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3pc Sterling Silver Tea Set (B'ham 1935)
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<p>[QUOTE="Shangas, post: 363252, member: 360"]The antiques market in Australia is a bloody rollercoaster at the best of times. And selling silver is a minefield in an earthquake. If you tried to sell silver for weight-value - God. You'd get people chasing after you with pitchforks. I know. </p><p><br /></p><p>That said - a TEAPOT in silver, a large one (like what I have, or bigger), sells for about $500-$1,000+ here, depending on age and condition. Even a tiny one is about $400.00. Telling me "Oh I wouldn't pay more than X for *whatever*" isn't really applicable. Our local market is so different, and the prices jump up and down so far it's just impossible to make any sort of comparison. </p><p><br /></p><p>Stuff that sells for next to nothing overseas, sells for thousands of dollars - literally THOUSANDS OF DOLLARS - here in Australia. </p><p><br /></p><p>I bought the tea-set for resale just because I've had a number of people ask me for silver teapots and tea-sets in the past, but around here they're VERY hard to get for reasonable prices. And I mean VERY hard (see prices mentioned up above, to see why). </p><p><br /></p><p>THAT SAID - I agree that not all silverware is sellable. I don't buy small stuff these days. </p><p><br /></p><p>Vestas, thimbles, forks, spoons, knives, jugs, milk-jugs, sugar-bowls etc etc etc etc, napkin rings, and so-on and so-forth...there's just nothing in them. </p><p><br /></p><p>Like you said - if people can't use it, people won't buy it. And a lot of that stuff just isn't applicable in modern life, so there's no market for it. It doesn't matter how gorgeous it is or how cheap you got it for, or how old it is or nothin'...people won't buy it. </p><p><br /></p><p>I mean you CAN still try and sell it, sure. But the only people who will buy it are the people who appreciate it for its rarity/age/uniqueness. Other than that - it's just gonna SIT and gather a nice layer of dust. </p><p><br /></p><p>When I got into selling antiques, I told myself that anything I buy to resell has to...</p><p><br /></p><p>1). Be cheap (or relatively cheap).</p><p>2). Be in good condition (or can be restored to good condition).</p><p>3). Be useful, or different. </p><p><br /></p><p>If the antique you're selling isn't useful, or different - people won't buy it. Bonbon-baskets, silver salt-cellars, silver tongs, silver butter-knives, silver fish-services, silver goblets...Nobody wants that stuff anymore. And if they do, they don't wanna pay lots for it. So if you burned yourself buying it...it's gonna SIT. </p><p><br /></p><p>After maybe 18-months to 2-years of settling in, I finally figured out what's a wise buy and what isn't. I consider this a decent buy just because I KNOW there are people out there who want this stuff - because they've told me point-blank that they do.[/QUOTE]</p><p><br /></p>
[QUOTE="Shangas, post: 363252, member: 360"]The antiques market in Australia is a bloody rollercoaster at the best of times. And selling silver is a minefield in an earthquake. If you tried to sell silver for weight-value - God. You'd get people chasing after you with pitchforks. I know. That said - a TEAPOT in silver, a large one (like what I have, or bigger), sells for about $500-$1,000+ here, depending on age and condition. Even a tiny one is about $400.00. Telling me "Oh I wouldn't pay more than X for *whatever*" isn't really applicable. Our local market is so different, and the prices jump up and down so far it's just impossible to make any sort of comparison. Stuff that sells for next to nothing overseas, sells for thousands of dollars - literally THOUSANDS OF DOLLARS - here in Australia. I bought the tea-set for resale just because I've had a number of people ask me for silver teapots and tea-sets in the past, but around here they're VERY hard to get for reasonable prices. And I mean VERY hard (see prices mentioned up above, to see why). THAT SAID - I agree that not all silverware is sellable. I don't buy small stuff these days. Vestas, thimbles, forks, spoons, knives, jugs, milk-jugs, sugar-bowls etc etc etc etc, napkin rings, and so-on and so-forth...there's just nothing in them. Like you said - if people can't use it, people won't buy it. And a lot of that stuff just isn't applicable in modern life, so there's no market for it. It doesn't matter how gorgeous it is or how cheap you got it for, or how old it is or nothin'...people won't buy it. I mean you CAN still try and sell it, sure. But the only people who will buy it are the people who appreciate it for its rarity/age/uniqueness. Other than that - it's just gonna SIT and gather a nice layer of dust. When I got into selling antiques, I told myself that anything I buy to resell has to... 1). Be cheap (or relatively cheap). 2). Be in good condition (or can be restored to good condition). 3). Be useful, or different. If the antique you're selling isn't useful, or different - people won't buy it. Bonbon-baskets, silver salt-cellars, silver tongs, silver butter-knives, silver fish-services, silver goblets...Nobody wants that stuff anymore. And if they do, they don't wanna pay lots for it. So if you burned yourself buying it...it's gonna SIT. After maybe 18-months to 2-years of settling in, I finally figured out what's a wise buy and what isn't. I consider this a decent buy just because I KNOW there are people out there who want this stuff - because they've told me point-blank that they do.[/QUOTE]
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