$300,000 expected to be distributed in Pell City this week

Published 9:58 am Thursday, March 4, 2010

Gold and silver prices are higher than ever and rising. The U.S. dollar is weak and the world economy is in shambles. Yet the demand for gold and silver is high. Starting on Tuesday, the Ohio Valley Gold & Silver Refinery is hosting a five day precious metals reclamation drive. Local area businesses and the general public will have a rare opportunity to turn in their precious metals direct to our refinery where they will be paid on the spot.  Ohio Valley Gold & Silver Refinery expects to purchase over $300,000 worth of antiques, collectibles, gold, silver, platinum and palladium during this 5-day event.

Refineries typically do not do business with the public. Rather, they deal with precious metal accumulators like jewelry stores, pawn shops, dentist offices or industrial facilities that trade with some form of precious metal.  Gold, silver, platinum and palladium will be accepted each day of this five day reclamation drive. All forms are welcome including scrap jewelry, dental gold, gold leaf, jewelry’s raw gold, gold coins, gold bars, silver coins, sterling flatware, silver coins and silver bars, industrial scrap, etc. All local area businesses that deal with precious metals are encouraged to call ahead and make an appointment with one of our representatives. There are no appointments needed for the general public to sell their items.

When and where: Thursday and Friday (9 am – 6pm), Saturday (9 am – 4 pm)

Hampton Inn on 220 Vaughan Lane in Pell City

Items that may be sold include:

Gold: Including unwanted, broken, and mismatched jewelry, gold scrap, gold coins, dental gold

Silver: coins, flatware, tea sets, goblets, jewelry; anything marked sterling

Jewelry: vintage/modern jewelry, diamond rings, broaches, bracelets, earrings, loose diamonds, gemstones

Coins: all coins made before 1965, rare coins, coin collections, silver dollars, half dollars, quarters, dimes, half dimes, nickels, all others

Paper Money: all denominations, both US and foreign made before 1934

Wrist Watches: Rolex, Tiffany, Hublot, Omega, Cartier, Chopard, Patek Philippe, Ebel, Waltham, all others

Pocket Watches: Chopard, elgin, Bunn Special, Railroad, Illinois, Hamilton, all others

War items: Civil War, WWI, WWII, all others

Vintage Guitars: Martin, Gibson, Fender, National, Rickenbacker, Gretsch, all others

Antique toys: trains, tin windups, mechanical banks, robots, pressed steel trucks, and more