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14A- RED ROCK NEWS, Sedona, Arizona Friday, September 17, 2010
Paid Advertisement
Anticipation High as Ohio Valley Gold and Silver Refinery
Opens for Business Next Week in Camp Verde!
By CHRISTINA BUTLER
STAFF WRITER
I
Been following the gold and
silver market lately? Well if you have a "
jewelry box or lock box full of gold or a
coffee can full of old coins you should
be according to Ohio Valley Refinery
spokesperson John Miller. ,The gold
and silver markets have not been this
strong for over 30 years" said Miller.
Typically when the U.S. dollar is weak
and the economy is flat gold and silver
markets soar. "That's good news if you
are setting on a few gold necklaces or
an old class ring" says Miller.
Next week, starting Tuesday
at 9am and every day next week
through Saturday, the Ohio Valley
Refinery will be setting up a satellite
refinery right here in Camp Verde at
the Comfort Inn. During their 5 day
stay, anyone can bring gold, silver or
platinum items and turn them in for
immediate payment, explains John
Miller. "Just about everybody has
some amount of gold or silver just
lying around collecting dust and next
week anybody can sell theirs direct to
our refinery. Typically, selling direct
to a refinery is reserved for larger
wholesale customers like jewelry
stores, pawn shops, and laboratories,"
says Miller. "We are changing how
business is done," he explains. "We
want to do business with everybody
so we took our business to the streets.
Our teams visits various cities around
the country hosting 5 day events
• allowing the general public to take
advantage of our services. The turnout
has been overwhelming," says Miller.
"Usually each day is busier than the
previous day. It seems once people
come to us and sell something, they
are so amazed by what an old ring or
gold coin is worth that they go home
and start digging around for more and
telling relatives, friends and neighbors.
It's like a feeding frenzy by the third
day. People line up with everything
Above • Refinery representatives will be on hand next week, starting Tuesday and continuing throug h
Saturday, to purchase all gold, silver and platinum items, as well as coins. Public welcome!
from gold jewelry to sterling silver
flatware sets to old coins. I think
during this bad economy everybody
can use extra money but most people
say they are taking advantage of
selling direct to our refinery because
of the higher prices we pay."
During this special event anyone
is welcome to bring all types of gold,
silver and platinum to the refinery and
turn it in for instant payment. The types
of items they will accept include all
gold jewelry; gold coins; gold ounces;
dental gold; old coins dated 1964
and before including: Silver Dollars,
halves, quarters and dimes; anything
marked "sterling" including: flat ware
sets, tea pots, silver bars, silver ounces
and all industrial precious metals.
What should you expect if you
go to the event to sell your gold and/
or silver? Just gather up all gold silver
and platinum in any form. If you are
not sure if its gold or Silver bring it in
and they will test it for free. When you
arrive at the event you will be asked to
fill out a simple registration card and
will be issued a number. Seating will
be available. When your number is
called you will be escorted to a table
where your items will be examined,
tested and sorted." This only takes a
few minutes using their expertise and
specialized equipment. Items will be
counted and/or weighed. The value of
the items will be determined based on
up to the minute market prices. Live
feeds will be available at the event
displaying current market prices of
all precious metals. If you choose to
sell your items, they will be bagged
and tagged and you will be escorted
to the cashier to collect your payment.
Waiting time to sell your items may
range from just a few minutes to 1
hour so bring something to read.
if you are the owner of a jewelry
store, pawn shop; dentist office or
a dealer you are encouraged to call
ahead to make an appointment with
the smelt master to discuss their
special dealer programs. They can
be reached during refinery hours at
(928) 567-9000.
Ohio Valley Refinery will open for
business Tuesday from 9am-6pm. The
event continues every day through next
Saturday. No appointment is needed.
If you
WHO: Ohic
WHAT: Open to public to sell
gold and silver.
WHERE: Comfort Inn
340 North GoswickWay
CampVerde, AZ 86322
TIMES: TU ESDAY-FRIDAY
9:00am - 6:00pro
SATURDAY
9:00am - 4:00pro
SHOW INFO: (217) 523-4225 --
Silver and Gold Coin Prices
Up During Poor Economy.
