I found out that a family member is thinking of selling their sterling silverware.
To me it is SACRED, but, if they are intent on selling it, I would like to make a fair offer.
Like, whatever one of those "Hotel Buyers" pay (when a coin dealer sets up in a hotel and runs an ad in the local paper, "Cash for Gold and Silver"), +10%.
I know one guy who pays 75% of silver content for Sterling.
I'm curious what you guys would pay a family member for their Sterling.
Normally I tell family members they should be BUYING, not selling.
But, if they value the family heirloom that little, hey, I'd like to keep it in the family ... but not over-pay.
So, what do you guys think ?
Left on my own I would offer 85% of silver content.
For a scale, I like the digital scales at the post office. They measure to tenths of an ounce and are pretty accurate. Thought I would take it in there and get a weight on it.
I love old silver - especially FAMILY Silver !