Sterling Scrap

Selling Sterling Scrap

If you have sterling scrap in the form of sterling metal work which is of no use to you (whether jewelry or flatware) or you have sterling scrap on hand due to your occupation, you can easily sell this precious metal to refiners who will offer a good price, based on London and New York stock exchange values. There are many sources of silver scrap, not only sterling (which is an alloy of silver and copper). Refiners of precious metals will accept most of these.


Sterling Silver has a high Payable Amount

When you sell metal items to metal refiners, different payable amounts will be quoted, depending on the material and the ease with which raw metal can be refined from the source. Because sterling silver has a high ratio of silver to non-precious metal (92.5% silver to 7.5% copper is the lowest amount of silver which can be called sterling silver), payable amounts when trading in unwanted sterling silver flatware and other quality scrap are high.

Sterling Silver

What is Sterling Silver?

Sterling silver is an alloy of silver and copper, which is used to create many different items, from chains for jewelry and other jewelry items, to flatware used for eating. The minimum amount of silver needed in a silver and copper alloy in order for the alloy to be considered sterling silver is 92.5%. Certain sterling silver items, typically those which are older and belonged to wealthy families, contain a fairly higher percentage of silver than the standard amount.

Selling Sterling Silver to Refiners

Items made from sterling silver can be sold for a decent amount to precious metal refiners, as the high silver content means that a high percentage of metal is recoverable. Refiners may offer the choice of being paid in money or in bullion (pure refined metal), which can make a sound investment. If you work with silver in your occupation, whether it is jewelry design or another trade, you may wish to be paid in bullion as a means for obtaining new material.

Bullion

What is Bullion?

The term ‘bullion’ refers to the non-monetary of precious metal. Bullion coins are sometimes minted in commemoration of important events, such as presidential inaugurations, and when these are given a monetary value, it is sometimes lower than the actual worth of the coins as bullion. Gold ingots, which are sold for their weight and purity, are an example of bullion, and have long been used as investments against economic volatility and bear markets.

Selling Scrap to be Refined into Bullion

Metal smelting and refining companies which specialize in precious metals accept diverse sources of scrap for refining into bullion and reselling. This recycling of precious metals is important for ecological as well as economic reasons, as it helps to offset waste of naturally occurring resources. In addition to solid metallic substances in the form of alloys and other materials, various solutions may also accepted, such as the halides of silver which are used in photographic developing processes. Refiners may provide the option of being paid in bullion for scrap, rather than monetary payment.

Silver Alloy

Sell Silver Alloy Materials to Refiners and Smelters

If you have silver alloy items or scrap which you have no use for, you can sell it to refiners and smelters in exchange for cash or raw bullion. Refiners who accept various different precious metals, such as gold, silver, platinum and titanium, can pay you good money for scrap, and if you own a business in which you need bullion to produce items (jewelers use substantial amounts of bullion), you can trade in shavings and chips in bulk and receive refined metal in exchange.


What you will be paid for Silver Alloy

The amount which you will be paid for an amount of silver alloy will depend on the amount and quality of silver contained in the alloy. Whereas some metals require special treatments during the refining process, silver alloys are fairly straightforward to refine, and thus a fairly large percentage of the silver present in alloy materials will be payable. Silver is also relatively quick to refine, with processing periods generally lasting a maximum of two weeks.

Sterling Flatware

Selling Sterling Flatware Sets

While sterling flatware sets can be valuable as antiques, aspects such as family monograms or wear such as large scratches or severe tarnishing can reduce their value as collector’s items considerably. An alternative, however, is to sell sterling flatware for its value as bullion rather than fine silverware – refiners who accept various precious metals will be able to pay you per weight of silver recovered, and this may be more profitable than trying to sell sterling flatware in dubious condition.


Sell Sterling Flatware and Other Scrap

Refiners accept a wide range of scrap, from whole items such as flatware and jewelry pieces to broken items and even precious metal turnings from manufacturing or jeweler businesses. If you have silver, gold, palladium, platinum or another precious metal, your refiner can take it in exchange for payment in the form of a company check, wire transfer, or bullion payment. If you manufacture flatware and there are defective items, for example, selling defective items as sources of bullion can offset waste expense.

