925 Silver Price Per Ounce
As a precious metal traded on the international commodities market, silver rises and falls in value minute by minute during trading hours. This ever changing value is known as the spot price. Technically, a price agreed for immediate settlement, usually within two days which is measured in dollars per troy ounce. The spot price of pure silver can easily be established by going online and following a few simple steps.
Visit an online site specializing in tracking the prices of commodities such as the ones listed in the Resources section of this article. Simply clicking on the link will take you to the correct page. Find the value of silver per ounce and in dollars displayed in a graph in the opened link. Such graphs show the value of silver over a 24 hour period. Refresh the page for the very latest prices if it does not do so automatically.
Silver holloware and flatware are among the most popular items in the world of antiques and collectibles. Today, many silver items are bought and sold in antique shops, flea markets and online auctions. Before buying or selling a piece made of silver, it’s important to understand its worth. There are several different ways to check a silver piece’s value and determine if a selling price is fair and reasonable.
Sterling Silver Value
Determine if a piece is sterling silver or silver plate by checking the back. Sterling silver pieces are almost always stamped sterling while silver plate pieces may or may not have stamp. Silver is popular with collectors in part because it retains a certain degree of value as a precious metal. Sterling silver is .925 percent pure silver. Silver plate is is made from another base metal, often copper, and then dipped in a sterling silver finish. Silver plate is worth a fraction of what genuine sterling silver is worth.