Toledo jeweler giving cash for gold

By Lauren Lowrey - bio | email 

Posted by Kate Oatis - email

TOLEDO (WTOL) - For the next three days, Broer-Freeman Jewelers, located on W. Central Ave., may offer to buy your gold. They've changed the marquis and even set up chairs for folks waiting in line to make a trade.

"Everybody's got an old class ring. We buy dental gold, something that was in someone's mouth, but it's a high carat gold," said jewelry buyer Tom Rump.

Turns out folks are pleased to have the option of selling something they're not really enjoying anymore.

"I recently had my wedding ring re-mounted and the old one is just sitting there, so I thought I might as well turn it in and see what I can get for it," said Teresa Latsch. "I was offered $195. I did have these appraised from someone else who offered me much less, so I'm very happy with the price."

While gold is the top trade, other precious metals will trade in, too, like a woman's sterling silver flatware that she picked up at garage sales over the past few years.

"I came in, got a very generous $215 for it and I'm very grateful," Judy Thomsen said.

The tough economy has a lot to do with why people are willing to sell items they might not have considered selling years ago.

"We find lately, since the economy is a little less than robust, it's busier. And we've got a lot more people coming in to sell these items they're not enjoying and they'd rather have the money to maybe take care of other bills," said David Cameron.

And some folks are just curious to find out what they can get for an item or two.

"I wanted to get in on the fun, so I brought two rings to see if they had any value. And the verdict is $300. Look at that!" said Lauren Standup.

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