RUSSIAN IMPERIAL SILVER PURSE, CASE, BOX
This is an antique Russian purse with a beautiful hand-engraved inscription that reads 'RIPA NAUDIN RIPO' in a floral design.
HALLMARKS: mark for silver content.
CONDITION: Very good condition for its age. The item is described to the best of our knowledge. For further information, please refer to the pictures and feel free to contact us via email with any questions.
PROVENANCE: 1. From a New York City Collector; 2. Imperial Auction, CAPE CORAL, FL, United States, November 10, 2019 (the winner will receive this information - history of sale is very IMPORTANT for serious collection).
DIMENSIONS: 95 x 65 mm. Weight: 110 grams.
ESTIMATED PRICE: $500 - $1,500 (significantly lower than today's market price).
HISTORY of SALES: A few years ago, the same items were sold on Live Auctioneers for $1,100 (11 years ago) and for $1,200 (7 years ago) - please refer to the screenshots for details.
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WIKIPEDIA: A silversmith is a metalworker who crafts objects from silver. The terms silversmith and goldsmith are not exactly synonyms as the techniques, training, history, and guilds are or were largely the same but the end product may vary greatly as may the scale of objects created. In the ancient Near East the value of silver to gold being less, allowed a silversmith to produce objects and store these as stock. Ogden states that according to an edict written by Diocletian in 301 A.D., a silversmith was able to charge 75, 100, 150, 200, 250, or 300 denarii for material produce (per Roman pound). At that time, guilds of silversmiths formed to arbitrate disputes, protect its members' welfare and educate the public of the trade. Silversmiths in medieval Europe and England formed guilds and transmitted their tools and techniques to new generations via the apprentice tradition. Silver working guilds often maintained consistency and upheld standards at the expense of innovation. Beginning in the 17th century, artisans emigrated to America and experienced fewer restrictions. As a result, silver working was one of the trades that helped to inaugurate the Technological and industrial history of the United States Silver-working shift to industrialization in America.

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