One of the advantages of selling your old gold and silver to Accurate Precious Metals Coins, Jewelry, & Diamonds is that we are a refinery. This means we can offer the best prices for your old jewelry and precious metals since there is no middleman. Our refinery can give your old precious metals new lives as coins, bullion, jewelry and more.
Why Should I Sell My Gold to a Refinery?
As the name implies, precious metals like gold, silver, and platinum have a value that remains even if the original item made with it is no longer useful. Many people have old or damaged rings, bracelets, necklaces and more that can’t be worn but are still very valuable because of the material they’re made from. A refinery, such as the one at Accurate Precious Metals Coins, Jewelry, & Diamonds, is able to melt down and separate the metals, remove any impurities, and then reshape the new metal into a form that can be used by a jeweler, coin maker, or held by an investor who wishes to diversify their investments with bullion.
Selling old precious metals directly to a refinery gives the consumer a better price. Just about everyone who buys old or broken jewelry does so with the intention of selling the metal to a refinery later. Consumers who sell their precious metals to anyone other than a refinery are almost always getting a worse deal.
What Happens When You Sell Precious Metals or Jewelry to a Refinery?
At Accurate Precious Metals Coins, Jewelry, & Diamonds, we pride ourselves on having an open and transparent process. When customers bring in jewelry and precious metals to our refinery, there are five steps that happen before we can resell the metal to someone else.
Step One: Inspection – The first thing we do when you bring old jewelry or precious metal to Accurate Precious Metals Coins, Jewelry, & Diamonds is test the metal to determine it’s quality. Besides the traditional means of testing metal, Accurate Precious Metals Coins, Jewelry, & Diamonds also uses a handheld Spectrometer Gun to determine the composition of the metal.
Step Two: Weighing – Accurate Precious Metals Coins, Jewelry, & Diamonds uses highly accurate scales that are verified by the State of Oregon on a regular basis. We then weigh the metal in full view of the customer. We believe in transparency at every point in the process.
Step Three: Payout – After the first three steps, the consumer is given a price based on the weight, quality, and the going market rate for that metal (which fluctuates daily with the commodities markets).
If you have old gold, silver, or platinum jewelry in your home or storage, bring it Accurate Precious Metals Coins, Jewelry, & Diamonds to get the best value for your precious metals. Contact us to learn more or visit our store to get started.