Silver live price
Sterling silver price today in Canada
What sterling silver is worth right now in Canadian dollars, per gram and for any weight. Sterling silver is 92.5% pure silver.
Sterling silver, per gram
—
Melt value, live
Per pennyweight (dwt)
—
1 dwt = 1.555 grams
Per troy ounce
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Pure silver spot: —
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What sterling silver is worth, by weight
Melt value is the worth of the pure silver inside. Buyers usually pay 60% to 85% of it.
| Weight | Melt value | Usual offer |
|---|---|---|
| 1 gram | — | — to — |
| 10 grams | — | — to — |
| 50 grams | — | — to — |
| 100 grams | — | — to — |
| 500 grams | — | — to — |
| 1 kilogram | — | — to — |
| 1 troy ounce (31.1 g) | — | — to — |
Sterling silver at a glance
- Pure silver
- 92.5%
- Stamps
- 925, Sterling or Ster
- Where you see it
- Most silver jewellery and flatware. Canadian coins dated 1919 and earlier.
- Sterling silver is 92.5% silver and 7.5% other metal, usually copper.
- Candlesticks and knife handles marked "weighted" or "reinforced" are filled with cement or wax: only the thin outer shell is silver.
- EP, EPNS and "silverplate" mean silver-plated base metal, with almost no silver value.
How the sterling silver price is worked out
- Start with the spot price of pure silver per troy ounce: —.
- Divide by 31.1035, the grams in a troy ounce: — per gram of pure silver.
- Multiply by 0.925, the share of silver in sterling silver: — per gram.
Weigh your item in grams and multiply. Take stones, springs and clasps of other metal off the weight first: only the silver counts. A kitchen scale that reads to the gram is close enough for a first check.
What a buyer pays for sterling silver
A shop pays less than melt value because it has to test the metal, refine or resell it, and make a profit. Buyers usually pay 60% to 85% of melt value. A small gap is normal. A big gap means you should ask a second shop. Antique and maker-marked silver can be worth more than its silver, so ask before anything is sold as scrap.
Got an offer already? Type it into the calculator to see it as a percent of melt, thencompare written offers from two or three shops.
Compare with other silver
| Purity | Pure silver | Per gram now |
|---|---|---|
| Fine silver (999) | 99.9% | — |
| Sterling silver (925) | 92.5% | — |
| Coin silver (900) | 90.0% | — |
| 800 silver | 80.0% | — |