Coin Silver Peter L. Krider, Philadelphia, Serving Spoon Circa 1860

Description

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We are pleased to present a coin silver serving spoon crafted by Peter L. Krider and sold by Clark & Biddle of Philadelphia.  It dates from ca. 1870 and shows age in typical minor surface scratches with very crisp detail.  It measures 8 3/4" long and weighs 50 grams. There is a monogram "Florince."  The pictures are part of the description and all items are presented as found.  Please ask questions prior to bidding.    Code #  KJK  (IR/NM)    6-20-2020
Thank you for purchasing or considering one of our coin silver offerings.  We wanted to share with you information regarding your selection.  More likely than not, your purchase predates 1870.
There is a difference between coin silver and sterling.  Coin Silver is 90% silver and sterling is .925%.  There is a difference of 2.5%.  It is the same composition as American coins made prior to 1964.  Part of the reason silver of all types tarnishes is due to the copper alloy contained in the piece. In coin silver,  there is 10% copper to give it strength.
From our colonial times until recently, silver signified affluence.  For the most part coin silver flatware demanded a degree of handcraft by a city/town silversmith.  After the 1870's and the establishment of the sterling standard silver mass manufacturing became prevalent.  Perhaps one of the leading examples would be the Gorham Silver Company which started at 1 Steeple Street in Providence, RI as a silversmith in handcrafted or lightly manufactured pieces.  After 1870 the craft of hand production was eliminated except for special orders.
The Gorham company owned its own mines and after the Civil War had mining interests in the American Southwest or wherever a profitable mine could produce adequate silver for its endeavors. The Comstock Lode of 1859 catapulted the industry into mass manufacturing and by 1870 sterling had all but replaced coin silver.  The small, local silversmiths were replaced by jewelry shops and 'fancy goods' merchants; these shops retailed sterling silver made in large, mostly Northern, factories.
Collectors today are hindered by the lack of available pre-1800 silver which is rare due to the fact there was a smaller population of affluence.  It wasn't until the industrial revolution that silver manufacturing became more affordable and was proportionate to those who were obtaining modest to great wealth.
We have heard repeatedly that coin silver is inferior to sterling. That is simply not the truth. The 10% alloy of copper makes it stronger.  It is the gauge of the metal thickness that makes coin silver apt to bend and dent more readily then sterling.  Your purchase has a real place in our country?s history.  It was a craft originally found in cities and towns.  It later became as many other items a mass-produced commodity by a group of large manufacturing companies.  We recommend Sterling Flatware Fashions as a resource to identify your treasures.
You may want to consider collecting coin silver made in your state or in and around city centers prior to 1870.  Remember this material will always retain a degree of value like gold and platinum.