Precious Metal
Weight Conversion
and Melt Value Calculators

Before you sell any broken or unwanted gold or silver jewelry, sterling silver or silver and gold coins, use our free and unbiased online melt value calculators to quickly find the current value of almost any precious metal item. The melt value (also called the scrap value) of items like gold and silver jewelry, sterling silver plaques or trophy's, sterling silver cups, plates and silverware or gold and silver coins can be obtained with great accuracy using our precious metal scrap value calculators. **NEW** Now with Currency Conversion so you can see the spot price and scrap value using any of the world's top 35 currencies, with exchange rates that are updated daily.

How much is my jewelry worth melted down?

When selling your old jewelry or other precious metal goods, it's easy to make a bad deal if you are unaware of the melt value. You only need to know the weight of your item and it's purity. The calculators will do the rest. If you are using the silver or gold coin melt value calculators, you only need to know the quantity of each type of coin you have. The coin calculators will tell you the amount of precious metal that is contained within the number of coins that you enter.

Ideal for people who buy and sell scrap sterling silver or scrap gold and silver jewelry or coins on any auction or classified ad site. For instance, when you are buying gold or sterling scrap and looking at many different auctions or ads, the sellers will often list the weight of their gold or sterling using different weight types. One seller will list his items weight in grams, while another will list his items in ounces or pounds or grains...etc. Doing the conversions can take valuable time and there is always the possibility that a mistake in calculations can be made when doing the math by hand.

Instead of doing the purity and weight conversions, let the calculators do the math for you. The weight conversion and melt value calculators are online reference tools that eliminate the need for you to perform the tasks of calculating the amount of precious metal content and the conversion to troy ounces using many different weight unit types.You can enter the weight in grains, grams, pennyweights, ounces, pounds, troy ounces, troy pounds, milligrams, kilos and more.

The calculators automatically subtract the weight of the "non" precious metal content. The remainder, (which is .999 pure precious metal) is converted to troy ounces and multiplied by the spot price to give you the gross melt value.

If you sell your scrap to a Refiner, Jewelry Store, Coin or Pawn Shop, they will need to make a profit and will always pay under the gross melt value. If you are buying or selling on an auction site or classified ad site, there are usually fees of some kind associated with the transaction. This is why the calculators provide the "gross melt value". If you would like to see the net value, you can enter your profit or loss percentage into the input box provided on the calculator and the "net value" (Profit\Loss Value) will be displayed alongside the gross melt value.

Here are some hints for finding
the purity of your Gold and Silver Jewelry

For Gold Jewelry made in the United States or Canada it should be stamped 14K, 18K, 22K or some number greater then 9 and less then 24 with a "K" or "kt" after it. ( Since 10K is the minimum purity in the U.S. that an item can be sold as "Gold" and 24K is rarely used for making jewelry.) The "K" stands for Karat. A Karat is a measure of gold purity. This is sometimes confused with Carat, which is a unit of weight used for diamonds and other gemstones that is equal to 200 milligrams.

1 Karat equals 1/24 of the whole. An alloy made of 14 parts pure gold and 10 parts of copper or some other metal is known as 14K or 14 Karat gold...18 parts pure gold and 6 parts of some other metal is 18K or 18 Karat gold..and so on.

Outside of the U.S. and Canada, the spelling "Carat" is commonly used instead of "Karat" to describe gold purity. You will find the abbreviation "ct" being used and 14ct, 18ct or 9ct... as a purity stamp instead of 14K, 18K or 9K....( It is only in this context, that the words "Carat" and "Karat" describe the same thing, 1/24 part or 1/24 of the whole.)

In Europe, the Parts Per Thousand format is usually stamped to indicate an items gold purity...ie, " .375 " for gold that is 37.5% pure, " .417 " for gold that is 41.7% pure (10K in the U.S.), " .585 " for gold that is 58.5% pure (14K or 58.3% in the U.S.) , " .750 " for gold that is 75% pure (18K in the U.S.).

For Sterling Silver it should be stamped " Sterling "," Ster ", ".925 " or have a symbol or mark that indicates that it is Sterling Silver and not silver plated or stainless steel. The standard or law for which an item can be sold as "sterling silver" is it must contain 92.5% pure silver. There are some resources on the internet to help you find sterling silver marks from silversmith's all over the world.

