Sterling Silver Carving Set View Watchlist >
- Winning Bid: $45.50
- 24 Bid(s) View Bid History
- High Bidder: PWhite
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Lot # U331
System ID # 16931661
Start Date
End Date
1 Watching
Sterling Silver Carving Set
- Marked Sterling Handle
Condition:
Good
Size:
1 Troy Ounce of Sterling Silver
In hollow-handled sterling tableware where parts are made of stainless steel, only the sterling silver portion—typically the handle—is counted in the silver weight, often estimated at 0.5 Troy ounces (Toz) per handle. This estimation method provides a standardized approach to valuing the silver content, ensuring accuracy without overestimating the material's presence. It reflects a fair and uniform valuation across similar items, focusing solely on the silver component of mixed-material utensils.
With the current spot price of silver at $27.82 per Troy ounce (as of April 9, 2024, NY Time) (Kitco), the intrinsic silver value of this flatware set can be a significant consideration for collectors and investors alike. Remember, the market value of silver fluctuates, so keeping an eye on current prices is key for accurate valuation.
This set not only serves your dining with a flair of aristocracy but also stands as a prudent investment in sterling silver, whose value has seen a nearly 600% increase since the 1990s (APMEX). Whether enhancing your collection or investing in silver, this service combines beauty with the tangible value of a precious metal.
For the most current silver prices and further details, you might want to check live updates from reputable sources like APMEX, KITCO, or JM Bullion.
