Often we get asked questions about sterling silver flatware. First off there seems to be much confusion about what weighted sterling silver is. Also how much silver can a person expect to have if he or she has several pieces of weighted sterling silver
Our refinery does buy weighted sterling silver. Weighted silver is simply a layer of sterling silver over the top of a weight, such as clay or lead. The silver layer is much thicker than an electroplating but the majority of the weight is not silver. We have found that you can expect about 20%-30% of the total weight to be sterling silver after you de-weight the item. This is only an estimate and the weighting can vary dramatically from one manufacturer to another, however this is a good base line.
Our refinery will de-weight your items for you but it is often wise to do this yourself. This will give you a much better idea of the value of your items and make shipping easier. You can quickly deduce a rough value estimate by taking the de-weighted items and placing them on inexpensive shipping scale.
De-weighting your silver is relatively easy but it can be a bit physical and time consuming. You will need a hammer and a tin snips. Simply hit the thickest part of the item several times with the hammer and break it open. You will quickly see the weighting inside. Now take the snips and start to snip off the sterling silver cover. Soon the weight will be more exposed and you can simply pull off the remaining silver plate.
Much like gold, silver is getting to be a very hot precious metal. Silver continues to rally with the weakening dollar and uncertainty in the economy much like its big brother gold. People more and more are searching their homes for unwanted silver. Our customers are also having success with attending estate sales and yard sales. People often overlook silver at these sales and price them at well under the scrap value of the silver.
This article was written by Andy Ginster. He can be reached at Andy@buynsellgold.com.
Learn more about Sell Gold #1. Stop by Andrew Ginster’s site where you can find out all about price of gold #2 and what it can do for you.
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