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Author Topic:   Selling By Weight
Dale

Posts: 2132
Registered: Nov 2002

iconnumber posted 10-24-2005 09:47 PM     Click Here to See the Profile for Dale     Edit/Delete Message   Reply w/Quote
A question that I continuously try to solve is this: when posting silver at a well known on line auction site, is it a good idea to give the weight of an item?

My personal feeling is that it is not. This is not corned beef, it is a precious metal that has been worked and shaped into an item that is both useful and beautiful. The weight should have nothing to do with it.

On the other hand, people keep demanding the information.

What do people here feel about listing weights of items when selling?

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tmockait

Posts: 963
Registered: Jul 2004

iconnumber posted 10-24-2005 10:25 PM     Click Here to See the Profile for tmockait     Edit/Delete Message   Reply w/Quote
I bought a silver bracelet in Mali this summer and paid for the item by weight with nothing added for the artistry.

When silver items were converted to coin and vice versa, weight and purity would have determined value. I doubt that this detail would tell a buyer that much.

Good luck,
Tom

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swarter
Moderator

Posts: 2920
Registered: May 2003

iconnumber posted 10-24-2005 11:00 PM     Click Here to See the Profile for swarter     Edit/Delete Message   Reply w/Quote
Actually, in combination with other characteristics (especially size), it can tell you quite a bit. If you know the weight of an average spoon of a given size, for instance, a heavier spoon would usually be of better quality than a lighter one, which might be flimsy. It can tell you something about when an object was made, or where, or whether the marks might not be genuine, if you know what sort of work is typical of a particular maker or period or region. Any bits of information can be useful to someone, somewhere. I weigh everything silver, and not for value by the ounce.

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jersey

Posts: 1203
Registered: Feb 2005

iconnumber posted 10-24-2005 11:06 PM     Click Here to See the Profile for jersey     Edit/Delete Message   Reply w/Quote
Hi Dale!

Don't know if this helps but perhaps those buying silver want to know if at least they will get their "money's worth." I have also heard it mentioned that for example (I am just making up figures here), if Silver is say 5 dollars an ounce why by the same token Tiffany silver is valued at 15 dollars an ounce....... I don't know, maybe someone can tell me?

Also obviously I guess, a silver spoon or whatever can have different weights, not every manufacturer puts the same amount of silver in its piece. As you say, silver is silver & has a spot market value.

However it seems manufacturer makes a difference for some reason, perhaps that is what they are basing the price on, I can readily understand how design etc. would certainly come into play in terms of craftsmanship for added value but for the weight alone????????

OTOH why not just give the weight & make them happy, then you don't have to have them ask the question.

I hope you can understand what I am trying to get across.

Have a great day!
Jersey

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ahwt

Posts: 2334
Registered: Mar 2003

iconnumber posted 10-24-2005 11:17 PM     Click Here to See the Profile for ahwt     Edit/Delete Message   Reply w/Quote
Questions about weight may arise because so many museums catalogs, books on silver and other scholarly works include the weight of the object. From this I might come to the conclusion that if all these important people report weight, then it must be important. What I think actually happened it that all these folks all went to the same report writing class and simply copied the style that preceded them.

I must admit I have little sense of what a heavy silver cup weights as opposed to a not so heavy silver cup and I do not think it is important. The form of the cup, the engraving on the cup, its individual beauty is what matters and of course what impact it has on my senses.

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Marc

Posts: 414
Registered: Jun 2002

iconnumber posted 10-24-2005 11:42 PM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Hi guys,

Really quick .. and I will follow up later.
All of the major Auction house list silver by weight in their catalogues.

Later,

Marc

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Marc

Posts: 414
Registered: Jun 2002

iconnumber posted 10-25-2005 12:17 AM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Once again dear friends,

For so long gold and silver were considered bankable comodities. Families tied up fortunes in silver as a hedge against inflation or war.

Until the 20th century, silver was sold by weight. Wages for the silversmiths, were not high compared to the cost of the silver.

I am pretty sure that auctions started out listing the weight of silver and gold objects
to inform the public of the minimum value of the object.

As a small time dealer in silver, and buyer (and seller) on the great nameless on line auction company, I find that the more information I have on an object, the better decision I can make concerning weather or not to bid, as well as how high I should bid.

Since, in most cases, I can't touch, inspect, or fondle the auction item, the more information I have on it, the more informed my decision will be. Weight is one of those variables as is size and who made it. Good photos are also a must

Hope this helps..

