Silver prices don't really effect the prices much. I would say a Haynes standard model needing pads, etc. should run about $700-800. For $1,600 it should have no scratches or dings, new correct pads and corks and a flawless Haynes leather case. Also the heads on these older flutes are not up to the new ones so you may want to switch heads. Nothing wrong with the old flutes but they need to be bought right.