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selling sterling flatware

Posted by sbold (My Page) on
Wed, Aug 7, 13 at 14:06

Which would earn the most $?? Selling the entire set or selling a few pieces at a time?
On eBay it appears that sets do not sell often, but I have not tracked this for any length of time.


Follow-Up Postings:

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RE: selling sterling flatware

The best thing to do first is determine if your set is rare and desirable.


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RE: selling sterling flatware

Remember, spot price is down considerably from a few months ago.

/tricia


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RE: selling sterling flatware

For large lots only in the range of 1000 ounces or more, the smelters would be buying precious metals. They don't care about patterns or sentiment - only the silver content. Everyone's got to make a profit - smelters, the coin dealers, jewelers, traveling antique buyers, matching services - so expect any buy to be something under spot on any given day. And depending who is willing to buy, it could be a lot under.

I don't check eBay very much - way back when already it seemed to be all sellers, few buyers. Bargains would be the name of the game there, too, I suppose.

Lots of us "older" people use our silver like every day flatware. The younger generations have a different lifestyle and don't seem to be interested in fancy silver, crystal or china. Or you could always donate it to Goodwill or some other charity and take a reasonable tax deduction.


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RE: selling sterling flatware

What pattern is it, what pieces do you have, & what is the condition? Some rare patterns or serving pieces sell better individually whereas the usual place pieces are normally sold in groups of 4, 6, etc


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RE: selling sterling flatware

for the sake of comparison I attended an estate auction on August 10 in Maryland. 100+ pieces of Stieff Corsage flatware plus chest was sold for $2150.


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