Silver punch or soup laddle with sterling handle and silver plate cup. Belonged to Gustave Drach , architect in Cincinnati from 1870’s until the Great Depression . He died 1940. I can read on the handle patent 1899 then Hallmark then sterling. emailing photos now
Description and history
The mark of this silver is “Pat. 1899”. This mark was mainly used by Gorham Silver during the early 20th century. This is a further Sterling mark, that confirm us that this piece is made of silver (92,5% of pure silver).
With the other silver hallmarks, we can identify the pattern and the exact year. From the style, this silver soup ladle was made circa 1900-1910.
There is a value of for these silver objects, however, they aren’t considered collectibles. The fact it belonged to Gustave Drach increases the value of the laddle. In general, knowing the history of an object always increases its value.
Appraisal Value ($)
How to sell it
As this object is made from precious metals, some precautions are needed to sell it. Safety first, if you sell it directly to an individual, make sure you meet the potential buyer at a public place, for instance, a coffee shop. If you ship the object, please, make sure to use a fully-insured shipment method and specifically declare the value of the shipment goods in the forms. The increased insurance fee is an investment and most likely, mandatory all the time. If you have any doubt about the buyer, I would recommend to inmediatly decline the sale. It is really easy to sell this item, so it isn’t worth taking excessive risks.
To sell the items, I would recommend doing so through the internet. You have plenty of options, for instance:
– Ebay, Craiglist, Etsy, Facebook ads, Amazon marktplace
I would probably go ahead and take a couple of good pictures, like described here:
Then I would use the provided description as a text to the ad, and an attractive ad title will make it.
There isn’t any special difference between selling it on Etsy, FB or Amazon. I would recommend to upload the same ad to at least two or three platforms. It will ensure a high visibility of the ad.
The asking price can be close to the value, it depends upon how fast you want to sell. In general, an agressive strategy of 20% price cut will work great, however it depends upon your specific location.
About the valuation method
To value this item I have considered the results from past auction sales. Keep in mind that the final price can be different from asking prices that you can find on the internet. You can see ads on the internet with different asking prices. However, a very high asking price doesn’t normally find cash from a buyer.
That’s why our method comprises searching and comparing similar past sale results that had a buyer. That’s why we can provide an accurate estimation of this item.