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What is the value of a very old spoon marked international sterling mad by spring glory?
I could not tell you an exact value, however I can tell you International Sterling, contrary to International Silver. is sterling sliver, which is 92.5% purity. For a Spot calculation. you would need to weigh the spoon, using a scale that will weigh in grams. Upon finding out its weight in grams, you then would need to take the spot price of silver, (Per Troy Ounce), which right now the spot silver price is 32.35 and divide that by 31.4, which is the amount of grams in a troy ounce (Note the difference in a USA ounce, and a Troy oz) . This will leave you with the spot value per gram, however that is for pure silver. So you can calculate the Price per gram x weight of spoon, then multiply that by .925 for the spot value of that sterling silver you have.
Your spoon could have intrinsic value, although most places will pay about 80 to 85% of spot value, so you will loose about ten percent due to the buyers cost in melting it down, remember that your spoon is considered scrap, and that it is 92.5% so if you get 85% of spot, you are doing pretty good.
Good Luck!
What else can I help you with?
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