Glenda,I have a 74 Piece Gorham "Lily of the Valley" sterling silver flatware set. 8 place settings + misc serving pieces. No monograms, great condition. Do you know the approximate value I can get for this complete set?
This is a really nice set!
The Gorham "Lily of the Valley" Sterling Silver Flatware 74pc, has an estimated value on the secondary retail market for an of average of $5200.00-5600.00, depending on the condition and where it is for sale at. These will typically sell higher in an Antique Shop or Private sale compared to an auction. If you are thinking of selling, I would check with your local Antique Shops in the area to see what yours or one like it would sell for or has sold for. As antiques and collectibles are subject in selling price to different areas across the country..( Larger Metropolitan Areas bring higher prices then Smaller Cities. ).
So be sure to check your local area. This will give you an idea of what it goes for in your area, then you can decide to sell locally or at one of the online markets.
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Over 30 years Exp. Antiques Appraiser, Member AOA
Thanks. The value above then is what it would retails for at an antique store? If I were to sell it to an antique store, what is the value I could expect to get?
If you sold this to an Antique Dealer they will only want to give you about 35-40% of what it is worth since they have to resell it. You can sell this yourself. You can list it for sale on Craigslist which is a free listing site, where you list in your area or a larger city near you. You can also sell this on a site called Etsy, where you sell vintage and antique items, there is Rubylane where you can sell from, Amazon and also Ebay, you can sell on Ebay as a buy it now, or auction, with auction you can do reserve. So I would see it myself not to a dealer, that would be a last resort. You can also sell locally by putting an ad in your local paper under Antiques.
Thank you, that helps. I will polish it and get it listed online right away. I'm curious how long it will take to sell an item like this locally (los angeles) and/or nationally (ebay).
It is hard to say, it depends on the market where you are, this is a really nice set. But, there is just no way to say how long it can take. If you run this on ebay though be sure to run it so it runs over a weekend, that is when people have time to browse on there. Mostly Sundays. Los Angeles should have a good market. There is also the huge outdoor antique market they hold at the Rose Bowl. I am not sure all the details on it but, I bet you can ask around some of the antique shops there and they know all about it. It is a thought for a place to sell.