It has been a few months since we wrote about palladium on this blog. And it is time to write about it again. Why? Because palladium trading prices are rising steadily. That’s another way of saying that if you acquired some palladium scrap or bullion a few years ago and simply held onto it, you would be making a nice profit on it today.Read More
People confuse palladium and platinum. Both metals are white, lustrous, tarnish-resistant . . . and rare. But if you compare the prices of palladium and platinum jewelry, you will notice immediately that a piece of palladium jewelry sells for about one-third more than a similar piece of platinum jewelry, even though both items weigh about the same.Read More
It’s been a while since we wrote about palladium on our blog. Since we last wrote about this precious metal two years ago, its trading price has risen from about $700 to $800 on the London fix. That’s reason enough to revisit the topic of palladium. And because it is still very feasible to realize a good return from acquiring and recycling this often-overlooked precious metal, we are providing an overview of the basics in today’s blog post.Read More
We’ve written before on this blog about how to make money recycling gold class rings. Today, let’s take a look at how you can profitably recycle older class rings that contain palladium and platinum.Read More
Chances are that you only find small quantities of the valuable secondary platinum group metals (palladium, rhodium, ruthenium, iridium, and osmium) hiding in recyclable items that you think are made only of platinum. How can you tell if these rarer metals are present?Read More
Have you inherited palladium bullion or coins or bought them as an investment? If you have been thinking about cashing them in, here is some information you should know from Specialty Metals Smelters and Refiners.
The Market for All Precious Metals Could Be Stronger Soon
Yes, prices have been soft in the last year. But it is wise to stay cued into fluctuations in market pricing so that you will be ready to sell your palladium at the right time. Be sure to monitor current metal prices, updated daily on our home page.
Palladium Bullion and Coins Do Not Require Complex Refining or Processing
Unlike alloys that contain precious metals, they do not need to be refined before they return their dollar value. They are pure palladium and can either be sold as they are or melted into new bars or ingots.
Specialty Metals Smelters and Refiners Will Buy the Following Items
We will consider buying your palladium bullion coins, bars, and commercially made ingots that include Canadian Maples, Australian Koalas and Emus, Chinese Pandas, and Russian Ballerinas. In addition, we will purchase palladium bullion manufactured by Credit Suisse, Degussa, Engelhard, Heraeus, Johnson Matthey, and others.
We Refine and Recycle other forms of Palladium Too
In addition to palladium coins, bars and ingots, we are also interested in palladium alloys, palladium catalyst, palladium jewelry, palladium-plated items of all kinds, palladium resins, palladium sponges, and palladium wire. We are leading precious metals recyclers, so call us at 800-426-2344 to learn more.
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If you have a quantity of metal that is an alloy that contains precious metal, it’s valuable. That’s the good news. The confusing part is, how much of that precious metal do your alloys really contain? Gold, platinum, palladium and silver are all frequently found as alloys with a variety of other metals. You should call Specialty Metals Smelters and Refiners and let us analyze them for you.
Here is some information you should know about alloys.
Alloys Are Not Always Made Entirely of Metals
A metal alloy is a material that is made by combining two or more elements, only one of which must be a metal. Sometimes an alloy is made of two or more metals, but not always. For example, 18K gold is an alloy that contains 75% gold and 25% percent palladium, copper, zinc… or cobalt. As you can tell, 18K gold that is made of 75% gold and 25% palladium is more valuable than 18K gold that is made of 75% gold and 25% copper or cobalt. It makes sense, right?
Names Can Be Misleading
Similarly, a platinum alloy could be made up of platinum that has been combined with iridium, ruthenium . . . or cobalt. If you have a quantity of platinum thermocouples that you would like to recycle, for example, they probably contain both platinum and rhodium. So remember, names can be confusing – just because you have some “platinum thermocouples,” they are almost certainly alloys that do not contain 100% platinum.
Testing and Analysis Are Needed
As we’ve learned in today’s post, the dollar value of precious metal alloys can vary, depending on the quantity of pure precious metals that they contain. You need a qualified precious metals refinery to do some analysis for you before you can determine just how valuable your alloys really are.
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