I feel like that used to be pretty standard for my parents’ generation and older: you’d have one set of dishes and cutlery (dented, mismatched, …) for normal use, and you’d get the “good” ware (silverware and fine porcelain) for hosting, with uniform everything for everyone, small cups for tea / coffee instead of the usual mug, …

Obviously that requires a house as you pretty much need a cabinet at least partially dedicated to storing this day-to-day.