How we value silver

How GoldPaid values silver by post

Free return if you decline. We aim to pay within one working hour of acceptance.

GoldPaid is a UK-wide postal gold and silver buying service with no shop. This page explains how a silver offer is worked out, and what is deducted from silver weight before anything is paid, so there are no surprises when the written offer arrives. Send a photo on WhatsApp first for a rough estimate.

Send a photo on WhatsApp for a rough estimate where possible, or arrange to post your items for assessment. We confirm our purchase offer after inspection, and you decide whether to accept. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

Free Special Delivery label, usually within 30 minutesPurity tested in-house by X-ray (XRF)

Guidance last reviewed · GoldPaid. Rates are updated separately; each rate table on this page carries its own date.

How does GoldPaid value silver?A silver offer is driven by weight and by how much of that weight is actually silver. Each item is XRF-tested to confirm the standard, sterling, fine or continental 800, weighed, and the payable silver weight is worked out once weighted bases, filled handles and non-silver fittings have been taken out. Pieces worth more as objects than as metal are assessed separately and above the metal figure. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

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Before you post

The questions people ask before they send anything, answered here rather than at the end of the page.

Can I ask first?
Yes. WhatsApp a photo to 07944 014111, 8am to 9pm, every day, and we reply with an idea of what it is worth. Nothing is posted until you decide.
Is it safe to post?
Your parcel travels by Royal Mail Special Delivery, tracked and signed for. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post.
How is it tested?
Your parcel is signed for on arrival and opened at our Bristol office, where each item is weighed and tested with an XRF analyser, an X-ray test that reads the metal without marking it. Your written offer lists each piece with its weight, purity and figure.
What if I say no?
We return everything by Royal Mail Special Delivery at our cost. Saying no costs you nothing.
When am I paid?
Only if you accept the written offer. We pay by bank transfer (Faster Payments), and we aim to pay within one working hour of your acceptance.
How long does an offer last?
Each written offer is dated and holds for a limited time, because metal prices move. If it lapses, we re-run it at that day’s rate.
Who am I dealing with?
GOLDPAID LTD, registered in England and Wales, run by founder Rocco Clayfield. Our office is at Unit 217, Bristol Business Centre, 179 Whiteladies Road, Clifton, Bristol BS8 2AG. We are postal only, so there is no counter to visit. Before we pay, we ask every seller for a photo of their passport or driving licence.

Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

Worn silver forks, spoons and knives with small stamps on the handles, on slate

Ask before you post, always

You never have to commit to anything to start. Message us on WhatsApp or call, tell us roughly what you have, and send a few clear photos for a quick indicative figure. Nothing leaves your hands until you decide it should, and there is no obligation even then.

GoldPaid is a UK-wide postal gold and silver buying service. Wherever you are, you sell silver by post with a free tracked Royal Mail label. There is no shop to visit and no counter pressure.

How a silver offer is worked out

A silver offer rests on three measured things, and none of them is hidden from you. The standard of the silver, confirmed by XRF assay rather than taken from the stamp. The payable silver weight, which is the weight of actual silver once everything that is not silver has been taken out of the reckoning. And the live precious-metal market on the day your items are assessed, since silver moves every trading day. Every one of those appears in the written breakdown you read before you decide anything.

Silver is worth far less per gram than gold, so quantity does more of the work than purity. That is why a single sterling chain rarely justifies the postage while a canteen of cutlery, a tea service or a few hundred grams of 925 jewellery usually does. If your silver is not worth posting, you are told so before you send it, not after.

The written offer applies to the payable silver weight we measure, and it is not an offer on your items until they have been tested. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

What counts as payable silver weight

This is the part that catches silver sellers out, and it matters far more on silver than it does on gold. The number that sets your figure is not the number on the kitchen scales. It is the payable silver weight: the weight of actual silver, once everything that is not silver has been taken out of the reckoning.

