GOLD REFINING

Precious Metal Refiners

Thank you for choosing G&S Metals as your precious metal refiners for your gold refining. Your confidence in our honesty and integrity speaks for itself. We continue to strive to meet your expectations and ours.

Refining 24 hour turn around
must be a minimum of 50 dwt or 80 gms

Precious Metal Refiners

What We Refine	What We Do Not Refine
Carpet	Computer Parts
Dental Gold	Cyanide Stripping
Floor Sweeps	Cadmium
Good Gold-Filled	Dental Amalgam
Karat Gold Solids	Gold Plated Scrap
Good Gold Filled	Mercury
Karat Gold Filings & Bench Sweeps	Plating Solutions
Platinum	Silver Nitrate
Argentium Silver	Watch Bands
Gold Coins	Electrical Contacts
Gold Bars	X-Ray Film
Silver Coins
Silver Bars
Karat Gold with stones
Silver
Polishings & Filters
Watch Batteries (oxide only)*

Silver Scrap	Buy	Credit Account
Argentium Silver Solids	90% of Ag	90% of Ag
Sterling Silver Solids	90% of Ag	90% of Ag
Fine Silver Solids	90% of Ag	90% of Ag
Filings	70% of Ag	80% of Ag
Silver Bars / Silver Coins	92% of Ag	92% of Ag

Platinum Scrap	Buy	Credit Account
Platinum Solids	90% of PT	90% of PT
Platinum Filings	70% of PT	70% of PT

When to Refine
Timing of your refining can be crucial to your profitability. Refining too often with too little scrap can be costly. We recommend that you have at least 50 dwt's of solids, 50 dwt's of filings and 100 LBS. of polishings. We do not require a minimum, however. Refining too infrequently hoping that metal prices will escalate could be disappointing. It all depends on your business and the amount of scrap you generate. Most shops find a rhythm for their refining which proves most profitable for them.

Packaging Your Scrap for Shipment

Double plastic bag and seal your material securely.
Place into a secure box along with your identification (please include your customer ID #).
Use G&S Metals’ pre-labeled containers (free for the asking).
Ship via Registered or Insured mail to ship to G&S, P.O. Box 1432,
Ann Arbor, MI 48106.
Insure for the estimated value.

INSURE FOR ESTIMATED VALUE
To estimate the value of your scrap requires various formulas depending on the Karat, weight and gold price.

Example: 100 dwt's or 155.5 grams of 14K scrap
100 dwt x .58% = 58 dwt - divide by 20 = 2.9 T.O. of 24K x AU price ($800) = $2,320 = your estimated value for insurance purposes.

Filings would use the same formula and on an average yield 33%, therefore you would use .33 for your multiplier.

Processing Schedule

Clean material takes 24 hours.
Filings and bench sweeps takes 5-7 working days.
Platinum & Palladium assays take 7-10 working days.
Polishings (filters, emery, etc.) takes 12-14 working days.
Karat scrap for stone removal takes 14-20 working days.

Separating Your Scrap for Refining

Metal separation is to your advantage. Use the following as a guide.

Karat Filings: This group includes filings, grindings and snips. For quicker processing, keep excessive wax materials out of your scrap.
Karat Solids: All karats and colors of gold may be combined for gold refining.
Dental Gold: Combine with solids.
Polishings and Sweeps: This includes emery, floor sweeps, filters and paper towels.
Platinum: All scrap containing platinum.
Silver: Silver scrap may include Argentium, Sterling Silver and Fine Silver and should be kept separate from other metals. Any combined silver and gold scrap should be included with your gold groups.
* Watch Batteries: In order to get credit for watch batteries, they must be packaged separately.

DOWNLOAD AND PRINT A CATALOG (PDF)

top

G&S Metals, Inc.