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Best scrap return


#1

All,

I would be interested to hear from any members concerning the best
pricing on scrap metal prices. Argent in LA gives 87%. I think there
are better returns from reputable refiners.

Cheers J Morley/Goldsmith and laser welding


#2

Hi,

I was just looking for the same thing. If you get any personal
replies would you mind sharing them with me. I’ve never turned in my
scrap b4, and have several years worth.

Thanks so much,
Victoria,
Victoria James Designs


#3

Just go to Hoover and Strong. Honest, reliable and good payouts.
However be aware that due to the recent price increases they are now
running about 3-5 weeks on returns.

Daniel R. Spirer, G.G.
Daniel R. Spirer Jewelers, LLC
1780 Massachusetts Ave.
Cambridge, MA 02140
@Daniel_R_Spirer
www.spirerjewelers.com


#4

Hello, I suggest that you talk with the folks at Pease and Curren. I
am very happy with them. I think that I get 92%. I only pay $150 for
the assay and they pay shipping. I also have my gold turned back
into 24K casting grain. This is very reasonable as well. With gold
going through the roof, why sell gold that you purchased cheaper, get
92% for recovery and then buy back at 100% of new market price? I
thinking keeping what you have and refining when it is cheaper makes
the most sense. If you lose 8% in the process losing 8% at say $400
is less than 8% at $700. But, if you are just doing gold for gold it
really doesn’t matter I guess you aren’t really losing $, it is the
refiner who is making more.

good luck.
Dennis


#5

From a different perspective than most replies, I imagine - We keep
our metal clean, remelt it ourselves, and recycle it - best return
possible…


#6

Houston Precious Metals
607 Chenevert
Houston, tx 77003
713-228-3931

ask for Pat they pay 96% on a five ounce or more melt and assay on
gold. These people are very honest and the assay charge is not some
outrageous amount. Ask what it will be when you talk to them, last
time I sent in scrap it was around $30 or $40.

The premium for fresh gold is very reasonable as well. This is no
fly by night group they have been around for20 years and are one of
if not the largest precious metals liquidator west of the Mississippi
river. (usual disclaimer goes here)

Frank Goss


#7

i have found hoover and strong to be the highest return, and if
you’re a first time refining customer, there is a} no charge and
b)100% return if no assay is needed.they are the most honest i have
done business with and have great products from their mill…check
their palladium specials also, and if you’re a volume producer they
give you excellent discounts and the usual free tools…


#8

Along this same line, what have folks found to be the best way to
get the scrap to the refiner?

Jerry in Kodiak


#9
what have folks found to be the best way to get the scrap to the
refiner? 

I mentioned in a previous post that if you use Pease and Curren in
Rhode Island, they will send you a container for ;your scrap. I just
received a 30 gallon drum from them so that I can ship them my
sweeps, filters, sink junk etc. When I ship them casting scrap, they
send me a smaller jar, I give them an estimate of its value and they
insure it as well. Their number is 800-343-0906

good luck
Dennis


#10

Hi Jay and others

I’ve been shipping refining lots to PMWest for years and never felt
used as I did with some other refiners. Their number is (I believe)
1 800 999 PLAT. They do ask for a minimum shipment and presently
don’t take buffer or floor sweeps.

Bruce Morrison


#11

Recently I have noticed Hoover & Strong mentioned a few times in this
forum. I just wanted to compliment them, and even recommend them, in
regards to selling them scrap, to anyone wanting to do so, but are
unsure of who to deal with. My scrap gold shipment was handled
quickly, very professional, and I even received about 10% more in $
than I expected to receive. I had never dealt with them before this
transaction, and was getting kinda spooked with who I had been
dealing with, so it was a real pleasure to deal with a company that
not only could everyone properly transfer a call, but it was never
necessary to ask them to repeat multiple times because their accent
was so strong. I have no problem with Americans with very little
American in them (it’ll grow in ya if you let it), but please learn
to speaka de English if your going to act like you want to do
business with the English. Back from my short rant, Hoover & Strong
seriously acted like they wanted my business very much, and that’s
what it takes to earn my business. I am not associated with them in
any way other than a very, very satisfied 1st time customer.

Ed in Kokomo


#12

Let me throw in my agreement with Ed on Hoover and Strong. Not only
are they good for your refining needs but their level of service just
gets better and better. Three times this week alone I have placed
orders with them after 5 pm (one was placed at 5:40) and I still had
the product in my hands the next day. Given that they close at 6 that
is a pretty phenomenal turn around time for an order.

Daniel R. Spirer, G.G.
Daniel R. Spirer Jewelers, LLC
1780 Massachusetts Ave.
Cambridge, MA 02140
617-234-4392
@Daniel_R_Spirer
www.spirerjewelers.com


#13

I have been dealing with Hoover & Strong for over 20 yrs and had
similar reactions to their customer service and integrity.

mike w in AZ


#14

Dear Ed,

but it was never necessary to ask them to repeat multiple times
because their accent was so strong. I have no problem with
Americans with very little American in them (it'll grow in ya if
you let it), but please learn to speaka de English if your going
to act like you want to do business with the English. Back from my
short rant, 

Yes Hoover and Strong are great.

