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We use sterling a lot, but not every day. It has it's own problems, one being that silver is a soft metal. The fork tines can be twisted very easily, and all the pieces are subject to bending. Knife blades are stainless, unless you have a pre-WW2 set with silver blades. Post-war fish knives also often have silver blades. Silver blades have their own problems--they can't cut anything!! I suppose that's why it's okay to use silver for fish--fish pulls apart without a lot of help, so the knife only guides it to the fork.
Our main sterling pattern is Chateau Rose by Alvin--yet another mid-century pop-pattern for the masses. It has the usual frills of pieces from that period. Shockingly, we have a full dinner service for 12, a full lunch service for 12, a drawer full of serving pieces, and all sorts of extras in other patterns. That's what happens when you're the last one alive in the family.
Silver companies used to make slightly more diminutive pieces for "luncheon" use. Those pieces ought to be a cheaper option, since they use less silver; but those sets don't come up very often.
The prices of silver flatware really and truly are dependent on the going price for silver in the commodity markets. There isn't that much added value in the flatware pattern, unless it's particularly rare. The prices on eBay or anywhere else will always be driven upward by people looking to sell the pieces for their silver content only.
I don't think I've ever used a dishwasher--a shocking admission on this site, I'm sure--so all this talk of silver in the dishwasher is a bit of a surprise to me. I haven't polished our set since the '80s, which makes me a disgraceful housewife, I know. But it is always shiny because we use it just enough.
[this post was last edited: 7/7/2014-14:12]