Precious metals have always been and remain the best investment for the future. Regimes, money, and the priority of currencies changed, but the demand for gold and silver clearly never fell. Moreover, prices for precious metals in general often surprise and make you think about their relevance. So the price of 925 sterling silver per gram in 2021 is so different depending on the purpose of its acquisition or donation, that the consumer should understand how much 925 sterling silver costs, because it is the most common and makes up about 80% of other samples.
It is impossible to unequivocally answer the question of how much a gram of 925 silver costs, since its price is determined based on the general situation on the London exchange. And it changes daily, depending on economic indicators around the world.
925 silver price per gram in 2021
The cost of 925 silver per 1 gram depends on the method of its sale, the product and the possibility of subsequent redemption. So 925 silver, the price per gram in which is the lowest in a pawn shop, today costs about 18-21 rubles. While in purchases it ranges from 26 to 31 rubles. This difference is due to the economic risks of the organization purchasing the precious metal. It is no secret that a clear advantage of pawnshops was and remains the possibility of subsequent repurchase of the product. Purchases do not provide such an opportunity. And the need for pawning or selling jewelry can be different, as well as the role of this product in a person’s life. Hence the clear advantage of buying in price.
Purchasing jewelry or 925 silverware will be much more expensive for the buyer, since stores sell ready-made jewelry or other silver products at a price of about 600 rubles per 1 gram. These are the indicators of today, at a time when the price of 925 silver on the stock exchange per gram is 34 rubles 51 kopecks.
925 silver in a pawn shop costs about 18-21 rubles per gram
In specialized purchases without the possibility of redemption - 26-31 rubles. for 1 gram
In jewelry stores, jewelry costs 600 rubles and more per gram
With such a spread in prices, manipulations are currently taking place in the field of purchase and sale of precious metals. Each price is economically justified, and the consumer independently decides whether to agree to these market conditions or not. In any case, this practice takes place not only today, but also in the deep past, when the activity of buying and selling jewelry, coins and cutlery made of gold and silver was just in its infancy.
Sterling silver 925, the price per gram of which, as it turned out, consists of a number of indicators, is a fairly high and popular variety of the precious metal. In terms of its composition and the presence of additional elements, such a product will be one of the best and most expensive even after a certain period of time. Therefore, the feasibility of investing in precious metals has been proven for hundreds of years and still occupies a leading position among the chosen methods of storing savings.
How much is silver worth?
Just like the price of gold, the price of silver depends on trading on the international precious metals market. Every day, the best minds of economic science assess the state of the raw material extraction industry, demand, supply, exchange rates, and the state of the economies of the leading countries of the world. Based on all this, as well as on their experience, intuition, horoscopes and predictions, they buy and sell silver, sometimes a little cheaper, sometimes a little more expensive.
For those wishing to immerse themselves in this magic of numbers, the article PRICE OF SILVER BY QUOTES will help. I can tell everyone else that today (July 2021) 1 gram of pure silver on the London Stock Exchange costs 30 rubles 50 kopecks.
925 sterling silver - what is it?
925 silver is one of the highest quality and is widely used in Russia abroad. The composition of the 925 silver alloy includes 92.5% pure precious metal, the remaining 7.5% is copper. This ligature was approved by a single GOST back in Soviet times. Copper imparts the required strength to the metal and significantly improves its characteristics. Less commonly, platinum is used as an additive. Due to this expensive component, the properties of silver are improved, it acquires a snow-white color and its oxidation is significantly reduced. In modern production, palladium, which belongs to the platinum group, and cadmium can be used as an additional element. Jewelry made from an alloy containing platinum or palladium has a higher price. Thanks to this noble metal, the jewelry becomes dazzling white, with an incredible blue cold tint.
When using 7.5% zinc as an alloy, the silver turns out cloudy, but the alloy is incredibly durable and low in price. Zinc is rarely used as an additional component, as it often causes allergic reactions. In addition, silver jewelry is sometimes plated with rhodium, just like white gold jewelry, to add a snow-white color and shine. Another advantage of rhodium plating is the resistance of products to oxidation in air; such jewelry does not darken. The disadvantages include the fact that rhodium wears off over time and needs to be coated again, which is very expensive.
925 standard metal is used to make jewelry, cutlery, souvenirs, commemorative medals, and table setting items. In addition, the alloy has found application in electrical engineering.
Chinese 925 silver
Often on store shelves you can find 925 silver from China, which differs from Russian metal in its low cost (from 40 to 100 rubles per gram). In terms of its composition, the alloy meets all standards, that is, the percentage of pure silver content is exactly 92.5, the rest is impurities. The difference in price is due to the divergence in the value of currencies in the Asian region. The only thing you should pay attention to are the stones. Often in such jewelry they turn out to be non-precious, so before purchasing you need to check the quality certificate. In addition, you need to carefully consider the choice of such a product and make sure that it is not a fake. Often, unscrupulous sellers resort to various tricks. For example, the earrings are marked 925, which is located on the clasp, and it is this that is made of real metal; everything else is a cheap alloy that only looks like silver.
