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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Don’t Let Precious Silver and Gold Go Down the Drain

If you are in the process of dismantling or selling a manufacturing company, you owe it to yourself and to your bottom line to be sure that you are not overlooking silver and gold that are literally hiding “down the drain” in pipes and other places that you can’t see.

As this photo shows, precious metals can get washed down the drain in many manufacturing processes. They can be reclaimed with the help of a leading gold and silver refinery like Specialty Metals.

Here is some information you should know that could put money in your pocket.

Where can gold and silver be hiding?

It is not uncommon to find them . . .

  • Adhering to the sides of plating and processing tanks
  • Lining the pipes that connect tanks and other pieces of equipment
  • Hiding in screens, filters, mesh, drains and drain traps
  • Clumping in sludge
  • Piling up in quantities of shavings or dust

In those places, gold can often be detected by the naked eye – it does not tarnish and is often easy to spot. Silver, however, may look like a dull black powder. It takes a qualified silver refinery like us to test a sample of what you have to determine its true value.

What manufacturing companies are good places to look for gold?

Some businesses come to mind quickly, others are less obvious . . .

What manufacturing companies are good places to look for silver?

You can find quantities of silver in . . .

  • Plating companies
  • Manufacturers of trophies and commemorative items
  • Photo processing companies and x-ray and imaging laboratories (silver is found down the drain under processing tanks, in processing chemicals, in film, and in photosensitive papers)
  • Manufacturers, dismantlers, and installers of solar panels

Call Us for a Complimentary Consultation

We are here to answer all your questions about gold and silver. Call us at 800-426-2344 for a complimentary consultation.

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How to Get Big Dollars from Your Small Quantities of Gold Scrap

With gold now trading in the range of about $1,300 per troy ounce on the London Fix, you might be thinking that this would be a good time to hold onto your reserves of gold scrap and wait for prices to rise.

Photo of gold dollar signs that symbolizes how you can get big dollars from small quantities of gold scrap at Specialty Metals Smelters & Refiners.

You could do that, of course. But sending your gold-plated items and gold scrap to a qualified gold refinery could be a good strategy today too, depending on your company’s current financial needs, the quantity of gold you have on hand, and other variables. It’s a business decision for you to make, of course. But here is some information that could help you make that decision in a more informed way.

Certain Items of Gold Scrap Contain Larger Quantities of Gold than You Might Expect

These forms of gold scrap contain more than trace amounts of gold. If you have even a small quantity of them on hand, they could provide you with a good infusion of cash . . .

  • Dental scrap. This includes bridges, bridgework, crowns, bars, inlays, clasps, and even grindings, which are small quantities of gold dust that result when gold-containing dental appliances are cut.
  • Quantities of gold-filled eyeglass frames. If they were made more than 30 years ago – back in the days when eyeglass frames were supposed to be refitted with new lenses, not tossed – they could contain much more gold than newer thin-plated frames do.
  • Quantities of gold-plated decorative items. People have discovered significant quantities of valuable gold in gold-plated chandeliers, candelabras, doorknobs, automobile trim pieces, and even plumbing fixtures. If it glimmers like gold, it could be worth more than you suspect. It’s worth sending to us for analysis.
  • Gold-bearing microchips, printed circuit boards, and older electronic components. Older items, such as the big fat central processing units (CPUs) from older desktop computers can contain more recyclable gold than you expect – sometimes as much as $3.00 worth of gold for each CPU that you recycle. And even newer printed circuit board that are found in cellphones, laptops and tablet computers can contain quantities of gold with value that can really add up.

Want to Know More about Recycling Gold and Gold Scrap?

We are here to answer your questions with no pressure from us . . . and no obligation on your part. Why not call us at 800-426-2344 to learn more?

Related Posts:

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Gold Refining of Dental Scrap: A Profitable Look at Yesterday and Today
Ask a Gold Refinery - What’s the Difference between Gold-Plated and Gold-Filled Eyeglass Frames?

