For example let s say your silver weighs 21 4 grams and that it is 925 sterling silver.
Can you sell 925 silver.
For example if you sell 100 ounces of sterling silver you will only be paid 92 5 of the spot price of silver because the other 7 5 is either copper zinc or another metal.
You can look for purity hints that show markings such as 925 which is 92 5 silver.
You may not realize how large a role sterling silver plays in our everyday lives.
Conversely metals that contain less than 92 5 percent silver are not sterling silver which is important to keep in mind when buying sterling silver.
Silver should have identifiable marks so to figure out if your silver is sterling or not check to see what it s labeled as.
Plated silver is worth significantly less than sterling so sterling silver is what you want to try to sell.
We review these tests in our silver authenticity test guide.
Sterling silver sellers need to keep in mind that since sterling silver isn t pure silver the weight alone will not determine how much one gets paid.
Since sterling silver is 92 5 silver you would take 925 x 21 4.
925 silver is sterling silver.
If it says sterling ster or 925 the silver is sterling.
Unlike soft pure silver sterling silver is relatively durable and can be used to make all sorts of items.
Multiply the grams of actual silver 19 79 in the example by the current price of silver in grams.
But to really know for sure you need to do a few tests.
In order for a silver to be classified as sterling silver it must meet at least a 92 5 purity aka 925.
You might sell silver jewelry you never wear or sell your worn sterling silver utensils to help fund a nice replacement set.