Tips on Selling Silverware

Tips on Selling Silverware

Not all silverware is created equal. They come in many different designs, both modern and traditional. You may have been gifted a set or maybe you inherited silverware as a family heirloom. People have different tastes and if the silverware you have is not a set you would like to keep; you can sell your silverware for cash. In fact, selling silverware for cash is one of the easiest and most reliable ways to divest yourself of silverware you no longer want and earning a profit.

People have different tastes. Perhaps you were given a set as a gift or maybe you just inherited silverware that’s considered a family heirloom. If you are not interested in keeping these items, selling your silverware for cash is the easiest and most reliable way to not only earn a profit, but also a way to divest yourself of the silverware. There are some steps you should follow, though, when it comes to earning cash for silver.

1.      Know How Much Is Silverware is Worth

Before you sell your silverware, it is important to know how much silver silverware is worth. That is an important distinction to make. Your silverware must be either pure silver of sterling silver to be worth anything at resale. Silver-plated flatware has little to no resale value because it does not contain enough silver and removing the plating is an expensive process.

Each set of silverware is different and comes with its own characteristics such as patterns and age. If your silverware is tarnished, you DO NOT need to polish it yourself. There are many chemicals in the polish that can actually ruin your silverware more, affecting the final price. Consider a professional who can properly clean and polish your silver. Tarnished silver will not affect the metal content, but it can affect the resale value.

Each piece of silverware in a set will have a different price, such as corking forks as opposed to serving spoons. Random pieces sold separately still have value, but whole collections are worth more. Consult a professional or do your own research on the silverware you currently own. Each piece is stamped or labeled so you can look it up online for more information.

2.      Know How to Sell Your Silverware

It is important to determine what you are going to do with your silverware. Many people get their silverware polished and sell it as part of a whole collection to antique collectors, while others sell it to trusted places that will melt it down instead of refurbishing it and give you cash for silver.

At Goldfellow, not only can you get cash for gold in Florida, but you can sell your silverware and silver coins to us in any condition. Contact us to learn about our specialty services and how to sell your silver to our trusted mail-in gold buyers and silver buyers.

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