selling antique silver serving pieces

Another knife, not so well known, is the Ripple design by Hans Hansen. reporters. Marked: "TIFFANY & COMPANY/ 749/ ENGLISH STERLING/ 925-1000/4210/ 550 BROADWAY." To begin, we use our sophisticated, non-destructive X-Ray fluorescence technology to determine the precise composition of your silver items. Condition: excellent. Contrary to popular belief, an item marked silver doesnt mean that its pure, solid silver it might just be a silver-plate. If so, we pay around a dollar per pound for silver-plated items. Dorothy Huey provides exemplary service, as does Anthony Corrado, store manager, and is of high value to you as employees. Never once did I feel doubtful of their honesty or experience and through the whole experience I laughed and felt like a long time friend I also wanted to thank Nick who helped make this transaction most pleasant and Kim as well .. Seaweed, Triton, mermaids and seahorses on extensively chased and embossed bowls with inscriptions inside. To determine a pieces intrinsic value, youre going to need a scale to find out exactly how much it weighs. If you decide to sell it, youll want to get top dollar. If there are monograms. Make a spreadsheet of your sterling silver tableware, noting how many of each piece you have, and list three prices. An important note: Whole sets often sell for much more than individual pieces as sort of collectors starter kits. If you think you might want to sell your unwanted silver items, the first step is to bring them into any one ofJewelRecycles four storeslocated throughout North Carolina. Even a small payout is better than the alternative a trip to the landfill. Selling price: $4,200 (Morphy Auctions - 2/12). Weight: 9.2 troy ounces. Selling price: $330 (Morphy Auctions - 2/12). A wide array of businesses buy household silver, and many offer considerably less than your silver is worth. Coming in five days later, The Silver Queen sent a bid via snail mail for the entire bundle, but didnt break down their offer piece by piece. You have very likely seen the sales pitch on TV: Put your gold or silver in an envelope and send it off to us. This is just about the worst choice you can make for selling your silver. We've updated our Privacy Policy, which will go in to effect on September 1, 2022. The individual value of a fork or knife might be $30. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Marked under edge. Simply use our secure mail-in service to sell your silver or stop by a Gold Guys location near you. Silver patterns come in and out of popularity. Weight: 26 oz. If not there, the item is plated. Condition: excellent. Our Policy: We welcome relevant and respectful comments in order to foster I'm new to buying and selling and had never actually sold any of my silver before. If thats the case, you can try to identify the makers mark by searching through the Online Encyclopedia of Silver Marks, Hallmarks, and Makers Marks, though it helps to have an idea of the silvers country of origin. Even a design that is not considered popular can bring a good price via Silver Matching Servicies. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. One was a Cactuspiece from George Jensen. Height: 9-1/2" weight: 33.5 oz. However, selling on eBay is time-consuming youll have to polish, photograph, and list each item. Their bid offer came 48 hours after submission and offered $9 per demitasse spoon we asked them to price. In between those times, silver items were often proudly displayed in curio cabinets or atop dining room sideboards. Editors note: This article was originally written by Autumn Yates and published on Feb 20, 2017. The same holds true for silver; its simply not a good way to maximize your investment. 201 S. Estes Drive. Selling price: $6,600 (Morphy Auctions - 2/12). Condition: very good. Now that you know your flatware issterling silver and have identified its pattern, you can accurately check how much it would sell for to collectors. As a result, we make individual, per-piece offers on knives in flatware sets rather than going by the weight alone. Looking closely at the listing featured images are there any that look like professional? Illustration: The Spruce / Brooke Pelczynski. Also, be sure to mention that youre sellingnot taking a loanand youll get a better price. Look for hallmarks, designer stamps, and do research on designs. And dont forget about taking multiple trips to the post office you'll have to take, as well as the money youll spend on the packaging. How much effort you want to put into selling is up to you. Also, look for extreme signs of scratching or wear. Weight: 35.3 troy ounces. Additionally, some services will pay for shipping, but others expect you to cover the cost. Cheryl was friendly, knowledgeable, and took time to evaluate my items and explain my options. No appointment is necessary, and theres no need to polish or clean your silver items before you bring them in. All Rights Reserved. The age and rarity of the pattern. These days, however, all of that has changed. Grape leaf with a shaped edge and textured finish. There are basically five places to consider when youd like to sell your sterling flatware. Its also important to remember that selling silver, even for its intrinsic value as metal, shouldnt be done in haste. As a 2nd time customer, I have found both of my experiences at this store to be quick and easy. Condition: very good. As a commodity, silver goes up and down in value. Join our many free newsletter subscribers building wealth and Size: 12 1/2". Light wear. Made in Vienna. Took in a bunch of dinnerware that I thought was likely junk and ended up getting way more