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Want to sell your Scrap Silver?

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Updated: June 2, 2025
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What is Silver?

Silver is presented as Ag in the periodic table, and it is valued due to its decorative beauty and electrical conductivity. Silver is well known for its electrical and thermal conductivity as well as being an alloy for elements such as nickel or palladium. Alloys that include silver are tougher, harder, and more fusible compared to pure silver. This makes it good for making jewellery that lasts. It tarnishes slowly in the air as the sulfur compounds react with the surface forming black silver sulfide. This can easily be reversed by polishing, bringing the items back to their shiny appearance. It is commonly crafted for its beauty into fine jewellery and silverware. Sterling silver (an alloy of 92.5% silver, blended with copper and other metals) gives a lustrous appearance to coins, jewellery, and silverware. Pure silver is slightly harder than gold but still very ductile and malleable. This makes it a natural choice for dental fillings. Silver is the most reflective metal and because of that is used in solar panels and mirrors.

Where To Sell Scrap Silver

We buy a large range of scrap silver, both online and via our showroom in Birmingham’s Jewellery Quarter. We test all metals onsite and can supply an immediate quote on what we are able to pay on the day on your silver scrap and bullion. We buy all forms of silver, from broken, unwanted jewellery to bullion coins and bars.

Best Place To Sell Silver

Lois Bullion is one of the UK’s largest buyers of scrap silver. Our specialist silver buying team aim to pay you the best possible prices for your silver, whether it’s in person or if you choose to post it to us.

Selling Your Silver To Lois Bullion

Step 1

Try our online calculator to get an estimate price for your items and order a free pre-paid postage pack.

Step 2

Fill out the form and package your items securely in the packaging provided. Post your item at the post office free of charge.

Step 3

We receive your items, calculate a price, and provide you with a quote.

Step 4

Once you accept the price, we will arrange an immediate bank transfer into your account.

Scrap Calculator

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The prices advertised, calculated with our scrap calculator, are exactly what we're paying today for your precious metals, ensuring transparency and fairness. *

Current Scrap Prices

Figures accurate as of: June 2, 2025
Scrap Gold

Current Gold Prices

  • 9ct Scrap Gold – £28.13 per gram
  • 14ct Scrap Gold – £43.73 per gram
  • 15ct Scrap Gold – £46.88 per gram
  • 18ct Scrap Gold – £56.26 per gram
  • 21ct Scrap Gold – £65.64 per gram
  • 22ct Scrap Gold – £68.77 per gram
  • 24ct Scrap Gold – £75.01 per gram
  • Rolled Gold – £0.25 per gram
Scrap Silver

Current Silver Prices

  • Silver .999 – £0.71 per gram
  • Silver .925 – £0.65 per gram
  • Silver .900 – £0.64 per gram
  • Silver .800 – £0.56 per gram
  • Silver .500 – £0.35 per gram
  • Silver 1 Oz – £23.18 per ounce
Scrap Platinum

Current Platinum Prices

  • Platinum .999 – £22.14 per gram
  • Platinum .950 – £21.25 per gram
  • Platinum .900 – £20.13 per gram

Current Palladium Price

  • Palladium – £19.13 per gram
Krugerrands

Krugerrands & Britannias

  • Full Krugerrand – £2419.65
  • Half Krugerrand – £1209.82
  • Quarter Krugerrand – £604.91
  • 1/10th Krugerrand – £241.96
Sovereigns

Sovereigns

  • Quintuple Sovereign – £2845.39
  • Double Sovereign – £1138.16
  • Full Sovereign – £569.08
  • Half Sovereign – £284.54
  • Quarter Sovereign – £142.27
  • 1/8th Sovereign – £71.13
24ct Gold Bars

24ct Gold Bars

  • Kilo gold bar – £77793.16
  • 1 Oz gold bar – £2419.64
  • 100 gram gold bar – £7779.32
  • 10 gram gold bar – £777.93
  • 1 gram bar – £77.79
  • Any other sizes – £77.79 per gram

Frequently Asked Questions

Common Questions about Selling Silver

Selling your silver online to Lois Bullion is quick and straightforward. You have two convenient options to choose from:

  1. Use our free seller pack
    Request a free seller pack and securely send your silver to us. Once we receive your items, our experts will assess them and provide you with a valuation and instant payment.
  2. Post your items directly
    Alternatively, you can post your silver directly to our shop using your own method. To do this, fill in our sell precious metals form to include all necessary details with your parcel.

Get started today and turn your silver into cash with ease!

How to Easily Sell Your Gold & Silver for Cash Online | Lois Bullion #GoldShop #Birmingham #UK

Step-by-Step Guide to Selling Gold & Silver Online with Lois Bullion

Yes, you can sell your silver in person at our Birmingham shop. We offer free, secure parking at the rear of the shop, and no appointment is needed.

