If you have silver items and decide to sell, there are lots of people that will be willing to buy. But how many are willing to pay the right price? In fact, do you really know the actual value of your antique silver plated trays? It is possible that you do not know the actual prices for what you have and we will try to provide the right information as briefly as possible.
Know the Difference between By-Weight Price and Actual Price
When it comes to silver items, prices can be discussed from two perspectives and you should never let this confuse you. Some unscrupulous silver trays buyers may want to buy at the by-weight price. This represents how much the silver in your antique silver tray is worth if the tray is melted and the silver sold by weighing it in Troy ounces
While the price from the first option can actually be the true price of silver it can be much less than the true price of your antique sterling silver trays when other important factors are considered. Most silver trays that were made centuries ago have antique values based on such factors as their age, who made them, and the sort of craftsmanship showcased. If what you have is rare and has high demand, it can fetch you far more than what you will get in by-weight prices.
How Do You Determine The Actual Value?
Determining the actual prices for your silver trays will require meaningful research. Firstly, you need to establish that your tray is of sterling silver. Next, you need to find out when it was made and who made it. Afterwards, check how rare or popular the tray is and the demand for it. Use what people have paid for similar antique trays as price benchmark.
Sell To Antique Silver Dealers
Silver trays dealers are likely to pay more for your silver trays than regular individual buyers. While reaching out to dealers, consider those that are:
- And willing to pay well.
Some dealers can also help you appraise your silver trays.