Bars, rounds and scrap
Bar, Round and Scrap Melt Calculator
For anything sold by weight: silver bars and rounds, gold bars, sterling flatware or karat gold jewelry. Enter the weight and purity and get the metal value.
Melt value
$525.97
- Pure metal
- 9.9900 oz
Units
Precious metals are weighed in troy ounces. One troy ounce is 31.1034768 grams, a little heavier than a kitchen ounce. A pennyweight (dwt) is 1/20 of a troy ounce and is common for jewelry scrap.
A bar stamped "10 oz .999" holds 9.99 oz of pure silver. Dealers usually price .999 bars and rounds on the stamped weight plus or minus a premium.