Daily Independent (Ashland, KY)

Local News

December 11, 2013

Giving cash for coins and more, tim preston, 12/12/13

CANNONSBURG — An old coffee can or jewelry box is the same as a treasure chest for the crew on duty at the Cannonsburg Days Inn on behalf of the National Coin Collectors Association.

“We do the work. If someone has a box of jewelry, or a can of coins, we sort them all out for people,” said collector Jeff Hunter, moments after sorting a coffee can of coins left to Raymond and Sharon Stephens of Ashland by her father, Okie Green.

“I’ve learned a lot today,” Mrs. Stephens said, explaining she was unaware of the potential value of a nickel with a “three-legged buffalo” or steel pennies minted during World War II.

Mrs. Stephens said she and her husband weren’t really interested in making money, although they were interested in learning about the coins her father had collected in the old can.

“We were just really curious because we knew he had left them for a reason,” she said.

Angela Wright, field manager for the association and the daughter of bluegrass musicians from Kentucky and West Virginia, said she always expects to see prized musical instruments among the things people bring to sell when the company hosts events in this area.

“I’m always asking where the old Martins and Gibsons are,” she said with a chuckle.

Wright said the team of three collectors has been seeing lots of coins, as well as a respectable amount of gold, during the visit, which continues through late Sunday afternoon.

“If we get real crazy we’ll bring in more experts,” she said, noting this is a particularly good time to buy and sell gold.

“With gold at a 40-year high, almost $1,300 an ounce, we’re obviously going to be buying that,” she said, emphasizing they are interested in everything from scrap gold to fine jewelry — as well as “anything sterling,” and military memorabilia.

“It has been mainly coins so far, but people talk to us and then go home and see what other things they have. They go back and start digging. By the weekend, it’s a buying frenzy,” she said. “We recommend the women bring their whole jewelry box in.”

With Internet information readily available, Wright said most of the visitors tend to have a decent idea of the value of the things they are bringing in, even though most tend to overvalue heirloom items because of sentimental reasons. When that happens, Wright said the collectors simply talk to people and explain sentimental value does not translate to dollar bills, unless the item in front of them has serious documentation making it a historical object.

Even when someone has something more valuable than he or she realizes, Wright and her team said they dare not try to take advantage of the circumstances because it would ultimately work against them. Bargains and rare finds, however, are still found from time to time. Wright said her personal best purchase was a coin from 1856.

“It was an 1856 flying-eagle penny. They only made 2,000 of them and I found one,” she said with a note of pride.

 Agents representing the National Coin Collectors Association will be at the Days Inn in Cannonsburg from 9 a.m. to 6 p.m. through Sunday. The collectors discourage telephone calls because of the difficulty of evaluating anything they can’t see, and encourage anyone with something to sell to simply show up.

“Come as you are, bring what you have,” Wright said.

TIM PRESTON can be reached at tpreston@dailyindependent.com.

1
Text Only
Local News
  • Boyd Democrats take floor at Elks

    Boyd County Democrats met at the Elks Lodge for a matchup between candidates for two of the hottest primary races in Boyd County: sheriff and judge-executive.
    The candidates, sponsored by the Boyd County Democratic Women’s Club, each took to the podium to face the crowd Tuesday night and discuss the candidacy and platforms for the race that is still over a month away.

    April 15, 2014

  • Shay receives 38 years for fatal shooting

    Casey R. Shay, 27, of Morehead, was sentenced Monday to 38 years in prison for the fatal shooting last year of Cassandra M. “Cassie” Owens, 21.

    April 15, 2014

  • 0416homegarden.jpg Space not problem with home garden

    Growing your own dinner is not a concept lost on Kenny Imel.

    April 15, 2014 1 Photo

  • Greenup court jumpstarts road repairs

    As part of the Greenup County Fiscal Court’s annual expenses, the court approved the first reading of an ordinance that allots up to $1.5 million for blacktopping damaged county roads.

    April 15, 2014

  • Nursing home reports drug theft to APD

    Woodland Oaks Health Care Facility, 1820 Oakview Road, on Monday reported the theft of 30 hydrocodone tablets from a secured area within the nursing home.

    April 15, 2014

  • Devices left from previous construction discovered

    All four lanes of U.S. 23 were shut down for nearly two hours Tuesday following the discovery of old explosives on a hillside rock cut.
    The devices apparently were left over from a previous construction project and were discovered by a crew working on the new Ironton-Russell Bridge, Russell Police Chief Tim Wilson said.

    April 15, 2014

  • Boyd walk to raise awareness of autism

    The differences in the nine children in Carla Malone’s classroom are striking.
    A few can talk, but some won’t make a sound and others jabber apparent nonsense sounds.
    There are playful children and those who keep to themselves. Some of the children can read and do other academic tasks. Schoolwork for others means matching pictures and doing exercises to develop fine motor skills, like learning to hold a pencil.

    April 15, 2014

  • Grimes outpaces McConnell in first quarter

    Democratic U.S. Senate candidate Alison Lundergan Grimes has again outpaced her likely Republican general election opponent, incumbent Mitch McConnell, in fundraising during the first quarter — but she remains well behind McConnell in total fundraising and cash on hand.

    April 15, 2014

  • 0416explosives0166 copy.jpg UPDATE: U.S. 23 reopened; explosives eliminated

    More information on the U.S. 23 closure from the the Kentucky Department of Highways.

    April 15, 2014 1 Photo

  • BREAKING: Explosives find shuts down U.S. 23

    All four lanes of U.S. 23 have been shut down to the discovery of undetonated explosives on a hillside, authorities said.

    April 15, 2014

Featured Ads
Seasonal Content
AP Video
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP basketball
SEC Zone