The WorkbenchPricing
Scrap & Melt Estimator
Karat weight to honest melt value — melting loss, refining and assay shown line by line.
Start from a typical lot
The scrap
Tap the metal and the hallmark purity — Custom takes any stamped fineness or tunch.
Metal
Purity
Weigh the lot exactly as it goes to the furnace — clasps, springs and solder melt in with it.
Ask your refiner or check a rates app — we remember it for your next visit.
Your settlement appears here
Tap the metal and purity — or start from a typical lot above — then the weight and today's rate, and the full settlement appears: fine metal, gross value, and every cut the refiner takes.
This bench has no furnace and buys nothing — that’s the point. No number here leans toward any refiner’s offer.
Batch melt — the whole tray
Paste a stock list — sku, weight, purity — and get the lot's total melt value, a per-piece table, and a CSV for the stock register.
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The refiner book
Save each refiner's cut structure by name and compare two refiners on the same lot before you choose the furnace.
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Sellers also ask
How much gold is lost when melting old jewellery?
A fair refiner loses 1–3% in melting and testing, plus a refining charge of 1–3% and a small assay fee. On a 22K piece you also drop from gross weight to fine metal (91.6%). This estimator shows every line so you know the honest melt value before you commit.
Is it better to melt old jewellery or sell it?
If a buyer offers more than the melt value this tool shows, selling the piece as-is wins — melting only beats selling when offers fall below the fine-metal worth after losses. The break-even line makes that call for you.
What is tunch in gold jewellery?
Tunch is the purity figure the refiner tests your lot at, written as a percentage of pure metal — 91.6 tunch is the same as a 916 stamp. Old, worn or heavily soldered pieces can test a little below their stamp, because solder is lower-karat metal. Tap Custom purity here, switch the basis to Tunch %, and type his figure — the fine metal and the settlement reprice on it.
How much is 925 silver scrap worth?
Start from 92.5% of today's 999 silver rate — a 100 g sterling lot holds 92.5 g of fine silver — then take off the melting loss, the refining charge and the flat assay fee. That flat fee is charged once per lot whatever it weighs, so it hurts small silver lots most. This estimator prices silver at 925, 800 or 999, and flags when you are keeping under 88% of gross value.
My old gold weight is in tola or pavan — what do I enter here?
Enter grams — the weight step takes grams only. One tola is 11.6638 g, and one pavan or sovereign is 8 g by Kerala and Tamil Nadu convention; the free tola converter on this hub does the sums. Weigh the lot exactly as it goes to the furnace: clasps, springs and solder all melt in with it, so they belong in the gross weight.
Should I remove stones before selling gold jewellery for melting?
Yes — take them out first. Stones burn or shatter in the furnace, their weight is not metal anyone pays you for, and refiners raise the melting-loss line to cover the mess. If you tick "Stones still set" here, melting loss holds at a 4% minimum instead of the usual 2%, so you can see what leaving them in costs before you commit the lot.
Is this melt value calculator free, and can it price a whole tray at once?
Every estimate is free with no daily limit, on gold and silver, plus the melt slip PDF in its three free designs. Pricing a whole tray at once is part of Tools Pro: paste a stock list of code, weight and purity, get the lot's settlement, and save it as a CSV file for your stock register. Pro also adds five more slip designs, a book of refiners with two compared on the same lot, and the break-even line.