Reed and Barton Francis 1 - Service for 12 (96pc), plus assorted serving pieces

Looking for an appraisal and to possibly sell this itemized set of sterling silver.  Please let me know if you need more information. 

A set of Francis I in this quantity retails for around $5,000-$6,000. Your best bet for realizing as much of this as possible is to shop around with several different auction houses, antique dealers, and matching services. Smelters, coin shops, and cash-for-gold businesses will not only destroy them, they'll offer you criminally low prices to do so.

I would strongly caution against a valuation on this set at $5000-$6000 in the current market. Silver flatware is a tough sale and generally retailers are not looking to acquire it outside of auction/wholesale value as it sits a long, long time in most cases. 

A 104 piece set sold at John Moran auctions on July 28 of this year for $1200+buyers premium vs. a presale estimate of $2000-$3000.

A 105 piece set sold at Peachtree and Bennett auction house on June 11 of this year for $2000.

I believe the "melt" value with silver at $15/oz and with sterling silver at .925 purity at around $1300-$1350, so auction values are always at or slightly above melt values. A bit more insight- when you send your items to a smelter (silver in particular, gold has less fees), you can expect 70-85% return from a fair dealer. With an auctioneer you will generally pay 15-25% in fees for an item of this value and have to wait for an appropriate auction, a process that from start to end payment can be 6 months- a year. It is a beautiful set but realistically I wouldn't get hopes up for a $4000-$5000 check anytime soon.

I agree with the idea of using scrap value as a basis and work up from there. Retail values are not a good indicator of what goes on in the secondary market.