what is the scrap price of sterling silver today

[AlexaRose]

Hello there! That's a great question, as silver prices can change quite a bit.

Based on the information from June 4, 2024, at 10:14 AM EST, the scrap price for sterling silver (.925) was $24.23 per troy ounce. This was based on a live silver spot price of $28.31 at the time. The price was also quoted as $0.78 per gram and $1.21 per pennyweight (DWT).

It's also important to note that the market can be very active. One of the sources mentions "unprecedented silver market conditions" and advises people to contact their sales representatives directly for the most current refining terms. This suggests that the final price you get can vary between different buyers and depends on their specific policies.

So, while these numbers give you a very solid estimate, it's always a good idea to contact a precious metal refiner or a local coin shop directly to get their exact, up-to-the-minute quote before you decide to sell.