Please Note: Sterling Silver items like candlestick holders, bowls and cups are sometimes weighted with concrete, wax, plaster, or other fillers and some items may have steel support rods added for strength. These items are usually stamped "weighted" or "weighted reinforced" to indicate that some type of non precious metal filler has been used. Sometimes sterling silver flatware dinner knifes, have stainless steel blades with steel support rods and filler in the sterling silver handle. Your Sterling Silver must be free of all stainless steel and weighted filler for the calculator to be accurate.

For Silver, Platinum or Palladium Jewelry it is usually stamped .800, .950, .830, .900 or something in a .000 format. This format is simply expressing the items purity as Parts Per Thousand. If your item is genuine and marked .800 it is 80% pure. If it's marked .950 it's 95% pure. If it's marked .835 it's 83.5% pure precious metal. Platinum jewelry is usually stamped with a "Pt" or "Plat" after the purity.. ..ie, ".950 Pt" or ".950 Plat", "900 Pt" or "900 Plat".

Most all contemporary precious metal goods are stamped to indicate their purity. If your item is unmarked, it may mean that it has been "electroplated" or that it may not be made from precious metal at all, so you will have to do a little more research. Possibly purchase a test kit or take it to a reputable jeweler for a purity test if you are unsure.
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When an item has been electroplated with precious metal, it means that the item only has a coating of precious metal instead of being a true alloy where the metals are mixed together at melting point temperatures. The calculators Do Not work with anything that has been "Electroplated" with precious metal.

To use the Gold Scrap Melt Value Calculator :
1. Separate your gold items by purity.
2. Find an accurate scale and weigh the individual groups of 14K, 18K and so on.
3. Enter the spot price. (You can use the spot price located on the calculator or put in any value you want.)
4. Select the weight type you are using..ie, grams, grains, ounces, pennyweights..
5. Select the purity.
6. Enter the weight for each group into the appropriate box.
7. Click the "calculate" button.

To use the Sterling Silver Melt Value Calculator :
1. Remove any filler from "weighted" items.
2. Find an accurate scale and weigh your sterling silver.
3. Enter the spot price .(You can use the spot price located on the calculator or put in any value you want.)
4. Select the weight type you are using..ie grams, grains, ounces, pounds...
5. Enter the weight of the sterling silver items.
6. Click the "calculate" button.

To use the Silver, Platinum or Palladium Jewelry Melt Value Calculators :
1. Separate your items by purity.
2. Find an accurate scale and weigh the individual groups of .800, .830, .900 and so on.
3. Enter the spot price. (You can use the spot price located on the calculator or put in any value you want.)
4. Select the weight type you are using..ie grams, grains, ounces...
5. Select the purity....ie, .800, .900...
6. Enter the weight for that group into the appropriate box.
7. Click the "calculate" button.

To use the Silver Coin or Gold Coin calculators :
1. Count the number of coins you have of each different type.
2. Enter the spot price. (You can use the spot price located on the calculator or put in any value you want.)
3. Select the coin type.
4. Enter the number of coins into the appropriate box.
5. Click the "calculate" button.
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When you are selling broken jewelry or sterling silverware as scrap, any artistic value the piece may have once had, goes by the wayside. Unless the item is of significant importance that warrants trying to get it repaired, the scrap buyer generally doesn't care about the history of the item or artistry of the person who made the piece. The melt value is the only thing that matters to them. If you know the value of the item if it were melted down, you are obviously in a much better position to negotiate a realistic price for your precious metal goods.

Please read the info page for the desired calculator for more detailed instruction and information regarding the calculators operation.

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We are not a Refiner or a Dealer.

We do not buy or sell precious metal.

We do provide unbiased precious metal weight conversion and melt value calculators as a free online public resource.

Sterling Silver Scrap, Silver Jewelry, U.S. Gold Coins, Scrap Gold Jewelry, Gold or Silver Bullion, Platinum and Palladium Jewelry or Bullion, U.S. Silver Coins, Australian Silver Coins, Canadian Silver Coins, French Silver Coins, Great Britain Silver Coins, Mexican Silver Coins and New Zealand Silver Coins Weight Conversion and Melt Value Calculators.

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