Sterling Silver Prices: Sell Now or Hold?
Did you inherit a set of sterling silver flatware from your grandmother the kind that comes wrapped in velvet, smells faintly like history, and weighs more than a newborn? If so, you might be wondering whether to cash in or hang on for a potential silver boom. You’ve got choices. You can sell it to Replacements Ltd. , list it on eBay , take it to an auction house , or tuck it away and wait to see whether silver decides to shoot for the moon. Some enthusiasts are whispering about the possibility of silver climbing toward $500 an ounce someday. Whether that’s realistic or wishful thinking depends on which experts you listen to and how patient you are. (see list of Joplin buyers of silver below) So pour yourself a cup of coffee, curl up in your comfiest chair, and let’s break down what’s actually driving these predictions. Why Sterling Silver Flatware Still Matters Sterling flatware isn’t just “old stuff in a box.” It has: Melt value (based...