This is the best online guide to buying and collecting sterling silver. We will be updating the website on a regular basis.
Sterling silver is valuable not only for its metal content but also for its artistic potential. Silver is one of the most lustrous metals in existence, making it popular for jewelry. Buying sterling silver can thus be both a way to store wealth as well as a way to display its beauty. Sterling silver is composed of 92.5 percent silver and 7.5 percent of another metal, usually copper. Copper is often added to enhance the hardness and durability of the silver, since silver is a relatively soft metal in pure form.
Silver is valuable because it is rare, malleable, divisible, and durable. Silver thus shares properties with gold, though it has some advantages. Since silver is more abundant than gold on the earth’s crust, it is more affordable than gold for the masses. Because of silver’s cheaper price, it has been more widely used than gold by the common man historically. During precious metals bull markets, the masses tend to flock to silver due to its affordability.
Because of market spikes in the price of silver, especially in 1980 and 2011, much of the sterling silver produced has been melted at refineries to satisfy demand for silver bullion, creating a scarcity in certain types of sterling silver that were once abundant. This scarcity has added to the allure of sterling silver for many collectors, since these pieces are now potentially much more valuable.
Because silver is a relatively soft metal that easily tarnishes, proper care must be taken to preserve the beauty of the precious metal. This site also provides guidance for collectors to maintain the beauty of their sterling silver collections. By taking proper care of sterling silver, collectors can thus play a role in preserving valuable artifacts of history.