Just to clarify where several posters have stated that silver oxide is a good conductor, That is simply not true. Silver oxide (Ag2O) is not a conductor but a p-type semiconductor with a band gap of about 1.2 eV, so conductivity is about 1/1000 that of pure silver.
However silver oxide does not readily form on the surface of silver. The typical tarnish on silver is silver sulfide (Ag2S) which is also a semiconductor with a band gap of about 0.9 to 1.1 eV. So for both the oxide and the sulfide, the conductivity is poor compared to pure silver.