Please list weights on your auctions..
You will get fewer questions and probably higher bids.

Thanks.

Marc

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Marc

Posts: 414
Registered: Jun 2002

iconnumber posted 10-25-2005 12:20 AM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Dale,

One more thing.. If you are selling in person, the weight does not matter as much as it does on an online auction. The touchy-feely aspect will usually overcome the need to know the weight.

Respectfully,

Marc

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Kayvee

Posts: 204
Registered: Oct 2004

iconnumber posted 10-25-2005 09:10 AM     Click Here to See the Profile for Kayvee     Edit/Delete Message   Reply w/Quote
To add to the weight argument, different cultures have different expectations about silver. One of the many positive aspects of dealing on the Web is bringing together buyers and sellers from around the world. I doubt you'd get a European buyer on that well-known international auction site without giving the weight of your object in grams, as this is how silver is sold in other countries, as has been stated. Go for grams AND ounces.

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Dale

Posts: 2132
Registered: Nov 2002

iconnumber posted 10-25-2005 01:32 PM     Click Here to See the Profile for Dale     Edit/Delete Message   Reply w/Quote
Thank you all for the kind suggestions. Marc, the point about in person versus on line is well taken. My resistance to listing weight comes from in person experience. When I did shows, I kept meeting oafs who ran around with hanging scales yelling about scrap plus a dollar an ounce for Georgian silver. This turned me off from weight based sales totally. Plus, silver spot has been declining now for almost 25 years.

When I put up a major item, like a Lebolt horse trophy, I do put in weight. Just don't do it for minor ones. like ashtrays and spoons. Does this make sense?

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Kimo

Posts: 1627
Registered: Mar 2003

iconnumber posted 10-25-2005 03:32 PM     Click Here to See the Profile for Kimo     Edit/Delete Message   Reply w/Quote
Unless something weighs only a few grams I would agree with the others that including the weight is important as an indicator of its relative quality and to give a potential buyer a better sense of the object for which they only have some low resolution photos on their monitor screen. When I sell things (antiques other than silver - I very rarely sell silver) I have found that the better the photos and the more information you put in the description, the higher the prices you will get.

I don't see very many melt sharks around these days, now that silver has so little value as a precious metal. A typical spoon for example would barely yield more than $5 worth of metal and how many undamaged $5 sterling spoons to you see people offering for sale?

On the other hand, if you do run across one or two semi-deluded people who think they can still make a buck buying for melt value, they may actually be good for your auction in that they could add some early competition to start the bidding and stimulate a bit of interest and excitement to get the real bidders off to a start.

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salmoned

Posts: 336
Registered: Jan 2005

iconnumber posted 10-25-2005 04:21 PM     Click Here to See the Profile for salmoned     Edit/Delete Message   Reply w/Quote
Weight is a critical physical specification, at least as important as dimensions, and should be provided in grams to avoid the troy/avoirdupois misunderstanding. Would you buy a diamond without knowing it's weight? Would you but gold without knowing it's weight? Would you like to buy the Brooklyn Bridge from me? The point being, silver IS a precious metal, quite unlike ceramics, glassware or paintings.

Frankly, my interest in silver was sparked by a desire for bullion. I soon discovered buying sterling formed objects was a cheaper way to acquire the metal than by ingot - I can often buy silver spoons and forks at a fraction of their melt value (not generally true of Georgian sugar tongs, but sometimes... wink ) I also find very nice machine turned bowls from the 50's and 60's at or less than intrinsic value. The development of my interest in tongs has led away from intrinsic considerations, but I'd still chose the heavier of 2 pieces, other factors being equal. 6" tongs weighing 26 grams can be rather flimsy, 53 grams rather stout (and the difference may be difficult to identify in typical photos).

Just remember, for most older pieces weight was a major factor when initially purchased, why should that have changed? Not every collector can focus on the purely artistic aspects - else so many more nice, utilitarian pieces would be scraped, leaving a very narrow universe to our collecting [as well as leaving most of us out in the cold, pricewise].

[This message has been edited by salmoned (edited 10-25-2005).]

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Marc

Posts: 414
Registered: Jun 2002

iconnumber posted 10-25-2005 06:18 PM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Hi there again..

DALE..
It has been 20+ years since folks ran around with scales.. I should know.. I was one of them. 1979 through 1981 or so. Not cool anymore.

