Sunday, October 21, 2018

Silver is really unpopular

So says my anecdotal evidence.

In China, where silver sells for about four times the world price, it is no surprise that it is unpopular. I tried to give silver jewellery to a girlfriend there--she didn't want it. There was more acceptance of the charming notion of providing a silver spoon as a gift for a baby, as the Chinese do believe that silver draws the toxins out of foods.

I became interested in silver in about 1998, and originally bought it from a local coin shop. Looking for other sources, I found the local United Church held sales in the spring and fall, and jewellery was one of the main topics. Back in those days, nobody was interested in silver, and I bought a lot of old jewellery and the occasional silver spoon, and even a few candlesticks, all at good prices. Some of the jewellery I bought there were listed among my wife's favourite pieces, including an antique piece from Republican times in China, which included a secret pocket for secreting opium.

By around 2004, it began to get more difficult to buy used silver. Groups of young men began to show up at the church sales, aggressively buying up all the silver (and occasionally berating the bemused old ladies administering the sale for not lowering prices when the silver price began to fall). So by about 2006, I had stopped looking for silver at the church sale, and just bought used CDs, games for the kids, and baked goods.

I had been in China for the past few years, but was around for the church sale last week. I decided to see if anything was available in the jewellery section. And there were very few people there, mainly old women, and nobody was interested in the silver. I ended up buying something for my daughter. So this is a more anecdotal evidence of a general lack of interest in silver.

No comments:

Post a Comment