Check the current value of silver in your local newspaper's financial section. You can also go on the Internet and search for "Silver Value" to find the most up-to-date value of the commodity.
Multiply the current price per ounce of silver by .925 to establish the value of an ounce of sterling, or .925 silver. The value of silver is for 99.9 percent pure silver. Sterling, also referred to as 925 silver, is an alloy made up of 92.5 percent silver with other metals added to make it stronger.
Weigh your silver jewelry on a jeweler's scale. Multiply the value of an ounce of sterling as calculated in step one by the weight of your jewelry to get the value of your raw silver.