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What do I do with a large amt. of Sterling

I recently came into a pretty good amount of sterling silver serving peices. Some old cream and sugar sets and that sort of thing. What I need to know is what do I do with it ? Is there a market for it in it's present state? Should I send it somewhere and have it melted? I know if I take it to my B&M store I will get shafted royally. Any help guys?
BTW, I've been off line for several weeks and it seems like a lot of things have changed so if I step out of line, someone please let me know before I get banished to the netherworld.
Thanks guys. (and gals )
Molon Labe

Comments

  • ebaytraderebaytrader Posts: 3,312 ✭✭✭
    What pattern?

    While the premium on most patterns has disappeared with the rise in silver, you just never know...

    For common stuff, expect anywhere between 80% and 84% of spot silver depending upon total weight.
  • Weather11amWeather11am Posts: 2,043 ✭✭✭
    www.midwestrefineries.com

    I've personally used them, you get a check fast and they are paying 90% of sterling. In my opinion, you can't go wrong.
  • AgBloxAgBlox Posts: 744 ✭✭
    You could always throw it on eBay. .925 seems to bring around melt on there.
  • Thanks for the help fellows. As far as Ebay goes, Im sick of getting charged to sell something then getting charged to recieve the money.
    I think I will call Midwest refineries tomorrow.
    Its a shame to melt some of this stuff but you got to do what you got to do.
    Some of it is really old and really nice.
    Thanks again .
    Molon Labe
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>www.midwestrefineries.com

    I've personally used them, you get a check fast and they are paying 90% of sterling. In my opinion, you can't go wrong. >>




    That works out to 83¼% of spot less shipping. Could prolly net close to that at most local shops.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Post pics. I'd be willing to at least take a look at it!
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • I agree with Weiss...I'd like to look at it, if you're willing...
    ASE Addict...but oh so poor!
  • Unless its some kind of rarity, you dont get much over melt via Ebay anyway and then they really screw you with fees.
  • jmski52jmski52 Posts: 22,832 ✭✭✭✭✭
    That works out to 83¼% of spot less shipping. Could prolly net close to that at most local shops.

    I'd rather do business with a local guy and build some rapport in a business relationship than to support the scandalous ebay fee structure.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MeltdownMeltdown Posts: 8,789 ✭✭✭✭✭


    << <i>I agree with Weiss...I'd like to look at it, if you're willing... >>




    I'm with these two... I'm a bit of a sterling collector myself.
  • If you guys want to see some of this stuff I will be happy to send you pics if you will send me an email addy.
    I have to go to town and use a friends DSL as I have the dreaded "diia up" at home.
    Molon Labe
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    Molon Labe
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    do not recognize the small round pieces?
    Avid collector of GSA's.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Interesting stuff, comic. But from the looks of it, you would probably do better sending it to Midwest.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    it's very important to know the pattern and be able to nail down the slight possible collectors value of your sterling before you send it the pot.




  • The small round things are a salt and pepper shaker. They are marked sterling and look like small pumpkins to me.
    Thanks for the great advice guys.
    Molon Labe
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I like those pumpkin salt and pepper shakers!

    Have you tried taking these to a antique dealer? Might get more from them as what if some are collectible and rare? Try that and if they don't offer much then send it to midwestrefineries and get it melted.
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