NOTICE TO CUSTOMERS: We ask for your patience as we work through an unprecedented number of orders. We know that delivery delays impact your business and we take them seriously. We are working overtime to get through our backlog but advise all customers to plan ahead and expect longer lead times. We deeply value the partnership we have built with you over the years and we plan to get back to our normal delivery times within the next few weeks. Please do not hesitate to call us with special inquiries.
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06.14.2021 Metal Prices
Gold1,865.60
Silver28.06
Platinum1,154.00
Palladium2,752.00
Iridium6,100.00
Ruthenium760.00
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Get Higher Returns

All packages should have a letter or note stating the scrap weights. If you do not include weights of your materials and the package is damaged or your weights do not match ours, we have no way of knowing if there are discrepancies until the lot is settled and your material has been melted. Special instructions regarding the settlement options must be in writing, preferably on our REFINING CHAIN OF CUSTODY FORM (not written on the package). Due of the high cost of assaying, WE DO NOT ASSAY FOR ALL PRECIOUS METALS UNLESS REQUESTED. This includes platinum, so please tell us the specific metals you want assayed. Additional charges will apply. 

Six Ways To Separate Your Scrap

  1. Gold scrap – karat scrap, jewelry scrap, filings & bench sweeps
  2. Silver scrap & filings
  3. Platinum
  4. Palladium
  5. Gold filled scrap, watch bands & optical scrap (Keep each item separated.)
  6. Floor sweeps, polishings, sink sludge, emery & filters

 

 

MAXIMIZE Your Returns

  • Anything used in precious metals manufacturing should be turned in for refining with sweeps in a container. This includes store buffs, brushes, emery paper, etc.
  • Include name, address and instructions.
  • Include the weight of the scrap.
  • State Assay Instructions (ie. Assay for Silver, Gold, Platinum, Palladium)
  • Separate metals, not karats.
  • Separating your scrap increases your bottom line by minimizing your refining charges.
  • Separate magnetic from non-magnetic material.
  • Treat it like the rest of your inventory, turn it at least twice a year.
  • Know the basics of refining.
  • Track the scrap in your shop.
  • Promote the fact that you buy scrap.
  • Send your scrap to a reputable refiner, not a middleman.

Tip To Improve Your Return

Iron in your scrap may lower your return. Iron has a high melting temperature so it's more difficult to melt and assay. It is best to remove any iron from your scrap with a magnet.


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