3 Simple Steps: How to Find the Best Gold Refiner

Like many companies, you probably have some older gold-bearing scrap and used equipment and components on hand that could put money in your pocket if you sent them to the right gold refiner. They could be old circuit boards, cellphones, medical equipment, eyeglass frames, automobile airbags, digital cameras, sputtering targets, or gold-containing resins and salts that you don’t use in your manufacturing processes anymore. All those things – and more – could contain valuable quantities of gold.

Image of circuit boards and computer scrap, which contain Gold, Platinum, Palladium, and Silver that Specialty Metals refines and recycles.

What’s stopping you from recycling those unneeded things? It’s probably uncertainty. How can you really know how much gold is inside each of the old cell phones that your electronics company has taken back in trades, for example? You can’t tell by looking. And how can you know much gold can be extracted from the used sputtering targets that you’ve taken off your production line?

If you’re feeling that uncertainty, you’re probably feeling some anxiety too. Sure, you could send those old cellphones or circuit boards to just any precious metal recycling company you find online, but how can you be sure that company will pay you for the gold that those items really contain – and pay you a fair price? How can you be sure that you’re not about to be ripped off?

Three Steps to Finding a Reputable Gold Refining Company that Pays You What You Deserve

Well, there are ways. Here are some steps that can safeguard you . . .

  • Step One – Check out the company’s reputation. Before you send in any items that could potentially contain gold, ask to speak with one or two of the companies that the recycling company serves. Ask those client companies about the refiner’s expertise, honesty, and speed in paying. Note that although many companies display customer testimonials on their websites, those quotes have been carefully selected for inclusion. So speak with some of the refiner’s clients instead.
  • Step Two – Send in only a few items for testing and evaluation.  For example, if you’re an automobile dealer with hundreds of airbags that were removed from cars because of a recall, don’t send them all to a refiner and hope for the best. Send in just one and listen to what the company has to say before sending in everything that you have. Also: Consider sending the same kind of samples to several refiners/recyclers to see which is offering you the highest value.
  • Step Three – Do business with a company that bases its value on current metal prices that you can verify independently. We do this at Specialty Metals Smelters and Refiners, for example. You can always visit our home page to see the current market price for gold. It’s an open, verifiable process, because you’ll know exactly how much gold is contained in each item that you’re recycling and know the current market price too.

Don’t let uncertainty or anxiety keep you from extracting the gold from components and materials that you have on hand. Specialty Metals Smelters and Refiners has been the top choice of businesses and individuals in the US for secondary refining for over 30 years. We invite you to call us today at 800-426-2344 to learn more.

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