| Not only functional, silverware can be a great investment. Silver doesn't necessarily have to be old to be valuable. Items from the 1930s are highly sought after, especially if they are from a desired pattern from a known designer, artist or maker. |
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| There are many elements that determine the value of silverware, but the key points to look for when investigating your flatware or hollowware are the maker, pattern, quality and condition of the set. |
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| Silverware is usually marked on the back of the handle. Many people assume that if it is not marked with the word "sterling," then it most likely is not sterling silver. That is not always the case. The word "sterling" is found on American silver dating after 1860. Anything before that is usually marked with the maker's name or initials. European silver is marked with a series of impressed hallmarks indicating maker, region, etc. Deciphering the marks for European silver can seem cryptic at first, but there are many helpful resources such as reference books and Web sites available to help you with your code cracking. |
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| Each maker issues several different handle patterns that vary from minimalist to ornate, all with names ranging from regal to whimsical, i.e., Buckingham, Queen Anne, Waltz of Spring, Chantilly, etc. Depending on the maker, certain patterns are more desirable and have more value in the market. |
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| Look for wear and damage. Minor damage such as dents or scratches easily can be corrected by a qualified silversmith. Extensive signs of repair should be a red flag for you, since it will diminish its value. |
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| Updates or replacements such as altered or replaced knife blades can reduce the value of your set. Sterling silver knife blades are susceptible to wear and often are replaced. One clue to a replacement blade on an older set is a stainless steel blade. Stainless steel was not introduced in flatware until the early 1920s. |
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| Flatware that is a complete set or is in its original case may prove to be more valuable, but for some, the quest of completing a set is part of the thrill and enjoyment. |
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| As a side note, I would like to mention that silver is a precious metal and has a base value regardless of the maker, pattern or condition. |
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| Whether it is a silverware set you have inherited or something you will leave as an inheritance, it is always in your best interest to know exactly what you have, especially for insurance coverage or estate planning. |
