I've noticed a trend among sellers of solid sterling silverware to list a silver "scrap" value. This is supposed to be what the raw metal would be worth to a refiner or re-cycler. The majority of values appear to be overstated. Here's an idea of how to figure a more realistic silver value, based on my experience in selling to precious metals dealers.

Most postage scales weigh in avoirdupois (av) ounces. Precious metals go by troy ounces, so take your weight and multiply by .911. Now multiply by .925, which is the approximate purity of sterling silver. My smelter pays 88%, so again multiply by .88. Finally, check the current spot price of silver, kitco.com is a good reference, and multiply once more. This should be close to actual, but still a bit overstated. You will incur shipping charges, you may lose a little in the actual assay (impurities taken out), and your refiner may have additional processing fees.

Remember that this applies to solid sterling silverware only. Place knives have stainless blades and weighted handles, resulting in very little scrap value. Most modern comports, candles, and footed bowls are reinforced with a waxy filler that must be removed prior to re-cycling. Tin snips and heavy pliers may work, but this can be dangerous and protective gear must be worn.