  • Weighted and loaded bases. Candlesticks, salt cellars, some trophies and many small stands are built on a silver shell filled with pitch, plaster of Paris, resin or sand for stability. The hallmark applies to the shell, not the filling. On a loaded candlestick the recoverable silver is commonly somewhere between a tenth and a third of the gross weight.
  • Filled knife handles. A silver-handled table knife usually has a stainless or plated blade and a handle packed with resin or pitch. The blade and the filling are not payable. Sell silver cutlery and canteens goes through this set by set.
  • Non-silver findings. Steel pins, springs, screw fittings, magnetic clasps, watch parts and base-metal hinges are separated out. If a clasp sticks to a magnet, it is not silver.
  • Liners, felt and baize. Glass liners in salts and mustard pots, felt pads on the bases of trays and salvers, baize inside a canteen box and wooden or resin handles on teapots and coffee pots all come off the weight.
  • Stones, enamel and non-metal decoration. Set stones, enamel panels, mother of pearl and tortoiseshell are not silver and are accounted for separately.

None of this is a reason to hold anything back, and none of it needs sorting or dismantling before you post. It is a reason to expect a written breakdown that shows gross weight and payable silver weight as two separate figures, which is what you get here. If a piece turns out to be plated rather than solid, we say so plainly and return it free rather than quietly discounting it. Tarnish, dents, missing pieces and old repairs change none of the metal content, so there is no need to clean or polish anything first.

Silver that is worth more than its metal

Not every piece of silver should be valued by weight, and a buyer who only knows how to weigh things is the wrong buyer for some of what comes out of a house. Where a piece is worth more as an object than as metal, it is assessed by hand and valued separately, above the metal figure.

  • Early hallmarked pieces. Georgian and Victorian hallmarked silver, where the date letter, the assay office mark and the condition of the piece carry value in their own right. The hallmarking page explains the marks and what GoldPaid does and does not claim about them.
  • Named makers. A recognised maker’s mark can lift a piece well clear of its metal value. Arts and Crafts, Liberty, Scandinavian and studio silver are all valued on the name and the design, not the gram.
  • Complete canteens. A full canteen in one pattern, with matching date letters and its original box, is worth more intact than melted. A broken-up part set usually is not, which is exactly why it is worth sending the whole thing together.
  • Coins. British silver coinage dated before 1920 is sterling, and 1920 to 1946 issues are 50 per cent silver. Ask about coins before you post, and see sell silver coins.
  • Presentation and provenance pieces. Engraved trophies, regimental and presentation silver, and anything with documented history are considered on what they are before they are considered as weight.

Two commitments sit behind that. Nothing is melted before you have seen the offer and accepted it, so a decision is never taken out of your hands. And if a piece would do better with a specialist dealer or at auction than it would here, you are told so in writing rather than sold a metal price for it.

How selling works here

  1. Start on WhatsApp. A couple of clear photos of your silver are enough for us to give you a quick indicative figure at no charge.
  2. Claim your free postage. We issue a prepaid, tracked, signed-for Royal Mail Special Delivery label, or a QR code for the Post Office.
  3. Post in your own time. Any padded envelope works, and there is no deadline to meet.
  4. Get a written valuation. Each item is weighed and read by XRF spectrometry, and the itemised offer is sent to you in writing, usually on the working day your parcel arrives.
  5. Accept or walk away. Acceptance means payment by Faster Payments; declining means a free, fully tracked return.

Your parcel is signed for on arrival and opened at our Bristol office, where each item is weighed and XRF-tested before the written offer is prepared.

How we value what you send

Every offer is built from measured facts: confirmed purity, accurate weight, and the live precious-metal market on the day we test your items, with our margin already inside the figure. You see each figure in a written breakdown before you decide anything. See how we value gold and XRF testing explained for the full method.

Silver is worth far less per gram than gold, so a silver offer is driven by weight and by how much of that weight is actually silver. Each item is XRF-assayed to confirm the standard, weighed, and the offer is worked out on the payable silver weight, with weighted bases, filled handles and non-silver fittings taken out and shown as such in your breakdown.

Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market. Your written offer applies the weight and purity we measure to the live precious-metal market, with our margin already inside the figure.

