What's Left

What's Left

Silver Is Near $60 an Ounce. Here’s How to Spot the Real Thing at the Thrift Store

Where to get grandma's flatware appraised before you let it go for scrap

Virginia Chamlee's avatar
Virginia Chamlee
Jul 26, 2026
∙ Paid

Bear with me, because we’re gonna put our investment hats on today, but I promise there’s a payoff and it ends with you at the thrift store.

Silver is running hot right now. It’s trading around $59/oz as of July 2026, and while it’s dipped about 3.5% over the past month, it’s still up over 50% compared to a year ago. That’s a big deal, and it means that what you thought was a piece of costume jewelry might be worth meaningfully more in scrap value alone than it was even six months ago.

Important to note that the price of silver doesn’t only matter to people buying silver coins or bars. It changes the underlying value of the silver that might already be sitting in your jewelry boxes or China cabinet at home.

A silver dealer at an antique show in Atlanta, selling pieces by weight

The jewelry table at an estate sale or the glass case at the thrift store is often so overwhelming that most of us walk right past it. It is generally a jumbled mess of tangled chains and earrings missing their mates. Most of it is worth very little.

But those tables and cases can also be the place where a lot of genuine gold and silver ends up.


What's below the fold:

  • The hallmarks and maker's marks that separate real sterling from silver plate

  • The specific makers worth grabbing even in plated pieces

  • Where to get a piece appraised — and which appraisers will lowball you

User's avatar

Continue reading this post for free, courtesy of Virginia Chamlee.

Or purchase a paid subscription.
© 2026 Virginia Chamlee · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture