what is the price of scrap silver per ounce

[VonGabrielle]

Based on the provided information, the price of scrap silver per ounce varies depending on its purity or fineness. The market data indicates different values for common types of silver alloys.

Pure silver, with a fineness of .999, is valued at $23.33 per ounce. For alloys with a lower silver content, the price is adjusted accordingly. Sterling silver, which is composed of 92.5% pure silver (.925 fineness), has a scrap value of $21.50 per ounce. Coin silver, typically with a 90% purity (.900 fineness), is priced at $21.00 per ounce.

It is also noted that the silver market can experience significant fluctuations. Due to what one source describes as "unprecedented silver market conditions," these prices are subject to change. Therefore, the provided values should be considered a snapshot in time, and it may be necessary to contact a precious metal refiner directly for the most current pricing and refining terms before initiating a transaction.