Collectors and
Enthusiasts in
Camp Verde
with $200,000 to
Purchase Yours/
By CHRISTINA BUTLER
STAFF WRITER
Got Coin? It might be just the
time to cash in. Next week, starting
Tuesday and continuing through
Saturday, the International Collectors
Association in conjunction with the
Ohio Valley Gold & Silver Refinery
will be purchasing all types of silver
and gold coins direct from the public.
All types are welcome and the event
is free.'
Collectors will be on hand to
identify and sort your coins. Then the
quality or grade will be determined.
According to collectors I talked with,
the better the grade the more they are
worth. With the current silver and
gold markets, high prices are being
paid for older coins too. Any coins
minted in 1964 and before in the U.S.
are 90% silver except nickels and
pennies.
The coins worth is determined
by the rarity and the grade. Old silver
dollars are worth a great premium
right now. Even well worn and heavy
circulated ones are bringing good
premiums. Franklin and Kennedy
halves, Washington quarters and
Mercury and Roosevelt dimes are all
worth many times their face value.
While older types like Seated Liberty,
Standing Liberties, and Barber coins
are worth even more.
Gold coins are really worth a
lot right now according to Brian
Eades of the Intemational Collectors
Association. This country didn't start
minting coins until 1792 says Eades.
Before that people would trade
goods using gold dust and nuggets.
Some shop keepers would take more
gold than needed to pay for items
purchased. There was no uniform
system of making change.
The government opened the first
mints and began distributing the
coins in 1792. By the beginning of
the 19th century, coins and paper
currency were wide spread and our
monetary system was here to stay. In
1933 Roosevelt required all banking
institutions to turn in all gold coins.
Once all banks turned in this
gold, the president raised the gold
standard from $20.00 per ounce to
$33.00 per ounce. This was his way
of stimulating the economy during
the great depression. However, gold
coins were never redistributed after
the recall. Not all gold coins were
turned in. Many folks during, that
time didn't completely trust the
government and chose to keep their
gold.
These gold coins are sought after
by collectors today and bring many
times the face value. Any gold coins
with the mint marks of CC, D or O
will bring nice premiums. Collectors
at the event will be glad to show you
where to look. Other types of coins
will also be purchase including:
foreign coins, Indian head cents, two
cent pieces, half dimes, three cent
pieces and buffalo nickels to name a
few.
Collectors warn people against
trying to clean their coins as
significant damage can be done and
the coins value lessened.
Items we will
accept include:
Scrap Jewelry
Dental Gold
Sterling Silverware
Sterling Silver Tea Sets
Silver Dollars
All Coins Dated 1964 & Earlier
Industrial Scrap
All forms of Platinum
items of Interest:
Vintage Guitars:
Martin, Gibson, Fender,
National, Rickenbacker,
Gretsch, Mandolins, Banjos
and others
Pocket Watches:
Hamilton, Illinois, Waltham,
Patek Phillipe, Ball, Howard,
South Bend, Elgin and others
Wrist watches: Omega,
Accutron, Longines,
Hamilton, Breitling and many
more
Old paper money: United
States, Confederate States,
Blanket Bills, $1000.00 bills
and more
Antique Toys: Trains, Tin
wind-ups, Mechanical Banks,
Robots, Pressed Steel trucks,
and many more
War Memorabilia: Swords,
Bayonets, Helmets, German,
Confederate, Union, US.A, and
others
Local records reveal to
our research departmept that
recent vintage guitar sold
for $2400.00 and another for
$12,000.00 to a collector that
will be tied into the event next
week via live database feed.
Local Residents aro
ready to cash inl
International antique buyers
in town next week and ready
to stimulate economy/
By CHRISTINA BUTLER
STAFF WRITER
Hundreds of phone calls
from local residents this week to
the corporate office of the Ohio
Valley Gold and Silver Refinery
pour in inquiring about items to
be purchased all next week by the
team of antique buyers that is on
site with OVGSR.
The team of buyers next week
are purchasing a vast array of
vintage items (see left) along with
coins, gold jewelry, and sterling
silver items the refinery deals in.
It is a Local shot in the arm for
our economy. The spokesperson
for the event expects to spend
in excess of $200,000.00 next
week at the Comfort Inn paying
local residents on the spot. The
spokesperson for the company
explained that these collectors are
paying collector price for vintage
items. It's a great way for people
to get a great value for their items.
Refinery representatives will be on
hand next week starting Tuesday
to purchase all gold, silver and
platinum items, as well as coins.
Public welcome!