Silver · Sterling .925

Sterling Silver Melt Value (.925)

Sterling silver is 92.5% pure silver, so every gram or ounce of it contains 0.925 times as much silver. That makes its melt value the silver spot price multiplied by 0.925 — the figure below is live.

Live melt value — per troy ounce of sterling
…
spot … ·
Sterling (troy oz)Melt value
1 oz—
5 oz—
10 oz—
20 oz—
100 oz—

Live spot via gold-api.com. Melt value = spot × 0.925 × weight in troy oz.

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Live melt value — per gram of sterling
…
spot … ·
Sterling (grams)Melt value
1 g—
10 g—
100 g—
500 g—
1 kg—

1 g sterling = 0.925 g fine silver = 0.029739 troy oz.

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Sterling silver is an alloy of 92.5% silver and 7.5% other metal, almost always copper. The copper makes it far more durable than pure ("fine") silver, which is why sterling became the standard for flatware, hollowware, tea sets and most silver jewelry. Its fineness is 0.925 — stamped on real pieces as "925", ".925" or "sterling".

Because the silver content is fixed at 92.5%, a piece of sterling has a hard floor value that moves one-for-one with the silver spot price: it is worth 0.925 × the spot price for every troy ounce it weighs. That intrinsic number — the melt value — ignores any antique, maker or collectible premium, which for signed or rare pieces can be much larger than the metal itself.

How the melt value is calculated

One formula covers every sterling item — coins, flatware, jewelry or scrap:

melt = spot price per troy oz × weight (troy oz) × 0.925

If you weigh in grams (the usual case for jewelry and silverware), divide by 31.1035 first, because there are 31.1035 grams in a troy ounce:

melt = spot × (grams ÷ 31.1035) × 0.925

Illustrative melt values at example spot prices — for reference only. The live figures above use the real market price.

Example spotPer gramPer troy ozPer 100 g
$25.00 / oz$0.74$23.13$74.35
$35.00 / oz$1.04$32.38$104.08
$50.00 / oz$1.49$46.25$148.69

Sterling silver at a glance

Fineness0.925 (92.5% silver)
Other metal7.5%, usually copper
Hallmarks“sterling”, “925”, “.925”, or a maker’s mark + “sterling”
Fine silver per gram0.925 g
Fine silver per troy oz0.925 troy oz (≈ 28.77 g)
Common usesFlatware, hollowware, tea sets, candlesticks, jewelry

What affects what you actually get

Frequently asked questions

How much is sterling silver worth per gram?

One gram of sterling contains 0.925 g of pure silver, equal to 0.029739 troy ounces. Its melt value is the silver spot price × 0.029739 — about $0.89 per gram at a $30/oz spot price. The live figure near the top of this page uses the current spot price.

Is sterling silver pure silver?

No. Sterling is 92.5% silver and 7.5% other metal (usually copper), which makes it harder and more durable than fine silver. Its fineness is 0.925, written .925 or 925.

How do I calculate the melt value of sterling silver?

Melt value = spot price per troy ounce × weight in troy ounces × 0.925. For grams, divide grams by 31.1035 first. Example: 200 g of sterling at $30/oz = 6.43 troy oz × $30 × 0.925 = $178.45.

Is silverware worth its melt value?

Only if it is solid sterling. Weighted pieces (filled bases) and stainless steel knife blades have no silver in those parts. Weigh just the silver, or have it tested, before valuing it.

What is the difference between sterling silver and coin silver?

Sterling is 92.5% silver (0.925 fineness); coin silver is 90% (0.900). Sterling is worth about 2.7% more per troy ounce of weight.

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This page values one weight of sterling. The Silver Stacking Spreadsheet keeps the whole record — coins, bullion and scrap, what you paid, and your running profit or loss, auto-calculated from the spot price you enter.

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