I once purchased a English silver sovereign case for $5 at an estate sale and later sold it on e Bay for $250.
Learning to recognize these marks will help you to find treasures too, maybe even in your own home. Ever hear the word "sterling" used to describe a person? Britain's long use of the sterling standard has made the word "sterling" mean the pinnacle of quality, whether in metal or a person's character.
By law, British sterling must be 925 parts silver to 75 parts other alloy metals, or 925/1000.
Gorham is one of the oldest and best loved American manufacturers of sterling silver.
Its long history stretches all the way from it's beginnings as a small silversmith's shop in Providence, Rhode Island in the early 1800's, to the present time.