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Towle sterling silver Old Lace Flatware

By rtipton, 31 May, 2014
Description

Looking for an appraisal... Found tonight in my grandparents house that was given to me along with everything in it when they passed... There are 38 pieces in this set... looks like it will serve 8 people.

Category
Other
Medium
Sterling silver
Distinguishing marks
Says sterling silver on everything... end of knife (cutting end) says stainless steel.
Condition
Good
Date Period
1939
For Sale?
No
Photos

rtipton

11 years 1 month ago

Re: Towle sterling silver Old Lace Flatware

There are 38 pieces in this set.

No votes yet
Profile picture for user Phoenixguy1954

Phoenixguy1954

11 years 1 month ago

Re: Towle sterling silver Old Lace Flatware

Towle sterling silver Old Lace Flatware

If you truly have a Towle set, we could be talking $1000.00 to $5000.00 I suggest you get a hands on person to look at them, Or maybe a lot more photos. good close ups of any marks. Good Luck.

No votes yet

rtipton

11 years 1 month ago

In reply to Re: Towle sterling silver Old Lace Flatware by Phoenixguy1954

Re: Towle sterling silver Old Lace Flatware

Should I take it to a jewler? I've never dealt / seen anything like this....

No votes yet
Profile picture for user Phoenixguy1954

Phoenixguy1954

11 years 1 month ago

Re: Towle sterling silver Old Lace Flatware

First I would take as many photos as you can and post them here.  Myself or someone can tell you what you have. without seeing the marks we would just be guessing and taking your word that the marks are there. understand? If we can see the marks and other things we can tell you more better what you have. other then that someone needs to see it and tell you. maker's mark and silver marks  pattern everything.OK. most places want to pay you Silver Scrap value not what it is trully worth.

No votes yet
Profile picture for user fishwhacker

fishwhacker

11 years 1 month ago

Re: Towle sterling silver Old Lace Flatware

I have bought and sold numerous sterling flatware sets and individual untensils as well as higher end sterling holloware. From zooming in on these photos it is readily apparant this is indeed and a Towle set in the "old lace" pattern, which was first produced in the 1930s. There is nobody out there "faking" sterling silver sets, if they are marked sterling and towle I can say with 99.999% certainly they are what they appear, and most certainly don't need a jeweler looking at them.

 

I respectfully disagree with the above poster, this set has a market value of under $1000, probably closer to $500-$700 depending on selling venue. A 72 piece set recently sold for $1020 w/ numerous serving utensils, in excellent condition, w/ no mongrams and box. Another 26 piece set sold for $477.

 

The fact of the matter is sterling silver sets are NOT a hot commodoity, there is very few people out there looking to buy them (at retail prices) and they are readily available at or below scrap silver prices in some instances. It takes a special piece to command above the inherit metal values (keep in mind most refineries pay 70-80% of "melt" tops for sterling and other places far less). This set is a run of the mill mass produced pattern and you could spend 5 years w/ a retail store listed at a price slightly above scrap silver values and they almost certainly would never sell.

They do have value but the $1000-$5000 estimate is out of line and unrealistic. NEVER go off of "replacement" value listed by some retailers, they in no way shape or form represent what you will get when going to sell your items. I actually offered a boxed mint condition slightly rare tiffany pattern set to one of these retailers with crazy markups once and they even failed to offer scrap metal values.

No votes yet
Profile picture for user Phoenixguy1954

Phoenixguy1954

11 years 1 month ago

Re: Towle sterling silver Old Lace Flatware

93S593 Piece Set  $5599.00
 

(If you truly have a Towle set, we could be talking $1000.00 to $5000.00)

(They do have value but the $1000-$5000 estimate is out of line )

(A 72 piece set recently sold for $1020 )

(There is nobody out there "faking" sterling silver sets), 

I used the words IF and Could Be,    Because nobody should take the word of the person selling or listing,  If people knew what they have %100 they would not be asking on here, or anywhere. Nowhere did I say it was FAKED. I want to see the MARKS, before I say it is Silver. I want to put a magnet to it. Acid test everything. Also keep in mind what sells in NY, might sell better or worse in the SW. ..............Everything I was telling the Listing person, is a suggestion, to help others get the worth price as close as we can get, what they sell it for is up to them..........Everything is only worth what someone is willing to pay you for it.

 If you go to EBay and go to the SOLD  For area you will see that Towle sells really well. EBay has set the world market prices, I don't like it but thats life now, everyone want to pay what EBay says. If your getting 11 bids, people want them somewhere. 

   

Time left:(Jun-01 18:19

$2,451.0011 bids) <---<< copyed this off EBay this morning.   

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