88 Troy Oz+ Conquistador Sterling Silver Set from Mexico 
- Sold Winning Bid: $2,700.98
- 65 Bid(s) View Bid History
- High Bidder: JRT
88 Troy Oz+ Conquistador Sterling Silver Set from Mexico
This exquisite set of Conquistador Sterling Silver, handcrafted in Mexico around 1925, epitomizes the artistry of Mexican silversmiths of the period. The set includes twelve footed repoussé cups designed with matching plates, all showcasing the signature floral and scrollwork pattern associated with Conquistador Silver. Each piece is meticulously crafted from sterling silver, offering a blend of elegance and functionality.
Features:
- Material: Solid Sterling Silver
- Origin: Mexico
- Design: Detailed floral and scrollwork patterns, hand repoussé
- Components:
- Six cups
Total weight for cups: 54.881 troy oz - Six plates
Total weight for plates: 33.813 troy oz
- Six cups
- Total Silver Weight for the Set: 88.694 troy oz
Valuation: The value of sterling silver can be calculated based on the current market price for silver, which fluctuates regularly. As of today, the market price for silver is approximately $24.75 per troy ounce.
Total Value of Silver Content: 88.694 troy oz×24.75 USD/troy oz=2,195.17 USD88.694 \text{ troy oz} \times 24.75 \text{ USD/troy oz} = 2,195.17 \text{ USD}88.694 troy oz×24.75 USD/troy oz=2,195.17 USD
This valuation considers only the silver content and does not include the added value due to craftsmanship, historical significance, and maker reputation, which can significantly increase the item's value.
Markings: Each piece is marked with "Sterling Mexico" and the Conquistador hallmark, ensuring authenticity and quality.
Condition: The set is in good condition with age appropriate tarnishing and light wear. The silver retains its luster, and we’ll leave the polishing to you! There are no major dents or damages, making this set not only a beautiful display item but also fully functional for use.
Dimensions:
- Cups: 4.35" H x 5" W x 3.75" D
- Plates: 0.25" H x 7.5" Diameter
About the Maker: Conquistador S.A. was founded by Horacio de la Parra, with its headquarters in Mexico City. Established around 1925, Conquistador S.A. is renowned for its finely crafted silver pieces. Each piece in this set is marked with "Conquistador," the conquistador shield, and "Sterling Mexico," reflecting the maker’s high standards and attention to detail. Conquistador silver is noted for its investment quality and the exceptional craftsmanship of its hand repoussé details, showcasing the rich tradition of Mexican silversmithing. This set not only represents an excellent investment but also a piece of Mexican cultural heritage.
Historical Context: Mexican silver has been highly prized since the time of the Spanish conquest, and silver mining has been a cornerstone of the Mexican economy for centuries. The craftsmanship of Mexican silversmiths, particularly during the early 20th century, reflects a blend of indigenous and Spanish influences, creating pieces that are both artistically and historically significant. Mexico remains a leading producer of silver, and its silverwork, especially from renowned makers like Conquistador S.A., is celebrated worldwide for its quality and beauty.
Reference: Hougart, Bille. The Little Book of Mexican Silver Trade and Hallmarks, pgs. 49-51.
Historical Value of Sterling Silver
Sterling silver, an alloy containing 92.5% silver, has long been a standard for quality and value in silver items. Its value has varied significantly over the years due to fluctuations in the precious metals market, influenced by factors such as economic conditions, demand, and geopolitical events.
Historical Trends:
- Pre-20th Century: Silver prices were relatively stable, reflecting steady demand for silver coinage and jewelry.
- 20th Century: The value of silver saw significant spikes, particularly during periods of economic instability. For example, the Hunt Brothers' attempt to corner the silver market in the late 1970s led to a dramatic increase in prices.
- 21st Century: The value of silver has been more volatile, influenced by industrial demand, investment trends, and economic conditions. The global financial crisis of 2008 saw a surge in silver prices as investors sought safe-haven assets.
Investment Quality
Sterling silver items, especially those from reputable makers like Conquistador S.A., are considered excellent investments due to their intrinsic metal value and collectible appeal. The craftsmanship and historical significance of these pieces add a premium over the melt value of the silver.