FAQ

An estate appraisal is an appraisal of the value of a decedent's estate for tax or distribution purposes. An estate appraiser provides an estimate of the fair market value of the assets in the estate at the date of the decedent's death.

Sterling silver is typically marked with a 0.925 stamp, indicating its purity, while silver plated items often have no markings or may be marked with ESPNS. Sterling silver also tends to maintain greater long-term value compared to silver-plated items.

A tax appraisal is an appraisal of the value of a property for tax purposes. Tax appraisals are typically used by local governments to determine the amount of property taxes owed by the property owner.

To determine the value of your silverware, follow these essential steps:  First, identify whether it is sterling silver or silver-plated, as this impacts its value. Second, identify the pattern and the maker's mark, since these details can add collectible value. Third, weigh the silverware precisely using reliable scale. Fourth, find the current spot price of silver to get the base value. Fifth, calculate the scrap value conservatively. Finally, consider the potential value to collectors or users, not just the melt value.

An insurance appraisal is an appraisal of the value of a property or asset for insurance purposes. Insurance appraisals are used to ensure that the property or asset is adequately insured in the event of loss or damage.

It depends on factors like, age, condition, historical and cultural significance, and market trends. For instance, a tea set with unique provenance may be worth more together, while individual pieces with high demand might fetch more separately.