Silver is The Achilles' Heel to the Entire Economic System
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Generally speaking, tea/coffee sets are made of sterling and sometimes coin silver-i.e. .800-.950 silver content, bullion rounds/bars are made of .999/.9999 pure silver. Thus the flatware WILL have value related to actual silver content-but to exchange that value for fiat $$ in this the final acts of the fiat play would not be good. There is a possibility that once the gold standard is established, the superior examples of tea sets would be in the priceless category.. This comes from 20 years of buying and selling silver in many forms.
Thank you for sharing your knowledge with me! I have no idea what the set I have is made from. I inherited them when my mom passed away, and I have no idea where she got them or how old they are. I'm wondering if they were possibly my grandmother or great grandmothers, but I'm not sure.
I would never sell them because I find them beautiful and they have sentimental value, but it would be nice to know if they had any "real" value.