Hi
I would like to know how much you think an engraving like this reduces the value of a dognose spoon?
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It is indeed EL, but what I meant was that I think that the style of the engraving does not look original. I suspect that it may havebeen made many years after the spoon itself.
What do you think?
I’d like to see all the hallmarks in macro mode. I’m not an expert in initials. 
As I said, I’m not “initials” expert, even “hallmarks”. 
There’s no simple rule. Some collectors want only non-monogrammed items. Others aren’t particularly concerned about it. I shy way from monogrammed items only when the monogram is large, intrusive, or out of character with the period of the piece.
Hi Jeff
I was thinking that this monogram might be out of character with the period of the spoon.
What is your opinion?
Unfortunately neither am I.
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It doesn’t shout “anachronism.” Sometimes I see engraving that seems Victorian to me, only to discover that it’s truly early Georgian, for example.
Most dog noses I have seen have the initials pricked or scratch engraved. Yours looks to be neither so probably later
I understand. Many thanks everyone!