Old silver exchange value
What a jeweller is likely to pay for old silver — anklets, vessels, coins — once fineness and melting loss are accounted for.
g
Fineness
Rate used · ₹245 / g · at 999 fine
%
Usually higher than for gold, since refining silver loses more — often 10% to 25%
- Metal value
- ₹22,685
- Less deduction
- − ₹3,403
- You receive
- ₹19,282
An estimate. Unmarked silver is assayed at the counter and may test lower than you expect, and deductions differ between shops. Ask for the fineness and the deduction in writing before handing anything over.