Below is and example
that we posted when silver was $40+
Our clients listen to us, did you?
Today 4-14-2013 now it is $24.50
Time to sell your silver? Blog
Posted April 1-2013
Posted by: RareSterling.com
$40+? $3-$40 in 10 years?
Goblets for example.
Below is a set of Reed & Barton Francis
I Sterling Goblets.
has a date coded symbol on the bottom which dates
them Pre 1958. Second, these goblets have gilded interiors
which were a special ordered add on. So you have the top
collected pattern in Francis I, an older set with gilded interior.
All of those factors make these goblets highly
and have multiple
investment and and price stabilization factors.
The price of a regular Francis goblet start at $600
$1,000 for hand chased with gold wash interior.
All of those factors together is why these goblets will never be
As other regular silver goblets
get melted and less are available, rare pattern value will rise
as the older collectors compete with the younger collectors for quality.
Below is a set of Reed & Barton H-120 Sterling
These Goblets even though are
made by the same company
and share a
similar shape are completely different for a few reasons.
2-15 years ago when the price of silver was between $4 to $15 these
goblets were easy to find between $50-$80 each and max retail value was $160.
Today with silver near $40 per ounce these goblets
at 5.8 troy ounces carry a
value. Considering the economic condition, the
retail value for the last 15 years is now equal to the melt value makes these
goblets bring in a max price range just melting. They carry no extra pattern value,
no extra add on value, and are just as common as
any other plain goblet in the market.
you can now see that some silver is being melted, it's like finding a max retail buyer.
If the price of silver falls to $20 again these goblets will be valued
at $80-$100 again.