Scrap Silver Value

Finance

Calculate scrap silver value. Formula: Value = Weight (oz) × Purity (%) × Silver Price per oz.

Formula

Value = Weight × (Purity/100) × Price/oz

20 oz @ 92.5% purity, $25/oz

Inputs
  • Weight (troy oz): 20
  • Purity (%): 92.5
  • Silver Price ($/oz): 25

~$462.50

Frequently asked questions

Common purities?
Sterling = 92.5%, Coin silver = 90%, Fine = 99.9%.