Silver Price & Valuation Guide
UK silver value starts from the global spot price for fine silver (quoted in GBP per troy ounce and per gram). What you receive when you sell is always below a full spot-based melt for sterling, because buyers cover refining, assay, and margin. This guide explains that mechanics—it is not our published scrap price list. For Mozeris scrap sterling pricing (£/g and £/oz), use what scrap silver is worth. For gram, ounce, or kilo questions, use the dedicated pages linked below.
- Spot = wholesale benchmark for fine silver; your payout depends on purity, weight, and the buyer’s published rate—not the headline spot alone.
- Sterling (925) is 92.5% silver; antique, designer, or complete sets can exceed scrap if there is resale demand.
- Ready to sell? Sell your silver (hub) or WhatsApp for a no-obligation valuation.
Get Your Silver Valued Free
Send photos and details for a no-obligation valuation. We respond quickly and pay competitive prices.
What Affects Silver Prices?
UK silver prices are driven by the international spot price, purity, and the form of your items. Use our silver per gram and silver per ounce pages for more detail on current rates.
Global spot price
The international silver price (XAG) in USD and GBP sets the baseline. It changes through the trading day.
Purity & hallmarks
Sterling (925), fine (999), and other grades have different silver content. Silver purity marks confirm what you have.
Weight
Value is calculated from weight and purity. Heavier sterling items are worth more than lighter ones at the same purity.
Form & collectability
Antique silver, complete sets, or pieces by sought-after makers can command more than scrap value.
Spot Price vs What You Receive When Selling
The spot price is the wholesale benchmark for fine (999) silver. Almost no private seller receives “full spot” for sterling items, because:
- Purity: Sterling (925) contains 92.5% silver—value scales from that metal content.
- Refining & assay: Melting, refining, XRF or acid testing, and margin are built into the buyer’s £/g offer.
- Published rates: Serious buyers should show a clear £/g or £/oz for scrap sterling. Mozeris publishes ours on the scrap silver value page—this valuation guide deliberately does not duplicate those figures so the numbers stay in one canonical place.
Transparent pricing
We quote from weight and tested purity. For our current scrap sterling rate and tables, open scrap silver value; for a firm offer on your items, use Sell your silver or the form on this page.
Scrap Silver vs Collectable Silver
Scrap silver is sold mainly for melt: broken jewellery, odd spoons, damaged chains, worn flatware. Collectable or antique silver may be worth more than scrap if makers, patterns, or completeness matter. This guide explains concepts only—for scrap £/g payouts and examples, read what is the value of scrap silver. For cutlery specifically, see the silver flatware value guide.
Sterling Silver (925) in Plain Terms
Sterling silver (925) is 92.5% pure silver—the standard for most UK jewellery and tableware. Its metal value moves with the silver market; its selling price is whatever a buyer publishes per gram after their costs. Confirm solid sterling with purity marks and authenticity checks. For Mozeris scrap sterling pricing, use scrap silver value; for “how much is 1g / 1oz?”, use those dedicated pages in related guides.
Britannia (958) vs sterling (925)
Britannia silver is hallmarked at 958 parts per thousand (95.8% silver)—higher fineness than sterling. You will usually see the Britannia figure and/or the numeral 958 in the hallmark row. It is less common on everyday modern flatware than 925, but appears on many higher-grade historic English pieces. For scrap math, more fine silver per gram means a slightly higher metal value than the same weight in 925, if the buyer prices each fineness separately (always confirmed by testing). Our published sterling scrap band on the scrap page is framed around 925; Britannia and other grades are quoted after assay. Deeper comparison: Britannia vs sterling.
How Mozeris Values Your Silver
We weigh your items, check hallmarks and purity (XRF or other testing as needed), then quote a clear £ amount—no hidden deductions. You can visit Mayfair or Braintree by appointment, use insured post, or arrange home collection where available. The commercial entry point is Sell your silver; this article is the “why and how” behind pricing.
Frequently Asked Questions
There are two different ideas: (1) Spot per gram for fine silver—the exchange-traded benchmark. (2) What a buyer pays you per gram for sterling scrap, which is always lower than “full spot” on 925 after refining and margin. For Mozeris’s published scrap sterling rate (£0.80/g), see scrap silver value. For the “1 gram” question only, see how much is 1g of silver worth.
Professionals use the troy ounce (31.1035 g). Headline silver charts show spot for fine metal; your sterling items are valued from 92.5% silver content and a buyer’s £/g rate. Use how much is 1 oz of silver worth today for the ounce-focused explanation and Mozeris equivalents.
Spot reflects bulk fine silver. Sellers pay for refining, testing, insurance, and a sustainable margin—so consumer-facing £/g for 925 is below a naive “spot × 92.5%” calculation. Mozeris states its scrap sterling rate on scrap silver value and confirms your offer after weighing and testing.
By weight, tested purity (925, 999, etc.), and the buyer’s published rate. That topic is covered end-to-end on what is the value of scrap silver so it does not compete with this overview.
Ready to Sell Your Silver?
Free valuation, published scrap rates on our scrap page, and same-day payment when you accept (by appointment). Get in touch today.