The Mystery and Mastery of Gold Refining

Gold has a richer and more fascinating lore than any other precious metal does. In legend, King Midas turned objects into gold, just by touching them. In medieval times, alchemists attempted to turn base metals into gold. The Spaniards invaded Latin America, and destroyed several civilizations, just to obtain it. In ancient Sumeria, Greece and Egypt, royals were adorned with gold jewelry when they were buried. The composer Richard Wagner wrote his four “Ring” operas about gold that was stolen from the Rhine River. J. R. R. Tolkien wrote novels about a magical golden ring. And then there’s the fact that when modern people want to marry or celebrate their love for each other, they do so by exchanging gold rings.

17th Century engraving showing the process of smelting and refining gold. We’ve come a long way since then at Specialty Metals!

17th Century engraving showing the process of smelting and refining gold. We’ve come a long way since then at Specialty Metals!

Surprising Facts about Gold

If you’d enjoy learning more about gold, visit “Gold Fun Facts,” a page that was created by the American Museum of Natural History in New York. Here’s a sample of some of the information you will find there:

  • The total amount of gold ever mined is estimated to be only 152,000 metric tons. That’s only enough to fill 60 tractor trailers. Every year, 907 million metric tons of iron are mined - 6,000 times the total amount of gold produced throughout all of history.
  • More than 90% of the world’s refined gold has been mined since 1848. (Remember the Gold Rush?)
  • 78% of the gold that is mined every year is made into jewelry. Another 12% is used in electronics, medical applications, and dental work. The remaining 10% is used in financial transactions.
  • Gold is so malleable that one ounce can be beaten into a sheet that measures 100 square feet.
  • The "Hand of Faith," a 60-pound gold nugget, is currently on display in the Golden Nugget Casino in Las Vegas. It was discovered in Victoria, Australia, in 1980.

Time to Create a Legend of Your Own?

If you have items on hand that contain quantities of gold, why not contact a top gold refinery like Specialty Metals Smelters and Refiners to find out what it is worth and claim its hidden value? Call us at 800-426-2344.

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Gold Refining of Dental Scrap: A Profitable Look at Yesterday and Today

A timeline of dental history published online by the American Dental Association offers a fascinating overview of how gold has been used by dentists for nearly 2,000 years. Some highlights? As long ago as 200 A.D., the Etruscans were making gold crowns and bridgework. Then in 1530, a German book called the Artzney Buchlein offered instruction on placing gold fillings. (Barbers were doing double-duty as dentists in those days - ouch!) In 1746, a Frenchman named Claude Mouton devised a way to insert a gold post and crown into a root canal. And in 1855, a physician named Robert Arthur invented a way to insert gold foil into a cavity before completing a filling.

Photo of gold crowns dental scrap, which can contain gold, platinum, palladium and silver and can be recycled and refined by Specialty Metals.

The Dwindling Use of Gold in Modern Dentistry

Now that more modern materials are replacing gold in common dental procedures, it might be tempting to think that dentists and dental labs should set aside the idea of hunting around for gold dental scrap to be recycled by a qualified gold refinery.

That’s not necessarily so, for several reasons. One is that many patients who have reached the age of 60 or older are now in the process of getting older gold-containing bridges, crowns, fillings, and other dental work replaced. There’s another reason too. In many parts of the world like Asia, Eastern Europe, Africa and the Caribbean, gold is still in widespread use in dental work. When people from those areas move to the United States and receive our modern dental care, their older gold fillings, caps, and other materials may no longer be needed.

What Kind of Gold Dental Materials Can You Profitably Recycle?

By now you may be wondering what kind of gold dental scrap you could recycle profitably? Here at Specialty Metals Smelting and Refining, we are pleased to accept and recycle gold dental scrap materials, including:

  • Bars
  • Bridges
  • Bridgework
  • Clasps
  • Clippings
  • Crowns
  • Dental grindings
  • Fillings
  • Inlays

With gold now trading for over $1,300.00/troy ounce on the London Fix, it is worth recycling even a small quantity of gold. Call us at 800-426-2344 to find out how much profit you can “extract” from your dental scrap.

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