The|Coinologist.

There are two stories that come from this Library of Congress photo.  One being the photo itself, named “Wilson Silver Service,”  Wilson being my surname, and the second being the value of silver items like this.  With Silver at such highs, and being in the business of silver,  I frequently have people asking me “how much is my silver worth, I never use it.”  There are a few things everyone needs to know upfront.  One:  Silverware has to be stamped “Sterling” to have precious metal value, meaning if it is only silver plate, try to sell it as the antique it is.  Two:  Any business that is buying this has to accumulate a certain quantity until they have enough to send to a metal refinery, they don’t do smelting in the back of their shop.   Three:  Last but not least don’t forget about the heirloom value of your silver, someone in your family bought this or received it as a gift and that should be considered before parting with your Silverware.  Check out other Coinologist archive photo posts here.

Photo:  Library of Congress