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Adventures Selling Sterling

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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/15/2012  08:53 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply

Quote:
Yes, there is a lot of sterling hollowware that is worth more than silver spot. Premiums come from certain makers, where it was made and the demand for the product. You can have a sugar bowl made in England circa 1790 and depending on who made it and what it looks like you may only get spot or a small pinch above. But that same size creamer made by a US Colonial silversmith, this creamer could bring 10 times or 100 times silver value. Then there are the more recent but desirable items made by Tiffany & Company, Cartier, Roy-croft and many, many more.


Well said. I'm starting to get quite a collection of coin silver spoons. Most are American from the early to mid 1800's. They aren't worth much over melt but they look cool & have an interesting history. In many cases I'm able to identify where they were made and an approximate date range.
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mds308's Avatar
United States
1721 Posts
 Posted 11/15/2012  10:51 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
I forgot about the coin silver buyers. Some people see a stamp COIN SILVER and they freak out. It's still silver. In my opinion the big price jump would be by who made it not the coin silver mark. I've scrapped my share of coin silver utensils.

Back in 2008, I sold a silver repousse coin silver creamer made by Andrew Ellicot Warner circa 1820. He and his father were silversmiths from Maryland. It was sold at Skinners Auction in Boston. I don't remember what the piece weighed (I think around 4 ounces) but it sold for 1900 dollars. What was silver in 08? About 15 dollars per ounce. That was a huge markup over silver value. After the auction house took their share I was left with 1501 dollars. I found the creamer during a friends house clean out so we split the final auction value. Not bad for free. It only cost my knowledge. I could have snookered him out of the creamer and bought it for scrap and he would have never known. But if you start scr*wing your friends, all you'll have left are enemies.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/15/2012  11:01 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I'd love to find a coin silver item that wasn't a utensil.
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Ed_B's Avatar
United States
4008 Posts
 Posted 11/19/2012  3:45 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

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But if you start scr*wing your friends, all you'll have left are enemies.

Indeed so. This is an important lesson for anyone who wants to be successful in business and it is all too often over-looked.
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Steele's Avatar
United States
1119 Posts
 Posted 11/20/2012  7:12 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
"I'd love to find a coin silver item that wasn't a utensil."
You mean like a coin?
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/21/2012  07:59 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Not sure how much you know about coin silver items so I'll start with the basics. There was a time when many silversmiths relied on silver coins as their raw material. Items made from coins are referred to as coin silver. The only items I have found in my area that can be identified as coin silver have been forks & spoons, with the vast majority being spoons. I'd like to find something like a creamer, cup, coffee/tea pot, or decorative item.
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austrokiwi's Avatar
2087 Posts
 Posted 11/21/2012  11:13 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply

Quote:
There was a time when many silversmiths relied on silver coins as their raw material. Items made from coins are referred to as coin silver


Interesting. I have never heard the term coin silver before. In 1697, In England, to prevent Silver smiths from using coins for making silver goods a law was passed stating silver plate(old English term for silver house hold goods)had to be made using the "new" Britannia standard ( .950) while coin would remain at Sterling standard(.925)

Opps just checked Britannia standard was/is .9584
Edited by austrokiwi
11/21/2012 12:58 pm
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/21/2012  12:15 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
There's the problem with having an American viewpoint as opposed to being more world oriented. I should have pointed out that coin silver is generally a term applied to items made by American silversmith's. I think it was in the late 1800's when American silversmiths shifted to sterling, mainly due to the fact that coin silver(90%) was considered inferior to european items that were sterling(92.5%)
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mds308's Avatar
United States
1721 Posts
 Posted 11/21/2012  2:47 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply

Quote:
"I'd love to find a coin silver item that wasn't a utensil."
You mean like a coin?


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