Cash for Platinum and Gold, September 11

by Barbara Berthiaume, Contributing Writer

The Peninsula Support Organization (PSO) Bluebills is again sponsoring the Cash for Platinum and Gold event on Saturday, September 11, at the Beach Club Gallery Room from 10:00 a.m. to 4:00 p.m. Start sorting out all of your old, broken, or unwanted gold, sterling, and platinum items and exchange them for cash. Pandemic protocols will be in place.

The buyer, Stan Morton, had been in the retail and wholesale jewelry business for much of his life and started Cash for Platinum & Gold more than 40 years ago to supplement his retirement. All of his business comes from referrals as satisfied customers have learned that he offers as much as 50 percent more than other buyers of precious metals. Morton said that he can provide good pricing because he has little overhead and has personal relationships with the local West Coast refiners to do the smelt and assaying. A resident of Newport Beach, California, he has been an ambassador with his town’s chamber of commerce for over 15 years. He volunteers in his community and has worked with charities, churches, and synagogues to put on Cash for Platinum & Gold fund raising events for their members. 

The buying and selling process is simple: Morton weighs each item and then tests to determine the content—for instance with gold, whether it’s 10K, 14K, 18K, 22K, 24K, or something in between. He pays in cash and provides a receipt for each client’s records. Morton has been coming to Port Ludlow for nine years and has an avid following. He donates 10 percent of his proceeds to the PSO, which supports STEM education and the World Vision Essential Supplies programs on the Olympic Peninsula. For more information, contact either Barbara Berthiaume at (360-437-0423) or Teresa Forrest at (360-437-1191).