What Does a Precious Metal Refinery Do?

You might think you know what a precious metal refinery can do for you. It can extract a precious metal from different kinds of scrap, correct?

By and large, that is true. But it is not as simple as that. Let’s explore.

A Precious Metal Refinery Tests the Scrap You Own

It runs tests on your scrap, issues you a report of all the metals your scrap contains and gives you an estimate of the total value of what you have.

By the way, most people need the services of an expert refinery like Specialty Metals Smelters and Refiners to perform these tests correctly. That “We Buy Gold” shop you pass on the highway will not have the equipment or expertise to tell you exactly what you have. As a result,  you might not get the full value of the precious metals your scrap or other holdings contain.

A Precious Metal Refinery Applies the Latest, Eco-Friendly Techniques to Extract the Precious Metals that Your Scrap Contains

Note that certain kinds of precious metal investments, like karat gold coins and bullion, require very little processing. Other materials that are classified as “scrap” require more complex processing. A pile of thermocouples that contain platinum, copper, silver and other materials are an example. So is a ton of dirt that contains gold shavings.

But the net is, you should be working with a precious metal refinery that knows exactly how to extract the gold, silver and platinum from any kind of scrap – including the kind of scrap that you own.

A Precious Metal Refinery Is Honest

That might sound obvious. But you have to remember that precious metal scrap is usually complex. A lump of metal can contain a number of metals that you cannot differentiate with the naked eye. You need a refinery that has been doing business honestly for years, that has customer reviews you can read online, and that belongs to organizations that monitor and attest to its way of doing business.

A Precious Metal Refinery Explains What You Have to Do and Makes Things Simple

Often, the instructions are as simple as, “Wrap your material according to these instructions, place it in a mailer and send it to us, using this kind of mailer. Also, insure it.”

Instructions like those are simple. But unless someone explains them to you, how will you know what to do?

A Precious Metal Refinery Pays You the Current Market Value of Your Precious Metals

How will you be paid? When? You deserve to know, so get these details in writing.

Make It Simple . . . Call Specialty Metals Smelters and Refiners

Make a list of questions, then give us a call at 800-426-2344. Any question you have, we have heard it before. Our experts will work for you and you will feel empowered to make the best decision to get the maximum value from your scrap or other precious metal holdings.

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Ask These Questions to Be Sure Your Precious Metal Buyer Is Paying You Full Value