Someone is trying to convince me that this silver set "oda" furniture is worth anything? I know silver prices are pretty low, Do they have any collectible value?
So, the silver value when this was sold was $22.39 * 0.925 * 14.90 = $308.59 (sterling silver is 0.925 fine). And the $500 this set sold for was then $191.41 over the silver value.
Assuming the workmanship has the same value, the set would be worth $322.59 + $191.41 = $514.