Saturday, April 26, 2008

Pawn shops receive scores of gold teeth


Pawnshop owners say the high price of gold has led to a mass influx of people seeking to sell their gold teeth, dental caps, fillings and bridgework.

Pawn shop proprietors said that while in previous years they would occasionally encounter people seeking to sell their gold teeth, the number of customers seeking cash for their dental work has skyrocketed, WKMG-TV, Orlando, reported Thursday.

"People are really cashing in. If a dentist passes away, their kids come in with a big pile of gold teeth," said Scott Taber, owner of Taber Coins, which regularly purchases dental gold and resells it to gold smelters.

Taber and others attribute the phenomenon to the worth of gold, which peaked March 17 at $1,038.60 an ounce and currently stands at about $920. Experts have predicted the price could rise again in the near future.
From UPI

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