Can sterling silver .925 be scrapped like gold can?

Question

If so, what is the average going rate per gram or ounce and how much of it would you need to make some good cash. I have a tone of sterling silver and don't know what to do with it. I know its not as profitable as gold just would like to get an idea of what I am looking at here? Thank you in advance

Answer 1

Spot price on Silver was $17.83US/troy oz today at close.  Multiply that by .925, and subtract a 5% premium, that is about what a silver scrap dealer will pay.   Your mileage may vary.