We haven’t written about drones on this blog for several years. In the time since, some things have stayed the same in the world of drones, and some things haven’t.Read More
Last year, we visited the remarkable rare book collection at Saint Bonaventure University in Olean, New York. During that visit, we were privileged to get a close look at some extremely rare old books and manuscripts.Read More
Only a decade ago, film photography seemed to be dying as more and more photographers turned in their old film cameras and went digital. Then about five years ago, people started to set aside their digital cameras as they took more and more of their snapshots on phones.Read More
If you have ever donated a car to a charity, you know the routine. You call to schedule a time when your car will be picked up. A flatbed truck arrives, the driver writes out a receipt, and your old car gets hauled away. A little while later, you get a receipt from the charity that took your car. That receipt should provide a value for the car you donated, which should be what the charity sold the car for.Read More
We Will Be Here Tomorrow . . . Be sure to entrust your precious metals to us
We learned that Republic Metals Corporation filed for Chapter 11 Bankruptcy protection on November 2nd. Republic, one of the largest gold and silver refineries in the United States, was one of our competitors.Read More
Have you heard that half of all marriages end in divorce? If you do a little research online, you will learn that statistic is not true. It seems that in about 1980, the divorce rate hit an all-time high of 40%, and is be declining today. That could be because more young people are skipping marriage - and if you don’t get married, how can you get divorced?Read More
We watched the royal wedding. Did you?
And while we were caught up in the wonderful spectacle of two young people starting their married life together, we couldn’t help noticing that a lot of jewelry was on display too. (We assume that most of the gold and gemstones we saw were the real thing, given the wealth of the celebrities in attendance and the serious nature of the event.)Read More
For today’s post, we’d like to put on our science fiction glasses and think about what the world could look like in year 2050. We admit that it is unlikely that all the following conditions will have arisen by then, but let’s consider them anyway . . .Read More
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.Read More
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.Read More
“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...Read More
Twenty-five years ago, few people could have predicted that people would be using drones to prospect for gold and other precious metals. In today’s post, let’s put on our thinking caps and predict how tech-savvy treasure-seekers will be looking for gold and other precious metals in the years ahead.Read More
BMW, General Motors, and all major car makers are marketing electric and hybrid cars that use batteries. Tesla and Panasonic are selling back-up batteries for use in homes and commercial buildings. We are entering the age of the battery. Does that increasing battery production mean that this is a great time to start buying up scrapped batteries and recycling them? The answers to that question are surprising. Here are some things you need to know...Read More
If you called a precious metals refinery for an over-the-phone appraisal, you would be pretty excited to hear the words, “Your scrap could be worth an awful lot of money.” And you should be happy. The problem is, those words could lure you into one of the precious metal scams that are happening today.Read More
When you send us old catalytic converters, sputtering targets, dental scrap or other items to be processed, we recover precious metals from them that were mined from the earth years ago. Those same metals will then be reused in new applications that can include jewelry making, medical technologies, electronics manufacturing, and many more. What could be more efficient?Read More
We have reached a tipping point where tremendous numbers of products that contain precious metals are being discarded or recycled. If you are an alert investor or speculator, you can buy quantities of them at rock-bottom prices, recycle them, and earn a big return on your investment. Some of these products include...Read More
I recently overheard a young woman say, “My fiancé and I are planning to buy wedding rings that are made of eco-gold.”
That got me headed to my computer quickly so I could investigate. I quickly discovered eco-gold and ethical gold, two kinds of gold that have certain similarities. I also discovered that the gold recycling that is done at Specialty Metals Smelters and Refiners has a lot to do with both kinds. Let’s take a closer look.
This term seems to be a modern, environmentally informed way of defining gold that contains a high percentage of recycled gold. One example? Jewelry that is manufactured using gold that we have reclaimed at Specialty Metals Smelters and Refiners. People are attracted to the idea of eco-gold for some very valid reasons:
- Mining gold is hard on the environment and recycled eco-gold is kinder to the earth, air and carbon consumption
- Reusing gold is a more efficient and respectful use of natural resources than mining is
- In addition, many people seem to like the idea of wearing gold jewelry that is made of recycled old gold that once belonged to other people. To them, it adds to the richness and appeal of owning gold jewelry.
Ethical gold is the metallic equivalent of diamonds that have been mined responsibly. Like them, ethical gold must be . . .