Silver prices by the ounce have flopped recently from around $5.00 per troy oz. to a little over $8.00 per oz. Current price is $7.66 per oz.

And as a dealer, I buy flatware (lower end patterns) from a scrap dealer, that then goes into my $10. box which I put out at shows. When the price of silver rises, as it has done recently, I can't put forks or soup spoons in the "cheap" box, because they cost me $10. or more each. On the + side, I can now scrap out the entire box and at least break even.


KIMO..
There are silver sharks around, just not to many of them. They thrive in small ponds and will generally fail at online auctions where large groups of educated buyers (and former sharks) exist. Yes, I buy like you do, from dealers and at auctions, where I can guess weights and underpay accordingly. God bless Franklin Mint!

Also, yes.. better photos and descriptions of your auction items help bring higher final bid prices. If you care.. it shows!

SALMONEED...
Good point on listing in both grams and troy oz. Some folks do not have the math skills to convert grams to oz., so it is in our best interest to help them. Thank goodness that there are a lot of sellers who list the weight as ounces "on my postal scale". It is a starting point.

We all love silver!

Marc

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Dale

Posts: 2132
Registered: Nov 2002

iconnumber posted 10-25-2005 08:06 PM     Click Here to See the Profile for Dale     Edit/Delete Message   Reply w/Quote
Actually I run into the bullion people all the time. I finally had to ask one just how much weight she wanted hanging from her ear lobes. She had objected that the earrings were light. I said of course they are, they hang from your skin. You want one pound weights?

Anyway, this is something that I perhaps have had too many rough times over. I have learned to take a hard line with the weight people at shows. My own reasoning is that there is a price below which it is not worth my while to sell things. Generally it is $10 per piece. And I won't put out things at less than that.

One thing I do find rather disconcerting is to see sellers putting up and moving silver at less than scrap over and over again. I can understand this happening once in a while. But consistently? It always makes me wonder.

The Franklin Mint makes things that are technically good, but not my taste. I again wonder why they fail to bring scrap? Is it that hard to find a scrap buyer in some places?

Thanks for the advice, I will begin putting in the grams and troy ounces.

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akgdc

Posts: 289
Registered: Sep 2001

iconnumber posted 10-25-2005 08:49 PM     Click Here to See the Profile for akgdc     Edit/Delete Message   Reply w/Quote
The weight of an object is often a pretty good indication of how well-crafted it is, especially in categories like Georgian silver. A piece by Storr or De Lamerie, et al. will usually be considerably heavier than a comparable form by an indifferent maker.

A heavier piece is less prone to dents and other damage.

Also, maybe it's just me, but a heftier piece -- this is true especially of beakers, goblets, flatware -- just feels more satisfying in the hand.

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asheland

Posts: 935
Registered: Nov 2003

iconnumber posted 10-25-2005 09:40 PM     Click Here to See the Profile for asheland     Edit/Delete Message   Reply w/Quote
I agree with that on the handmade silver, especially Georgian. I have seen similar looking Georgian tablespoons range from 45 grams to 100+ grams. It's not always easy to tell from the pictures.

I recommend the weight listed, at least on the better stuff.

asheland

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ahwt

Posts: 2334
Registered: Mar 2003

iconnumber posted 10-25-2005 11:30 PM     Click Here to See the Profile for ahwt     Edit/Delete Message   Reply w/Quote
I had no idea so many people were interested in the weight of silver items.

Swarter certainly brings up a valid point, as silver if too thin can be flimsy. He also notes that weight can be useful in determining its authenticity and other research endeavors. These remarks make a lot of sense to me. Curators and silver book authors would certainly agree with this rationale and if they do measure weight for their own research why not include it with their descriptions for the benefit of others doing research.

A second reason proposed is that silver is a commodity in the same way as gold, diamonds and other precious metals are and as a result should be treated the same. There seems to be a difference of opinion as to whether the current price of silver is high enough to spark the interest of scrap dealers, but there is no doubt that the price has certainly been sufficiently high in the past and I would never say never that it would not rise again. It obviously is important to some as a reason to buy or not to buy (particularly if this is how you make your income).

Another reason proposed it that customers expect to have this information and without it they will not buy. Perhaps the old slogan "The customer is always right" controls this situation. If I sold silver I think I would quietly fall in line and buy a scale. This perhaps is particularly true for on-line purchases where touch is not available. I do not buy on line very often and perhaps if I did I would be more interested in weight.

