Inherited items can sometimes be worth more than people expect. There are several reasons for this:

Rarity and collectability - Items that are rare, unique, or have historical significance can be valuable. People may not always be aware of the rarity or historical importance of an item they inherit.

If you have an elderly relative who is about to enter a nursing home or assisted living, chances are you are already working with a counselor who is helping you deal with their financial assets. Today’s post is not meant to serve as a substitute for the expert advice you can get from those counselors, who know the ins and outs of Medicare and other factors that can impact on financial planning for elders.

If you’ve spent any time poking around antique stores, estate sales, or online, you already know that liquor flasks are not hard to find. That must be because in years past, many “gentlemen” and “gentlewomen” carried them on their persons, along with pocket watches, pocket knives, silver toothpicks, combs and other accessories that have gone out of vogue today.

Watching Downton Abbey can alert you to all kinds of antique precious-metal items that you can find if you’re shopping online, at antique stores, at estate sales . . . just about everywhere old metal items can be found. Here’s a checklist of items that we noticed during just one episode of the show...

Experienced silver-hunters tell us that they find much more silver at home sales than they find in antique malls, where everything has been picked over by antique dealers or estate sale specialists. If you’re lucky, you may stumble onto entire boxed sets of sterling silver tableware – you might even find an heirloom set of Old English silver.

If you go shopping at antique malls or estate sales, you will discover a number of items for sale that are made of gray metal. How can you tell if they are made of silver, white gold or platinum?