Sell Silverware

Silverware includes everyday items such as cutlery, pitchers, trays, cups, teapots, candlesticks, lamps, and many other decorative pieces. While these items were more popular in the past, demand has diminished today. However, they still hold significant value due to the sharp rise in the price of silver. At ORAGOLD, we appraise and offer top prices for your silverware, always with immediate payment. Collectible vintage silverware has fetched high prices at auctions, but the demand for silver pieces in today’s market is relatively limited. Silverware is primarily priced based on its weight, which often leads to its recycling into more commercially viable items, such as silver jewellery. Silver-plated items, including Christofle pieces, are not considered silverware and therefore do not hold significant value.
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Silverware Prices

Silverware Grades

Silver grades indicate the purity of silver in a piece. The higher the grade, the greater the percentage of pure silver it contains. The calculation is straightforward and is expressed as a percentage of the item’s total weight.

A piece stamped with "1000" is made of pure silver, whereas an "800" stamp means the item contains 80% silver, with the remaining 20% made up of other metals. Silver pieces bear various stamps that indicate the purity of silver, such as 800, 825, 850, 900, 925, 950, and 1000.

These stamps correspond to the silver content percentage (80%, 82.5%, 85%, etc.). The most common stamp for silverware is "925," which signifies the piece contains 92.5% pure silver. If a piece lacks a stamp, it is likely silver-plated rather than solid silver.

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Vintage Silverware

Collectible vintage silverware pieces are renowned for their elegant design and superior craftsmanship. English silverware, in particular, is seen as a symbol of luxury and refinement. Many English pieces bear a distinctive stamp of a lion. If the lion's tail is raised, the item is solid silver; if the tail is pointing downwards, it is silver-plated.

Many vintage silver pieces are sold at auctions for high prices, reflecting their historical and aesthetic value. However, the actual demand for these items in today’s market is quite limited.

Despite their shine and elegance, buyers tend to prefer more contemporary and practical everyday items, making it harder to sell vintage silverware. At ORAGOLD, we offer complimentary valuations of your silver pieces, ensuring you receive the highest possible price based on our expertise in precious metals.

Key Factors in Valuing Silverware

Each item is assessed by ORAGOLD's experts with the utmost accuracy and professionalism. The purchase price is determined based on the following factors:
  • 1 Grades
  • 2 Condition
  • 3 Aesthetic Appeal
  • 4 Weight Value

Silverware is typically priced based on the purity of the silver and its weight. However, these are not the only factors considered during an appraisal. The condition of the item is equally important, as any damage can lead to a reduction in its value.

This is particularly true for sought-after items, such as English silverware or pieces by renowned designers like Lalaounis, prized for their history and elegance. Proper maintenance is essential to preserving their value. Many silver items, such as lamps, candlesticks, vases, and cutlery, contain non-silver materials like gypsum, iron, screws, lead, resin, or sand to provide stability.

For an accurate valuation, these materials need to be removed from the calculation, a process ORAGOLD offers at no cost. We ensure that each appraisal is transparent and precise, providing customers with a reliable solution for selling their silverware.

For any transaction, it is required to present either your ID card or passport.

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Silver Cutlery

In previous generations, it was common to own a set of silver cutlery, typically used for formal events and family gatherings. These sets included different pieces for different types of food. They were often made from 800-grade silver to prevent bending during use.

A typical silver cutlery set includes 6, 8, 10, or 12 pieces, such as forks, knives, and spoons. It is important to note that not all parts of the cutlery are entirely made of silver. For example, in knives, only the handle is made of silver, and even then, it may not be solid silver.

Handles often contain materials like soil, sand, resin, or other fillers in their core for stability. Moreover, blades were made of stainless steel and not silver. Thus, the valuation of such pieces requires calculating the pure silver content, excluding non-silver components.

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Calculating the Value of Silverware

In the past, silverware was considered a popular choice for an expensive gift. However, younger generations now prefer simpler, more modern alternatives. Additionally, silver tends to tarnish and requires regular maintenance and care.