One parcel gets one written figure, itemised piece by piece. Your offer reflects the weight and purity we measure and the live precious-metal market on the day, with our margin already inside the figure, so nothing further is taken off. For coins, watches and signed or collectable pieces, send a photo on WhatsApp first and we will tell you how we would value them before you post anything.

Postage and cover

Your parcel travels on Royal Mail Special Delivery Guaranteed: tracked end to end and signed for on delivery. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post. If your items may be worth more, message us first and we can split them across more than one prepaid label, each with its own tracking number, at no charge. Full detail is on postage and cover, and is it safe to post gold? walks through posting valuables safely. If a parcel is lost on its way to us, the compensation claim goes to Royal Mail from you, the sender, using your Post Office receipt, and we give you our tracking records and help you make it. Lost parcels, step by step.

If the offer is not for you

Then nothing happens except a free return. We send your items back by tracked, signed-for post at our cost, with no fee for declining and no follow-up. A valuation is only worth having if you can turn it down freely, so you can. See what happens if I decline the offer.

The written offer is dated and holds for a limited time, because metal prices move. If it lapses before you decide, we re-run it against the live precious-metal market on the day, at no charge. You can also accept part of a parcel and decline the rest, with no minimum and no penalty for splitting it.

Payment, once you accept

When you say yes to the written offer, GoldPaid aims to pay by Faster Payments bank transfer within one working hour of your acceptance, to your nominated account. You give those details only at the point you accept, never as a condition of getting an offer.

Comparing what silver buyers offer

A headline figure is only half the question, and often the misleading half. What you are actually paid is worked out on the payable silver weight, so the deductions set out above decide more silver outcomes than any advertised number does. Two buyers who look the same on paper can pay very differently once weighted bases, filled handles and non-silver fittings are taken out.

The fair comparison is the written, itemised offer: the payable silver weight it works from, whether the assay method is shown, whether anything is charged, and whether the return is free if you decline. A published figure is not an offer from any buyer, this one included, because no one can price an item they have not inspected. The same exercise for gold is on compare UK gold buyers.

Who you are dealing with

GoldPaid is a UK-wide postal gold and silver buying service with no shop, paying by bank transfer after an in-house XRF assay. GOLDPAID LTD is registered in England and Wales. ICO registration ZC214216 (data controller: Rocco Clayfield, trading as GoldPaid). There are no branches and there is no walk-in counter, wherever in the UK you are. Ask anything before you post by calling or messaging 07944 014111 on WhatsApp, read how it works for the full process, and use request a label when you are ready for the free prepaid Royal Mail Special Delivery label.

Who stands behind the offer

  • Owner-run, with founder Rocco Clayfield personally accountable for the service
  • Every item XRF-assayed, the result shown to you in writing
  • Free tracked postage both ways, so a valuation carries no obligation
  • Honest about its limits, including when a specialist would suit you better
  • No fabricated reviews and no invented numbers, anywhere on the site

Common questions

Is my silver solid or plated?

Look for a fineness mark: 925, 958, 800, 830 or 900 on the piece means solid silver, and British sterling usually carries the lion passant beside the assay office mark and a date letter. Marks reading EPNS, EP, A1, "silver plated", nickel silver, German silver or alpaca mean a surface layer over a base metal. Worn edges showing a different colour underneath are another sign. Send a photo of the marks on WhatsApp before you post anything and you will get a straight answer either way, and the XRF assay settles it for certain on arrival.

What do the silver hallmarks actually mean?

A British silver hallmark is a small group of marks, not one stamp. The fineness mark gives the purity, so 925 is sterling, 958 is Britannia and 999 is fine silver. The lion passant is the traditional sterling standard mark. The assay office mark says where the piece was tested, such as a leopard’s head for London, an anchor for Birmingham, a rose for Sheffield or a castle for Edinburgh. The date letter gives the year it was assayed, which is what dates a piece. Continental silver usually carries a plain number instead, most often 800, 830 or 900. The hallmarking page sets the marks out in full.

Do you take silver plate and EPNS?

