Selling Off the Fam...
 

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[Closed] Selling Off the Family Silver

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No, really.

I've got some cutlery, a cruet set and some other silver oddments, mostly given when I was a boy by business associates of Mum's.

Looking to sell, but absolutely no idea what they're worth or how to go about it.

If I go to a dealer am I likely to get ripped off?
Could I get a price from more than one and just take the best offer?
Should I clean them up first?

As always, all advice very much appreciated.

APF


 
Posted : 30/05/2016 5:08 pm
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I had something a bit similar once. A quick look on eBay sorted out what the value was from the name and markings. Might depend on exactly what it is though as the stuff I had wasn't hugely valuable


 
Posted : 30/05/2016 5:10 pm
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Oddly, am in a similar situation.

Currently just chucked it in a draw, as doubt it's worth much.


 
Posted : 30/05/2016 5:12 pm
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If any good it may go into a specialist auction. Old leftover house clearance type stuff is generally not worth much though - we've bought and sold a fair amount of various furniture and household stuff for peanuts.


 
Posted : 30/05/2016 5:58 pm
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If you sell, make sure you get at least the scrap value.


 
Posted : 30/05/2016 5:59 pm
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Thought this was going to be a thread about the Land Registry


 
Posted : 30/05/2016 6:00 pm
 br
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[i]If you sell, make sure you get at least the scrap value. [/i]

as long as it is hallmarked that'll be about the most you'll get


 
Posted : 30/05/2016 6:00 pm
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Silver is at £10.93 per Troy ounce at the moment. For scrap silver you won't see much more than £6-8. The value in most cases is related to the actual piece, attractive items will carry more value. Hall mark means a lot, three numbers indicate the quality of silver (925= 92.5% silver, known as sterling silver. 999 is known as pure. Most items are 925 or plated so this will be reflected in value.

If you're feeling brave, melt it down into billion ingots, although they'll have no stamp, you should get £10 per TRoy ounce with a smart dealer.


 
Posted : 30/05/2016 6:47 pm
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Take it to an auction house for a valuation. They're usually free.
If you decide to sell through them though, bear in mind you'll be paying 15-25% (+VAT) commission and the buyer will be paying the same, so you won't end up with much.
Makes EBay look good value!


 
Posted : 30/05/2016 7:53 pm
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I've got one silver plated hallmarked tablespoon. Probably worth £1. 😀

Wouldn't sell it because, a. it's worth shit all, and b. it's a really useful spoon.


 
Posted : 30/05/2016 10:29 pm
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£1 for a plated spoon - more like 10p, unless it is in particularly good condition.
We had a load of plated cutlery. Advice was to try it on ebay - no bids at all. Take it to an auction - 'sorry, not worth anything'. We took it to a charity shop in the end.


 
Posted : 31/05/2016 6:37 am
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Ebay is our friend, we sold a full boxed cutlery set in EPNS for £80, which we thought was pretty good. We took a lot of time polishing them all first then took detailed photos, which looked nice.

I dread to think how much unwanted clutter we would have in our house if we hadn't sold so much on Ebay. Anything we can't sell goes straight to a charidee shop.


 
Posted : 31/05/2016 7:13 am
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OK, polish and EBay it is then.

APF


 
Posted : 31/05/2016 8:19 am