The Baytown Sun (Baytown, Tex.), Vol. 90, No. 322, Ed. 1 Sunday, March 27, 2011 Page: 8 of 24
twenty four pages : ill. Digitized from 35 mm. microfilm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
The Baytown Sun
Sunday, March 27, 2011
PAID ADVERTISEMENT
NATIONWIDE COMPANY IN BAYTOWN THIS WEEK
PAYING CASH FOR GOLD, SILVER AND COINS.
Above: Refinery representatives will be on hand starting Monday through Friday to pur-
chase all gold, silver and platinum items, as well as coins. Public welcome!
By David Morgan
STAFF WRITER
Been following the gold and silver market
lately? Well if you have a jewelry box, a
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 sitting on a few
gold necklaces or an old class..ring" says
Miller
Starting Mondoy it 9am and every
day this week through Friday, the Ohio
Valley Refinery is setting up- a satellite
refinery right here in Baytown at the
Comfort Suite* 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
this 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 visit various
cities around The country hosting 5 day
events and 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 what an old ring or gold coin
is worth, 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 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 made before 1965 including
silver dollars, halves, quarters and dimes,
anything marked "sterling" including
flatware 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 it's 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
WE BUY
SCRAP GOLD
& GOLD
JEWELRY
r
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 l 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 moke
an appointment with the smelt master to
discuss their speciol dealer programs.
They can be reached during Refinery
hours at (217) 787-7767
Ohio Valley Refinery will open for
business Monday from 9am-6pm. The
event continues every day through Friday.
No appointment is needed fdr the general
public.
• Check It Out! •
ink’ M< >h’l INI(ik’MAIK >N, ' All
217.787.7767
SILVER AND GOLD COIN PRICES
UP DURING POOR ECONOMY.
Collectors and Enthusiasts in
Baytown with $200,000 to
Purchase Yours!
By Ken McIntosh
STAFF WRITER
Got Coin? It might be just the time to
cash in. This week, starting Monday
and continuing through Friday, 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 qualify or
grade will be determined. The better the
grade the more they are worth, according
to collectors I talked to. With the silver
and gold markets high, prices of older
coins are too. Any coins minted before
1965 in the U.S. are 90% silver, except
nickels and pennies.
The coin's worth is determined by the
rarity and the grade. Old silver dollars
are worth a great premium right now,
even well worn heavily circulated ones
are bringing good premiums. Franklin
and Kennedy half dollars, Washington
quarters, Mercury and Roosevelt dimes
are all worth many times the 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 International Collectors Association.
"This country didn't start minting coins
until 1792" says Eades. He explained,
"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
ITEMS WE WILL
ACCEPT INCLUDE:
Scrap Jewelry
Dental Gold
Sterling Silverware
Sterling Silver
Tea Sets
Silver Dollars
All Pre-1965 Coins
Industrial Scrap
All Forms of Platinum
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. But not
all gold coins were turned in. "Many folks
during that time didn't completely trust the
government and chose to keep their gold"
said Eades.
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 purchased
including foreign coins, Indian 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 coin's value
lessened.
r
ITEMS OF INTEREST
COINS: All coins made before 1965:
silver and gold coins, dollars, halves,
quarters, dimes, nickels and pennies.
All conditions wonted!
VINTAGE GUITARS: Martin, Gibson,
Fender, National, Rickenbacker,
Gretsch, Mandolins, Banjos & others
WRIST & POCKET WATCHES: Rolex,
Tiffany, Hublot, Omega, Chopard,
Cartier, Philippe, Waltham, Swatch,
Elgin, Bunn Special, Railroad, Ebel,
Illinois, Hamilton & all others
JEWELRY: Gold, silver, platinum,
diamonds, rubies, sapphires, all types
of stones and metals, rings, bracelets,
necklaces, etc. (including broken and
early costume jewelry)
ANTIQUE TOYS: All makers and
types of toys made before 1965:
Hot Wheels, Tonka, Buddy L, Smith
Miller, Nylint, Robots, Battery Toys,
Mickey Mouse, Train Sets (all gauges,
accessories, individual cars), Barbie, .
Gl Joe, German & others
WAR MEMORABILIA: Revolutionary
War, Civil War, WWI, WWII, etc:
swords, badges, clothes, photos,
medals, knives, gear, letters.
Local records reveal to our research
department'that recent vintage guitar
sold for $2400.00 and another for
$12,000,00 to a collector that will be
tied into the event this week via live
database feed.
LOCAL RESIDENTS ARE READY TO CASH INI
International antique buyers in town this week
and ready to stimulate economy!
By David Morgan
STAFF WRITER
Hundreds of phone calls from local residents poured in to the corporate office of the
Ohio Valley Gold and Silver Refinery this week —inquiring about items to be purchased
by the team of antique buyers that is on site with OVGSR.
The team of buyers this week are purchasing a vast array of vintage items, along
with the 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 this week at the Comfort Suite*, paying local residents on
the spot. The spokesperson for the company has explained that these collectors are
paying collector prices for the vintage items and it is great way for people to get a great
value for their items.
Above: Refinery representatives will be on hand starting Monday through Friday to pur-
chase all gold, silver and platinum items, as well as coins. Public welcomel
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
Gray, Janie. The Baytown Sun (Baytown, Tex.), Vol. 90, No. 322, Ed. 1 Sunday, March 27, 2011, newspaper, March 27, 2011; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1029063/m1/8/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sterling Municipal Library.