How to Calculate the Value of Any Sterling Silver Item
If you’ve ever picked up a sterling silver spoon, bracelet, or candlestick and wondered, “What is this actually worth?” you’re not alone. Luckily, there’s a straightforward way to estimate the melt value of any sterling silver item. All you need is the current silver spot price, a kitchen scale, and one simple formula. The Formula The approximate melt value of sterling silver can be calculated with this formula: (Silver Spot Price) × (Weight in Avoirdupois Ounces) × 0.911 × 0.925 ...