How It Works
As the areas highest payer for all your gold and other precious metals, we meticulously inspect every piece of gold, silver, platinum, etc. that comes through our doors to ensure our customers get paid appropriately for all their valuables. When someone comes in with gold or silver we first determine it's composition (8k, 10k, 14k, 18k, 22k, sterling, etc) and from there we make an offer based on the market price at that time and the weight of the items. There is never any obligation to sell once we have appraised the items, as we fully understand getting a second or third opinion. Customers are given our best price the first time and every time for all gold, silver, jewelry or other precious metals. Dealers and buyers of precious metals are welcome and please feel free to call us anytime for our pricing and operating procedures.
General Gold Information
In general, copper is added to gold for red shades and palladium is added to gold for a white color. In China a purple gold existed which contained a little iron which would become violet when heated. Craftsmen can create individual shades by mixing proportions of the alloys.
The amount of gold in an article of jewelry is defined by the ‘carat’ or ‘karat’ scale. The word is derived from the Greek keration and Italian carato meaning the fruit of the carob tree whose pods were once used for weights in early bazaars. Pure gold is 24 carat; other alloys being a percentage of 24. Divide marked karat by 24 to get the % of fineness.
10 karat gold/ 24 karat gold = 41.6% pure gold.
We bring over 35 years experience of buying gold from both private and public sources. Our customer satisfaction speaks for itself and customer satisfaction will always remain our top priority. All lot sizes are accepted, no minimum amounts necessary and no lot is too big. Immediate payment for your gold and valuables has always been our mode of operation. We consistently pay the highest for your gold and we will continue to regardless of where the price of gold ends up. At the time of every transaction we use up to date pricing supplied by either the bullion desk or kitco. Typical materials we purchase are items such as broken/unwanted gold jewelry, dental gold, gold coins, gold bullion and gold filled.
We purchase all silver scrap regardless of quantity or condition. We handle and refine industrial silver scrap from all applications such as x-ray films, dental scrap, filters, plating solutions and any other materials containing silver. Some silver material we typically purchase from the public includes:
We will purchase all silver plated materials for their base metals such as copper, brass or die cast.
**If you are bringing in knives, hollowware candelabras or any other materials containing resin, please remove beforehand. It saves us and our customers time as the material must be removed before the silver can be weighed.**
General Silver Information
Unless a piece is marked as sterling or .925, chances are it is not solid silver. Different markings on common silver items:
99.9% Pure Silver- 999 Fine
95% Pure Silver- 950/1000
80% Pure Silver- 800/1000 or .800
Differnent markings on common plated items with no significant silver value.
Nickel Silver- IS International Silver
Germam Silver- Rogers Brothers
Nevada Silver- Guaranteed 12 DWT
Brazil Silver- A1 – single plated
Peru Silver- AA – double plated
Western Silver- XXXX or Quad – quadruple plate
For our customers looking to get the most out of their gold filled materials, we recommend accumulating about 10 pounds or more and doing a full refinement. This way you're guaranteed to get the total gold content in your material without any guess work. We do purchase the material outright, but if you can accumulate the volume we always recommend doing the full refinement. We've seen lots run all the way from $100 a pounds up to $400 a pound. Obviously factors such as the current price of gold and the type of gold filled (i.e. 1/10, 1/20, 12k, 14k, 18k) will affect the total value. Objects such as eyeglass frames, pocketwatch cases, earrings, and costume jewelry are great items for gold refinement.
Conversions Used For Gold & Silver
24 grain (gr) = 1 pennyweight (dwt)
20 pennyweight (dwt) = 1 troy ounce (troz)
14.583 troy ounce (troz) = 1 pound (lb)
1 pennyweight (dwt) = 1.555 grams (g)
1 avoirdupois pound weighs 14.583 ounces troy
1 gram weighs 0.03527 ounces avoirdupois.
1 ounce avoirdupois weighs 28.3495 grams
1 gram weighs 0.03215 ounces troy
1 ounce troy weighs 31.10348 grams
1 gram weighs 15.4324 grains
1 grain weighs 0.0648 grams
1 kilogram weighs 32.15074 ounces troy
1 kilogram weighs 2.20462 pounds avoirdupois
1 avoirdupois ounce = 28.3500 grams
1 avoirdupois pound = 453.6 grams
1 avoirdupois pound = 16 ounces
1 avoirdupois pound = 14.583 ounces troy
Grains to Grams multiply by 0.0648
Grams to Grains multiply by 15.4324
Pennyweights to Grams multiply by 1.5552
Grams to Dwt. multiply by 0.6430
Oz. troy to Grams multiply by 31.1035
Grams to Oz. troy multiply by 0.03215
Oz. troy to Oz. avoir multiply by 1.0971
Oz. avoir to Oz. troy multiply by 0.9115
Oz. avoir to Grams multiply by 28.3500
Grams to Oz. avoir multiply by 0.03527
Lb. avoir to Kilogram multiply by 0.4536
Kilogram to Lb. avoir multiply by 2.2046
Lb. avoir to Grains multiply by 7000.00
Grains to Lb. avoir multiply by 0.000143