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Cash4Gold
Even in his youth, Albar Metals CEO Jeff Aronson was
fascinated by precious metals.
After graduating from college and spending some time
in the music industry, Aronson plunged headlong into a 6-year self-education
in the metallurgy business. He criss-crossed the nation, apprenticing
at large and small metal refineries. During this time Aronson learned
from masters of the craft about the many heat and chemical driven
methods of separating metals. In 2001, just a few months after the
birth of his first daughter, Aronson left his position as the senior
sales and operations manager for a large refinery to launch his
own venture, Albar Metals.
Within a couple of short years, Aronson had built
Albar into one of the most successful precious metal refineries
in the nation. In August 2004, Albar relocated to Florida. By 2006,
Albar was refining approximately 300,000 ounces of silver each week,
and 10,000 ounces of gold. In recognition of the company’s
astronomical rate of growth, Albar was named to the prestigious
Inc. 500 list of fastest growing companies in 2006, ranking #129,
with a growth rate of 775%. The following year, 2007, Albar again
made it onto the Inc. 500 list.
During this period of growth, Albar won refining contracts
with United States government agencies, as well as a network of
pawn brokers, dental labs and other major players in precious metal-intensive
industries. After an extensive review of his company’s pawn
broker work, Aronson had the idea to expand Albar into the direct-to-consumer
precious metals refining business. As the pawn broker portion of
Albar’s business grew, Aronson realized that consumers could
benefit from having a direct relationship with a refining company.
Though this concept had not previously been tested on a large scale,
Aronson believed that with the proper logistics, and a robust customer
service front-end, he could make it work.
In March 2007, after extensive development, planning
and infrastructure upgrades, Cash4Gold was born. In May 2007, Aronson
was joined at the helm of the company by Howard Mofshin, its President.
Prior to joining Cash4Gold, Mofshin was a successful entrepreneur,
having founded a brokerage firm which he later sold to Fahnestock
& Co. Today, Cash4Gold has been proven to be a wildly successful
concept with tremendous consumer demand. In fact, Cash4Gold has
grown even larger and faster than Albar Metals. In 2008, it became
the #1 buyer of precious metals direct from consumers. In February
2009, Cash4Gold.com gained the added distinction of being the first-ever
precious metal refiner to advertise in the Super Bowl. The company’s
ad, starring Ed McMahon and MC Hammer, was declared the best Super
Bowl ad of the year by media as diverse as the New York Post, Advertising
Age, and CNBC. For more information, please visit www.cash4gold.com.
More about Cash4Gold:
How Cash4Gold Works |
History of Cash4Gold |
Tour of Cash4Gold
Aronson History |
Cash4Gold Super Bowl Commercial
Cash4Gold Super Bowl Critics |
Using The Estate Buyer
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