No, and it is fairer to say so plainly than to take the parcel. EPNS and silver-plated items carry a microscopic surface layer of silver over nickel or copper alloy, and there is no meaningful recoverable value in it. If plated pieces arrive mixed in with solid silver they are identified by the assay, kept separate and returned to you free of charge with the rest of anything you decline. If you are unsure, photograph the marks and ask first rather than paying to pack a box.

Is there a minimum weight of silver you will buy?

There is no minimum weight. A single sterling chain is valued exactly as carefully as a canteen. Because silver is worth far less per gram than gold, a very small lot may be worth less than the effort of packing it, and if that is the case you will be told before you post rather than after. Silver value comes from weight, so the practical advice is to send everything together in one parcel rather than piece by piece.

Do you buy silver coins?

Yes. British coinage dated before 1920 is sterling silver, and 1920 to 1946 issues are 50 per cent silver; anything from 1947 onwards contains no silver. Bullion coins such as Britannias and modern rounds are fine silver. Send a photo of both sides on WhatsApp first and we will tell you how we would value them before you post anything. See sell silver coins and sell pre-1947 British silver coins.

What about a full canteen of cutlery?

Send it complete, in its box, without splitting it up. A canteen in one pattern with matching date letters and its original case can be worth more intact than as metal, and it is assessed by hand before any metal figure is considered. If it is a mixed or part set, or an EPNS canteen, it is valued on the payable silver weight instead, with filled knife handles and any plated pieces taken out. Tell us the rough total weight before you post so the postal arrangements match a heavier parcel. Sell silver cutlery and canteens covers flatware in detail.

How is weighted or filled silver handled?

It is still bought, and it is written up honestly. Weighted candlesticks, loaded salt cellars and filled knife handles have a silver shell over pitch, plaster, resin or sand, and the hallmark applies only to the shell. The XRF assay confirms the standard and the weighing establishes how much of the item is actually silver, so your breakdown shows the gross weight and the payable silver weight as two separate lines. On a loaded candlestick the recoverable silver is commonly somewhere between a tenth and a third of the gross weight. Sell antique silver smalls explains why.

Do I need to clean or polish silver before sending it?

No, and please do not. Tarnish is a surface reaction and makes no difference to the assay or the weight, while heavy polishing removes a little silver and can soften engraving and hallmarks on an older piece. Send everything exactly as it is, including dented, broken and incomplete items. There is no need to remove felt, liners, stones or handles either; those are accounted for in the payable weight.

How do I work out what my silver is worth before I post it?

Weigh it on kitchen scales and note the fineness marks, then send a photo of it all on WhatsApp with those details for a rough estimate where we can give one. Bear the deductions above in mind, because weighted bases and filled handles can move the real figure a long way. Your firm figure follows the XRF assay of your own items, and depends on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

What if I decline the offer?

Everything is returned to you free of charge by tracked, signed-for Royal Mail Special Delivery. There is no fee for declining, no charge for the assay, and no follow-up pressure. Nothing is melted or sold on before you have accepted a written offer, so declining leaves you exactly where you started.

Not the question you had? The full GoldPaid FAQ covers the rest, from postal cover and ID checks to what happens if you decline the offer.

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Last step

Your label is sent here, usually within 30 minutes (8am to 9pm, every day).

Your address prints on the label, and anything you decline comes back to it. UK addresses only.

Only used if your email bounces.
  • Free. No obligation to sell after you see the written offer.
  • Anything you decline comes back by Royal Mail Special Delivery at our cost.
  • Before we pay, we ask every seller for a photo of their passport or driving licence, to check identity and ownership.

Rather ask a question or send a photo first? Message us on WhatsApp.

GOLDPAID LTD · 07944 014111

Ask first, post only when you are ready

Find out what your silver is worth

Send a photo on WhatsApp for a rough estimate, and request your free prepaid Royal Mail Special Delivery label when you are ready. No obligation, and a free tracked return if you decline.

Free prepaid label, usually sent within 30 minutes during working hours. Free tracked return if you decline. We aim to pay by Faster Payments within one working hour of acceptance.