Silverplate

Sell Silver Plated Items for Best Value in Las Vegas | Buyer

Silver-plated items are any items containing base metal with a thin layer of silver coating on top. It has the look and texture of sterling silver, making it look like the item is entirely silver. Silver-plated items are most sought after not for their silver content as there is small to none, but more significantly for their intricate and stunning designs and details. Nevertheless, you can still sell silver plated items for a price. You just need to find a good a reputable buyer of silver-plated items like Nevada Coin Mart. However, before you do this, we recommend that you learn to understand the value of your silver-plated items. 

Silver Plate VS Solid Silver

The bulk of the value of silver items is determined by their weight. Silver is a valuable metal that can be melted down and sold according to market conditions. Silver, as a result, has a long-term intrinsic value. Depending on the metal market, heavy sterling silver pieces made up of 90% silver can be worth a small fortune, But strong silver antiques are considered good investments.

On the other hand, silver-plated objects are only worth what someone is willing to pay for them. Silverplate has no melting value since each object contains only a small amount of silver. More decorative, rare, and in good condition, pieces can fetch a higher price. When selling silver plated items, the antique value is more important than the metal value in determining its price.

Value of Silver Plated Items

The following factors influence the value of silver plated items. When it comes to silver plated items, you should be aware of the precise information that your item should have to ensure that it receives the value it deserves.

Hallmarks. The manufacturer is one aspect that will influence the value of the silver plate. Check for hallmarks and lookup for antiques from that business if you want to know how much your silver plate piece is worth. If you are looking for a good offer, familiarize yourself with some of the more well-known brands and hallmarks that appear to sell for more money. Silverplate buyers pay attention to these details.

Unusual patterns. A number of factors influence the value of silver plated items. A later piece with no detailing, for example, is likely to be less attractive than one with a variety of motifs. Extensive floral reliefs or repoussé, quirky shapes in a particular style like Art Deco or Art Nouveau, and high-quality etchings are standard features of more costly antiques.

Rarity. Flatware is one of the most popular and least valuable silver plate pieces. Since every family owned a collection in the 1950s, there is undeniably an oversupply of silverware today. This item also has a relatively low demand, but you can still sell your silver plated items to the right person.

As a result, silver-plated flatware is only valuable if it is rare or ancient. Odd-sized platters and serving dishes, very early and decorative pieces, collectible souvenir spoons, pieces with gold or rose gold decoration, and silver-plated hollowware are examples of higher-value silver-plated objects. Remember that its elegance and rarity influence the worth of the silver plate. There is practically none if it is melted when it comes to the metal’s intrinsic value.

Silver Plate Buyer

Nevada Coin Mart is the best place to sell silver plated items like silver plated silverware or silver bullion. We use an x-ray spectrometer, a modern piece of gemology technology, to measure objects in a non-destructive manner. Scratch checks performed by other stores and pawnshops will permanently harm the condition and desirability of your silverplate. Being home to professional buyers of silver plated items for over 25 years, you know that your items will be treated right when you bring them in. Here, we recognize and acknowledge the true value of your silver-plated items and pay you high amounts of cash for them.

Sell Silver Plated Items

As the widest silver plate buyer in Las Vegas, we strive to keep our services available as much as possible. We are open from 9 a.m. to 6 p.m. every day of the year. Visit us at Nevada Coin Mart®, 4065 S. Jones Blvd, Las Vegas, NV 89103 to get a free quote, or call us at 702-998-4000 to talk to our expert buyers today.

Brief History

Thomas Boulsover invented the silver-plating method in 1742. He became a master of the Sheffield technique when he made a copper and silver knife. In an unexpected accident, he found that he could combine copper and silver. As a result, he and several other manufacturers could reduce the cost of manufacturing silver products.

In 1840, silversmiths and other skilled workers learned electroplating. This, of course, reduced manufacturing costs even further. When performing this technique, workers use electrical current to apply a thin layer of silver to the base metal’s surface. During the Victorian period, silver housewares were in high demand. If you want to sell your silver plated items, knowing these details are important. 

Manufacturers now use these processes of silver-plating and electroplating to make low-cost silver plate products that resembled the real thing. Since the mass production of silver items began, people who could not afford silver were finally able to acquire house items that boast the same luster and shine. Today, you can find buyers of silver plated items, but not all of them pay you equally. At Nevada Coin Mart, Neil pays you the most cash for all items in all of Las Vegas, so you can never go wrong with bringing your business to us. 

References:

https://www.thesprucecrafts.com/antique-silver-plate-price-guide-4062352

http://nacvalue.com/silver-plate-or-silverplate/

40% Silver Coin

Sell 40% Silver to the #1 Dealer in Las Vegas & Henderson NV

From 1965 to 1976, two coins in the US carried 40% silver – the Kennedy Half-Dollar and the Eisenhower Silver Dollar. Collectors and investors alike used the term “40% silver” when pertaining to these two major coins. This term also helps the market differentiate the two coins from the pre-1965 coinage – the ones that contained 90% silver, as well as other circulating coins in the US that do not carry any silver content. In most cases, 40% of silver coins are not considered for their numismatic value. Instead, they are more often traded for the silver content they carry.

Reasons to Invest in 40% Silver Coins

A lot of investors and collectors go out of their way in acquiring 40% silver coins. Understand why by reading the list below:

  • Practicality – Since it contains small amounts of silver, it is more affordable and, therefore, easier to invest in. If you are looking to start your investment portfolio, acquiring 40& silver coins is probably the easiest way to enter the business.
  • Low Premium – For some reason, 40% of silver coins hold a lower premium than that of 90% silver coins. This is more favorable if you are willing to pay only a little over the spot price of silver.
  • Great Gift – 40% silver coins are easier to let go of than any other silver item because of their silver content. But even so, any recipient will surely appreciate the gesture.

Popular Half Dollars

Half-dollar coins may be hard to find, so if you happen to have some lying around the house, feel free to bring them into our store. We buy all half-dollar coins, regardless of their condition. We look forward to buying (but not limited) the following half dollars:

  • Flowing Hair Half Dollar (1794 – 1795)
  • Draped Bust Half Dollar (1796 – 1807)
  • Capped Bust Half Dollar (1807 – 1839)
  • Liberty Seated Half Dollar (1839 – 1891)
  • Barber Half Dollar (1892 – 1915)
  • Walking Liberty Half Dollar (1916 – 1947)
  • Franklin Half Dollar (1948 – 1963)
  • Kennedy Half Dollar (1964 to Date)

History

The US Mint manufactured the Kennedy Half Dollar to meet the market’s overwhelming demand. The original plan was that the Treasury would issue around 91M half dollars for circulation in 1964, but ended up minting 141M coins instead as a result of a wide and successful advertisement of the coin’s release. During the same era, the price of silver was on the rise, so the public took the opportunity to hoard silver in any way they can, and collecting 40% silver coins was one of the easiest ways to do so, even until today. Due to the market’s enthusiasm with the coin, the Treasury requested and was granted by Congress the authority to keep minting 1964 40% silver coins until 1965. All in all, around 430M 1964 half dollar coins were produced, totaling more than all the Franklin Half Dollars in its entire run.

Reference:

https://medium.com/@metalscom/what-you-should-know-about-40-silver-coins-3749c6493020