Silver chain marking?

[flobadob]

I have a supposedly silver chain that I got around ten years ago. The only mark that I can see from the chain is on the hook used to fasten it, which has been removed due to a bit of wear, as I used to bend it open and closed and eventually a bit broke off.

The mark on the hook is just the number 925. Does this signify anything about the silver quality of the chain or what does it mean? Thanks.

[craft1948]

http://www.articlecli...Is-925-Silver-/930878

[scotman]

that mark probably means the metal is 92.5% silver

[ChuckFickens]

it means it's 92.5% pure silver (and 7.5% copper)

It's a fairly standard alloy used for jewellery because pure silver is too soft to be useful for making things.

[DTCwordfan]

sterling silver.......

[flobadob]

Thanks very much guys, that link was very informative.

I've heard that the price of silver has risen 9 fold over the last ten years. If the chain cost £100 back then does that mean that it is worth around £900 now. That sounds a bit crazy to me, surely it can be true?

I am not looking to sell it though as it was a gift but it would be interesting to find out. Does anyone know about this?

[DTCwordfan]

what does it weigh - in grams?

[DTCwordfan]

about 75p per gram....there are sharks out there on buying silver though. For insurance reckon on 85p per gram

[flobadob]

Just weighted it there, it ways 68 grammes. By the way, should there not be some other sort of mark on it as well as the 925? As I say, the only mark I can see is just the number, or is this normal?

[DTCwordfan]

other marks would include the assay mark showing where it was registered, year mark and the makers mark

[boxtops]

Take it to a jeweller and get a proper valuation done on it - if it's worth that much, you ought to have it identified on your household contents insurance.

[jewellerjim]

you will get at the moment about 30p per gram scrap so 68 grams is worth about £20, and they would sell second hand for maybe £40 - it is certainly not worth specifying on your household insurance - to buy new, probably £150. I work in jewellers so know cost of things.

[jewellerjim]

jewellers buy silver at around 28-30p per gram and sell second hand silver for about twice that. WOuld not be worth more than about 20 pounds to sell, and if you were to buy new would probably cost about £150.

[flobadob]

Thanks for the info, good to know, and I don't plan on selling anyways.