Your Silver Collection
Many times, our collections, especially those that have a strong hold on our passions, leaves us overwhelmed and unprepared for a financial loss.
If you're new to collecting silver, or if you're a long-time collector, take some time to document your collection.
Here's some tips to get your started from Abe Silverman's Antique Silver Shop:
- Take a bright, crisp and clear photo of each silver item and attach this photo to an individual sheet - notebook paper is fine.
- Record on the sheet of paper what type the silver item is.
- Record any marks as to maker, pattern number, monograms, etc.
- Record the measurements.
- Record a provenance - the ownership history, if known.
- Record the date of purchase and price paid - if you have the original receipt, attach this receipt to the sheet.
- File these papers in a loose-leaf binder and keep in a safe place.
For extra security, you can scan or copy each sheet into your computer and onto a floppy disk or CD. Store this 'extra' copy in a safe deposit box, or for safekeeping elsewhere - like a family member's home or your locked office desk.
If anything every untowards happens to your silver collection (natural disaster, theft, etc.) you'll have a record of your collection for insurance purposes.
Abe
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