We have often written on this blog about places where you can acquire precious metal scrap for pennies on the dollar. Today we would like to offer advice on a higher level, by telling you about some places where you can get precious metal scrap for free.Read More
Jewelry makers use lots of different ways to indicate the purity of the metal that they use in their products. They stamp certain pieces of jewelry as 24K gold, 18K gold, Sterling Silver, and in lots of other ways. And just as soon as you think you have started to understand what all the different terminology means, along comes this term, and you wonder what the heck it is . . .Read More
If you go to your local bookstore and say, “I am looking for a book that will tell me everything I need to know about investing in platinum scrap,” the salesperson will probably respond with a shrug or a blank stare.
You see, there aren’t any books that can tell you what you need to know about making money recycling platinum scrap. But that’s okay, because we have covered everything you need to know right here on the Specialty Metals Smelters and Refiners Blog.Read More
Have you heard about the new alloy of platinum and gold that is said to be the most indestructible metal ever made . . . one that is as hard as diamonds and virtually abrasion-proof? We have heard about it too. It sounds like a hoax. After all, gold is a very soft metal. Platinum can easily be scratched, as owners of platinum engagement rings have discovered. So how can it be that combining these two not-so-durable metals could result in a super-metal that is virtually indestructible?Read More
With platinum trading on the London Fix for $831 per ounce, it’s no wonder that precious metal investors look to platinum as a top investment today. Its trading price falls about halfway between the current Fix price of only $17.25 for an ounce of silver, and $1510.80 for an ounce of gold. Plus, traders realize that although platinum is rarer than gold and certainly a lot rarer than silver, many kinds of platinum scrap are not too difficult to find. They know that if they can buy platinum scrap at pennies on the dollar, which is often possible, they can send it to us for testing and recycling and profit handsomely on their investment.Read More
“Why Thermocouples Could Be the Smartest Precious Metal Investments Today,” a post on this blog on July 19th, 2019, explained why investing in scrapped thermocouples is a very smart move for precious metal investors today.
In today’s post we would like to examine in more depth a question that we only touched on in that earlier post. Let’s explore it some more!Read More
If you work in an industry that uses industrial catalysts, you probably know what they are and what precious metals yours contain.
What you might not know, however, is that the catalysts that have lived out their life in your factory could still contain significant amounts of precious metals like gold, silver and even platinum that are well worth recycling. If you are not sure how much precious metal could be reclaimed by having them recycled by a precious metals refinery like Specialty Metals Smelters and Refiners, we urge you to call our consultants today at 800-426-2344. We are here to offer advice and testing on your used catalysts. In just a few minutes on the phone with us, you could discover that you are sitting on precious metals that could be worth a lot of money.Read More
Do you like to buy silver, gold, platinum and rhodium bullion bars and coins?
If you do, you are making a prudent investment choice for these reasons . . .
You know exactly what you are buying, because they are precisely measured, and issued by governments and reliable companies that are generally trustworthy.
You can gauge whether your bars and coins are fairly priced, because you can compare their weight to current trading prices. (Note, however, that in most cases bullion bars and coins are sold at prices that are slightly higher than current trading prices.)
They are convenient investments – easy to buy. Plus, they are packaged in sealed plastic containers that protect them, and which can be easily stored in safety deposit boxes, safes and other secure locations.
You are all but assured that the precious metals they contain are pure.
You can enjoy volume discounts, because many dealers will reduce the price per unit if you buy 10, 20, 50 or more at one time.
Okay, those are good reasons. But do they mean that you are making the most profitable investment possible in precious metals if you buy bars and coins? We’ll return to that question in a minute. But first, let’s consider a different question.Read More
If you are a regular reader of our blog, you have noticed that we have written many posts about thermocouples in the past. Hopefully, you’ve been gleaning information about what thermocouples are and how you can profit from the platinum, rhodium, silver and other precious metals they contain.Read More
In the classic movie The Graduate, a man takes a recent college graduate aside and says to him, “I have one word to say to you . . . PLASTICS!”
That is a famous scene, and we have some similar advice for you. If you want to profit richly from investing in precious metals, “We have just one word to say to you . . . PLATINUM!”Read More
There are many reasons to avoid buying stolen items of jewelry. One practical reason is that if you do buy items that were stolen, they could be confiscated by law enforcement agencies. Another, more important reason is that even if you buy “hot” items without knowing they were stolen, you are supporting a number of criminal gangs that engaged in violent crimes. Even if you buy those items from pawn shops or legitimate jewelers and have no idea that you are trading in stolen goods, you are contributing to a form of crime that is big and getting bigger.Read More
We have written on this blog in the past about stoves, furnaces, space heaters and other “hot” places you can find platinum thermocouple wire that we can recycle for you in our precious metal refinery.
But what about cold places? Don’t air conditioners contain thermocouple wire that we can process for you? Yes, they do. But before we delve into that subject, let’s consider the fundamental difference between devices that generate heat and devices that cool things off . . .Read More
You have probably heard the news that catalytic converters are disappearing now that electric cars are increasing in number on America’s roads.
That’s true. But the fact is that there are still plenty of new “standard” cars that are powered by either gasoline or diesel fuel, and those models still have catalytic converters.Read More
Let’s start today’s post with a riddle for you to answer . . .
What looks like spaghetti but is made of platinum, tungsten, gold and other precious metals?
We are willing to bet we didn’t fool you with that one. The answer to the riddle is thermocouple wire.Read More
Do you know any couples who have gotten engaged recently? If you do, chances are good that their engagement rings were made of platinum, not gold. Perhaps even more than the size of the diamond, the beauty of the platinum that was used to make the ring is what is attracting attention today.Read More
“How to Eliminate the Middleman and Make More Money from Your Used Catalytic Converters” is one of the most popular posts we published on this blog. Although we published it back in 2014, the advice it contains is still relevant today, and we urge you to read it.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