Polillo Sterling furniture Oda Auction

Discussion in 'Chit Chat' started by RainMaker3000, Mar 5, 2022.

  1. Someone is trying to convince me that this silver set "oda" furniture is worth anything? I know silver prices are pretty low, Do they have any collectible value?


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  2. ph1l

    ph1l

    https://www.invaluable.com/auction-...iniatures-consisting-of-furni-41-c-d214820bf9
    upload_2022-3-5_22-37-5.png
    https://cointrackers.com/blog/25/sterling-silver-prices/
    So $21.65 * 14.90 = $322.59 for the value of the silver in the set.

    When this sold on December 6, 2020, the price of silver was $22.39 per ounce
    https://www.bullionvault.com/silver-price-chart.do
    upload_2022-3-5_22-44-1.png

    So, the silver value when this was sold was $22.39 * 0.925 * 14.90 = $308.59 (sterling silver is 0.925 fine). And the $500 this set sold for was then $191.41 over the silver value.

    Assuming the workmanship has the same value, the set would be worth $322.59 + $191.41 = $514.