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5 Ways to Tell if your precious metals refiner is just a Middleman

If you are getting paid on scrap or reclaimed jewelry materials you know how important it is to get paid on the true value of your metals. If you are paying a middleman, that is one more person getting between you and your money.

Here are 5 ways to show you are NOT dealing with a “real” precious metals refiner.

  1. You are getting paid on the spot.

This is a middleman who is sending to a “real refiner”.

A “real refiner” pays on a homogenous melt. This type of melt can only be achieved by performing a True Fire Assay which takes a minimum of 3 days.

2. No True Fire Assay.

A True Fire Assay consists of six steps. There are no shortcuts. Each step breaks down the metals to ensure your gold is pure. It is not an estimate.

According to the World Gold Council, a well-respected authority on Gold in the industry: “True Fire Assay remains the most accurate technique for gold assay and serves as the standard technique against which all others are compared.”

3. An X-ray machine is used. After your product is “melted”, an X-ray machine is used to determine gold content. True Fire Assay results are 20 times more accurate than X-ray. Do not accept X-ray results!

4. No refinery tours. If you ask to go on a plant tour and your refiner declines, they have something to hide. A real precious metals refinery has a laboratory and various furnaces. True Refiners enjoy explaining the process and are more than happy to give customers a tour

5. No Gold bars. Your refiner cannot produce gold bars at .999 percent purity. Real refiners produce real gold bars that are sent to a bank. If your refiner doesn’t make gold bars, this means their gold is not pure at the end of their processing. Not good for your return results. Pease & Curren is a real refiner. Come visit us or give us a try and see the difference Fire Assay makes (we recover platinum and silver too!)

As always free containers, shipping and insurance.  Give us a try today!