sterling silver. can you help me with the silver content?
MoneyLA
Posts: 1,825 ✭
I have Wallace Grand Baroque, with service for 12, six pieces per place setting, plus six serving pieces. A total of 78 pieces.
Each place setting is:
1 dinner fork
1 salad fork
1 soup spoon
1 knife
2 regular (tea) spoons
On ebay, a dealer says a 48 piece setting for 12 (one dinner fork, one salad fork, one knife, one spoon) has 78 troy ounces of silver.
how much silver have I got?
Each place setting is:
1 dinner fork
1 salad fork
1 soup spoon
1 knife
2 regular (tea) spoons
On ebay, a dealer says a 48 piece setting for 12 (one dinner fork, one salad fork, one knife, one spoon) has 78 troy ounces of silver.
how much silver have I got?
0
Comments
I think that dealer on ebay is a little optimistic.
Overall, I think you'll average less than 1OZ of silver per piece. The knife blade is steel.
I checked Wallace's website to see if they had any specs listed and they dont, so I sent their customer service dept an email.
www.AlanBestBuys.com
www.VegasBestBuys.com
Sterling is supposed to be .925, therefore it would be ~36.625 grams sterling for each Troy Oz of .999 fine
Additionally, using a standard (US - Avoirdupois wieght) scale, since there are ~454 grams in a US pound, a US ounce = ~28.375 grams
Again with Sterling being .925, it would be ~1.186 US ounces sterling for each Troy Oz of .999 fine
Hope this helps ...
Someone else can confirm my math ... however it's early, and I have only had one cup of coffee
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<< <i>Good morning ... I mostly just read on the PM side, but if your scale weight can be done in grams, then a Troy Oz = ~31.1035 grams
Sterling is supposed to be .925, therefore it would be ~36.625 grams sterling for each Troy Oz of .999 fine
Additionally, using a standard (US - Avoirdupois wieght) scale, since there are ~454 grams in a US pound, a US ounce = ~28.375 grams
Again with Sterling being .925, it would be ~1.186 US ounces sterling for each Troy Oz of .999 fine
Hope this helps ...
Someone else can confirm my math ... however it's early, and I have only had one cup of coffee >>
Absolutely right. Weight all the sterling pieces, not the knives. Take the total in ounces and divide by 1.186 and you end up with the actual ounces of silver. If you were to junk the set, most refineries would pay 90%. Through the refining process, you will lose some silver, up to an additional 10%. If it is definitely sterling, and you wish to junk it, I would think that a refinery would pay you betwen 68% and 75% of current spot when weighed in regular US ounces (.911 troy x .925 sterling x .9 refinery payout).
>
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bob
<< <i>The math is easy.
Just weigh on your postal scale and multiply the results by .911 to get troy pounds.
Then multiply this amount by 12 (troy ounces in a troy pound).
Then multiply this amount by .925 (fineness)
The result is troy ounces of silver.
Multiply that by the price of silver.
Example: 2.6 postal pounds of silver (no knives)
2.6 x .911 =2.3686 troy pounds
2.3686 x 12 = 28.4232 troy ounces
28.4232 x $46.88 = $1,332.48 value of the silver at the market price of $46.88
bob >>
I believe your conversion from pounds to troy pounds is flawed. 2.6 postal pounds equals 41.6 ounces or 37.9 troy ounces. I would weigh in ounces and do the conversion from there. I would not use pounds. In your example above, you need to take your 28.4232 troy ounces and multiply by 16/12 (postal ounces in a pound divided by troy ounces in a pound). The .911 conversion factor is for postal ounces to troy ounces, not postal pounds to troy pounds.
>
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My friend the Beverly Hills pawn shop operator told me that he knows of "sterling silver" marked 925 that has knives filled with sand or some base metal for strength.
this is a new one on me????
anybody else???
www.AlanBestBuys.com
www.VegasBestBuys.com
<< <i>well, it turns out that there is a new "wrinkle" besides the math.
My friend the Beverly Hills pawn shop operator told me that he knows of "sterling silver" marked 925 that has knives filled with sand or some base metal for strength.
this is a new one on me????
anybody else??? >>
I thought that was STANDARD - for knife handles to be filled with some non-precious metal to reinforce the blade.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>
<< <i>well, it turns out that there is a new "wrinkle" besides the math.
My friend the Beverly Hills pawn shop operator told me that he knows of "sterling silver" marked 925 that has knives filled with sand or some base metal for strength.
this is a new one on me????
anybody else??? >>
I thought that was STANDARD - for knife handles to be filled with some non-precious metal to reinforce the blade. >>
Absolutely...
Knife handles are not made of solid silver.
www.AlanBestBuys.com
www.VegasBestBuys.com
Most people usually value knives at 10g-15g of sterling.
Too many positive BST transactions with too many members to list.
Most scrap dealers on larger buys figure them for almost nothing as refiners won't accept them unless the steel and filler has been completely removed. Too much labor, trust me on that!! Half the time you have to peel the thin handle off like a banana in sharp jagged pieces. Time, effort and danger!! I've shed a drop or two of blood over the years. The weighted filler is common on candy dishes, candlesticks, etc.
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While you were trying to determine the value of the knife the price of the load dropped 10%.
I wouldn't sell that set unless it was a matter of whether you had food on the table or not. Use the set 24/7 and see if handling the silver improves your health and immune system. It does for a lot of people. Cheap $2000 investment not to get colds and the flu.
regards
<< <i>well, it turns out that there is a new "wrinkle" besides the math.
My friend the Beverly Hills pawn shop operator told me that he knows of "sterling silver" marked 925 that has knives filled with sand or some base metal for strength.
this is a new one on me????
anybody else??? >>
I have purchased lots of sterling in the past few years and yes, the knives are usually filled with cement. Depending on the size of the knife, it takes about 3 knives to make an ounce - 4+ if they are small.
Candlesticks and other items are weighted for strength. You have to peel/cut off the silver to get a true weight.
Every sterling silverware set is different so as the others have written, you have to weight everything except for the knives.
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Indeed, their sterling silver knives have a stainless blade, and the handle is sterling silver covering "cement" that secures the blade. It took Wallace about two weeks to research this for me.
They did not give me the actual silver content of the knife, nor the weights of the blade or "cement."
I was told (and I dont know if this makes sense or not) that the sterling silver on the handle is made of two halves that are "soldered" together to create the handle over the cement and blade base.
I did not pursue my questions about the actual silver content of the knife.
www.AlanBestBuys.com
www.VegasBestBuys.com
Generally, the two halves of the knife handle can get "peeled" away without much effort. No torching necessary.
Before you send your Grand Baroque to the smelter, consider selling to "Replacement's Ltd". Being that this pattern is so popular you may get more $$
Also.. You didn't mention if this was the "Luncheon" or "Dinner" sized place settings... Yes, there is a difference... Click Here
It is the dinner set.
I really dont know what to do with it. Went out to dinner with friends on saturday night and we all discussed the "relics" we inherited from our parents and grandparents.
the concensus was to sell what we dont use.
but I know my particular pattern is worth more than bullion.
one day I might shop it around locally. or maybe I'll get lucky and dining with sterling will come back in fashion.
www.AlanBestBuys.com
www.VegasBestBuys.com