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Well we've inherited a small amount of silver ware, I have absolutely no idea if any of it is worth anything. Do we have any thoughts on how best to sell it? I'm thinking ebay, local auction house etc but have zero experience of stuff like this. Any advice welcome!
Auction house is easy, may not be best £ tho. Wait till after Xmas.
Get it independently valued before you sell. Expect to pay a fee for this. Worth it if you have anything actually valuable.
My wife inherited some jewellery from a great aunt. Didn't look like it was worth a great deal. Spent £150 getting it properly valued. Total market value 3 years ago was just under 20k.
Get it independently valued before you sell. Expect to pay a fee for this. Worth it if you have anything actually valuable.
Certainly do some sort of research - if you go down the ebay route then the more knowledgable you are the better the value you can realise from it. Getting the right words in the title of the auction is key. If there is anything of value the people who are after it will have saved searches and will get notifications. That could be name of the maker but also using the right words to describe the era and the style.
drag it round the local dealers and ask how much will you give me.. free valuation on the spot. 'market values' 'insurance values' non are worth the paper there on.. money talks and gives the true value..
ebay to test the waters or local auction rooms.. IF they get a decent silver buying crowd..
Weigh it first and google 'buy silver by weight', as this will be the minimum you'll get. I got nearly twice as much online as from the local shops when selling some featureless stuff.
Thanks everyone - didnt know who else to ask!
Anywhere near to N. Yorks or Leics?
Tennants auctioneers seem to get really good prices in their sales, far more than I would expect. Look at their website, search past auctions to see if there is anything similar to what you have. Their commision is high (17.5%), but they get better prices than most others.
I sold a few things, and got more than anywhere else, even after commision - dont bother with ebay, the prices for silver there are below scrap value at times - as I found to my cost when I sold a few teaspoons last week.
have a look for hallmarks, just to make sure you know what you have, ie silver content origin etc. can be forged but nothing is perfect.
Make sure it is silver first by checking for a full english hallmark.. typically there are a few marks ie an anchor, a lions head, a letter and maybe a makers initials. They will denote the city, year and maker. You could always buy some cheap digital scales and weigh it up so you will have a good idea of scrap value. If it has epns (silver plate) you will get eff all for it unless its finest quality sheffield plate. Feel free to post a few photos and we can let you know
Thanks cloudnine, will get some pics up soon. Alani- I'm in Newcastle so will try the locals first I guess, but thanks for the tip
I'm sure these lads will give you a fair price for it:
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