than I expected to get. Of course, if the pattern has low desirability or rarity, you wont get much more than you would from a smelter, but Silver Matching Services are certainly worth consulting. Free copies of our eBooks '208 Ways to Save In the case of sterling silver items, we then weigh your items using our state-certified scales and make you an offer based on the current price of silver. Today, candlesticks, tea sets, and formal serving pieces are used sparsely, but the sterling silver value remains constant. If I ever would like to sell any of my precious metals, I will be going back to him for now on. The silver value from the smelter for this knife is about $7. Unexpected ways to make more and spend Learn more . Size 8 1/4" tall. The amount we pay for silver items is based solely on the ratio of silver to non-silver within the material, otherwise known as its purity. Learn more , The Gold Guys works hard to deliver the best customer experience and it shows with our rating from the BBB. Instead, look at the menu of filters on the left of the page. York, NY 10128. Old-schoolers already have what they need and millennials have no interest. Unfortunately, the layer of silver plating is very thin, typically less than 0.1 micrometers thick, meaning that silver-plate has flatware intrinsic value. Includes sterling bowl with a pair of Gorham weighted candlesticks. Saturday, 10:00-2:00 Size: Bowl 9" in diameter. You'll get: 12 of the Best Things to Try at Costcos Bakery, 5 Things You Must Do Before the Next Recession, 7 Clever Ways to Build Wealth Outside the Stock Market, Encyclopedia of American Silver Manufacturers. Sterling silver tea sets, candle holders, and flatware are all exceedingly out of favor at the moment. Size: 7" x 6 1/2". As for the baseline value of your family silver, youll want to check commodity prices, which is something well talk about in a few minutes. Under Show only, select the box that says Sold listings. Awesome people and definitely will recommend and return again!! Other markings that indicate silver-plate include plated, EP (electroplated) or EPNS (electroplated nickel silver). Gorham Sterling Silver Martel Art Nouveau Water Pitcher, Victorian Sterling Silver Calling Card Case with Chain, Pair of Tiffany Sterling Silver Bowls with Liners, Whiting Ivory Handled Sterling Silver Asparagus Server, Gorham Sterling Silver Martel Round Bowl, James, Dixon, & Sons Pierced Dish by Sheffield, Learn How to Identify the Price and Value of Antique Silver Plate, Identify and Value Your Limoges Porcelain, Identify and Value Your Collectible Milk Glass, Bakelite Jewelry Identification and Price Guide. Selling here means that your sterling silver will be purchased at its melt value, which is approximately 50% of the current silver spot. On the other hand, selling privately means taking lots of pictures, listing individual pieces, and individually shipping each order. Weight: 41.4 troy ounces. And if you are in the process of downsizing or decluttering, then you know how much space these objects can really take up. Collectors looking to complete their sets expect to pay more for lesser-seen patterns or those created before 1920. Silver-plated objects are made of less valuable (base) metals with a thin coat of silver. Silver and other precious metals are measured in troy ounces, which is 31.1 grams per ounce. You get not only the value of the silver content taken into consideration, but also the desirability and rarity of the pattern. To make it easy to follow along, well use this International Sterling Queens Lace demitasse spoon as an example: Visit eBay and enter the maker and pattern of your sterling silver. The Gold Guys also serve Greater Minnesota & The United States with our Free Online Mail-In Service. Weight: 5 troy ounces. He was able to explain the whole process giving me peace in mind after selling a few ounces. After weve assessed all of your items, well make you a no-pressure offer. Shaped edge and border with molded scrolls around a plain center. We called around and, at thetime of writing with a silver spot at $16.80, a sterling salad fork would net $13, while soup spoons net almost $15. Put all of the damaged and monogrammed pieces aside to be sold as cash for silver. All Rights Reserved.1 (833) 669-8557 | Weight: 16 troy ounces. No matter your reason for selling, we will give you the best possible price for your silver in a way that is fast, easy, and secure. The good news? Dont just walk into an unknown business with your bag of silver and expect to get the best price. Many families still hang on to their old silver collections, but they rarely get much use anymore. But its temperamental, takes hours to prepare for storage, and, for some, is more of a chore than a treasured heirloom. Skinner Auctioneers, in the Boston area, explains: If you take a collection to a smelter or scrapper knowing nothing about when it was manufactured, or by whom, you may inadvertently let go of a rare, high quality silver piece for significantly less than its true worth. Condition: excellent. Even though silver has mostly gone out of fashion, you can sell your silver items and, in many cases, earn more than you might think. English canoe-shaped pierced dish with floral scrolls. Comments with links are automatically held for She co-founded the Costume Jewelry Collectors International, a global educational website. But make sure youre not parting with something valuable. You are in control of your transaction from start to finish. In short, enjoy it. For example, the single demitasse teaspoon we sent to the matching services for a quote can be sold: As you can see, selling privately nets you the