Question: I have a 69 piece sterling silver flatware set that weights a total of 104.55 ounces mad by International Company. Included in the set are 10 knives, one pie server, and one cheeses server, which all have stainless steel blades. All of the rest of the metal is sterling silver. – Thanks from Bonnie in Las Vegas, Nevada.
“Where to sell sterling silver flatware?” is becoming a more common question as it becoming outdated, hard to manage and more valuable refined and melted than sitting in a closet.
Thank you for mentioning the pieces that you have in your sterling silverware set that are made with other metals. Did you include these in your total weight of 104.55 ounces you gave? We would recommend weighing these items separately then you will have one weight that you know is all sterling made up of forks and spoons, and a second weight that is not all sterling made up of your knives and other sterling pieces.
For .925 sterling silver flatware we pay 75% of the fine silver content by weight. If you use our silver value calculator, an estimate of what you would receive back is 75% of that total that it gives. The calculator on our website does not take out any percentages. It provides market indications of what your gold and silver is worth if it were in an investment grade form.
Below is a screen shot where we plugged in the daily silver price (currently at $33.66/troy ounce), 104.55 average ounces, and .925 grade silver.
*This price may not reflect the current price of silver when this blog entry was posted.The output from the calculator is not a confirmation of the purchase price from Arch Enterprises.
While we are happy to give estimates on precious metal items, we are NOT antiques dealers, researchers, or retail sellers. As a precious metal refiner, we only consider the weight and amount of precious metal available to extract during the smelting and refining process.