Mississippi Record
Oxford
Medium PriorityTaxes Budgetopen

Sale of city-owned silver

Summary

The city has sat on about 1,000 ounces of silver from old hospital X-ray processing since the 1970s, paying safe-deposit fees the whole time. With silver near a record $94–95 an ounce, selling now could bring in roughly $80,000–$100,000 — but the county has to agree, and a formal notice process is required.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jan 20, 2026.

Impact analysis

💰Financial impact

Could put an estimated $80,000–$100,000 into city funds if sold at or near market value.

✅Who benefits

City taxpayers, since the silver has been a dormant asset costing storage fees for decades.

Mentions & discussions (1)

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