  • Address:
    • 41 Frederick Street
      Jewellery Quarter
      Birmingham
      B1 3HN
      United Kingdom
  • Open Hours:
    • Monday to Friday: 9 AM – 5 PM
    • Saturday: 9:30 AM – 2:30 PM

Bring your silver to our Birmingham shop for a quick, expert valuation and walk away with the best prices paid on the spot!

Birmingham Gold Shop & Precious Metals Trading | Visit Lois Bullion #JewelleryQuarter #GoldTrading

Visit Our Birmingham Scrap Silver Shop

We buy a wide range of silver items, including:

  • Silver Coins: Old UK coins, commemorative coins, proof sets, and bullion coins.
  • Silver Jewellery: Chains, bracelets, rings, pendants, and more.
  • Silver Bars & Bullion: Investment bars, ingots, and fine silver bullion.
  • Silverware & Tableware: Cutlery, knives, forks, spoons, trays, candlesticks, and antique silverware.
  • Miscellaneous Silver Items: Ornaments, picture frames, cigarette cases, hallmarked, and unhallmarked silver.
  • Silversmith Workshop Materials: Lemel (dust and filings), sweeps, shavings, offcuts from silverwork, and silver wire.

Use our scrap silver calculator to find out your item’s worth in seconds.

As of June 2, 2025, we are currently paying the following prices per gram for scrap silver in the UK:

  • 999 Silver (Fine Silver): £0.71 per gram.
  • 925 Sterling Silver: £0.65 per gram.
  • 900 Silver: £0.64 per gram.
  • 800 Silver: £0.56 per gram.
  • 500 Silver: £0.35 per gram.

Our rates are updated daily to match market trends, so you always get the best deal for your silver. Try our scrap silver calculator to see its value instantly.

Yes, we buy silver in all weights and quantities, from the smallest piece to large collections. No amount is too small or too large for us to purchase.

Here are some of the weights we purchase:

  • Silver in Grams: 1g, 5g, 10g, 50g, 100g, 500g
  • Silver in Ounces: 1/10oz, 1/4oz, 1/2oz, 1oz, 5oz, 10oz, 100oz
  • Silver in Kilograms: 1kg, 5kg, 10kg, 20kg, 50kg

We make selling silver easy, regardless of its type or condition. Use our scrap silver calculator to see its worth today.

Yes, you can easily calculate the value of your silver bullion with our silver value calculator.

  • Choose Silver .999 (indicating the fineness) from the calculator options.
  • Enter the weight of your silver bullion in grams.
  • Instantly see the competitive price we’re offering, updated daily with the latest market rates.

Get an accurate valuation of your silver bullion today with our easy-to-use calculator.

Yes, we do buy old silver coins. Some of the common coins we handle are pre-1920 and pre-1947 British coins, such as crowns, shillings, florins, sixpences, threepences, half-crowns, and silver pennies. The value of your coins is based on their silver content, weight, and the current market price for silver.

As of June 2, 2025, we are paying £0.65 per gram for pre-1920 British silver coins.

  • These coins contain 92.5% silver.
  • Their exact value depends on the weight of your coins and the current market price.

To calculate their worth, simply use our scrap silver calculator. Select ‘Silver .925’, enter the total weight of your coins in grams, and the calculator will instantly show how much we’re paying.

As of June 2, 2025, we are paying £0.35 per gram for pre-1947 British silver coins.

  • These coins contain 50% silver.
  • Their exact value depends on the weight of your coins and the current market price.

To calculate their worth, simply use our scrap silver calculator. Select ‘Silver .500’, enter the total weight of your coins in grams, and the calculator will instantly show how much we’re paying.

Pre-decimal coins were the British currency used before 1971, back when the system was based on pounds, shillings, and pence (£, s, d). This system included coins like crowns, florins, shillings, and sixpences. Many of these coins, especially those minted before 1920, are valuable due to their silver content.

  • Pre-1920 coins contain 92.5% sterling silver.
  • Pre-1947 coins contain 50% silver.

We buy these coins for their silver value. Easily estimate their worth with our silver calculator. Just select the coin’s silver type, enter the weight, and view your estimate instantly.

As of June 2, 2025, we are paying £0.71 per gram for 999 silver.

To check how much your silver is worth, simply choose ‘Silver .999’ on our scrap silver calculator and enter the weight in grams. The calculator will instantly show how much we’re paying.

As of June 2, 2025, we are paying £0.65 per gram for 925 sterling silver.

To find out how much your silver is worth, select ‘Silver .925’ on our scrap silver calculator and input the weight in grams. The calculator will instantly display the amount we’re paying.

As of June 2, 2025, we are paying £0.64 per gram for 900 silver.

To find out how much your silver is worth, simply select ‘Silver .900’ on our scrap silver calculator and enter the weight in grams. The calculator will instantly display the amount we’re currently paying for it.

