Navigating the Sale of Old Coins and Sterling Silverware: Insights from My Experience

Navigating the Sale of Old Coins and Sterling Silverware: Insights from My Experience


Hello, I’m Ken Bowers from Quarter Smith Jewelry in New Orleans. Today, I want to share my insights on a topic that often brings many to our doorstep – selling old coins and sterling silverware. Over the years, we have encountered numerous individuals looking to sell these valuable items, and I’ve gathered substantial knowledge on how to navigate this process effectively.

Understanding the Value of Your Items

The first step in selling old coins and sterling silverware is to understand their value. It’s important to realize that the worth of these items isn’t solely based on their material composition. Factors like historical significance, rarity, condition, and market demand play crucial roles. For example, a coin from a limited minting run or a piece of silverware from a renowned craftsman could fetch a higher price.

The Importance of Professional Appraisal

A professional appraisal is key in determining the value of your items. Experienced appraisers can assess not just the material value but also the historical and collectible value, which might not be apparent to the untrained eye. They can also provide documentation of your items’ worth, which is essential for a transparent and fair selling process.

Preparing for Sale

Preparation is crucial when you’re ready to sell. Gather any documentation you have – certificates of authenticity, historical records, or even old receipts. These can provide valuable information about your items and may increase their value. Also, presenting your items in the best possible condition can make a significant difference. For coins, this means keeping them in a protective case to prevent damage. For silverware, ensure it is clean and well-maintained.

Navigating the Selling Process

Selling old coins and sterling silverware can be a straightforward process with the right approach. Transparency and fairness are important, both for the seller and the buyer. As a seller, you should feel comfortable and confident throughout the transaction, and as buyers, we strive to provide that environment.

Understanding Market Trends

The market for old coins and sterling silverware can fluctuate. Staying informed about current trends in precious metals and collectibles can help you choose an optimal time to sell. Prices can vary based on economic factors, collector demand, and even historical events.

Security and Trust

Security is paramount in these transactions. When you’re dealing with valuable items, it’s important to work with a trusted and secure entity. Ensure that the buyer is bonded and insured, which provides safety for both parties involved in the transaction.

Customized Service

Each seller has unique needs and considerations. A one-size-fits-all approach doesn’t work in the world of old coins and sterling silverware. Whether you’re selling a single item or an entire collection, personalized service is crucial for a satisfactory selling experience.

The Ethical and Environmental Aspect

Selling old coins and sterling silverware can be a sustainable choice. By recycling these items, we reduce the demand for new mining and production of precious metals. It’s an ethical and environmentally friendly way to deal with items that might otherwise sit unused.


Selling old coins and sterling silverware can be a rewarding experience, both financially and personally. As you navigate this process, remember the importance of understanding your items’ value, preparing for sale, and working with a trusted professional. At Quarter Smith Jewelry, we are committed to providing a fair, secure, and pleasant experience for all our clients.

Whether you’re a seasoned collector or someone who’s inherited a set of silverware, remember that these items are more than just commodities – they are pieces of history. Treating them with respect and care throughout the selling process is important.

For anyone considering selling their old coins and sterling silverware, feel free to reach out to us at Quarter Smith Jewelry. We’re here to guide you through each step, ensuring a smooth and rewarding process.

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