The discoloration of speaker cables 'around the spool' has nothing to do with it being OFC or not. The gassing off of chemicals from the insulating jacket and/or the presence of moisture and air causes the reactions that make the copper go black/green/grey etc.
Oxygen free copper of the grading used in audio has an identical conductivity to Cu-ETP. Cu-ETP is already 99.90% pure, OFC is 99.99%.
Well I've never seen this happen with OFC speaker wire, but fairly regularly with cheap lampcord etc. So whatever the reason it pays to just pay a few dollars more.
Well it seems the pros agree with me lol.
"Another perceived benefit of oxygen-free copper is due to the susceptibility of copper to corrosion when exposed to air. If you’ve ever had the pleasure of removing an old car battery, you know that copper exposed to oxygen corrodes battery cables, and stops conductivity dead in its tracks (electrons go in, but they don’t come out). According to tests, oxygen-free copper also runs cooler than other conductors. It’s more resistant to shorts, more durable and long-lasting, and is far less likely to corrode, due to the reduced oxygen content.
In light of all this, it becomes clear that the reason for OFC is due to consistent signal transfer in precision applications, longer life, greater reliability, and better performance over long cable runs. As such, if you’ve just installed a Rupert Neve Designs 5088 console in your studio to the tune of six figures, you’re going to want your cables to carry that tune all the way to number one on the
Billboard charts. And, as Mogami states, there is no single magic bullet to creating superior cables. Rather, a combination of several factors, of which their years of research has determined that OFC copper is one. That, and the fact that cable is not meant to modify or alter signal in any way. Its job is to pass audio as transparently as the laws of physics will allow."