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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How to Recycle Gold from Old Plating Tanks

How to Recycle Gold from Old Plating Tanks

...Presto! Gold plating has happened. It’s a simple process that has been used for years to apply gold plating to jewelry and other metal items. But today’s post is not about recycling those items. It’s about reclaiming gold from the tanks where the process took place. Let’s take a closer look...

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How Will Modern Crime-Fighting Tools Change the World of Precious Metals?

How Will Modern Crime-Fighting Tools Change the World of Precious Metals?

Only a few years ago, it was easy for crooks to sell items they had stolen – silverware, jewelry, firearms, what have you. They just drove to a pawnshop located some distance from where the crime had occurred and sold what they had stolen. The situation was bad for everyone…All that is now changing, thanks to new online databases of stolen goods

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How to Make Money Recycling Palladium

How to Make Money Recycling Palladium

It’s been a while since we wrote about palladium on our blog. Since we last wrote about this precious metal two years ago, its trading price has risen from about $700 to $800 on the London fix. That’s reason enough to revisit the topic of palladium. And because it is still very feasible to realize a good return from acquiring and recycling this often-overlooked precious metal, we are providing an overview of the basics in today’s blog post. 

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Where Precious Metals Could Be Hiding in Your Home

Where Precious Metals Could Be Hiding in Your Home

Before you hop in your car and go looking for precious metals at home sales, in open fields, at antique stores and the other common places visited by people who hunt for gold and precious metals, why not ask this simple question? Are precious metals hiding right under your nose, right there in your home? The simple fact is, they could be. Here are some places that should be on your radar… 

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2017 Precious Metals Trends to Watch

2017 Precious Metals Trends to Watch

Will your gold, silver, platinum and other precious metals increase in value in the coming months and years? Will the demand for recyclable precious metals increase in 2017? There is no way to predict with absolute certainty. But here are some trends to watch.

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It’s Time to Cash in on Silver from Dental Practices that Are Closing

It’s Time to Cash in on Silver from Dental Practices that Are Closing

We have noticed that it is relatively difficult to find scrap gold in dentists’ offices that are closing, probably because those dentists are savvy enough to capture and sell gold items, not sell them at bargain prices. Silver, however, is another matter. Where can you find silver to buy, and then recycle using a qualified precious metals recycler like Specialty Metals Smelters and Refiners?

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Looking for Precious Metals? Here’s How to Search Aerial Land Maps Online

Looking for Precious Metals? Here’s How to Search Aerial Land Maps Online

Forty or 50 years ago, only people who owned airplanes could zoom over the earth, looking for sites likely to contain precious metals. If they found the location of an old church, factory, house or mine, they noted the location and then visited it on foot. Today, you can do it all online. 

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Why Let Tens of Thousands of Electronic Devices End Up in Landfills when You Can Recycle Them and Make Money Today?

Why Let Tens of Thousands of Electronic Devices End Up in Landfills when You Can Recycle Them and Make Money Today?

In case you think that scrapped computers and other old electronic devices are hard to find and send to us to be recycled, we’d like to direct your attention to statistics that were recently reported in “Electronic Waste by Numbers: Recycling & the World,” an article that was posted on March 12, 2016 on ewaste.com. Every year, vast quantities of electronic waste are tossed away. Here are some eye-opening statistics…

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Don’t Fall Victim to Counterfeit Sterling Silver

Don’t Fall Victim to Counterfeit Sterling Silver

Why would anybody bother to counterfeit sterling silver? After all, silver sells for lower prices than any other precious metal. Why would anybody take the trouble to counterfeit it? The simple answer is that counterfeiters have learned to take cheap, silver-plated tableware, stamp them so they look like they were made by prestigious manufacturers, then sell them to collectors for high prices. In other words, they are artificially inflating the collectible value, not the metallic value. 

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Thinking Inside the Box: Investing in Boxes that Contain Precious Metal

Thinking Inside the Box: Investing in Boxes that Contain Precious Metal

We have previously written on this blog about all kinds of collectibles that can contain gold, silver, platinum and other precious metals. We’ve explored canes and walking sticks, barware, smoker’s accessories, buttons and medals, and lots more. Today, we’d like to direct your attention to another investment that should be on your radar... Boxes that contain precious metals.

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Which Medals and Trophies Contain the Most Precious Metals?

Which Medals and Trophies Contain the Most Precious Metals?

What about the gold-toned Oscars that are given to Academy Award winners? They are only plated with a very thin layer of 24-karat gold. Even though they stand 13.5 inches tall and weigh more than eight pounds, they still don’t contain enough gold to recycle for a significant amount of money. But there is value in some trophies, medals and awards...

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Three Ways of Casting Gold that Precious Metals Investors Should Understand

Three Ways of Casting Gold that Precious Metals Investors Should Understand

Since ancient times, jewelers have been creating rings and other pieces of jewelry by pouring molten metal into molds. What methods did they use? Have any new methods have come along? It’s a fascinating subject that you should understand if you invest in precious metals. In today’s post, we’ll take a closer look.

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