GOLD: Au: £3,133.67 SILVER: Ag: £46.30 PLATINUM: Pt: £1,309.94 PALLADIUM: Pd: £897.04
GOLD: Au: $4,142.83 SILVER: Ag: $61.19 PLATINUM: Pt: $1,730.95 PALLADIUM: Pd: $1,185.05
GOLD: Au: €3,692.57 SILVER: Ag: €54.55 PLATINUM: Pt: €1,543.10 PALLADIUM: Pd: €1,056.55
Royal Mint
OFFICIAL DISTRIBUTOR For The Royal Mint
LBMA
MEMBER OF THE LBMA Independent Authority for precious metals
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04/06/2026 - Important Update

Selling precious metals under the value of £1,500 will incur a £20 + VAT handling fee.

Visiting our offices: to avoid significant wait times, new customers are strongly advised to open their Gerrards Bullion accounts prior to visiting our offices.

Scrap silver prices

Looking to sell scrap silver jewellery or silverware? See our scrap silver prices below to find out how much your silver is worth.

Prices are updated in realtime (each minute) based on the Live Silver Price in GBP. You can also use our Online Calculator for a detailed estimate.

Today's Scrap Silver Prices

Live Silver Price
£46.13 /g
Item We Pay / gram
Coin Silver 500 £ 0.620
Lo-fineness Silver 700 £ 0.870
European Silver 800 £ 1.000
Scandinavian Silver 830 £ 1.040
Item We Pay / gram
Continental Silver 835 £ 1.050
Sterling Silver 925 £ 1.190
Britannia Silver 958 £ 1.230
Fine Silver 999 £ 1.280

How to sell to us

Step 1

Get an estimate

Use our Online Calculator to see what your items are worth at today's prices. It fills in your postal form for you.

Step 2

Send your items

Post to us by Royal Mail Special Delivery with your form and ID documents, or bring them to our Hatton Garden counter.

Step 3

Get paid

We test, weigh and confirm your valuation, then pay you the same day by bank transfer.

Want to know what your items are worth?

Use our Online Calculator to get an instant, no-obligation estimate based on the weight and type of your items. It fills in your postal form for you when you're done.

Get Your Estimate

What type of silver we buy?

We buy any type of silver jewellery (old, new or broken), bars and bullion coins. We also buy from jewellers workshops (lemels and sweeps) and industrial sources.

We also buy gold, platinum and palladium.

You can also come to our London Hatton Garden office for a free valuation in person.

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Frequently Asked Questions

What is the difference between silver and sterling silver?

Pure silver (also called fine silver) is 999 parts per thousand silver. Sterling silver is 925 parts per thousand — an alloy that includes 7.5% other metals for durability. Sterling silver is the most common form found in jewellery and silverware. Both have value and we buy both.

Is all 925 silver hallmarked?

Most sterling silver items carry a hallmark, but not all. Older items, foreign pieces, or items below the hallmarking weight threshold may not be marked. We can test and verify the purity of unhallmarked items at our office.

How do I know if my silverware is real silver?

Look for hallmarks — a lion passant (walking lion) indicates sterling silver. You can also check for stamps reading 925, 800, or EPNS (which means electroplated, not solid silver). If unsure, bring your items to our Hatton Garden office for a free valuation and we will test them for you.

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