A Nazi dagger from World War II, as well as collectible coins, were some of the items present at the Ohio Valley Gold and Silver show in Plano on Thursday.
That was the lesson a Plano man learned recently when he brought an 1889 Carson City Silver Dollar to the Ohio Valley Gold and Silver show in Plano. While he walked in with $1, he walked away with $1,500 in cash due to the rarity of the coin.
Mike Crawford, the field manager for Ohio Valley, said his company is always looking for older coins and currency, as well as jewelry and other items such as sports memorabilia and vintage guitars. Crawford said now is the time for people to act if they want to ensure they maximize the value of their collectibles.
Kelsey Kruzich / Staff Photo: A Nazi dagger from World War II, as well as collectible coins, were some of the items present at the Ohio Valley Gold and Silver show in Plano on Thursday.
“The antique market is starting to get flooded,” Crawford said. “Now is the time to let the collectibles go before the market even gets worse, since all of the baby boomers are retiring and downsizing, and the more items that hit the market, the less people will pay for them.”
Gold and silver are two of the hottest items Crawford and his buyer, Michael Lohrengel, see on a daily basis. Crawford said it is also a great time to get rid of unwanted gold and silver, since the price for gold is at a near-record level and the price of silver has nearly doubled in the last two years.
“We are seeing a lot of coins, costume jewelry and broken chains,” Crawford said. “The price of gold went from nearly $1,900 an ounce in August, down to $1,400 six months later. Now it is back up to around $1,800 and I think it will stay there for a while.”
Even though Ohio Valley specializes in gold and silver, the meeting room at the Super 8 motel on U.S. 75 was filled with far more than gold and silver. Tables included full American military uniforms and metals from World War II, as well as other war items such as a Hitler-era Nazi dagger made by the Solingen Company. There was also a French sword from the late 1800s and a toy Texaco fire truck, which has an estimated value of about $1,000.
Crawford said a lot of the war items are donated by the children and grandchildren of veterans who don’t want the items after the veterans die. Other items such as sterling silver flatware sets are also commonly donated once they are passed down to new owners, who decide they won’t ever use them and want to get something for them.