But I am nonplussed at what you are saying in your orchid post?

(Nonplussed: look up the real meaning in the dictionary.)

I happen to be an immigrant to the US, now a permanent alien
resident. I speak English with an accent. The truth is, good
communication takes work for both people communicating, no matter
what lanuage they speak.

Sound like as soon as you heard an accent you put up a wall and did
not even try to understand the other person. Will you do business
with American born people who speak with regional or ethnic dialects?

I use funny words like “till” when I should say “cash register”,
“chesterfield” when I should say “love seat” and “broadloom” when I
should say “carpet.”

People make fun of the way I speak all the time. I usually laugh it
off…as the person commenting cannot put together a proper sentence
and they grew up in the USA.

I am learning how to use the terms “you know” and “like uh” in
sentences. Does that mean I am learning American?

LOL

Where am I from? A clue : Way to go Oilers!!

J. Skirboll


#15

Daniel

I am glad you experience with Hoover and Strong is so positive. My
first,and so far last, experience with them was not. I placed an
order with them on a Friday afternoon, nothing special 6x12 24g
silver sheet, 3 feet of 6g silver square wire, and 12 feet of each
grade of silver solder. They did not ship till the following Wednesday
and then they charged me the silver price on the day that they
shipped, not the day I bought it, and it had certainly gone up. I
called to find out what happened, and the rep told me she had no
explanation and just wanted to know if I was placing a new order. I
haven’t ordered from them since. Guess I am just too small to worry
about.

I will have to break down and order my silver solder from them, it
is the best. Karen from Metalworks introduced me to it, and she has
tried them all!

jena


#16

Jena,

All metals are priced on the day they are shipped, not the day they
are ordered. This is common industry practice and I have yet to see
any company that does it any other way (which doesn’t mean there
aren’t any, just that I haven’t seen it happen yet). It is entirely
possible that they ran out of something in your order and they waited
until they had it made up (I imagine they produce their silver in
huge lots so it may have been necessary to wait until the next
round). But I think you should go back and try again. They are one of
the best in the business (although they will always charge you based
on the ship day’s metal prices).

Daniel R. Spirer, G.G.
Daniel R. Spirer Jewelers, LLC
1780 Massachusetts Ave.
Cambridge, MA 02140
617-234-4392
@Daniel_R_Spirer
www.spirerjewelers.com


#17

I also have not had the best of experiences with H&S. After several
calls to get info about how to return my scrap and how to place the
order to use up the credit that scrap would generate, they told me
they were not taking any silver. I decided not to take “no” for an
answer, thinking they should have told me that when I first called
instead of after I had gone to a lot of trouble. I called back and
asked to speak to George Hoover and he spoke to the department that
handles scrap and no one could be located who would admit to telling
me they would not take my silver. Go figure?

I have not found them to be the nicest people in the world to deal
with and they can give you absolutely no product or
technical assistance on how to use their products.

J. S. Ellington
432-557-8785
http://www.jsellington.com


#18
I also have not had the best of experiences with H&S. 

It’s unfortunate you didn’t have a good experience with Hoover &
Strong. Can I assume you haven’t dealt with them for long? I’ve been
ordering my metal from them (and sending in scrap for refining) since
the early 70’s when I was in school, and I’ve never had anything but
professional, friendly, knowledgeable service from them all these
years. Pretty amazing record.

And I wonder how much pressure they must be under now with the
increase in metal prices, starting with all the people phoning to ask
how to sent scrap in… Despite this, it sounds like you even got
George himself on the phone. Don’t quite understand the level of
anger in your post.

Maybe all of us on this planet should cut each other a little more
slack… (translation for those outside the US: be a little kinder.)

Thanks Hanuman et al for giving all of us a voice. As well as a safe
place to disagree.

Cindy Crounse
Refined Designs Original Fine Jewelry
www.refineddesigns.com


#19

I have had both good and bad experience with H S, that’s sort of how
life goes. I once sent them a huge [ to me anyhow] amount of platinum
and it disappeared from my assay, when I ask them about it, it
reappeared. I don’t beleive it was intentiional but it was Very
strange. Since then I have always wrote a letter informing who ever
is doing my refining what I have sent and pretty much what I expect
back in refining.

As far as pricing metals on the day of shipment, versus the day you
order, I suggest that you make your order contingent on same day
processing if it is that important to you. If you want to get your
metal on the day you order it because the price is good, tell them if
they can’t fill it that day you don’t want it. that way you will know
what to expect, if you are ordering more unusual sizes you can expect
a delay.

It will be interesting to see where this market goes, I have been
trying to buy less common goods recently and H S has stopped
carrying some things. Too expensive for them to hold in inventory,
this is not a good sign for the trade. With an ever expanding world
market you would think that products would become more available not
less so.

Dennis.