"Sterling silver" refers to the purity of a particular silver object - specifically, sterling silver is 92.5% silver.
Wiki User
∙ 14y agoSterling silver is more valuable than regular silver. Sterling silver is made up of 92.5% silver and 7.5% of other metals, which increases its durability and value compared to pure silver.
Sterling silver contains 92.5% of mass silver and 7.5% by mass of other metals, often Copper. Sterling Silver is often mistaken for pure Silver, when it is actually a Silver alloy.
Is English silver worth the same as sterling silver
Yes, sterling silver is worth lots of money. "Sterling" refers to a high degree of purity. The value of sterling silver is quite literally the market price for silver, which as the time of this writing is about USD $31.67 per troy ounce.
Sterling Silver is 92.5% pure. Therefore, 1 gram of Sterling Silver contains 0.925g of pure silver. 1 gram of sterling silver is worth: 0.5714 x 0.925 = £0.5285 Rounded up, a gram of sterling silver is worth 53p / gram. As of 20/01/2011, fine silver is priced at £17.7729 / Troy Ounce (source: lbma.org.uk). There are 31.103 grams in a Troy Ounce. Therefore, 1 gram of fine silver is worth: 17.7729 / 31.103 = £0.5714
Basically, yes. Sterling silver means "solid silver, or more properly a solid alloy which is mainly silver". Silver plated means "tin (or aluminium, or iron, or steel, or bronze, or whatever) with a very, very thin coating of silver." ..... Sterling is around 98% solid silver mixed with tiny bit of other metal so that it tarnish less
Pre-1965 U.S. dimes are made of coin silver (900 fine), not sterling silver. In any case your coin is worth about $1 for its silver content.
broach
An ounce of Sterling silver is worth $19.98 in US dollars as of 2/11/14 at 9:37 a.m. This is 12.14 British Pound Sterling.
Yes, sterling silver has value as a precious metal because it contains 92.5% pure silver. The chain's worth will depend on its weight and current market value for silver. You may be able to sell it for its scrap metal value or more if it has additional worth as a piece of jewelry.
The term "sterling silver" actually comes from the "pound sterling," the unit of British currency. British silver coinage was for hundreds of years (excepting various bouts of debasing over the years) 92.5% pure. Thus, "sterling silver," which is 92.5% pure, merely refers to silver which is as pure as the pound sterling. As a historical note, the purity of silver in British coinage was reduced in 1920 to 50% silver, and in 1947, silver was replaced with a cupro-nickel alloy in British "silver" coinage.
First off, they are not sterling silver, sterling silver is 92.5% pure silver, most silver US coins are 90% silver and 10% copper, known occasionally as "coin silver". In average circulated condition, the coin is only worth its silver content, at the time of writing, it is about $5.50 in silver content. If it is in mint-state or otherwise very good condition, it might be worth more than just its silver content if you can find a collector.