live silver price · sterling · stamped 925
sterling silver price per pennyweight (dwt) today.
a pennyweight of sterling silver is worth $2.79 in melt value right now, from a silver spot price of $60.36 per troy ounce. a refiner would pay around $2.51, a silver buyer about $2.23 and a pawn shop nearer $1.95.
live spot price · updated Oct 2, 2026, 6:08 PM UTC
melt value
$2.79
refiner ~90%
$2.51
buyer ~80%
$2.23
pawn ~70%
$1.95
the weight
what's in a pennyweight of sterling silver.
- grams
- 1.555 g
- pennyweight
- 1 dwt
- troy ounces
- 0.05 ozt
- tola
- 0.133 tola
- grains
- 24 gr
- pure silver
- 1.439 g (92.5%)
a pennyweight is 1.555 grams, one twentieth of a troy ounce. it's the unit american gold buyers, pawn shops, refiners and casting suppliers weigh and quote in, so a price per dwt is the number you'll hear over the counter.
sterling is sold by weight as jewelry, flatware and hollowware. watch for weighted pieces: candlesticks and some bowls are filled with pitch or cement, and table knives usually have stainless blades in hollow sterling handles, so only part of the weight is silver.
for scale, that's roughly a light pair of sterling studs, which is around 1 dwt. weights vary with size, width and whether a piece is hollow, so weigh yours.
sterling silver is 92.5% silver, so a pennyweight holds 1.44 g of pure silver, worth $1.80 a gram of sterling or $1.94 a gram of pure silver today.
nearby weights
sterling silver value around 1 pennyweight.
melt value is what the silver itself is worth. the other columns are what a refiner, a buyer and a pawn shop typically offer.
| weight | melt value | refiner ~90% | buyer ~80% | pawn ~70% |
|---|---|---|---|---|
| 1 dwt (1.56 g) | $2.79 | $2.51 | $2.23 | $1.95 |
| 2 dwt (3.11 g) | $5.58 | $5.02 | $4.47 | $3.91 |
| 3 dwt (4.67 g) | $8.37 | $7.54 | $6.70 | $5.86 |
| 5 dwt (7.78 g) | $13.96 | $12.56 | $11.17 | $9.77 |
| 10 dwt (15.55 g) | $27.92 | $25.12 | $22.33 | $19.54 |
| 20 dwt (31.1 g) | $55.83 | $50.25 | $44.67 | $39.08 |
every fineness
1 pennyweight of silver in every fineness.
the same weight is worth more or less depending on how much pure silver is in it. 5 common finenesses, from the stamp inside the piece.
| grade | stamp | purity | melt value |
|---|---|---|---|
| fine .999 | 999 | 99.9% | $3.01 |
| britannia | 958 | 95.8% | $2.89 |
| sterling | 925 | 92.5% | $2.79 |
| coin .900 | 900 | 90.0% | $2.72 |
| 800 silver | 800 | 80.0% | $2.41 |
in other metals, 1 pennyweight of 14k gold is worth $120.73 and 950 platinum is worth $80.37.
other currencies
1 pennyweight of sterling silver in pounds, euros, rupees and dirhams.
| currency | melt value | per gram |
|---|---|---|
| US dollar (USD) | $2.79 | $1.80 |
| British pound (GBP) | £2.11 | £1.36 |
| euro (EUR) | €2.49 | €1.60 |
| Canadian dollar (CAD) | CA$3.98 | CA$2.56 |
| Australian dollar (AUD) | A$4.02 | A$2.59 |
| Indian rupee (INR) | ₹268.89 | ₹172.90 |
| UAE dirham (AED) | AED 10.25 | AED 6.59 |
converted at the european central bank reference rates for 2026-10-02; the dirham uses its fixed peg of 3.6725 to the dollar. local shop prices add tax, duty and the dealer's margin on top of melt value.
calculator
weigh yours and check the number.
refiners and buyers pay a spread below melt. drop the payout to estimate a real offer, not the theoretical melt value.
melt value
$2.79
- .925 price per gram
- $1.80
- purity
- 92.5%
- weight
- 1.56 g
melt value only: the worth of the raw silver. it excludes stones, craftsmanship, and brand. a finished piece is usually worth more than its melt.
silver price per gram, by fineness
| fineness | stamp | purity | per gram |
|---|---|---|---|
| fine .999 | 999 | 99.9% | $1.94 |
| britannia | 958 | 95.8% | $1.86 |
| sterling | 925 | 92.5% | $1.80 |
| coin .900 | 900 | 90.0% | $1.75 |
| 800 silver | 800 | 80.0% | $1.55 |
questions
1 pennyweight of sterling, answered.
the price per gram lives on the silver scrap calculator page. found a 925 stamp and not sure it's genuine? the 925 hallmark guide covers how to check. and if you make what you sell, here's how to photograph it.
for jewelers, not scrappers
a finished piece is worth more than its silver.
bling ai turns a phone photo of your jewelry into a campaign-ready shot, so buyers pay for the piece, not the melt.