REFINING CUSTOMERS - Due to gold market prices at all time high rates, our refining lead times have increased by 10 business days. Please allow 10 business days for refining clean scrap and 15 business days for stone removal and/or sweeps.
Separate Your Metal
Separating your scrap properly is the most important step in minimizing your refining charges. Follow our simple steps to maximize your returns.
All metal weights should be notated on the Chain of Custody Form. 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 to 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 and watch bands 6 - Floor sweeps, polishings, sink sludge, emery & filters
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 a completed REFINING CHAIN OF CUSTODY FORM. If you are unable to print the form, please include name, address and instructions on handwritten paper. • 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.
