Silver doesn't sell at the same price as gold — and that's normal. Per gram, silver is worth far less than gold. But a batch of silver jewelry — bracelets, necklaces, old family pieces — can still add up to a worthwhile sum, especially as the weight accumulates.
Do you have silver jewelry sitting idle, a set, or pieces you no longer use? Rather than letting them tarnish in a box, you can find out their real value. You just need to know how to recognize genuine silver and understand how it's evaluated.
At Jayma Or, we specialize in gold, but we also appraise other precious metals. We test, we weigh in front of you, and we pay cash, the same day. Here, with full transparency, is how to sell your silver jewelry in Senegal at a fair price.
In this guide, you'll discover:
- why silver is worth less than gold — and how much less, plainly;
- how to recognize genuine silver (and avoid fakes);
- how the value of your jewelry is calculated;
- the steps to sell quickly, well, and safely.
Silver or gold: why such a price gap
Gold and silver are both precious metals quoted on the world market — but gold is far rarer and more sought after. The result: a gram of gold is worth much more than a gram of silver. In concrete terms, it takes a much greater weight of silver to reach the value of a small gold piece.
This isn't bad news, simply a reality of the market. It means two things for you:
- Weight makes the difference. A solid, heavy silver bracelet can represent a real sum. A thin chain, much less.
- Beware of promises that sound too good. If someone offers you a price for silver close to that of gold, something is wrong.
As with gold, the silver rate changes every day. An honest estimate always involves a test and a weighing, never a figure thrown out "by eye".
How to recognize genuine silver
Many "silver" pieces aren't, or only on the surface (silver-plated). Here are the markers:
- Look for the hallmark. Genuine silver often carries the markings 925 (sterling silver, 92.5%), 800, or the word ARGENT. It's the most reliable clue.
- Observe the color. Genuine silver has a slightly gray, warm white; it tarnishes over time (it darkens), which, paradoxically, is rather a good sign — fakes stay shiny.
- Be wary of pieces that are too light or magnetic. Silver isn't magnetic: if a magnet attracts it, it isn't silver.
No hallmark, or a doubt? It's common, especially with handmade or antique jewelry. A professional test settles the question precisely. Try it: bring a magnet close to your piece — if it sticks, it isn't silver.
How the value of your silver jewelry is calculated
The logic is the same as for gold, and rests on three elements:
- The purity (925, 800…), which tells the real proportion of silver.
- The exact weight, measured to the tenth of a gram on a precise scale.
- The day's rate for silver on the world market.
And the classic mistake remains the same: the buyback price has nothing to do with the price paid in a store. When you bought it, you paid for the metal + the craftsmanship + the artisan's work. At resale, only the precious metal contained in the piece counts. Stones, pearls, or decorative elements are evaluated separately.
The steps to sell your silver at a fair price
- Identify and gather. Spot the hallmarks (925, 800), and collect all your silver items — the combined weight counts.
- Have it weighed in front of you. Be wary of an estimate without a scale. To understand a proper weighing, see how jewelers weigh gold.
- Insist on a transparent estimate: testing and weighing in front of you, the price explained (purity + weight + rate).
- Sell where they pay cash, safely, in a professional, established place.
Selling safely
- Favor a professional, established place rather than an improvised meeting with a stranger.
- Bring an ID. A serious buyer verifies the seller's identity (why?).
- Refuse any estimate made out of your sight.
- Insist on clear, immediate payment. At Jayma Or, it's cash, the same day.
Can't travel? We'll send a trusted courier to your home or office. And if you also have gold, it's the perfect opportunity to have everything appraised at once: see our guide to selling your gold jewelry.
Frequently Asked Questions
How much is a gram of silver worth?
It depends on the purity of your jewelry and the day's silver rate, which varies. We can't invent a figure; the fairest approach is an estimate after testing and weighing.
Is silver worth much less than gold?
Yes, a gram of gold is worth far more than a gram of silver. But a fairly heavy batch of silver can still represent a worthwhile sum. It all depends on the weight.
My silver jewelry is darkened, is that a problem?
Not at all. Silver tarnishes naturally over time; it's often even a good sign of authenticity. The value depends on the weight and the purity, not on the shine.
Do you buy silver like gold?
We are above all gold buyers, but we also appraise other precious metals. Send us a photo: we'll tell you right away whether we can make you an offer.
When do I get paid?
Immediately. Once the metal is tested, weighed, and the price accepted, you're paid cash the same day.
Take action: get your silver appraised for free
You now know how to recognize genuine silver, understand its value, and sell it safely in Senegal. There's only one step left.
Get a free, no-obligation estimate: send a photo of your jewelry via WhatsApp to +221 78 111 66 87, or book an appointment. We test, weigh, and pay cash the same day — and we can send a courier to you.
Don't let your silver jewelry tarnish at the bottom of a box when it can turn back into cash today. Write to us: you'll quickly know what it's really worth.