Scrap Silver Prices Today
Live prices for .999, .925, .900, and .800 silver updated every 60 seconds.
Last updated: Apr 16, 2026, 7:23 AM UTC
| Silver Type | Per Troy Oz | Per Gram | Per Pennyweight | Per Kilogram |
|---|---|---|---|---|
| .999 Fine Silver | $79.99 | $2.5717 | $3.9995 | $2571.73 |
| 925 Sterling Silver | $74.06 | $2.3812 | $3.7032 | $2381.23 |
| 900 Coin Silver | $72.06 | $2.3169 | $3.6032 | $2316.88 |
| 800 Silver | $64.06 | $2.0594 | $3.2028 | $2059.45 |
Prices update every 60 seconds based on the live silver spot price.
Want to calculate the exact value of your silver? Use our scrap silver calculator →
What Determines the Price of Scrap Silver
The price of scrap silver starts with the spot price — the current market price for one troy ounce of .999 fine silver. This price is set on commodities exchanges and fluctuates throughout the trading day based on supply, demand, currency values, and economic conditions. Use our scrap silver calculator to calculate the exact melt value of your silver.
When you sell scrap silver to a dealer, the price you receive will be lower than the spot-based melt value. Dealers deduct a margin to cover refining costs (melting and purifying the silver back to .999 fine), assaying fees, and their profit. Most reputable dealers pay between 85% and 95% of the calculated melt value for clean, sorted scrap silver.
The percentage you receive depends on several factors: the quantity you're selling, how well it's sorted by purity, the current market volatility, and the individual dealer's buy rates. Larger lots and well-sorted scrap typically command higher percentages.
Scrap Silver Prices by Purity
The purity of your silver directly determines its scrap value. Fine silver (.999) contains 99.9% pure silver and commands the highest price per ounce. Sterling silver (.925) is 92.5% pure, so its melt value is 92.5% of the fine silver price. Coin silver (.900) at 90% purity and 800 silver at 80% purity follow the same proportional pricing.
For example, if fine silver is trading at $80.07 per troy ounce: sterling is worth $74.06, coin silver is worth $72.06, and 800 silver is worth $64.06 per troy ounce.
This is why sorting your scrap by purity before selling is so important. If you mix sterling and 800 silver together, a dealer will typically offer you the rate for the lowest purity in the lot, costing you money on the higher-purity pieces.
How to Get the Best Price for Your Scrap Silver
Sort by purity. Separate your 925 sterling silver from 900 coin silver and 800 silver. This shows the buyer you know what you have and prevents them from offering a blanket low-purity rate.
Get multiple quotes. Contact at least three buyers — local dealers, online refiners, and mail-in services. Prices can vary significantly. Online refiners sometimes pay higher percentages because they process large volumes efficiently.
Know the spot price. Check this page before you sell so you have a baseline. If a dealer offers you 70% of melt value without a clear justification, you know to walk away.
Consider timing. Silver prices fluctuate daily. If you're not in a rush, watch the price for a few weeks using our price page and sell when prices are trending higher. Avoid selling during sharp dips unless you need immediate cash.