As of June 2, 2025, we are paying £0.56 per gram for 800 silver.

To check how much your silver is worth, simply choose ‘Silver .800’ on our scrap silver calculator and enter the weight in grams. The calculator will instantly show how much we’re paying.

As of June 2, 2025, we are paying £0.35 per gram for 500 silver.

To check how much your silver is worth, simply choose ‘Silver .500’ on our scrap silver calculator and enter the weight in grams. The calculator will instantly show how much we’re paying.

As of June 2, 2025, the price we are paying for 1 troy ounce of .999 silver is £23.18.

To check the value of your silver, simply use our scrap silver calculator and select ‘Silver 1 Ounce’. Enter the weight in ounces, and the calculator will instantly display how much we’re paying.

As of June 2, 2025, the price we are paying for a 100 oz 999 fine silver bar is £2,318.00.

To check the value of your silver, simply use our scrap silver calculator and select ‘Silver 1 Ounce’. Enter the weight in ounces, and the calculator will instantly display how much we’re paying.

A troy ounce weighs 31.1035 grams, while a regular ounce (also called an avoirdupois ounce) is lighter at 28.3495 grams.

As of June 2, 2025, here’s how much we are paying for .999 silver per troy ounce and regular ounce:

  • 1 troy ounce (31.1035 grams): £23.18
  • 1 regular ounce (28.3495 grams): £20.13

Precious metals like silver and gold are always measured in troy ounces, a standard that originated in Roman times, gained prominence in medieval trade fairs in Troyes, France, and was officially standardised for trading by the English Crown in the 15th century.

Selling scrap silver for the best price is simple with Lois Bullion’s expert services.

Choose Lois Bullion for reliable service and competitive payouts!

Lois Bullion is a leading scrap silver buyer in the UK, offering competitive payouts and easy selling options.

Selling silver has never been simpler. Get started with Lois Bullion today!

You can easily calculate the value of your silver bar using our scrap silver calculator. Enter the weight and select purity of your bar to get an instant estimate based on the latest silver prices.

Yes, we buy second-hand silver bars in any condition or quantity. Here’s how you can sell to us:

  1. Visit us in Birmingham
    Sell your silver in person at our Jewellery Quarter shop. Free, secure parking—no appointment needed.
  2. Request a free seller pack
    Order a free seller pack to securely send your silver. We’ll assess your items and provide a valuation with instant payment.
  3. Post your items directly
    Use your own method to send your silver. Complete our sell precious metals form to include all necessary details.

Get started today and turn your silver into cash quickly and easily!

As of June 2, 2025, here are the current prices we’re paying for scrap silver:

  • 999 Silver (Fine Silver): £0.71 per gram.
  • 925 Sterling Silver: £0.65 per gram.
  • 900 Silver: £0.64 per gram.
  • 800 Silver: £0.56 per gram.
  • 500 Silver: £0.35 per gram.
  • Per Ounce (999 Silver): £23.18.

We update our rates daily to reflect market trends, ensuring you always get the best value for your silver. Use our scrap silver calculator to find out its worth in seconds.

Yes, we buy all types of silver cutlery, including old, antique, vintage, broken, hallmarked, and unhallmarked (or non-hallmarked) pieces. Our experts assess the value based on silver content, weight, and current market prices to ensure you get a competitive offer.

How to Sell Your Silver Cutlery:

Pick the option that suits you best and enjoy top value for your silver cutlery today!

Yes, you can post your silver cutlery in an envelope. Here are your options:

  • Use Our Free Seller Pack
    Request a free seller pack to securely send your cutlery to us. Once it arrives, our experts will assess your items, offer a valuation, and arrange instant payment.
  • Use Your Own Packaging to Send Silver
    Use your own packaging to send your cutlery to us. Simply fill out our sell precious metals form, include it with your parcel to provide the necessary details, and post it securely. Our team will evaluate your items upon arrival and process your payment promptly.

Choose the method that works best for you and get a great price for your silver cutlery today!

Best Prices Paid In the UK !

We buy gold, silver & jewellery! At Lois Bullion, we transform your scrap into cash. With the best prices paid in the UK, it's time to dust off those old treasures and give them a new lease on life.

Simply order a FREE seller pack from our website www.lois-bullion.com. It includes a pre-paid insured envelope for up to £2,500 and step-by-step instructions to send your items securely to us.

We've already disbursed over £180 million to our happy clients, and your precious items could be next in line for a generous payout.

  • Turn Scrap into Cash
  • Fast Payment
  • Paid out £180 million+
We buy gold, silver & jewellery. Best prices paid in the UK!
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Lois Bullion
sales@lois-bullion.com
41 Frederick St
Birmingham West Midlands B1 3HN United Kingdom
+44 121 212 1715
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