Category Archives: Uncategorized

Send Medical X-Ray Film to a Refiner | Precious Metal Refining Blog

I have about 320 pounds of X-ray film. Do you pay per individual X-ray or per pound? From Jim in Chester, Virginia

Hi Jim,

Because we refine X-ray film by the truckload it would be nearly impossible to keep an accurate count of individual X-rays. The amount of silver in one X-ray is negligible. We pay per pound of X-ray film because it is more accurate and easier for us to track.

The amount returned can add up if you have large quantities of X-ray film, especially when silver is trading for more than $18 per troy ounce. You will need to send at least 300-400 pounds of X-ray film, removed from the paper jackets, to receive a payment and recover the shipping cost. We would recommend filling one or two 50 gallon drums of X-ray film and then shipping the film in the drums.

Please let us know if you have any more questions and don’t hesitate to give us a call. Thanks!

Convert Scrap Gold into Coins or Bars | Precious Metal Refining Blog

Hello, I have been in the rare coin and paper money industry for some time and I have in the past few months started to buy scrap jewelry and other “unwanted” items from people all across Northeastern United States. I was wondering if I could have the scrap gold items melted down by a refining company and receive coins, bars, or a “brick” of the refined metal in return? Thanks so much. – Craig from Hershey, Pennsylvania

Hi Craig,

Because we are a gold refiner and not a gold mint, we typically pay for scrap gold with cash (technically a check…but you get the point). Unfortunately the raw gold generated during the refining process is not marked, stamped or hallmarked.

Given this, we sometimes return payments in the form of silver or gold minted coins or bars instead of cash, but there are additional fees involved. By using minted coins or bars, there will be no questions to the value of your gold or silver and you will be able to hold the items as investments.

The Do’s and Don’ts for Shipping Precious Metal

How would you recommend shipping silver and gold material through the mail? From Kara in San Antonio, Texas

Hi Kara,

Shipping precious metal material through the mail does not have to be a daunting process if you follow some general guidelines. You can even cut your shipping expenses by using flat rate shipping boxes which we found are great for sending heavy precious metal items such as silverware that does not take up too much room. Also, for quicker processing you can choose the option to overnight mail packages or express mailing.

What to DO:
DO get a precious metal estimate and decide if you are comfortable or not with insurance and to what degree.
DO request the “Delivery Signature Required” option so you know your items are signed for.
DO weigh your items before you ship.
DO include a packing slip with your shipments.
DO track your shipment with your carrier.

What NOT TO DO:
DO NOT write gold, silver, platinum or any other identifying words on the outside of your shipment.
DO NOT send in silver or gold plated items to precious metal refineries.

We also advise consumers to consider the name of the company they send to. For instance we do not use “gold,” “silver,” or “precious metal” in our name intentionally so no one will know the contents of the package just by looking at whom it is shipping to.

Visit our easy 5 step process about how to ship precious metal on our website.

Where to Recycle Bench Sweeps

Hi There, I am an independent bench jeweler and ever since my old refiner went out of business, I have nowhere to send my bench sweeps. Do you refine sweeps, and if so, is there a minimum? And what is the approximate turn around time? From Sadie in Columbus, Ohio

Hi Sadie,

We do have the capability to refine and extract precious metal from bench sweeps. Shipment methods will depend on how much material you have. There is no minimum amount, but we would recommend shipping more than 0.25 lbs. Ship by putting all your sweep material into a plastic container with a tight lid or double zipped plastic bags.

Once your materials arrive at our refining facility we will test and refine your materials then return a check to you generally within 3-5 business days. However, sweeps take longer than a typical refining process as we have to test the materials extensively to ensure we extract the maximum precious metal available.

We would recommend trying to keep your sweep material separated while you are collecting it. Working on smooth surfaces might make it easier to collect scrap. Cleaning and separating scrap will be easier if you maintain a clean work station throughout the day. Here are the groups we find easiest and most helpful to maintain:

  1. Fillings, Grindings and Snips
  2. Solids – Chain, Wire, Parts
  3. Polishings and Sweeps
  4. Platinum
  5. Silver – Try and keep gold and silver separated if you can. If this is not possible, send all your materials in combined.

Additionally, we commonly refine precious metal from floor mats, sink traps, carpets, rags, vacuum bags, and towels from jewelers’ working facilities. Visit our website for more information about our refining services for jewelers.

Where to Sell Silver Dollar Coins

I have several silver dollar coins that I would like an estimate on. They are as follows:

Year / Number

1923 / 48
1922 / 30
1924 / 10
1925 / 10
1926 / 4
1927 / 3
1800’s / 47

Thanks! From Jordan in Cleveland, Ohio

Hi Jordan,

Thank you for your question. We would be able to pay you for 90% of the fine silver value on your silver dollars that you have described. However, we do not take into account the numismatic or collection value of any coins that we refine. Please send them to us if you know that the actual silver value is more than what you could get if you took them to a coin dealer.

I would especially recommend taking your coins from the 1800’s to a coin dealer to check on their collection value. Even coins that are not in pristine condition can still have collection value that may exceed its silver content value.

Let us know if you would like to refine your silver coins based on their silver content. Thanks!