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Kiplinger
Kiplinger
Business
Maurie Backman

Should I sell my old silverware and gold jewelry now that prices are so high? Or should I hand them down?

Senior woman wearing colorful at home opening drawer with precious cutlery.

It's not unusual for family heirlooms to hold significant sentimental value. If you're lucky, they might have a lot of monetary value, too.

If you own a bunch of gold jewelry and silver flatware or other pieces that were passed down to you from older generations, you may be eager to sell them sooner rather than later, especially if you're not particularly attached to them. Despite a recent dip in gold and silver prices, both metals have seen their value increase substantially through the years.

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