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<p>[QUOTE="willieboyd2, post: 8415674, member: 4910"]Keep it or sell it? Deciding what to do with the family silver</p><p><br /></p><p>From the San Jose Mercury News, July 7, 2022:</p><p><br /></p><p>There's no right and wrong here, but if you, too, have inherited the family silver, you should know what you have and what it's worth. Just don't base "worth" on what the silver you own would cost new today - or even used.</p><p><br /></p><p>"Although new sterling flatware costs around $1,000 a place setting, you can barely give it away used," said Sandy Bourbonnais, owner of Silver Superstore, a Seattle-based online and brick-and-mortar store, which she and her husband opened 23 years ago. </p><p><br /></p><p>Thus, many sell their silver for its melt value instead. I took my silver chest to Orlando Estate Buyer in Winter Park, Fla., where owner Daniel Montesi weighed it in troy ounces and, based on that day's silver price, offered to buy it for $1,300, one-tenth what it would cost new and less than half of what it would cost used.</p><p><br /></p><p>Meanwhile, silver preservationists, like Martin Biro, part owner of San Francisco's Biro & Sons Silversmiths, says, "To us, melting sterling silver is like burning books or art."</p><p><br /></p><p>Here is the whole article which may ask for a subscription:</p><p><a href="https://www.mercurynews.com/2022/07/07/keep-it-or-sell-it-deciding-what-to-do-with-the-family-silver" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.mercurynews.com/2022/07/07/keep-it-or-sell-it-deciding-what-to-do-with-the-family-silver" rel="nofollow">https://www.mercurynews.com/2022/07/07/keep-it-or-sell-it-deciding-what-to-do-with-the-family-silver</a></p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="willieboyd2, post: 8415674, member: 4910"]Keep it or sell it? Deciding what to do with the family silver From the San Jose Mercury News, July 7, 2022: There's no right and wrong here, but if you, too, have inherited the family silver, you should know what you have and what it's worth. Just don't base "worth" on what the silver you own would cost new today - or even used. "Although new sterling flatware costs around $1,000 a place setting, you can barely give it away used," said Sandy Bourbonnais, owner of Silver Superstore, a Seattle-based online and brick-and-mortar store, which she and her husband opened 23 years ago. Thus, many sell their silver for its melt value instead. I took my silver chest to Orlando Estate Buyer in Winter Park, Fla., where owner Daniel Montesi weighed it in troy ounces and, based on that day's silver price, offered to buy it for $1,300, one-tenth what it would cost new and less than half of what it would cost used. Meanwhile, silver preservationists, like Martin Biro, part owner of San Francisco's Biro & Sons Silversmiths, says, "To us, melting sterling silver is like burning books or art." Here is the whole article which may ask for a subscription: [URL]https://www.mercurynews.com/2022/07/07/keep-it-or-sell-it-deciding-what-to-do-with-the-family-silver[/URL] :)[/QUOTE]
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