Kayee also brings up an interesting point that different cultures have different expectations about silver. As one with all German ancestors it took me quite a while to replace the durability, sturdiness, and permanence qualities in decorative arts with the imaginative, innovative and creative values that I feel when looking at and holding the object. The wonderful thing about collecting silver and perhaps anything is that there is no right or wrong answer. If you follow Joseph Campbell's advice to follow your bliss one can not go wrong.

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Marc

Posts: 414
Registered: Jun 2002

iconnumber posted 10-26-2005 01:44 AM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Once more into the breach dear friends.

Dale, Lots of general line dealers are in business to make money, and as such if they get an entire estate, with some silver, they are thrilled to blow it out for more than they paid, whether or not it is above or below scrap. They are ignorant of silver the way I am ignorant of fine china. When I get a set of china, all I want is it GONE,.. I don't want to maximize the profit, just make some profit.

Concerning the price of crap (scrap), I find that no one believes an auctioneer who tells their audience, "this bowl will scrap for $45.", even if it is true... It will usually go for far less. I think it is a trust issue.

Also, in the owner/operator business of dealing with the public, I find a little Zen goes a long way.

Customer:"Where do you get your merchandise?"
Dealer: "We buy it from dead people!"
------
The mass of a silver object does equal quality, up to a certain point, at which it becomes overkill.

Marc

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tmockait

Posts: 963
Registered: Jul 2004

iconnumber posted 10-26-2005 03:38 PM     Click Here to See the Profile for tmockait     Edit/Delete Message   Reply w/Quote
In my profession I work predominantly with dead people, many of whom I trust more than I do the living!

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Ulysses Dietz
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Posts: 1265
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iconnumber posted 10-28-2005 02:44 PM     Click Here to See the Profile for Ulysses Dietz     Edit/Delete Message   Reply w/Quote
Whoa Nellie. In twenty five years as a curator I have never once cared about the actual weight of an object in gold or silver. The "heft" of an object may make it appealing and suggest good craftsmanship, but I think that is largely myth as well. (I always laugh at people with electroplated stuff talking about how heavy it is.) It all depends on the technology used, not on the weight of the silver. A piece raised from a circular ingot will be heavier than something made from rolled sheet silver. This weight shift says nothing about the quality, only the cost of making. Thin silver is cheaper, and a lot of crappy thin (i.e. lightweight) silver has been produced, but heaviness is NOT a guarantee of quality. Heavier is not better, it is merely heavier. Unger Brothers silver is all very thin, and it was all stamped out like autoparts; its quality is not in weight, but in its design.

Silversmiths (and jewelry makers) aiming at a middle-class marketplace often used less silver or gold, and made objects that thus weighed less. These are not necessarily less well made than heavier objects made for richer clients. The prejudice about weight is deeply rooted in many cultures and is clearly tied to the link between precious metal and cash. But that link is very weak today, and design (aesthetics) and condition are the prime things that curators look at. Even 18k gold hollowware at auction today doesn't sell anywhere near melt value, which is a great relief to curators.

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agleopar

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iconnumber posted 10-28-2005 09:06 PM     Click Here to See the Profile for agleopar     Edit/Delete Message   Reply w/Quote
As far as I know, the last time newly made silver was sold by the oz. in first world countries was the early 70's. That was when the cost of silver and the hourly wage were close to each other. I do not think that the price of something that cost x/oz. and x times 2,3,4 or more/hour will ever be sold by the oz. again.

Another way to compare is looking at the best one could buy in the 1870's. A Gorham baby cup with engraved and chased decoration, cast handle, acid etched and gilt, approximate weight 4-5 oz., cost $6 for the silver and $6 for the fashioning and it retailed at the NYC store for $24.

The same cup today would retail for $2,000 (that is a guess and may be low) and the silver would cost $60.

The irony to me is that the 1870 cup was expensive but a1/4 of the expense was silver and I am sure Gorham was promoting that fact. If a certain contemporary store (that likes blue) had that same cup today I do not think the weight would be mentioned.

I do like to know the weight of a piece, but that is to understand the feel of it.

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salmoned

Posts: 336
Registered: Jan 2005

iconnumber posted 10-29-2005 03:14 PM     Click Here to See the Profile for salmoned     Edit/Delete Message   Reply w/Quote
Ulysses and Agleopar, I think you're straying from the main gist of this thread, that being, "Should weight be listed in online auctions?" (where a piece cannot be handled or examined first hand and where usually less than complete high-resolution photos are provided).

