LemonTrades
TL;DR
- A regular (avoirdupois) pound of pure silver is 14.583 troy ounces; a troy pound is 12 troy ounces. Live values for both are below.
- A pound of sterling silver, such as flatware, holds about 13.49 troy ounces of pure silver.
- That’s melt value. Dealers pay a little less, and finished pieces may be worth more as antiques.
- LemonTrades follows the silver price for you, with alerts on sharp moves and the likely cause.
If you weigh silver on a bathroom or kitchen scale, you’re using the regular pound. Here’s what that’s worth.
Which pound is which?
The pound on everyday scales is the avoirdupois pound, 453.59 grams or 16 regular ounces. The troy pound, 373.24 grams or 12 troy ounces, is an old unit for precious metals and is rarely used now. Silver prices are quoted per troy ounce, so convert first.
Valuing a pile of silver
- Separate pieces by stamp: 999, 925 or sterling, 900 and so on.
- Weigh each group on a kitchen scale, in grams if you can.
- Multiply by the price per gram for that purity, from how much a gram of silver is worth.
Weighted pieces, such as candlesticks and some knife handles, contain filler; only the silver counts.
Other sizes: a kilo of silver and an ounce. Coins: junk silver.
Sources
Education, not financial advice. See our disclaimer.
