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Author	Topic: the value of silver?
Squirley504@ unregistered	posted 05-25-2001 11:38 AM What is the best way to find out the value of silver? Thank you Shirley Rice IP: Logged
Scott Martin Forum Master Posts: 11520 Registered: Apr 93	posted 06-17-2001 11:30 AM A simple way to get an idea of the value of your silver is to watch eBay for the next year and see what several similar items sell for. Or you could secure the services of a professional appraiser. To request information about an professional appraiser in your area, go to here. The following is from this link: quote: Appraisals Ask 10 people on the street what an appraisal is and how an appraisal is done and you will get 10 very different answers. The common thread heard is that an appraisal tells you "what it is worth" and is usually obtained by "asking/calling a dealer." In the simplest of terms this is generally correct. However, please don't contact us or any professional appraiser requesting a phone or email appraisal because if you need the appraisal for legal, tax, business, insurance, replacement, damage, loss, charitable gift, gift, estate, equitable distribution and/or other professional reasons a phone or an email appraisal will prove to be very inadequate. A professional appraiser cannot appraise your silver without personally inspecting it. Please don't waste your time asking for an appraisal based solely on your description or photographs. When you deal with a trained professional appraiser, one who belongs to one of the personal property appraisal associations (AAA, ASA, ISA), you will receive a documented comparative analysis as a written appraisal. A professionally written appraisal comes at the conclusion of a series of very specific and uniform steps which include: personal inspection, research, documentation and a comparative market study. A professionally written appraisal will conform to a standard called USPAP or Uniform Standards of Professional Appraisal Practice. Your appraisal when done properly can take a considerable amount of time so be prepared to compensate the professional appraiser accordingly. Also be sure that the appraiser specializes in the types of items being appraised. When you ask for and get a verbal or a "seat of the pants" (or Internet) written opinion this is not an appraisal, it is only a guesstimate. When asking a dealer for their opinion, remember they have to balance what they tell you. The dealers guesstimate usually falls somewhere between what they would buy it from you for, what they would sell it to you for and what they think will make you happy. This is not an objective opinion and so the declared value could be way off either way. To find an appraiser in your area click here. IP: Logged
Ulysses Dietz Moderator Posts: 1265 Registered: May 99	posted 06-21-2001 09:38 AM The value of silver as a metal is as low as it's been in decades--less that $3 per ounce (it varies every day). This, from a curator's perspective, is good, because peopel won't steal silver to melt it down (i.e. they'll be stealing it for a GOOD reason(?!)). Two pieces of silver, of the exact same date and the exact same weight can be worth vastly different amounts, based on factors like condition, style, quality, maker's name, country of origin, etc. It is indeed subjective, and it is a very complicated kind of subjective. Silver that is seen as "cutting edge" in style (art nouveau, Japanesque) is worth more than silver in a "traditional" style (Georgian style, French Louis-who style, etc.) This, however, is not the way the silver makers saw their work in, say, 1900. The amount of workmanship that went into a piece will often be less interesting to a modern buyer than the style and design--thus conservative style silver can often be, ounce for ounce, the best buy. Some museums have wised up and are looking seriously at "beaux arts" style silver from the late 19th century, but not many. IP: Logged
karen Posts: 16 Registered: Oct 2000	posted 07-12-2001 06:28 AM The value of silver: this is your formula number of grams x 1.43 x 25% will give you a market price for any amount of hand-wrought or manufactured silverware. The rest of the prices I'm afraid is left to RRP or any other price difference which may or may not affect your world economy. Love K IP: Logged

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