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Bryan H. Roberts Appraisal Services Blog

Don't overlook coin silver

12/6/2020

2 Comments

 
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With precious metals prices at strong levels, it is more important than ever to make sure you don't miss gold or silver when bringing estate items to market. Most everyone knows to look for the all-important "sterling" mark on a piece of flatware or hollowware but coin silver an easily get overlooked.

What is coin silver? It is the grade of silver used by American silversmiths prior to the establishment of the assay system in the late 19th century. The term is derived from the fact that the silver content was the same as that used for coins of the day. Typically, coin silver is almost identical to sterling silver in purity and sometimes exceeds it. Marking was sporadic... typically, the maker's name would be stamped and occasionally the phrase,"pure coin". In many cases, there is only a single symbol which makes identification of the maker challenging. Still other pieces bear "pseudo hallmarks", which were meaningless symbols made to imitate the marks of British silver, which was considered superior at the time. 

​One tipoff that an item might be coin silver will be the form. On flatware, especially spoons and ladles, the handles typically are simple affairs in a fiddle shape. On especially early pieces, you might also see that the bowl and handle were two separate pieces that were joined together. Yet another tipoff is the absence of any mark such as EPNS denoting silver plate. Lastly, coin items when polished will look like sterling plus will often be fairly light since there is no base metal, as in plated items. 

Like most sterling pieces, coin silver items are typically going to be worth their melt value more than anything else. The exception will be when the piece is by a prominent silversmith or is a fine example of silversmithing, such as an ornate teapot or ladle. There are several reference books available to identify early American silversmiths as well as one or two free online databases. These are always worth checking since some makers can bring considerable sums. Paul Revere, of course, is perhaps the most famous but certain southern makers, especially from Charleston and New Orleans, can bring handsome sums as well. 

2 Comments
heidi schlossberg
12/18/2021 11:22:52 am

Dear Mr Roberts,

I read your article with great interest and was hoping to get some help from you. I am looking to invest in silver due to inflation. It seems flatware has more silver than silver minted coins? If so, Might it be worth it to purchase sterling or "coin" flatware even if the set is missing a fork or spoon etc? If so, where would I purchase flatware sets for a decent price and save money on the purchase? Can you advise me of the pros and cons and also which online merchants I might go to ( Ebay,brick and mortar store owners, online auction houses that you are familiar with) to purchase these sets and also what type of sets Im looking for. Thankyou so much for your interesting article and the forthcoming advice. I do have antiques in my home and would probably use one of the sets for regular use as I love silver products. Heidi. PS: I am in the USA, Colorado.

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Bryan H. Roberts link
12/21/2021 10:57:27 am

Thank you Heidi for your nice comments on the blog post. I'll send you an email with my thoughts. Bryan

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    Bryan H. Roberts is a professional appraiser in Sarasota, FL. He is a member of the Florida State Guardianship Association, the Sarasota County Aging Network (president), and is certified in the latest Uniform Standards of Appraisal Practice (USPAP) Equivalent

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