Is Now a Good Time to Sell or Recycle Silver-Plated Items?

Is Now a Good Time to Sell or Recycle Silver-Plated Items?

Many experts feel that the price of silver will increase soon. If they are right, does that mean that this is a bad time to recycle those silver-plated candlesticks, serving dishes and pieces of tableware that you’ve been holding onto? Wouldn’t it be wiser to hold on to what you have and dispose of it when prices rise?

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What’s the Best Way to Store Catalytic Converters?

What’s the Best Way to Store Catalytic Converters?

Are you ready to start collecting catalytic converters and sending them to Specialty Metals Smelters and Refiners to be recycled?

Great. Because you will need to collect 500 or more catalytic converters before shipping them to us, your next decision is . . .

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Why There Is Money to Be Made Recycling Metal Pieces You Can’t Identify

Why There Is Money to Be Made Recycling Metal Pieces You Can’t Identify

We found it at the bottom of a small bin of metal scrap that a client had sent to us for analysis. It was a little piece of gold-toned metal, about half an inch long. It was shaped like a barrel, with ribs running along it from end to end. We thought it was a bead, but it didn’t have a hole running through its middle - the kind of hole that would enable it to be used as part of a necklace. Our best guess was that it was part of a larger piece of jewelry - something that had fallen off a brooch or maybe even a tiara. There were no karat markings or other identifiers, so we figured it was made of base metal that had been covered with a thin plating of gold. But what the heck, we tested it and discovered that it was, in fact, made of 12-karat gold.

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What Are the Weirdest Objects Ever Made from Precious Metals?

What Are the Weirdest Objects Ever Made from Precious Metals?

We have already written on this blog about strange things that have been made from precious metals over the centuries. (See “Be On the Alert for Strange Objects Made from Precious Metals,” a blog post we published on November 16, 2016.) In that post, we wrote about sterling-silver prosthetic noses, gold-plated iPhone cases and other oddities.

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Are Your Parents Going to a Nursing Home? Here Are the Best Strategies for Dealing with their Jewelry

Are Your Parents Going to a Nursing Home? Here Are the Best Strategies for Dealing with their Jewelry

If you have an elderly relative who is about to enter a nursing home or assisted living, chances are you are already working with a counselor who is helping you deal with their financial assets. Today’s post is not meant to serve as a substitute for the expert advice you can get from those counselors, who know the ins and outs of Medicare and other factors that can impact on financial planning for elders.

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What Are the Safest Places to Store Precious Metals?

What Are the Safest Places to Store Precious Metals?

Do you have gold, silver and other precious metals that you would like to store safely away? If so, what are your most secure and loss-proof options?

In today’s post, we’ll discuss some of the popular storage places people choose for precious metals and explore what is good and bad about them.

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Mine or Recycle Gold? We Have an Opinion about Which Is Better

Mine or Recycle Gold? We Have an Opinion about Which Is Better

“EPA Allows Mine Company to Pursue Permits Near Alaska Bay,” an article that Becky Bohrer wrote for the Associated Press on May 12, reports that the U.S. Environmental Protection Agency is on the verge of approving a permit for a new copper and gold mine in the Bristol Bay area of Alaska. According to the article, that region produces half of the world’s sockeye salmon. The article reports that the area is also home to a fervent group of environmentalists who vehemently oppose opening a new mine in their pristine area.

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How to Make Money Recycling Tungsten from Old Light Bulbs

How to Make Money Recycling Tungsten from Old Light Bulbs

If you’ve visited the lightbulb aisle at a home superstore lately, you know a big change has taken place. The old incandescent light bulbs that people used for decades have disappeared and been replaced by a variety of new bulbs, most commonly Compact Florescent Lightbulbs called CFL’s, that work much differently from old incandescent bulbs.

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Make Money in Antique Silver Shaving Mugs and Accessories

Make Money in Antique Silver Shaving Mugs and Accessories

A century ago when sterling silver was a relatively cheap metal, it was used much more extensively than it is today to make all kinds of items that were used by people every day. Most every home had silver, or silver-plated flatware, salt and pepper shakers, candlesticks and candelabras, serving plates and dishes, barware and other items for daily use.

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Down the Tubes ... Where to Look for Gold in Pipes and Drains

Down the Tubes ... Where to Look for Gold in Pipes and Drains

There are many places to look for gold. You can pan for it in Yukon streams, look for it in dresser drawers, or search for it behind the walls in boats that the government confiscated from drug dealers. But today, let’s consider a place where you have a much better chance of finding gold bits and scrap . . .

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Mine or Recycle Gold? We Have an Opinion about Which Is Better

Mine or Recycle Gold? We Have an Opinion about Which Is Better

“EPA Allows Mine Company to Pursue Permits Near Alaska Bay,” an article that Becky Bohrer wrote for the Associated Press on May 12, reports that the U.S. Environmental Protection Agency is on the verge of approving a permit for a new copper and gold mine in the Bristol Bay area of Alaska...

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Smart Lessons from Urban Legends about Precious Metals

Smart Lessons from Urban Legends about Precious Metals

Urban legends are stories – usually untrue - that are so weird that people keep repeating them and sending them around via email. They tend to take on lives of their own – some people even think they really happened. There are even urban legends about precious metals. Here are three we have heard…

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Looking to Buy Undervalued Precious Metals? Shop at Businesses for Sale

Looking to Buy Undervalued Precious Metals? Shop at Businesses for Sale

It is easy to find businesses that are for sale. You will find them advertised in newspapers that are published near where you live. Plus, you can find hundreds of them online on BizBuySell.com and other online listings of businesses that are for sale. Just search online for “businesses for sale” and you’ll soon be looking at hundreds of them. 

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Can You Recycle Precious Metals from Medicines and Medical Devices?

Can You Recycle Precious Metals from Medicines and Medical Devices?

Please take a minute to consider this imaginary story… You buy an old retail building that was once home to several stores. One of them was a pharmacy. While you’re exploring there, you open a drawer and find several dozen boxes of old wound dressings that contain silver. You then send those wound dressing to a precious metals refinery like us, we process them, and send you a nice big check for several hundred dollars. It's a nice fantasy, isn’t it? But if you find any, they are not going to contain enough silver to be worth much. Sorry to deflate your dreams of wealth. But let’s look at some other places where silver and other precious metals can be found in the world of medicine. 

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A Field Guide to Platinum and Other Precious Metal Scrap

A Field Guide to Platinum and Other Precious Metal Scrap

If you’ve ever walked around an old industrial site hunting for precious metal scrap, you know that the search can be overwhelming. You examine heaps of dirt, piles of chemicals hiding in the bushes, old steel drums that contain dried or wet sediment, streams where chemicals and byproducts were once deposited, and all kinds of other places that could be hiding precious metal scrap. Although you cannot identify most precious metal scrap just by looking at it, here’s a quick visual guide to some of the materials that can often be refined profitably in our precious metals refinery.

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Plato Wants to Know… What Precious Metal Are YOU Made Of?

Plato Wants to Know… What Precious Metal Are YOU Made Of?

It might interest you to know that the Greek philosopher Plato made some philosophical inquiries into precious metals. You remember Plato. He lived from about 428-348 B.C., studied with Socrates, and taught Aristotle how to think. In his famous book The Republic, Plato wrote that human beings, just like precious metals, come from the earth. He also wrote that human beings, like minerals, can be made of three different metals…

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