Certainly weight may be a marginal consideration at the upper end of aesthetics or for museum-quality pieces, but for more modest collectors of modest items, weight can be a trigger factor in the bid/no bid decision. Intrinsic (metal) value provides a bottom to the value of a piece when we can't properly judge the value (due to a wide variety of factors). As well, factual information cannot easily be disputed, unlike subjective information (how much junk is listed as 'nice', 'lovely', 'delightful', even 'excellent'?). When I received a tongs listed as 5" and it was only 4", I had a sound basis for complaint. Nobody lists an item as 'flimsy' or 'underweight', but they will list it as 'heavy' (when it's not). When weight is listed (and not only in 'ounces'), no one need guess.

Finally, if and when items sell for less than their melt value - it's usually because the weight was withheld information (or the bidders were narrow-minded aesthetes! wink ). I love to see 'great' pieces, but will likely never own one.

[This message has been edited by salmoned (edited 10-29-2005).]

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akgdc

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iconnumber posted 10-29-2005 05:19 PM     Click Here to See the Profile for akgdc     Edit/Delete Message   Reply w/Quote
I've read that in London silver auctions in the old days, pieces used to be sold by the ounce -- they would start at melt value, and bidders would raise the price from there. The weight of each piece would be listed in the catalogue. Of course, this led to confusion -- I remember a story about an American lady at her first auction who thought she had just bought a Georgian epergne for 10 pounds, when instead it was 10 pounds times 100 or so ounces. The Brits seem to specialize (or once did) in creating confusing systems like this, no doubt deliberately to make visiting Yanks look silly.

It also occurs to me, apropos of Ulysses's comments, to suggest that -- in my eyes, at least -- weight is more of an aesthetic concern with some pieces than others. Georgian and other 18th-century silver, for example, derives much of its visual and tactile appeal from its simple but substantial presence. With such pieces, a heavier weight in the hand enhances this sense of solidity and dignity. With machine-made Art Nouveau pieces like the ones Ulysses describes, whose appeal is -- conversely -- in their light, airy intricacy, weight might not play an equal aesthetic role. (Concerns about fragility would be even more pronounced, though.)

Also, pieces in a museum are rarely handled, whereas silver in private hands often is (and is even used). So weight might be less on curators' minds than collectors'. But to me, the "heft" is an essential part of the aesthetic experience of silver -- one of the things that makes owning a tankard different from looking at a picture of one in a book (or from looking at it in a museum case).

[This message has been edited by akgdc (edited 10-29-2005).]

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ahwt

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iconnumber posted 10-29-2005 10:33 PM     Click Here to See the Profile for ahwt     Edit/Delete Message   Reply w/Quote
Perhaps beauty is in the eye of the beholder.

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Marc

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iconnumber posted 10-30-2005 12:58 AM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Hi once more.

I need to elaborate on my quote "The mass of a silver object does equal quality, up to a certain point, at which it becomes overkill."

What I am trying to convey is that one bowl made by Gorham, for example, could be produced in several gauges from thin and usable through medium and heavy, and still work. The thicker the wall of the bowl, the more durable. It can also be made ridiculaslly heavy. This would be the overkill I am talking about.

Would I like my Unger Brothers match safes and fancy bowls to be of heavier gauge sterling..? You bet! Then I would not have to get a seam repaired, or a wear through point on a bowl soldered.

And yes.. Art is in the eye of the beholder.

The best as always..

Marc

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FWG

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iconnumber posted 10-30-2005 02:24 AM     Click Here to See the Profile for FWG     Edit/Delete Message   Reply w/Quote
There's another important reason for recording weights of pieces: identification. If the weight (or mass) is precisely recorded it might be possible to positively identify stolen items -- or ones misfiled/mislabeled at some point, in a large collection -- particularly if en suite with other statistics.

Personally I always try to give weights in auction listings; as others have noted, it's one more piece of data that can be given to prospective bidders to help give them confidence in the piece and its seller. I've always given troy ounces (which I convert from grams, weighed on a lab-surplus triple-beam balance), but I think from here on, in light of some of the above comments and the ubiquity of metric measurement, I'll list mass in grams as well as weight in troy ounces.

