Mexican sterling silver has long attracted collectors for its bold designs, rich cultural history, and, of course, its intrinsic metal content. But how much is it really worth?

Whether you inherited a Taxco cuff or found a set of Mexican silver flatware at an estate sale, this guide explains the factors that drive value and how to determine what your pieces might fetch on today’s market.

What Defines Mexican Sterling Silver?

To be labeled "sterling," a piece must contain 92.5% pure silver and 7.5% alloy metals, usually copper for strength. Mexican sterling follows the same 925 standard used worldwide.

Look for hallmarks such as “925,” “Sterling,” or the Spanish equivalent “Plata,” often paired with the town of origin (e.g., “Taxco”) or a government-assigned registration code like "T HE 25."

A Brief History of Mexican Silverwork

Silver mining began in Mexico during the 1500s, but modern artistry flourished in the 20th-century Taxco renaissance led by designer William Spratling. His workshop, and the craftsmen he trained, brought international attention to Mexican silver jewelry and hollowware.

Post-1948 export regulations required tracking codes, making later pieces easier to date and authenticate. Understanding the era of production helps narrow both age and value.

Key Factors That Influence Value

Not all Mexican sterling is created equal. Two bracelets might weigh the same, yet one can sell for triple the price based on design, maker, or rarity.

Serious collectors focus on five main criteria.

• Silver Weight & Purity – Heavier items have higher melt value, but artistry can boost price far above bullion.
• Maker & Workshop – Pieces by Spratling, Margot de Taxco, Los Castillo, or Hector Aguilar command strong premiums.
• Age & Rarity – Pre-1950 designs and limited editions fetch more than mass-produced tourist ware.
• Craftsmanship & Design – Intricate repousse, inlay, or modernist forms add collectible appeal.
• Condition – Dents, deep scratches, or poorly executed repairs can reduce value by 30% or more.

Hallmarks and Registration Codes to Know

Hallmarks are your quickest clue to authenticity. Since 1948, Mexican exporters have used a two-letter town code (usually “T” for Taxco) followed by the silversmith’s initial and a number.

Earlier marks vary: you may see "Spratling Silver," an eagle assay mark (1948-1979), or simply "Hecho en Mexico." Learning these variations helps you separate genuine sterling from plated look-alikes.

• "T S 79" – Taxco, silversmith initial S, registry 79
• Eagle 3 – Government assay for Spratling’s workshop, c. 1955
• "Mexico 925" – Later export stamp, 1980s-present

Current Market Prices

Spot silver sets a floor, if bullion is $25 per troy ounce, a 2-ounce bracelet has a melt value near $46 after refining fees. Collectible premiums, however, can push final prices much higher.

Taxco link bracelets by well-known makers often bring $150–$400. Large repoussé trays can exceed $1,000, while early Spratling masterpieces routinely sell for several thousand dollars at auction.

Authenticating Mexican Sterling Silver

Start with a visual inspection: crisp hallmarks, consistent patina, and solid construction are positive signs. A simple magnet test confirms the piece isn’t base metal; sterling is non-magnetic.

When in doubt, seek a professional appraisal or XRF (X-ray fluorescence) analysis, which verifies silver content without damaging the piece.

Buying or Selling Tips

Photograph hallmarks clearly, note weight in grams or troy ounces, and mention any designer attribution when listing your item online. Detailed listings draw serious buyers and higher bids.

For high-end or historically significant pieces, specialized auctions or reputable dealers usually outperform generic resale sites, even after commissions.

Final Thoughts

Mexican sterling silver blends precious-metal value with distinctive artistry. While melt price offers a baseline, maker marks, design quality, and historical context often determine the true market rate.

Armed with the hallmarks outlined above, and a solid grasp of current silver prices, you can confidently assess whether your Mexican sterling piece is a simple bullion play or a collectible worth holding onto.