How Much Money Can You Make Recycling Jewelers’ Supplies?

How Much Money Can You Make Recycling Jewelers’ Supplies?

“My grandfather was a master jeweler and jewelry repairman,” a caller told us recently. “Unfortunately, he recently passed away, and now we have the job of emptying his workshop. Can you give me some advice on what we should be looking for?”

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How to Calculate the Value of Big Batches of Jewelry Supplies

How to Calculate the Value of Big Batches of Jewelry Supplies

Not long ago, we had a call from a man who had bought a box of 16 rolls of gold-plated jewelry chain at an auction where the assets of a closed jewelry manufacturer were being sold to the public. “I weighed the box,” he told us, “it weighs about 12 pounds . . . so what is it worth?”

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Precious Metals Building Profile

Precious Metals Building Profile

If you are a regular reader of our blog, you know that we like to offer advice on where to find platinum, silver and gold scrap in old factories. So we thought it would be interesting and informative to profile one such building - the old Tiffany manufacturing facility in Newark, New Jersey, that has now been converted to residential apartments. It is located at 90 Tiffany Boulevard - where else could it be?

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Amazing Things Magicians Believe about Precious Metals

Amazing Things Magicians Believe about Precious Metals

Abracadabra! 

Back in medieval times, alchemists tried to convert silver and base metals into gold. At the same time, magicians tried to use gold to help their clients ward off evil, attract love, or cure various diseases.

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Titanium Gains Popularity in the Jewelry Market

Titanium Gains Popularity in the Jewelry Market

Over the years titanium has been used mostly in aerospace and industrial applications, and with good reason. Titanium is nearly as hard as steel, but it weighs much less. It is extremely resistant to corrosion and wear. It resists deformation -  you are going to have to jump up and down pretty hard on a titanium ring or pipe to get it to flatten.

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How to Develop Your Precious Metals “Sixth Sense”

How to Develop Your Precious Metals “Sixth Sense”

We recently spent a few hours in the company of an expert jeweler, looking through a batch of old jewelry scrap. It was amazing to watch him work. He seemed to have a kind of sixth sense about what he was looking at. He picked up a small chain and said, “This is solid gold.” Then he looked at an old watch and said, “The case is gold plated, not worth much.” Then he looked at a ring and said that although it looked like platinum, it was base metal that had a thin level of chrome or other bright-metal plating applied to it. Again, not worth more than a few cents.

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Four Questions to Ask Before You Have Your Coins Made into Rings

Four Questions to Ask Before You Have Your Coins Made into Rings

Do you have a quarter, a silver dollar or another coin that you would like to have made into a ring?

If so, you can quickly find a company that will refashion your coin into a ring, just by searching online. It seems that lots of people are starting businesses that do it.

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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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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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Be on the Lookout for Commemorative and Class Rings

Be on the Lookout for Commemorative and Class Rings

On our blog today, we're featuring a fantastic video that shows all the work that a company called Baron Rings put into designing and manufacturing the championship rings that were awarded to the 2016 Cleveland Cavaliers. It is inspiring to see a company create something so beautiful. The video reminds us of two important considerations about reclaiming precious metals from older commemorative and class rings…

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Where to Find Platinum Wire in Strange Places

Where to Find Platinum Wire in Strange Places

Platinum wire can turn up just about anywhere where platinum was used in manufacturing. Even though it doesn’t look valuable to the casual observer, it could be. So, if you find bright, shiny white wire... 

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Eliminate the Middleman and Make More Money Recycling Platinum Scrap

Eliminate the Middleman and Make More Money Recycling Platinum Scrap

Did you know you can search for the term “platinum scrap” on eBay and find mixed platinum scrap for sale? I just tried it, and I found a bag of floor sweepings, said to contain platinum, that I could buy for $500. I found plenty of other items that were said to contain platinum too, including hard disk blanks, catalytic converters, bags of mixed jewelry findings and scrap, and old laboratory testing crucibles. So, could I buy those items, send them to Specialty Metals Smelters and Refiners to be recycled, and make a healthy profit? It’s possible. Yet the chances of it happening are probably slim, because…

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You Just Found Something Made of Argentium... What Is It?

You Just Found Something Made of Argentium... What Is It?

Let’s say that in your hunting for valuable items made of precious metals, you come across something made of “Argentium.” It could be a bracelet or other piece of jewelry in its original box with paperwork that says it’s made of Argentium. Or maybe a salesman at a jewelry store or estate sale winks at you and says, “This piece is extra valuable because it’s better than sterling... it’s Argentium!” It’s bright and white and shiny like silver... but what is it?

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How to Eliminate the Middle Man and Get Top Dollar for Your Silver Scrap

How to Eliminate the Middle Man and Get Top Dollar for Your Silver Scrap

Silver scrap is a unique item in the world of recycling. In most cases, it isn’t found in a neat shiny bar or piece that a refiner can weigh and then say, “This is half a gram, and it is worth X number of dollars.” In most cases, silver scrap comes in forms like these...

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How to Profit Today from Hidden Deposits of Precious Metals in Factories

How to Profit Today from Hidden Deposits of Precious Metals in Factories

We would like to tell you a story that illustrates the fact that you could make a lot of money, simply by recycling quantities of gold, silver and platinum that could be hiding in plain sight in companies that manufacture or repair jewelry, dental appliances, silverware, or other common products. 

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Why Burning Scrap Materials Reclaims the Precious Metals They Contain

Why Burning Scrap Materials Reclaims the Precious Metals They Contain

You could try to perform those operations yourself by burning old electronic components or other metal-bearing materials at home or – preferably – in an outdoor setting where poisonous fumes are released into the air. But we cannot state strongly enough that by doing so, you can poison yourself and release noxious gases into the atmosphere. 

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Profiteering Alert: Is Jewelry Scrap the Most Common Source of Karat Gold?

Profiteering Alert: Is Jewelry Scrap the Most Common Source of Karat Gold?

We’re going to crawl out on a limb today and state our opinion that karat gold jewelry scrap is probably the biggest and best source of recyclable gold. Why do we think that? Because you don’t have to go panning in the Yukon to find jewelry scrap or (in most cases) hike around fields with a metal detector. Karat jewelry gold scrap is a lot easier to find than that, as the following stories illustrate. 

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Recycling Precious Metals – It’s Time You Found Out about Findings

Recycling Precious Metals – It’s Time You Found Out about Findings

Findings are small, pre-manufactured metal items that are used in jewelry production. Chances are pretty good that as you read this post, some of them are right there in the room with you. If you bought a nice silver chain to give your niece for a present, for example, open the box and take a look at it. You’ll see that there is a small ring attached to one end, and some kind of clasp to the other. Those add-on pieces are findings. 

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