- Mined without the use of child laborers
- Mined accordance with local environmental laws and labor standards
- Delivered with a “traceable” history that shows that it has been mined and transported legally
- Produced in countries that have responsible governments that are not engaged in persecution of citizens, genocide, or other unacceptable practices
What Are the Opposites of Eco-Gold and Ethical Gold?
I discovered that people who like eco- and ethical gold have coined another term, “dirty gold,” that defines gold that has been produced in ways that do not meet their environmental or ethical requirements.
Doing Business with Specialty Metals Smelters & Refiners
So, what does this all mean if you recycle gold with us at Specialty Metals Smelters and Refiners? For one thing, you will be doing the right thing by recycling your gold with us, because every ounce of gold that we recycle and refine here is an ounce of gold that does not need to be extracted from the ground. From an ethical perspective, we have a long history of adhering to highest ethical and environmental standards.
We also believe that the demand for eco-gold and ethical gold can only be good for our industry in the long term. Doing things responsibly is best for everyone who works in the metals industries.
On Earth Day, Let’s Agree to Recycle Metals Responsibly
The Mystery and Mastery of Gold Refining
As Gold Supplies Dwindle, Demand for Recyclable Gold Will Remain High
How the “Romance Factor” Can Distort the Perceived Value of Gold
If you’ve been reading this blog, you already know a lot about recyclable precious metals and where they can be found.
We’re going to give you some more valuable information today, in a list of precious metal alloys. You might want to print out a copy for your files or bookmark it on your browser, because it can help you find and understand valuable alloys.
Argentium Sterling Silver
This alloy of sterling silver and germanium, popular in jewelry, answers the need for a lustrous sterling-silver alloy that resists tarnishing. It is about 90% pure silver.
Since Roman times, billon has been used to mint coins and medals that look like silver, but which contain copper and other base metals. Billon coins, commemorative medals and other items contain small quantities of silver and are generally not worth recycling.
This is an alloy of silver and copper that got its name nearly 300 years ago, when the British government attempted to set up standards for silver that could be used by silversmiths. It generally contains about 90% silver, but that percentage can only be accurately determined by a qualified precious metals recycling company.
Pink, Rose, Yellow and other Colored Golds
These tinted golds are alloys that have been created by combining 24K gold with silver, rhodium, nickel, and other metals. The value of these metals can be determined after testing by Specialty Metals Smelters and Refiners.
Electrum is an interesting alloy of gold, silver and copper that occurs naturally in nature. It has been mined and used in coins since ancient times. It can contain as much as 70% pure gold, but that percentage varies. If you come into possession of ancient coins, some of them could be made of this alloy.
Mokume Gane, which has gotten to be something of a craze among people who are shopping for wedding rings, isn’t an alloy per se, but a striated metal that is made up of thin laminated layers of gold, silver, platinum, and other metals. When it is twisted and formed by a jeweler, beautiful and unusual surfaces are created. How much gold and other precious metals does Mokume Gane contain? It depends completely on the way the laminate was created and what it contains.
Platinaire is a patented alloy used in jewelry. It contains 92.5% silver, 5% platinum and 2.5% base metals. It is often made from recycled silver and platinum.
As we explored in an earlier post on this blog, alloys of platinum and rhodium are widely used in lab testing equipment, thermocouples, and other applications. And don’t forget that platinum and rhodium are often found side-by-side in catalytic converters.
Platinum sterling, like Platinaire, is an alloy of silver and platinum that is used to make jewelry. It is made of about 92.5% sterling silver, amounts of platinum that can vary from between 3% to 5%, and quantities of gallium and base metals.
Just as the name implies, this is an alloy of titanium and gold, most commonly used in jewelry and dental applications. The percentages of gold and titanium can vary widely, according to the application.
Find Out What Your Precious Metal Alloys Are Worth
Remember, a qualified precious metals refinery like Specialty Metals Smelters and Refiners can test your holdings of these alloys and quickly determine their value. Give us a call at 800-426-2344 or fill out our contact form today.
What You Need to Know about Recycling Alloys of Precious Metals
Are White, Pink, and other Golds Worth Less than Yellow Gold?
Platinum Sterling: What You Need to Know about this Precious Alloy
Some Fascinating – and Potentially Profitable – Facts You Never Knew about Refining Gold