REFINING ~ SILVER SCRAP ~ SILVER EXCHANGE
ARGENTIUM SILVER REFINING ~ ARGENTIUM SILVER SCRAP ~ ARGENTIUM SILVER
Silver Refining, Argentium Silver Refining, Silver Scrap, Argentium Silver Scrap and Silver Exchange
Thank you for choosing G&S Metals as your refiners for your silver refining, Argentium silver refining, silver scrap and Argentium silver scrap. Your confidence in our honesty and integrity speaks for itself. We continue to strive to meet your expectations and ours.
G&S Metals and Refiners accepts sterling silver scrap
and Argentium silver scrap for refining. Sterling silver refining is
a major part of the Silversmith's shop management, and with silver
prices soaring, silver scrap produces a profitable return. G&S
Metals and Refiners also refines sterling silver flatware, sterling
silver tea sets and other items made from sterling silver or
Silver scrap can also be exchanged for product, 1
TO silver bars or G&S Metals and Refiners will purchase the silver
and send you a check.
|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||80% of Ag||80% of Ag|
|Silver Bars / Silver Coins||92% of Ag||92% of Ag|
Solid silver scrap has stolen the limelight and our focus. So I want to remind you to pay attention to your “silver and Argentium silver bench sweeps”. It is imperative that cleaning your bench, your lap tray on your bench and even the floor around you on a daily basis, becomes an integral part of your shop management. Silver bench sweeps and Argentium silver bench sweeps can be very rich in metal and yield as much as 33% of their weight. A nice profit at the end of the month!
Refining silver bench sweeps is a different process than refining solids. We request that you collect your silver bench sweeps in a container and keep them separate from your silver solids. We will provide a container at your request. Silver and Argentium silver bench sweeps take approximately one week to refine.
|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. 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.
- 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.
- FedEx and UPS will NOT deliver to a P.O. Box.
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.
- 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.
Metal separation is to your advantage. Use the following as a guide.
Filings: This group includes filings, grindings and
snips. For quicker processing, keep excessive wax materials
out of your scrap.
Solids: All karats and colors of gold may be combined for
Gold: Combine with solids.
and Sweeps: This includes emery, floor sweeps, filters and
All scrap containing platinum.
- Silver and Argentium 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
- * Watch
Batteries: In order to get credit for watch batteries, they
must be packaged separately.
We buy silver oxide batteries. Under 3 lbs $17/lb.