925 = about $201.65 in metal value.

Question 4

Why does the calculator differ from a dealer's quote?

Accepted Answer

Dealers add premiums when selling (minting, overhead, profit) and apply discounts when buying (their margin, refining costs). The calculator shows the neutral wholesale value both sides negotiate around.

Question 5

Can I calculate the value of silver coins?

Accepted Answer

Yes — if you know the coin's pure silver content. A 1 oz bullion coin is 1.0 troy ounces; a pre-1965 US 90% half dollar holds about 0.3617 oz. Multiply the pure content by the live spot.

Troy ounce (31.10 g)	$53.91
Gram	$1.73
Kilogram	$1,733.37
Tola (11.66 g)	$20.22
Pound (453.6 g)	$786.24

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