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How to Sell Fine Silver

Fine silver is a minimum of 925 parts per thousand quality and can range from flatware to antique baby rattles. If you want to tap into the worldwide market for fine silver, you have two options. You can sell through an auction house or use an online auction site. The first option is probably best for novices, while the second is only possible if the vendor is willing to do some leg work. However, with a little research and an eye for detail you should be able to turn your old silver into cash.

Instructions

- 1
  Examine your item, paying particular attention to the silver mark, the maker, its weight and its condition. Online auctions can command excellent prices, but only if you provide all of the relevant details.
- 2
  
  A goblet with a pleasing design of embossed shields.
  
  Research the silver marks or hallmarks, either in books such as "Jackson's Hallmarks" or online on sites such as The Online Encyclopedia of American Silver Marks. Almost all silver has some kind of mark. The vendor will want as much information about it as possible. Draw attention to any manufacturer's or retailer's marks -- the right mark can add considerable prestige.
- 3
  Weigh your item on a pair of scales. As of October 2010, silver had a scrap value of over $20 an ounce, Assess your piece carefully for any dents or cracks, and check that the silver marks are crisp. Illegible silver marks can decimate a piece's value.
- 4
  
  Small, decorative items are sought by collectors.
  
  Photograph your item and then take close-up photographs of the silver marks and any decorative features. You are responsible for describing all aspects of the piece accurately. Say what the item is, what silver marks it has and what they mean. Draw attention to any attractive features and be honest about any defects. If you are still uncertain about some of these factors, be honest about that too and be as descriptive as possible so that the collector can make up his own mind.

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