By Ron Pringle
Beau Nash Antiques
Silver has a habit of surprising even those of us who spend our days surrounded by it, but the past year has been extraordinary. With prices soaring an astonishing 170% at the time of writing, our shop has handled more silver canteen cutlery sets in the last four months than in the previous ten years combined. Sets that once lived quietly at the back of sideboards or in attics are now appearing with remarkable regularity.
Why the sudden surge?
For many, it’s simply time to part with heirlooms they never used or particularly cherished. Others are taking advantage of the strong silver price, choosing pragmatism over sentiment. And then there’s a growing number who have rediscovered what earlier generations instinctively knew: solid‑silver cutlery is, in essence, convertible bullion. It’s functional, handsome, and reassuringly enduring — something to enjoy today and rely on tomorrow.
Unlike many collectibles that drift in and out of fashion, antique silver remains anchored to the metal market. It’s not merely decorative; it’s useful. In uncertain times, that dual identity matters. Buyers increasingly view physical silver items as both heirlooms and assets — objects with a story, but also with liquidity. The old phrase “selling the family silver” has rarely felt more literal.
Last year, I boldly suggested silver might double in value. I didn’t expect it to surpass that prediction quite so dramatically. Now, analysts are divided on what the next 12-24 months may bring. Some foresee steady, modest gains; others anticipate new highs. Industry requires more silver, governments are quietly adding to their reserves, and as countries rely less on the US dollar, more people are turning to silver as a solid, real‑world asset. If supply deficits persist and geopolitical tensions continue, the upward trend seems more than plausible.
I’m cautious about making predictions again, but if pressed, I’d say silver breaking the $100 (£75) per troy ounce barrier is entirely possible. Should that happen, a further 25–35% rise wouldn’t surprise me.
But please, don’t take my word for it. I was wrong last year… just in the right direction.
What’s clear is this: silver has reclaimed its place at the table, both literally and figuratively, and many are taking notice.
Beau Nash Antiques
Antique Shop in Bath
28 and 31 Brock St, BA1 2
beaunashbath.com; info@beaunashbath.com; www.antiquesilver.shop
07535137808 @beaunashbath
