Leaders may auction off ‘windfall’ silver
by Associated Press
Published: September 8,2011
OXFORD — The City of Oxford and Lafayette County will likely sell more than 4,200 ounces of silver at bid.
The Northeast Mississippi Daily Journal reports that 42 bars of 100 ounces each and a couple of smaller pieces were found in a safety deposit box rented before the local hospital was leased to Baptist Memorial Health Care in 1989.
Officials say the silver came from recycled x-rays. Baptist bought the hospital last month, with plans to replace it with a new facility within five years.
If the county agrees, city officials say the plan is to advertise the silver in area newspapers and websites to attract buyers.
One idea to keep a bar or two for special use, such as to mint some coins to commemorate the city’s 175th anniversary next year.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Hood clarifies opinion on open-carry gun law
- IKE TROTTER: There are primary changes in Social Security for 2014
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- C Spire launches next phase of 1-gig service rollout
- Court to hear case involving alligators and ExxonMobil
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- Alcorn's finances being investigated; CFO resigns
- Officials hand mayor projects list totaling $57.7M
- Public meeting called to mull future of convention center
- Town given Obamacare insurance break, but faces additional costs in 2015