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WegWeg Posts: 544
in Precious Metals
Rigt now I have around 80 Oz of .999 silver, 1,020 1964 and older quarters, and some flatware. I'd like to have 10 Oz bars instead. My question is what is the silver percentage of sterling flatware? Sure would be nice if it was pure.
Remember, I'm pullen for ya; we're all in this together.---Red Green---

Comments

  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    I, too, would be content to have silver.


    Sterling = 0.925 fine
  • JoesMaNameJoesMaName Posts: 1,064 ✭✭✭
    If the flateware is sterling and not plate - the silver percentage is 92.5% pure silver or .925 aka sterling

    ...
  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭
    Yup, the first replies are right. That silverwear, if solid and not plate, has most silver in it purity wise than your pre-65 U.S. coinage.
  • DeadhorseDeadhorse Posts: 3,720 ✭
    Sterling takes a bit of a hit due to smelting costs.

    Your 90% melt coins are more valuable per ounce.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • WegWeg Posts: 544
    I was thinking about sending it all in to get 10 Oz bars. Their much easier to store and selling in the future the size should be within more peoples budget.
    In the last few CDN weeklys there are ads by Dillion Gage stating "paying 95% on silver melt lots". I've seen others paying pawn shop percentages of 75%.
    Remember, I'm pullen for ya; we're all in this together.---Red Green---
  • MoneyLAMoneyLA Posts: 1,825 ✭
    before you melt your silver flatware, check with some of the companies that buy/sell flatware.

    some patterns have a good market value because families need replacements, or want additional place settings.

    one web site/company to check is www.replacements.com which I have featured on TV many times over the years, both for buying and selling.

    you might find some patterns get a prremium, while other patterns should indeed be melted.

    frankly, the last time I heard of patterns being melted was when silver was around 50 dollars an ounce. I think at today's silver price, the cost of buying new flatware will give you more incentive to sell your flatware to a dealer for "replacement" than selling it for bullion value.
    Cheers, Alan Mendelson
    www.AlanBestBuys.com
    www.VegasBestBuys.com
  • DeadhorseDeadhorse Posts: 3,720 ✭
    I just wonder who here actually knows the reason that flatware was made of silver?

    One would think the really wealthy would want gold.

    But they didn't, and silver flatware was once very common in every household.

    Why?
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>I just wonder who here actually knows the reason that flatware was made of silver?

    One would think the really wealthy would want gold.

    But they didn't, and silver flatware was once very common in every household.

    Why? >>



    I think times were more formal then. In my grandparents (1920's) house the largest room by far was the dining room, followed by the kitchen. The basement was really cool. Full dimensional clear redwood beams and floor joists...and of course scary creatures beyond where light could reach!

    from answers.com

    from wikipedia
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    maybe sell them on the BST boards and use the money to buy some 10 oz bars
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • MoneyLAMoneyLA Posts: 1,825 ✭
    yes, there was "gold ware," and I remember seeing it in high end stores back when I was a kid... about the time my parents bought "Grand Baroque" by Wallace, which to this day remains the most popular silver pattern in America.

    My eyes opened wide when I saw the gold flatware, and I asked my parents why we couldnt get "that."

    And the answer was .... it costs too much.

    And I suspect that was the reason gold flatware never caught on... it cost too much.

    by the way, the eating surfaces... the spoon bowls, the tines of forks, the blade of knives remained silver, because .... well, because. I don't know the answer (LOL).
    Cheers, Alan Mendelson
    www.AlanBestBuys.com
    www.VegasBestBuys.com
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>

    << <i>I just wonder who here actually knows the reason that flatware was made of silver?

    One would think the really wealthy would want gold.

    But they didn't, and silver flatware was once very common in every household.

    Why? >>



    I think times were more formal then. In my grandparents (1920's) house the largest room by far was the dining room, followed by the kitchen. The basement was really cool. Full dimensional clear redwood beams and floor joists...and of course scary creatures beyond where light could reach!

    from answers.com

    from wikipedia >>




    Sorry, no cigar. It has to do with the anti-bacterial properties of silver.

    In the old days, before refridgeration, to preserve milk a silver dollar was dropped into a bucket of it. You can try this yourself at home.

    Just pour out 2 large glasses of milk and leave them on the table, room temperature. Put a silver dollar or a round into one, leave the other alone.

    The results will amaze you a day or three later.

    It's the reason that hospital air ducts are coated with .999 silver as well.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • DeadhorseDeadhorse Posts: 3,720 ✭
    So has anybody tried my experiment?

    That's why the gold flatware was silver where it would be in contact with food.

    Actually, it's quite healthy to drink colloidal silver on a regular basis.

    There is no truth to the rumor that a person's skin can become blue from silver ingestion.

    Silver kills over 6,000 known bacteria on contact, it has no effect on the helpful bacteria in one's intestines.

    Isn't life interesting?
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • ttownttown Posts: 4,472 ✭✭✭
    Everyday with colloidal silver. It's a known fact and is why they put silver in all of your high end water filters. It kills bacteria and viruses and I haven't been sick in 10 years.
  • Danny9995Danny9995 Posts: 115
    Silver has seemingly endless uses in the medical field. They are now even saying it has uses in the treatment of cancer. Not to mention all its industrial uses. I have to believe that when the economy recovers, we are going to see silver going up pretty far behind its recent $20 highs. I think that is one reason that you cant find physical silver anywhere near its current spot, people know that $10 an ounce is crazy low. Silver is worth more than that, and I think I am being conservative to predict $35-$40 an ounce within 5 years.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>I think I am being conservative to predict $35-$40 an ounce within 5 years. >>



    I think you are too. We are facing a real shortage of the metal, nearly all of it is already gone.

    After industry, medical usage takes the most.

    5 years? I'm thinking more like $125 an ounce.

    Without silver, 3rd degree burn victims would all die like they used to.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • TrustNo1TrustNo1 Posts: 1,359 ✭
    what would sterling say on the flatware if not .925??
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>what would sterling say on the flatware if not .925?? >>




    IIRC, the flatware isn't marked with any numbers.

    It may or may not say sterling on it, though the packing material/display box would say it boldly.

    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • TrustNo1TrustNo1 Posts: 1,359 ✭


    << <i>

    << <i>what would sterling say on the flatware if not .925?? >>




    IIRC, the flatware isn't marked with any numbers.

    It may or may not say sterling on it, though the packing material/display box would say it boldly. >>

    thanks...My sis has tons of older from WM Rogers and some of it doesnt say .925, though I thought they were all marked.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>

    << <i>

    << <i>what would sterling say on the flatware if not .925?? >>




    IIRC, the flatware isn't marked with any numbers.

    It may or may not say sterling on it, though the packing material/display box would say it boldly. >>

    thanks...My sis has tons of older from WM Rogers and some of it doesnt say .925, though I thought they were all marked. >>





    Just ring the tines of a fork. Like you would with a tuning fork. If it rings, it's sterling.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • TrustNo1TrustNo1 Posts: 1,359 ✭
    the one she gave me to check on the silver content does have a nice ring to it.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>the one she gave me to check on the silver content does have a nice ring to it. >>




    I think most of us know the ring of silver, it's fairly unique. Sounds like you have some sterling there.

    I don't believe any silver flatware made in the last 140 years or so was anything other than sterling.

    I have seen very old spoons that were 22K, but we're talking 300+ years old, worth more as a collectable. Quite a bit more, in fact.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
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