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Price needed for selling silver


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1 ounce = 28.3495231 grams

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:confused:

 

I know not all silver people own is scrap, but when they go with a small anmount of jewellery and 'weigh it in' at a jewellers, they tend to pay scrap value, even if they intend to polish it up and resell it x

 

1oz of sterling silver is 1oz of sterling silver. It is 92.5% pure which means approx 28.35g of silver content.

 

On scrapgold uk:

1oz of 0.500 = £7.42

1oz of 0.925 = £14.64

1oz 0f 0.999 = £16.81

 

28.35g of pure silver is worth £15.13

 

Don't get ripped off. If I had a 1oz 0.999 silver coin I'd wang it on ebay for £30 and it'd sell within days. I'd never take £16 for it.

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