Silver is classified as a precious metal, and its cost is considerably higher than that of stainless steel, nickel silver or bronze. This high cost makes silverware less accessible to the general public.

Calculating the value of a silver piece is quite simple. For example, if you have a silver item weighing 1 kilogram with a 925-grade purity, and the current price for 925 silver is 500 euros per kilogram, you would multiply the weight by the price per kilogram: 1 kilogram × 500 euros/kg = 500 euros.

Frequently Asked Questions

To better assist you, we have compiled a list of frequently asked questions (FAQs) below. If you don’t find the information you’re looking for or have additional questions, please don’t hesitate to contact our customer support team. We are here to help! CONTACT US

How can I assess the value of my silverware?

To assess the value of your silverware, check the silver content (grades, e.g., 925) and look for stamps that confirm purity. Next, weigh the pieces and multiply the weight by the current market value of silver.​

What are the grades, and how do they affect the value of silverware?​

The grades refer to the silver content from which an item is made. The higher the grades, the purer the silver, and the higher the value of the item. These factors influence the final determination of the price of silverware.​

How can I know if a silver piece is genuine or not?​

To determine if a silver piece is genuine, look for stamps on the item that indicate the silver purity, such as “925.” Check for engravings with the manufacturer’s name or the country of origin. You can also use a magnet, as genuine silver is not magnetic.​

What process do you follow for purchasing silverware?​

Για την αγορά ασημένιων σκευών, ακολουθούμε την εξής διαδικασία: Πρώτον, αξιολογούμε την περιεκτικότητα του σκεύους σε ασήμι (π.χ. 850) και την παρουσία σφραγίδων που επιβεβαιώνουν την καθαρότητα. Δεύτερον, ζυγίζουμε τα σκεύη για να καθορίσουμε το βάρος τους. Τρίτον, πολλαπλασιάζουμε το βάρος με την τρέχουσα χρηματιστηριακή αξία του ασημιού. Τέλος, αν σας ενδιαφέρει η προσφορά μας, σας πληρώνουμε επι τόπου την αξία τους.

Πώς καθορίζετε την τιμή για τα ασημένια σκεύη;

To determine the price for silverware, we first check the silver content and the presence of stamps that confirm purity. Next, we weigh the items to calculate their weight. We multiply the weight by the current market value of silver. Finally, we assess the condition and overall quality of the items.​

What is the difference between silver and silver-plated items?​

The difference between silver and silver-plated items lies in their material composition. Silver items are made of solid silver, while silver-plated items have a thin layer of silver over another metal, such as copper or brass. Silver items have higher value and durability, whereas silver-plated items are more economical and less durable.​

Can I sell my silver jewellery to Ora Gold?​

You can make an appointment at our stores, and we will appraise your silver jewelry for free. If they have a modern design, our offer will be at jewelry prices. Otherwise, you will receive an excellent offer for the silver content in the jewelry.​

What is the process for selling silver cutlery and silver trays?​

Η διαδικασία είναι απλή: Με την επίσκεψη σας σε ένα από τα κατάστημα μας, τα ασημένια σκεύη που θέλετε να εκτιμίσουμε δεν είναι απαραίτητο να τα καθαρίσετε ή να τα γυαλίσετε, θα σας τα εκτιμήσουμε δωρεάν και σε περίπτωση που σας ενδιαφέρει η προσφορά μας η πληρωμή μπορεί να πραγματοποιηθεί και σε μετρητά.

Do you buy silverware at the silver price or the ware price?

The truth is that silverware is an outdated trend, and their demand is constantly declining. If the silverware is English vintage, then it may have a value as a piece, otherwise, the value is calculated based on the metal content.​

Do you buy Christofle?​

Christofle items are not made of silver, and unfortunately, as used items, they do not have value.​

How will I receive my payment, and what documents do I need to bring with me?

The payment can be made in cash or via bank transfer. You will need to bring your ID card or passport.
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