most cash for your items. Money Every Day' and '108 Easy Ways to Earn Extra Cash', together a $29 value. When you visit one of our stores, youll be greeted by our professional staff. Probably notmeaning theres a chance that you could unwittingly sell something for far below its value. She took a personal interest in ME with an engaging conversation. Sold with original box. our straightforward and transparent process, Why People Sell Their Jewelry and Other Unwanted Items to JewelRecycle. You have multiple online resources for identifying your sterling silver flatware or tableware. Theyre considerably less valuable than silver. informative discussions. Depicts two children playing musical instruments. Its simple and convenient and the value you get just may surprise you. I tend to be verbose. Thus, most buyers will want a total weight (by the gram), he said. Silver-plated items, on the other hand, are a different story. They lovingly polished their silver candlesticks, holloware, tea sets, and flatware and presented them on special occasions, such as holiday gatherings and formal dinners. However, the spoon measures barely over 4 inches, meaning that larger pieces are obviously worth more. Molded edge around a slightly dish-shaped center. There are two ways to sell, so youre going to check the going rates from each. Condition: very good. When sold for their metal value, these silver items are ultimately melted down and recycled into new items. Also, dont forget to do your research regarding the maker, Tang told us. However, collectors are more inclined to purchase a complete place setting to expand their collection. Weight: 2.4 oz. Our knowledgeable associates will assess your silver items right in front of you (nothing ever leaves your sight) usingour straightforward and transparent process. Overall good condition with very little wear to gilding; some loss to blacking in initials in the ivory handle. Gorgeous old silver flatware, trays, bowls, pitchers and tea sets may be more of a responsibility than many people today are able to take on. Because its costly to ship large amounts of metal, we emailed Replacements, Ltd. asking if an initial assessment of quality could be made by sending a picture, just to ensure items werent considered too scratched or worn to be considered up to par. Every city has these come through periodically: A group will come into town, advertise on TV and radio and take out huge newspaper ads. No pressure. Size: 8 1/2" tall. Pay careful attention to fork tines, ensuring that theyre not bent or askew. As a result, although silver-plated items are often bulky, they are worth very little. Some people like oxidization on their silver pieces. Two examples of how you do much better selling your silver to a Silver Matching Service than selling to the smelter came into the Antique Cupboard shop just recently. Additionally, for jewelry values, visit the Silver Jewelry Price Guide. Thankfully, silver-plate is almost always marked as such. Whats the difference? Suite 200C. Condition: good. Here are several ways to identify silver pieces and establish their approximate value: After establishing the approximate value of your pieces, do some research into buyers and then comparison shop for prices. Prices are generally lower at pawnshops, corner dealers and traveling silver buyers. Silver plating (sometimes called electroplating) is when a layer of silver is applied to flatware made of another metal. Basically, getting a bid for your pattern gives you a chance to scan through and see which pieces are worth high amounts, then look those up online to make sure that youre not mistaking one item for another (and possibly losing out). Here are the most common marks youll see on a sterling silver set: Sterling: Sterling is a legally binding term. This gives you a more accurate idea of how much your piece will sell for. Since youre already on eBay, this is a good time to learn some other important information about your silver. He is a member of the Society of Professional Journalists and his insight has been featured on Investopedia, GOBankingRates, H&R Block, and HuffPost. Weight: 23.8 troy ounces. However, we sometimes receive compensation when you click links within our stories. I was actually able to ask questions on how all the pricing worked without him getting annoyed. In generations past, families considered their silver collections to be an important status symbol as well as a cherished family heirloom. everything you buy. They can be rare pieces from a certain historical period, which will drive the value up, he said. Make the best profit by selling your silver yourself, after enough research. Each has its pros and cons. Brought in several pieces of old jewelry and silver, and was not disappointed. Chapel Hill, NC 27514, 1113 Military Cutoff Rd. Marilyn Lewis April 18, 2014 Advertising Disclosure: This site may be compensated in exchange for featured placement But for now, we recommend continuing onto the next step. How Much Is My Silver Washington Quarter Worth? Based on our research, putting in the extra work means that you can earn three times as much selling your silver on the private market than you can by selling it to a pawn shop or cash-for-silver business. Condition: excellent. Should you still come up empty-handed, you can post to their encyclopedia forum or contact one of the silver matching services well share below. Help us produce more money-saving articles and videos by subscribing each. (Our average experience is 18 years!). However, says Samuel Tang, designer and gemologist at Joy Creations, tarnish (or oxidation) could be selling point for some customers. They are made