Sterling dinnerware: Is there a place for sterling in "your stack?"

Discussion in 'Bullion Investing' started by myownprivy, Jan 8, 2020.

  1. myownprivy

    myownprivy Well-Known Member

    Do you accumulate silver with noncoins and bars? For instance, how many of you thrift sterling dinnerware: utensils, bowls, candle stick holders, napkin rings, etc?

    Do any of you actually USE any of these items in your home? Or, do you resell it or refine it yourself to 999?
    ripple likes this.
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  3. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Not me. Numismatic rounds are all that grabs my interest. I do have a decorative few bars mixed in that came to me as gifts one way or another.
    ripple and Inspector43 like this.
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Does this answer your question?
    A sugar spoon
    A food pusher
    Hair curlers heated by a hurricane lamp
    Sugar cube tongs
    Ice cube tongs
    A baby teething ring
    Hat pins
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  5. myownprivy

    myownprivy Well-Known Member

    That stuff's great. Besides the sugar spoon, what could you possibly use? It's tempting to try to start using things on a daily basis at my home so I can be a fancy pants and eat from a silver spoon.
    ripple likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    We can use almost all of them. That is just a small assortment of what I actually have. We are into antiques.
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  7. furryfrog02

    furryfrog02 Well-Known Member

    Only sterling I have is in the form of coins. When we go to thrift stores I always check the dishes to see if there is any but it is always plated crap.
    ripple likes this.
  8. -jeffB

    -jeffB Greshams LEO Supporter

    I wouldn't turn it down for free or a small fraction of melt value. But we're already overwhelmed by clutter, and the last thing I want is a new class of collection that doesn't store compactly. And I don't think I'd want the fuss and bother of maintaining sterlingware for daily use.
    ripple and Paul M. like this.
  9. Histman

    Histman Too Many Coins, Not Enough Time!

    I collect whatever I can find in Sterling out at the swamp meet or in thrift stores. I also get anything "weighted Sterling" and break it down for the silver itself. Eventually, I will sell it all in one lot and use the money for coins. :)
    ripple likes this.
  10. medoraman

    medoraman Supporter! Supporter

    I have been thinking for a few years of getting a nice 12 place sterling set. I have no idea why, just that I have always wanted one. Would I consider part of my silver pile, maybe, but I know that selling for melt you take a huge hit. My "problem" is I know the buyers pay WELL under when they buy, but all I have met seem to want hefty premiums when they sell. Great if you can get it, but I would prefer a narrower buy/sell spread. Knowing they buy so far under melt, I am holding out for a set I like around melt, but haven't found it yet. I am not in a rush.
    ripple likes this.
  11. myownprivy

    myownprivy Well-Known Member

    The problem I see is buying a new sterling dining set is radically overpriced relative to its melt value. But the other problem is finding a full set (or close enough to full that it is useable) at a thrift store or antique store is very difficult.
    ripple likes this.
  12. ripple

    ripple Member

    Plus 1, I recently got a necklace cheap and I don’t wear jewelry, except for cheap watches, so I sold it and bought an ASE.
    Mr. Flute likes this.
  13. TheFinn

    TheFinn Well-Known Member

    The only one I wouldn't keep are candlestick holders. They are just foil filled with clay and wax.
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