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Best Place For Silverware Appraisal

Posted on 1/28/17 at 2:13 pm
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4139 posts
Posted on 1/28/17 at 2:13 pm
I have an antique silverware set handed down I want to have appraised to put insurance on. It's a large set, and some pieces are rare., and I haven't seen much online to help. Not sure what the best way to go about getting it appraised, but figured I'd ask here to see if anyone has any experience with it in the Baton Rouge area. Thanks for any advice.
Posted by Mir
Member since Sep 2016
2777 posts
Posted on 1/28/17 at 2:14 pm to
Antique road show
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 1/28/17 at 2:14 pm to
Wait for the antique roadshow
Being the silverware
??????
Profit
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68314 posts
Posted on 1/28/17 at 2:15 pm to
Is it real silver?
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4139 posts
Posted on 1/28/17 at 2:17 pm to
Yes it's real silver. Some pieces came out of occupied Japan.

Edit: there's flatware, serving trays, coffee pots, etc.
This post was edited on 1/28/17 at 2:22 pm
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4139 posts
Posted on 1/28/17 at 2:19 pm to
quote:

Antique road show

Sorry, I'm not lugging what's estimated at 120+ pounds of silverware around to a road show.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 1/28/17 at 2:23 pm to
Well, silver is pretty cheap right now. If you would have sold it 4 years ago you could have gotten much more.

If it really is 120+ lbs, then it's $30k spot price alone. A few years ago it would have been $70k spot price.
This post was edited on 1/28/17 at 2:25 pm
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4139 posts
Posted on 1/28/17 at 2:25 pm to
Not looking to sell it just insure it. They asked what the appraised value was, and for that I don't have a clue. Not even sure who sets a table like this really anymore. My grandparents used it often, but that was a different time.
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4139 posts
Posted on 1/28/17 at 2:26 pm to
Wow didn't realize metals fluctuated that much. Thanks for Intel bud.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 1/28/17 at 2:27 pm to
quote:

Not even sure who sets a table like this really anymore.


State dinners
Posted by PaperPaintball92
Fly Navy
Member since Aug 2010
5297 posts
Posted on 1/28/17 at 2:28 pm to
Are they sterling silver, or just silver plated?
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4139 posts
Posted on 1/28/17 at 2:30 pm to
Sterling
I know it's from the 30's -40's timeframe, but not much else.

Edit: it's a complete flatware service for 12 with all the other items mentioned.
This post was edited on 1/28/17 at 2:33 pm
Posted by GingerMerkin
Member since Oct 2012
811 posts
Posted on 1/28/17 at 2:46 pm to
Get it insured for the silver value + 30%
Posted by ChenierauTigre
Dreamland
Member since Dec 2007
34521 posts
Posted on 1/28/17 at 3:58 pm to
I would call a couple of auction houses in New Orleans.
Posted by HaveMercy
Member since Dec 2014
3000 posts
Posted on 1/28/17 at 3:58 pm to
Find a local dealer that does appraisals - like an antique store. Steer clear of jewelry stores - they will probably charge more to do the approaisal.

Don't insure them for the price per pound of the silver. A lot of the value is in the age and the craftsmanship. The occupied Japan pieces can get especially pricey.

Go to this website called replacements.com to get an idea of what people are paying for your pieces.
Posted by weadjust
Member since Aug 2012
15110 posts
Posted on 1/28/17 at 4:15 pm to
I can appraise it for you. What is your address and when are you not home?
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 1/28/17 at 4:22 pm to
Auction house in NOLA or a jeweler that sells this stuff.

Claude Moore in Mobile, AL will do it. They may be able to rec someone here.
Posted by SNAPPERHEAD
Possumneck, Ms.
Member since Jan 2006
10049 posts
Posted on 1/28/17 at 4:29 pm to
Occupied Japan items used to bring a big price. As of about the late 90s it really doesn't really bring a premium.
Posted by TurkeysAndBees
Member since Jan 2017
651 posts
Posted on 1/28/17 at 4:41 pm to
I've had large quantities of silver appraised in past years. I'm no expert but seems that silver is appraised mostly at currant market / weight price regardless of form... whether old coins, bullion, bars, silverware, or antique jewelry. There is a shop on Corporate a few door down from Jason's Deli, in the corner, that I found to be more knowledgeable than most. They also gave the highest values of the few I checked. Sorry, don't recall the name.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65714 posts
Posted on 1/28/17 at 5:32 pm to


I've bought several antique Silverware sets for wedding gifts.
(Nieces, nephews)
They haven't cost much over their silver specie value.
12 place settings with serving utensils for ~$3-4k each
One set was from the 1950s and unused.
The market is depressed, virtually no one eats formally anymore.

I got a friend in the business, retail in a Royal Street shop would bring a much higher premium. Some of those same shops offer appraisal services.
This post was edited on 1/28/17 at 5:34 pm
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