At The Money Tree, lost treasure is discovered
Published July 16, 2008

Myron Xenos of The Money Tree. (West Life photo by Larry Bennet)

Looking to get rid of some old jewelry, or do you just want to know how much your aunt’s old ring is worth? Or maybe you have some scrap gold or silver, or even dental gold you’d like to dispose of. If so, pay a visit to The Money Tree in Rocky River.

At The Money Tree, you’ll be assisted by Myron Xenos, who has been in the buying and appraisal business for 45 years. Xenos has been in the same Rocky River location for more than 30 of those years. And in addition to his work at The Money Tree, he also serves as the collectibles auctioneer for Channel 25’s annual May auction. 

The Money Tree is a local business, meaning that Xenos works with local dealers when selling items, which is important to Xenos because he believes in making sure every customer gets a fair shake.

At the Money Tree, Xenos buys and appraises a wide range of different items.

“Even the smallest platinum rings are worth something,” Xenos notes. Xenos will examine coin collections and estates, medals, paper money, any jewelry, old watches, sterling silver, platinum and more. Not sure if what you have is valuable? That’s not unusual; Xenos notes that of the countless silver dollars in existence, only some are rare.

“Most people tend to have a drawer full of stuff that has value that they want to get rid of,” Xenos says.

What is in demand currently? Two markets that are doing particularly well, Xenos says, are gold and rare coins. After a long period of stagnation, the gold market recently began to boom again, Xenos says. And collectors will pay hundreds of thousands of dollars for some coins.

“The coin market is doing very, very well,” Xenos says.

The Money Tree is located at 1260 Smith Ct. in Rocky River. To schedule an appointment, call The Money Tree at (440) 333-3444.