Sterling Coins

Sell Sterling Coins to Refiners

While most currencies nowadays do not contain precious metals, many old currencies did and while they may no longer be in circulation, your old sterling coins will still have value as items which can be refined into bullion. Refiners who specialize in precious metals will accept old sterling silver, gold and other precious metal coins, as well as a great many other items which can be refined into bullion, and you can receive payment in as little as two weeks when you trade in your coins.


Sterling Coins Pay Well

Some silver alloys and compounds do not have a high payable value for the metal returned, as they only contain minimal amounts of silver. Sterling coins, however, pay well as some ancient coins contain mostly silver and are thus highly payable. When you trade metal scrap with refiners, you will be told if there is a minimum amount of a particular metal or metal source accepted, as well as other information such as estimated time until completion as well as payable percentages.

Sputtering Targets

Sell Sputtering Targets and Other Metal Items

Gold and silver sputtering targets, which are a component used in a physical process, are some of the many metal items which can be refined by refiners into bullion in exchange for money or the equivalent in bullion. Bullion refers to metal which is sold per weight, as opposed to metal which is traded as an abstract monetary concept rather than at its value. If you have any type of precious metal scrap, refiners will pay you for anything over a stated amount.


Materials in Addition to Sputtering Targets Accepted

In addition to silver sputtering targets and other refined metal items, refiners also accept silver alloys and compounds which do not only contain silver. Items such as silver bromides and chlorides which are used in photographic development and many more sources of silver are accepted, although different items will yield different amounts of raw silver and may thus only be accepted in a minimum and greater quantity.

Silver Refining

Sell Scrap for Silver Refining

If you have silver scrap in any form, whether you own old candlesticks which you never use and will not be able to resell due to their being tarnished or you have silver scrap as a byproduct of your occupation (such as the silver turnings left after a jeweler makes a piece), you can sell your scrap for money or payment in bullion, as silver refining and the refining of other precious metals is offered by metal refining businesses.


Yields in Silver Refining

The amount of money which you can receive in return for your silver scrap and fine silver items depends on the quantity and quality of the metal returned. Your refiners will assess the scrap you trade in so that they can determine a realistic estimate, and there is usually only a narrow margin for discrepancy in amount, depending on the successfulness of the recovery. Fees for refining metals are reasonable, given the equipment and occasional treatments which are used for refining purposes.

Silver Scrap

In many industries and occupations, waste can include precious metals such as silver, gold and palladium and these can be traded with a refining company in exchange for money or bullion, which can help to offset the cost of manufacturing or overheads for professionals. If you have silver alloy scrap, in the form of silver wire and other items, or silver items which are pure silver, from jewelry to dinnerware, your silver refiner will pay you good money on the recovered amount of metal.


Sources of Silver Scrap

There are many different sources of silver scrap which are accepted by refiners, with substances in both solid and liquid form being accepted. Silver flakes, silver wire, and a range of other refined silver materials can be traded, as well as silver chlorides and bromides which are used in photographic industries. For the full list of items which are accepted, you can view your refiners’ online catalogue or make contact in order to have a specific query answered.

Silver Recovery

Specialists in Silver Recovery Buy Scrap

If you have silver jewelry which you have never liked, and you doubt it has high resale value, or you have scrap silver as a byproduct of your occupation, you can sell your silver scrap to specialists in silver recovery and the refining of other precious metals. There are fewer fees involved in refining silver than in refining some metals, as it is an easier process. Various silver materials are accepted – in addition to solid silver, pastes and solutions which contain silver may also be accepted.

Silver Recovery is fairly Consistent

Some metals are harder to recover than others, due to being highly reactive or having other characteristics. Silver recovery is relatively easy, and thus payable percentages of silver recover are higher than for certain other metals. When you take your scrap to your refiners, they will be able to assess the quantity of metal and deduce a payable amount, so that you can leave everything to your refining professionals.

Silver Contacts

Get Paid for Clean Silver Contacts

If you own a manufacturing business in which electronic items are made, it is likely that there will be precious metals used in circuit boards, contacts, and other areas. Defective items are not necessarily a complete waste, as smelters and refiners pay good money for precious metals obtained from items such as clean silver contacts (contacts which do not contain bronze, copper, or any other metal). There is usually a minimum amount (in weight) of metal accepted for refining.

Payable Silver from Contacts

When you trade in a number of silver contacts to be refined, the amount of metal which is payable is 80%-90% of the metal recovered, which is not a bad amount at all. Scrap items, which would have simply become waste, can bring you bullion to use in your manufacturing process o keep as an investment, although you may opt to be paid in a company check or wire transfer instead, if you prefer monetary payment.

