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?
     
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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.
     
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Does this answer your question?
    A sugar spoon
    IMG_1149.JPG
    A food pusher
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    Hair curlers heated by a hurricane lamp
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    Sugar cube tongs
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    Ice cube tongs
    IMG_1154.JPG
    A baby teething ring
    IMG_1155.JPG
    Hat pins
    IMG_1156.JPG
     
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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.
     
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  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.
     
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  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. :)
     
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  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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