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Silver: over the past couple of years the market for traditional areas, such as English Georgian silver, has been quiet, but high prices are being paid Over the past few years the antique silver market seems to have polarised into two extremes. Pieces that are of real artistic or historic significance, or which are unusual in some particular aspect, have attracted a great deal of interest and have fetched strong prices at auction. At the other end of the scale what could be described as commercial pieces are suffering from a marked lack of interest in the sale rooms and are tending to stick on dealers' shelves. In many respects, although this may not be comfortable for some dealers, there is little harm in this situation. It is comforting to know that when an object has real merit there are a number of potential purchasers who truly appreciate it and are keen to acquire it; conversely the market from time to time needs periods of readjustment when pieces that are of lesser significance, and have perhaps been over-valued in the past, readjust to a more realistic level. Having said this, Christie's recent sale in New York would seem to indicate that the market in general is now strengthening and beginning to move upwards again.(Continue Reading)
Related Articles GFMS' Klapwijk sees '02 silver prices up 5% - Nonferrous - Gold Fields Mineral Services, managing director Philip Klapwijk - Brief Article Gold - AMM Weekly Price Focus - Gold and silver prices - Brief Article - Statistical Data Included Strong gold, weaker dollar propel silver past $8 mark Gold spurned as silver leaps past $7/ounce Silver: over the past couple of years the market for traditional areas, such as English Georgian silver, has been quiet, but high prices are being paid
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