mostly of copper and typically only contain 1% silver by weight. The lady that assisted me was very informative, explained everything as she was doing it, and was very pleasant and efficient. They auction it, take a commission and give you the rest. newsletter! From cash-for-silver to private collectors, heres how to price out and sell your inherited silverware, trays, and teapots to get the highest possible payout. of Service apply. Instead, they are simply worth their weight in the current price of silver. And the younger generations, who have adopted a much more casual approach to entertaining, are rarely even interested in inheriting family silver collections let alone collecting them. If items didnt sell the first time around, you can always relist. Highly recommended! We know its tempting to see your silver sparkle and shine, but using a chemical tarnish remover or any quick polishing tip found online can ruin the factory-applied finish and reduce the value of your silver. Find their ads in newspapers or online. There are three ways to sell your family silver: on eBay, to a silver matching service, or as cash-for-metal (basically a pawn shop). The shops we spoke with suggested tracking the value of silver throughout a week or a month period to ensure that you dont happen to sell on a day when silver has taken a dip. Monday-Saturday, 10:00-6:00 However, you may find yourself wanting to get rid of your silver either because its taking up space or selling it is becoming too much work. This one by Replacements, Ltd. is a great example. Detailed with sword and shield. Copyright 2013-2020 HighYa LLC. If you have a complete setting. But, before you haul a bag of sterling silver to a buyer (pawn or cash-for-silver shop) near you, know that you might be able to get a good deal more by selling the flatware to collectors. Suite D This allows you to get a high price for the pieces that are sure to appeal to collectors, without losing endless hours to listing an entire set individually. Size: 8 1/2" long. Although its a time-consuming step, contacting silver matching services gives you the benefit of a professional evaluation. Condition: excellent. Another factor that influences the value of your silver, says Mike Rivkin, owner of Antique Galleries of Palm Springs, is generational perceptions of worth. Are the stamps on the back of your silver obscured by tarnish? Expect businesses that buy silver to offer you less than market rates, since they need to make a profit reselling it. Size: 3" tall. I also witnessed her very respectful behavior towards a sales rep that entered the store, looking for someone else. A local TV station recently did an expose where they bought a gold ring for $500, then took it to coin shops where they were offered about $100. Well share some ideas on how to maximize your profits after youre done estimating cost. We paid $76 for each knife. This added value depends on the craftsmanship, maker and desirability of the piece offered for sale, along with the venue where an item is sold. Most friendliest and professional business Ive been to!! The overall experience was great. If the price of silver is high, youll get a better price when selling it just for the price of its metal. Fred analyzed all of my silver pieces and gave me a great price for both the sterling and silver plate. Roseville Pottery Identification and Price Guide. Weight: 19.5 troy ounces. healthy and There are a few exceptions. And, because the process of removing and replating flatware is so expensive, these pieces dont have any resale value either. Selling price: $840 (Morphy Auctions - 2/12). The Gold Guys uses UPS to make sure your items arrive just as you shipped them. less, delivered to you daily. You can generally identify these listings by their higher prices or because the item has been photoshopped to appear on a white background. They typically rent space at a hotel or convention center, hire security, and might even pay a celebrity to appear. A few days ago, on September 12, I stopped by for my second visit. For example, this finish on a ring or piece of jewelry can have a nice contrast between high polished parts and oxidized parts, Tang said. He was very kind and patient. Then they sent it to a Cash for Gold outfit and got $5.20 for the ring. These expenses are huge, and that overhead means they have to reduce the price they pay for silver by up to 50% in order to make the operation profitable not the best option for you if you want to get full value for your silver. Based on my experience today, I would recommend JewelRecycle! Note that if your silver flatware has no markings at all, its likely a silver-plated piece, as its very rare for sterling to be unmarked. Beware These 5 Common Work-From-Home Scams, Heres How Much Teachers Are Paid in Every State, The Smart Way to Sell the Family Silver for Cash. If you are like many people, you may have sterling silver and silver-plated items that you no longer use (and that your relatives arent interested in inheriting). Taking the time to learn about your sterling silver tableware might sound labor-intensive at first, but it means receiving three or more times the amount when you sell. Did you promise yourself that this was the last year youd spend hours polishing silver after hosting the holidays? Weight: 80 oz. Heres how: There are a variety of places and ways to sell silver. Sunday, Closed. Selling price: $390 (Morphy Auctions - 2/12). If your silver is very old, theres a chance that it might just have the maker's name and mark. Double check for monogrammed pieces, which silver matching services wont accept.

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