Silver Coins

Sell Worthless Silver Coins

Many people collect coins and foreign currency, not for its monetary value. Some coins, however, have little value in monetary terms, or as collector’s items, and it makes sense to sell these to refiners who smelt down various precious metals and alloys to produce bullion (bullion is precious metal which is sold per weight and purity, as opposed to a coin with a set monetary value). If you have gold and silver coins, you can trade these in and get paid according to current London and New York exchange prices.

Other Silver Materials Accepted in Addition to Silver Coins

If you are trading in silver coins to be refined, you may as well see what else you have which may be of value. Some smelters and refiners accept silver wire, paste, and even powder, along with other silver materials, including fine items made of silver, from jewelry to silverware cutlery. When you contact your refiners with your offer of materials, they will be able to give you an idea of the amount which you can expect to be paid.

Silver Flake

Get Paid for Silver Flake

While most people think of sturdy, heavy sources of metal such as jewelry and candlesticks are the type of sources of silver which smelters and refiners purchase, you can get paid for everything from silver jewelry to silver flake and silver chlorides or bromides. Almost any substance from which precious metals can be recovered is of use to smelters and refiners. Silver flake which is obtained from film processing can be sold per 100 troy ounces easily.

Silver Flake and Other Silver Materials

Silver flake and other silver materials, including silver alloys in the form of wire, can all be sold at reasonable amounts to refiners who take various metals and refine them into bullion. A refining company which allows you to choose payment in money or in bullion can help you to obtain raw materials for your application in such a way that none of your scrap is wasted. Silver has a relatively brief turnaround time for refining, as opposed to metals such as platinum which take longer.

Scrap Gold

Selling Scrap Gold for Bullion

In many industries where gold is used, such as jewelry making, precious scrap can accumulate. If you work with gold in manufacturing and have substantial amounts of scrap as a result, this can be traded with refiners and smelters in exchange for bullion which can be used to continue producing jewelry, electronics or other items which use gold (such as dentistry paraphernalia). Smelters and refiners will charge fees for processing scrap and assessing the quality and quantity of metal present, yet these fees are usually reasonable.

Scrap Gold and Many Other Metals can be sold

Some refiners and smelters accept many different metals in addition to gold. Palladium, silver, titanium and platinum are examples of other metals which can also be refined, though the length of time which it takes to refine some metals is longer than it takes to refine others due to the fact that some metals and amalgams require special treatments as part of the refining process. If you trade metal in for bullion or cash, your refiners will give you an estimate

Scrap Platinum

Precious Metal Refiners Accept Scrap Platinum

If you have platinum catalyst, wire, or other platinum materials which are of no use to you, these can be sold as scrap to metal refiners who accept crap platinum as well as other precious metals in exchange for money. Platinum scrap includes platinum concentrates, items plated with platinum, platinum alloys in the form of gauze, wire, sponge and more, and many other materials besides. Often it is possible to customize your arrangement with metal refiners, in order to include any special requirements.

Scrap Platinum Fees

When you refine scrap platinum, there will naturally be fees attached, including treatment fees (usually per troy ounce) as refining platinum requires the use of additional treatments. A reputable smelting and refining company will offer you reasonable processing rates so that you can still make a reasonable amount off the scrap you trade in, especially where the metal traded in has a high percentage recovery rate, as the amount of metal payable will then be higher.

Scrap Gold Jewelry

Selling Scrap Gold Jewelry

Some jewelry is not worth selling as an accessory item, for its aesthetic value – it could be that a stone setting has fallen out or that the item is simply heinously unattractive. An option for selling gold jewelry, however, is to sell it for scrap. Gold jewelry and less fine gold items can be sold to smelters who pay good money for precious metals, in exchange for cash or bullion. Bullion is the term for precious metal which is sold by weight as opposed to minted monetary units.

Scrap Gold Jewelry and Jewelers

Jewelers work with precious metals constantly, and it is easy for a piece to be ruined given the delicate nature of the craft. Jewelers who have scrap in the form of wrecked pieces as well as gold turnings from the crafting process can trade this in for money or gold bullion, and smelters will refine the scrap into raw bullion which can be used again. Gold is one of the easiest metals to recover, and thus turnaround times are usually fairy quick.