Archive for December 31st, 2012

Value, in the Eye of the Beholder

It’s kind of sad, if you stop and think about it, how much history is getting destroyed these days. I’m not talking about the fad of “upcycling”, wherein all too often perfectly serviceable antiques, or at least things that are old, get – if we’re honest – ruined and turned into… uninspired objets d’art, and then listed for sale on Etsy in the hopes that there really is a sucker born every minute. (I kid. But only slightly.)

No, what really depresses me is how much history is being destroyed, these days, because of inflated precious-metal prices. Grandma’s gold wedding ring? Melt it down! Uncle Bobby’s Air Force wings, in sterling silver? Melt ’em down! Those old salt cellars sitting in the cabinet? Melt ’em down!

Artistic value? Historical value? Sentimental value? All subservient to the intrinsic value. Nobody cares about anything except the weight, anymore. Which is a bad thing, because as precious-metal prices have increased several-fold in the last decade or so, the market value of most old jewelry, silverware, and so on has not increased accordingly, so that a really huge number of artifacts from the last two-hundred years are worth, in many instances, the same or even less to collectors than to precious-metal refiners, which is not a terribly enviable situation, if you care about history.
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Published in: Geekiness, History | on December 31st, 2012 | 1 Comment »