Jeff Aronson: The History of Cash4Gold’s CEO

Jeff Aronson is the Founder and CEO of Cash4Gold, the industry leader in the direct-to-public refinery business. As he has most recently done with Cash4Gold, Aronson has made a habit of quickly building industry leaders, further emphasizing the entrepreneurial spirit that has driven him throughout his career.

Jeff Aronson’s exposure to the metallurgy business started early on. Soon after graduating from Staten Island University in New York City, Aronson relocated to the Midwest. He first discovered his calling to metals while at a silver reclamation plant. The company engaged in a process of washing x-ray film to recover traces of silver. It was through his exposure to this business that he saw a huge void that needed to be filled.

Aronson then began a six-year self education in the precious metals business. While apprenticing for large and small refineries across the country, Aronson learned from about 30 of the most knowledgeable metals experts in the industry. He closely observed each expert’s distinct heat and chemical methods of separating metals, and in the process implemented improvements and developed his own methods. A true entrepreneur, Aronson dedicated himself to self-education to become a master of his craft.

Now an expert of precious metals refining, Aronson founded Albar Precious Metals in 2001. Staying consistent with his trend of rapid growth and success, Aronson built Albar into one of the most successful refineries in the country within a couple of years. By 2006, Albar was refining approximately 300,000 ounces of silver and 10,000 ounces of gold every week. In recognition of the company’s success, Albar was the only refinery to be named to the prestigious Inc. 500 list of fastest growing companies in both 2006 and 2007.

While at Albar, Aronson discovered another void in the precious metals business and seized the opportunity. He felt that the public could benefit from dealing directly with the refinery and had the idea to expand into the direct-to-consumer business, a new frontier in precious metals refining. In March of 2007, after extensive planning and development, Jeff Aronson and Howard Mofshin founded Cash4Gold.

Cash4Gold allows consumers to work directly with the refinery to exchange their broken or unwanted gold for cash, giving them a safe, secure and expedient transaction. In less than two years, the company promptly grew from two to 300 employees, and continues to expand. As has been Aronson’s history for quickly generating success, Cash4Gold is now the largest jewelry appraiser and buyer from the public in the country, completing more than 700,000 transactions and setting a standard for the new industry that it spawned.