Selling silver cutlery can have many reasons. Who does not know it – the silverware from grandmother’s times, which has been lying unused in the cellar for many years. Meanwhile the silverware has almost completely disappeared from the tables of German families. No wonder: silver cutlery has very high demands on care and handling.
The shine disappears quickly, the silver tarnishes. This is why silver cutlery often only lies around in drawers or slowly but surely dusts into the cellar. The masses of forks, spoons and knives from grandmother’s time are no longer needed. That is why many people decide to make their heirlooms cash. We inform you about the most important facts about “Selling silver cutlery”.
Avoid mistakes when selling silver cutlery
- circulations of air
- do not clean with toothpaste
Valuable silver cutlery – recognise true treasures
Silver cutlery rarely has artistic added value. The purchase price is determined by the material value, i.e. by the proportion of the processed silver.
Since silver is a precious metal and thus a limited resource, its value increases. Silver cutlery, which only a few decades ago cost 100 German Marks, can now be worth many times over. If the silver cutlery to be sold is an antique, the material value is additionally supplemented by the collector’s value.
If this is not the case, the silver cutlery should under no circumstances be sold to any interested party. This is particularly advisable with very old silver cutlery, which could have a historical value. We keep seeing sellers surprised by an exceptionally high selling price they never thought possible.
Rare silver cutlery – the king’s precious silverware
Many a silverware is considered a true work of art. Especially when it has a history of historic proportions. For example, the oldest completely preserved cutlery set in the world was recently auctioned off.
This came under the hammer at Christie’s in London for 1.8 million euros. The cutlery was made in the silversmith David Altenstetter’s workshop in Augsburg and dates from 1615; the Renaissance silverware was purchased at an auction by an anonymous private collector. The set includes 36 pieces of cutlery decorated with foliage ornaments. In 2010 the Guelphs auctioned various works of art, including the silverware of George III, the King of Hanover and England.
Even if you probably do not have such art treasures in stock in your attic, you should not be discouraged. We know many bidders who were surprised by the high selling price of their silverware.
Increase the value of silver cutlery on sale
- use more budget funds for cleaning
Determine the value of silverware yourself – our recommendation
The value of silverware depends on the current silver price. That’s why there’s no point in looking up books. Because there are only a few works that have a high artistic value. The purchase price of all other silver cutlery is based on the current price of silver. You must determine whether it is silver-plated cutlery or real silver. There are different alloys of real silver, for example 999 fine silver, 800 silver and 625 silver.
The higher the number, the more silver was processed. The selling price of your silver cutlery will increase accordingly. Silver cutlery, which looks particularly precious and may even have been worked by a goldsmith, should be appraised by an expert. This can reliably determine the value and also indicate the approximate year of manufacture. Experts quickly recognize whether it is valuable silverware or not.
Silver Cutlery Purchase – have silverware sold online
If you want to sell your silver cutlery , you should find as many bidders as possible and compete with each other. This is how the principle of supply and demand works: the more bidders desire an item, the higher the sales price. On Catawiki.com you benefit from proven experts who appreciate the value of your silverware. You can sell your silver cutlery on the basis of this estimate and set a minimum price.
Catawiki.com is an online auction house with more than 14 million visitors per month. They come from all over the world and are also interested in German silver cutlery. You benefit from bidders who are interested in your jewellery and are happy to pay high purchase prices for it. At Catawiki.com, sales are notarized, which is why sellers and bidders are fully secured. The payment of the sales price takes place within a few days and is absolutely reliable. Catawiki.com guarantees its users a maximum of discretion.
- Register as a supplier at Catawiki. Registration is free and without obligation.
- Have silver cutlery inspected and estimated by experts.
- Release silverware for auction with more than 14 million interested parties.
- Secure payment received. Catawiki handles the payments for you.
Sell silver cutlery online yourself
If you would like to sell your silver cutlery yourself, you have various options at your disposal. You can advertise it in newspapers or on flea markets. Pawnbrokers and jewellers are also considered contact points. There the purchase price of your silver cutlery will be estimated. You must assume that you will receive a purchase price below the market value.
Jewellers and pawnbrokers want to make as much profit as possible. Therefore, they will set the purchase price as low as possible. You will receive the best price for your silver cutlery if you offer it to different buyers. This is the fundamental advantage of an auction: prospective buyers outbid each other with bids until the highest price for your silver cutlery is reached.
To avoid unpleasant surprises, you can set a minimum retail price. We recommend a sale on Catawiki.com – a platform with over 14 million visitors per month.
This post is also available in: German