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Clive E Taylor

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iconnumber posted 10-30-2005 09:17 AM     Click Here to See the Profile for Clive E Taylor     Edit/Delete Message   Reply w/Quote
akgdc is correct in saying that silver at London auctions was bid for per oz. You were also bidding in Guineas (One pound and one shilling i.e. 1.05 UK pounds) so things got very confusing.
Even now the older school of dealers still tend to mentally value standard items at a per ounce rate first, then refine their price by maker quality and condition. Its a good starting point .

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swarter
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iconnumber posted 10-30-2005 01:41 PM     Click Here to See the Profile for swarter     Edit/Delete Message   Reply w/Quote
A good electronic digital scale is a worthwhile investment - extremely accurate and you can avoid mistakes by converting among half-a-dozen weight scales (oz t, oz av, gms, kgs, etc.) at the push of a button. You can get a reasonably priced one that will weigh up to 2600 gms, more than enough capacity for the most frequently encountered silver objects. Larger capacities get costly.

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Dale

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iconnumber posted 10-30-2005 11:10 PM     Click Here to See the Profile for Dale     Edit/Delete Message   Reply w/Quote
This is a fascinating thread. Thanks for such insightful and learned comments.

My original concern was with items of ordinary 20th century provenance. We sell endless numbers of salt shakers, butter pats, match book covers and 20th century mass produced flatware. All of which are known items with which I would think the silver buying public is familiar. Yet every now and then I receive a wave of questions asking for the weight. And there are always a few about weighted items, which can not be weighed accurately.

What puzzles me is that this comes in clumps. Weeks pass with no one asking how much the Mary Chilton seafood fork weighs, and then a whole bunch of inquiries. Which makes me wonder what is generating this flood of interest at certain times.

My own policy is that I weigh signifigant items. Older silver, pre-1880. Large pieces. Hand made items. High priced items. I do not weigh things selling for under $25. Nor do I do this with silver jewelry. I tend to feel that anyone asking the weight of a souvenir spoon is not serious: either you want the Methodist Church in Elma IA or you don't. Weight has nothing to do with it.

Our auctions always have 5 crystal clear photos of the object including the mark and one with the object next to a ruler. Even then I get question about how long the 8" fork is.

This is simply utilitarian and pretty used silver. These pieces have no investment value per se. They are meant to complement a way of entertaining, which they do wonderfully. They are very nice pieces. Why anyone should want the weight on butter pats surprises me.

So, leaving aside Georgian and museum quality silver, what is the point of asking the weight of something that will be used along with other identical items?

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Marc

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iconnumber posted 10-31-2005 09:43 AM     Click Here to See the Profile for Marc     Edit/Delete Message   Reply w/Quote
Dale,

Reassurance, or because someone mentioned silver weight on HGTV or read it in "Town & Country". Lord knows, that when Martha mentions punch ladles, or wine tasters, I sell a raft of them.

Marc


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mdhavey

Posts: 164
Registered: Dec 2003

iconnumber posted 11-01-2005 12:27 AM     Click Here to See the Profile for mdhavey     Edit/Delete Message   Reply w/Quote
Yet, with the on-line auctions, even when the weight listed, utilitarian sterling items will often sell for less than the melt (especially in the slow summer months). It's kind of like paying 75˘ for a dollar bill, yet it happens at auctions all the time. Small country auction houses never weigh their silver items, but with experience one can get a good "feel" for the weight (and marvel at how cheap you can buy good sterling). On the other hand, I hate to have to sell at these prices!

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salmoned

Posts: 336
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iconnumber posted 11-01-2005 04:59 PM     Click Here to See the Profile for salmoned     Edit/Delete Message   Reply w/Quote
That just highlights the virtue of collecting - selling (on unfavorable terms) is left to one's heirs!

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mdhavey

Posts: 164
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iconnumber posted 12-10-2005 01:24 PM     Click Here to See the Profile for mdhavey     Edit/Delete Message   Reply w/Quote
I think it is worth updating this thread with the acknowledgement that the spot price silver passed through $9 a troy ounce on Friday.

I'm not sure this is cause for celebration.

md

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2. Private Silver Salon Forums (invitational or $ donation membership) - The Private Silver Salon Forums require registration and special authorization to view, search, start a thread or to post a reply. Special authorization can be obtained in one of several ways: by Invitation; Annual $ Donation; or via Special Limited Membership. For more details click here (under development).

3. Administrative/Special Private Forums (special membership required) - These forums are reserved for special subjects or administrative discussion. These forums are not open to the public and require special authorization to view or post.


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