Don’t let another estate sale company sell your silver for scrap!
In February/March 2013, Mike Ratcliffe Appraisals and Estate Sales liquidated a collection of Georg Jensen on Ebay. The realized price for one unusual serving knife was $1136, which exceeds scrap by three times. This Jensen collection sold to buyers in over seven states.
We liquidate sterling through the estate sale or by Ebay by the following process.
1. Items such as serving pieces, ice tea spoons, cream soup spoons, shrimp cocktail forks, lobster picks, ice cream forks, etc. are sold separately from the place settings to broaden the market and maximize client profit.
2. The most valuable items in sterling are items of Mexican jewelry, holloware such as pitchers, coffee pots, tea pots, chocolate pots, cream & sugar, and serving bowls. Please understand that these are items that are most commonly found in silver plate.
3. Do not assume that your holloware is sterling, simply because you have sterling flatware. Federal Law requires that sterling be marked with either the number 925 or the word sterling.
4. There exists in the realm of silver, items that are neither sterling nor plate. These are marked usually with a maker’s name in a rectangle and date from the 1700s through 1860. They are coin silver: silver which is 880 parts silver and made from melted currency.
5. You will find European silver whose standard varies by country of origin, and whose composition is 800-880 parts silver.