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Pricing sterling silverware...input appreciated!

zski123zski123 Posts: 256 ✭✭✭
in Precious Metals

Hello, I'm looking for some recommendation on pricing sterling silverware sets. I'm not talking about vintage or Tiffany's silver. I have a few people in my area looking to sell sets to me but I'm thinking of the following:

Spot of silver content minus 15%
Separate the knives

What I don't know is how to price the knives. Any input?

I appreciate it!

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    ChrisH821ChrisH821 Posts: 6,340 ✭✭✭✭✭

    I don't think you can price knives based on silver content without destroying them.. unless there is a place to look up average silver content for the pattern.
    I guess this doesn't really answer your question though.

    Collector, occasional seller

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    BaleyBaley Posts: 22,658 ✭✭✭✭✭

    Consider the knives likely have silver plated plaster handles and steel blades.

    Liberty: Parent of Science & Industry

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    USASoccerUSASoccer Posts: 445 ✭✭✭
    edited August 16, 2019 5:55PM

    With knives I weigh them by the gram then X them by .3 then by .4 and pay that.

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    zski123zski123 Posts: 256 ✭✭✭

    Thank you all for your input!

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I do not buy silverware, but I do look for Sterling (or full silver) tankards, or trays....Cheers, RickO

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