Cash for Platinum & Gold

by Barbara Berthiaume, Staff Writer

The Peninsula Support Organization is again sponsoring the Cash for Platinum & Gold event. It will be held on Saturday, June 25, in the Bay View room of the Beach Club from 10 a.m. to 4 p.m. At this event, interested sellers can receive cash for their old, broken, or unwanted items made of gold, sterling, or platinum.

The buyer, Stan Morton, has 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 and he has had a loyal following in Port Ludlow for nine years. Satisfied customers say that Morton offers as much as 50 percent more than other buyers of precious metals. He explained that he is able to do this because he has little overhead and has personal relationships with local West Coast refiners who do the smelt and assaying.

A resident of Newport Beach, California, Morton has been an ambassador with his city’s Chamber of Commerce for over 15 years. He is a volunteer in his community and has worked with charities, churches, and synagogues to hold Cash for Platinum & Gold fundraising events.

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 donates 10 percent of his proceeds to the Peninsula Support Organization, which supports STEM and the World Vision Essential Supplies programs on the Peninsula.

For more information, contact Eline Lybarger or Teresa Forrest a2206|||plvoice|||org|||Cash for Gold