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Who knows how much silver people have...

It is impossible to say how much silver exists in private hands. People collected it for hundreds of years in cutlery (spoons, forks, sliverware). There used to be many things made of silver and there is more silver in homes than in reserves, could be billions of Oz. At some point it will hit the market. However, there might be buyers as well if miners won't produce more after 10 years...




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Who knows how much silver people have...

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Sep 09, 2010
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Silver spoons etc
by: Seemorerocks

I have inherited a reasonable quantity of stirling silver spoons and forks. Presumably these are worth the same by weight as coins with the same proportion of silver?

Aug 30, 2010
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and a good reason to have "real" silverware
by: Jonas Parker

Just after the Civil War (or "The War of Northern Aggression" if you prefer), viable currency was practically non-existent in the states of the former Confederacy. There are many examples of formerly wealthy families living in what might be generously described as genteel poverty by selling their family silverware, one teaspoon at a time, for groceries.

A friend of mine haunts the thrift stores in her city, picking up odd bits and pieces of sterling silver tableware for 50¢ or so, well under "melt" value...

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