Hi Doug,

Thank you for contacting Mearto with your appraisal inquiry.
Because the vintage sterling silver market is so closely tied to the silver commodities market, it's a little hard to accurately gauge value without a weight (excluding knives with steel blades) but the value I've appraised this at is based on the values received by similarly sized Wallace flatware sets in the last year.
Based on the photos and information provided, and subject to examination, this is:

A vintage 48-piece Wallace Sterling Silver Flatware Set
In the Rose Point pattern, made in Wallingford, CT from 1934, retailed at Granat Bros. Jewelers, San Francisco, CA, comprising:
8 dinner knives
8 dinner/entree forks
8 salad forks
8 table spoons
8 tea spoons
8 butter spreaders
In a lined fitted box with original felt silver bags.
CONDITION: appears to be in very good condition; value expects minor use wear
PROVENANCE: inherited
$700-1,000*
*represents a fair-market value for auction purposes; retail or asking price may vary.

Please let us know if you have additional items to appraise, and thank you again for using Mearto.