Silver price fallout

With silver at a 10 year high, does this put pieces of sterling holloware or flatware that aren’t prime collector pieces at risk of being sent to the smelter? I mean of course it does, but what is the tipping point.? Right now silver is at a 12 year high. I recall that the big run up in 1980 hugely reduced the population of things like Morgan dollars and other US silver currency. Does holloware follow the same pattern?