Chinese costume jewelry, which is sometimes sold under the 925 marking, should be distinguished from jewelry products. As a rule, such a product contains no more than 2% pure metal. Basically it is cupronickel, which looks very similar to silver.
Pawnshops in Omsk accepting gold and silver
Pawnshop Central
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Auto pawnshop Viaduct loan against title
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Car pawnshop in Krasnoyarsk loan against title
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AutoCAPITAL in Omsk
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LambardGinny in Omsk
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Pawnshop on Kievskaya
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Lakshmi pawnshop in Omsk
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Lombardy
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Thrift store LombardGinny
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Commission shop
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Result in Omsk
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Pawnshop Aurum in Omsk
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Ermakzalogservice, 10 Let Oktyabrya Street
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Guarantee
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Guarantee
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Italian 925 silver
Silver from Italy is considered the best in the whole world. It is distinguished not only by the highest quality, but also by complex execution techniques, uniqueness and extraordinary design. Due to this, jewelry made from this metal is highly valued in all countries. The composition of the alloy is no different from the Russian one, but its cost is slightly higher. The special secret of Italian silver is in its processing.
Craftsmen use the galvanic method of coating silver jewelry, which gives it an extraordinary cold shine, as well as excellent physical characteristics. This silver is very durable and has high anti-corrosion properties. Thus, craftsmen use in their work the technique of galvanic silvering, when the surface of the metal is covered with the thinnest layer of pure 999 fine metal. Rhodium plating gives the jewelry a bright silver color; moreover, such products do not darken and are perfectly combined with both cubic zirconia and diamonds. Blackening of silver adds chic and sophistication to the jewelry, and gilding gives any jewelry respectability and nobility.
Procedure for handing over jewelry at pawnshop offices
Scrap silver is accepted quickly enough, the procedure itself does not take much time.
Before exchanging silver at a pawnshop, you need to decide whether you intend to buy it back in the future.
The procedure then consists of the following steps:
- Buying silver in pawn shops begins with inspecting the product. The appraiser checks whether it is a high-grade metal or is considered scrap of noble elements with the addition of various impurities.
- After determining the sample, the condition of the product is assessed. It should not have damage, chips or cracks.
- After this, the delivered scrap is weighed.
The cost of a gram of silver will depend on the assessment of these characteristics, that is, on the sample, weight, condition of the jewelry, as well as on the conditions under which the scrap is accepted.
Next, a contract is drawn up. The transaction is processed only if you have a passport.
Its form depends on your further actions. But the characteristics of the product and its description must be indicated.
If you plan to further repurchase the jewelry or kitchen set that you are renting out, the agreement is drawn up as for a loan of funds.
In this case, it is necessary to stipulate the period of use of the loan (in most cases it is 1 year, some pawnshop-type offices set an unlimited period), the date by which the jewelry must be redeemed, the interest at which the money is issued (usually 5-7% per month) .
After all conditions preceding acceptance have been agreed upon, an agreement is signed in two copies. One remains in the pawnshop, the other is given to the client. A specified amount of money is also issued. In addition to the contractual agreement, pawnshop offices also provide for the issuance of a pawn ticket. It must be stored until the product is purchased back.
In force majeure circumstances, many pawnshop offices meet their clients halfway and extend the deadline for purchasing jewelry. In this case, you will also have to pay interest at the agreed rate.
If you were unable to redeem the item on time, it becomes the property of the pawnshop.
If there are no plans to buy back silver in the future, the client simply receives a sum of money in his hands, without further obligations.
After the period allotted under the contract for redemption expires, the item becomes the property of the establishment. Further, it is already sold in the public domain and can be purchased, but at a higher cost.
Caring for 925 sterling silver items
To ensure that your jewelry does not lose its appearance, you should take proper care of it. Such jewelry must be stored in a dark and dry place. In direct sunlight, metal can not only become dull, but also darken. The exceptions are alloys with the addition of palladium and platinum, as well as rhodium-plated silver.
In order to clean a silver item, you need to wash it in water with the addition of dishwashing detergent and wipe it with a soft cloth. You can often hear advice about cleaning with toothpaste, however, this method can damage the metal surface. A weak solution of ammonia will help clean jewelry from the sulfide film formed upon contact with air. It is enough to hold the jewelry in it for 10 minutes, rinse with water and wipe with a soft cloth. Baking soda can also be used to clean precious metal. To do this, you need to boil 500 ml of water with 2 tablespoons of soda, put a piece of foil and silver in there. After 10 minutes you can rinse with clean water and dry.
In addition, jewelry stores offer a selection of special means for cleaning silver items, with the help of which the jewelry will always look like new and delight you with its shine.
