Doing a sterling job

The contents of your silver drawer deserve closer inspection, believes Christopher Wilson, as he explores the precious metal's desirability through the ages

- Christopher Wilson

SILVERWARE—most take it for granted, some collect it and still others pack it away in cupboards and drawers, if only to minimise the cleaning. Since that ruckus with Charles I about exactly how divine he was, we Britons haven’t needed to melt down domestic silver to pay soldiers and are, therefore, blessed with an abundance. It would have been much more if our forebears hadn’t treated family silver as an inflation fighter—when prices got too high, they melted it down and, when prices were low and silver abundant, they stocked up on newly minted and fashioned pieces.

A quick rummage through that drawer may produce some surprises. If you don’t have such a drawer, a visit to an auction house is the answer—local, rather than online, as, despite the high-resolution images and in-depth descriptions, it’s really instructive to handle silverware before you buy.

What you are most likely to find is silver produced in the past 300 years. Any earlier and you have a treasure—possibly, if of high enough quality, even a national treasure.

How valuable the contents of your drawer are in trade terms depends on what it is, when it was made, who made it and its weight. It also depends on how well it was made and its rarity. How valuable it is to you depends on something a little less complex: do you enjoy it and can you either use or collect it?