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It is not news that Facebook is HUGE! And since our employees, customers and basically everyone are on Facebook we decided that Arch Enterprises should be as well. And with an ever changing industry that has to follow the price of precious metals on a daily basis, we wanted to keep people updated on the latest news and company happenings. Find our page here: http://www.facebook.com/archenterprisesinc.

Below are the latest stats from Facebook.com

We have found Facebook to be a great place where we can answer questions, post pictures and keep people updated about silver, gold and platinum prices. You can expect to receive new updates and general updates about PMs from our Facebook posts.

Do you have a business that we could follow? Please let us know and send us a link to find you. Or start following Arch and Like us on Facebook today!

I have 20-30 lbs. of silver watch batteries. I have already hand sorted since these were still packaged and I have maybe a pound or two of the lithium batteries. What are you currently paying and how do I ship these. From John in Des Moines, Iowa.

Hi John,

Thank you for submitting your question.

It is great that you were able to separate your silver oxide batteries from your lithium batteries. This saves us time when it comes to the refining process.

Because you are shipping used batteries you should be able to ship in a cardboard box. So the batteries do not shake around, you might want to fill with newspaper in the box, but that is up to you.

We are paying around $30-$40 per pound of silver oxide batteries with the silver price being around $35-40 per troy ounce. However, this pricing is subject to change according to the fluctuation of the price of silver. If you call us on the day that you ship we will be able to give you a more accurate quote given the amount of silver batteries you have and the spot price of silver.

We have recently increased our capacity for refining silver oxide batteries. Check out our latest press release for more information.

* Price quoted is based on the daily market price of silver the day this blog post was published and may not be the current price viewers are reading this posting.

Gerald recently asked us what our rating is with the Better Business Bureau (BBB), which is a great question to ask any company that you are working with. Accreditation with the BBB means that the business meets accreditation standards which include the following standards:

1. Build Trust
2. Advertise Honestly
3. Tell the Truth
4. Be Transparent
5. Honor Promises
6. Be Responsive
7. Safeguard Privacy
8. Embody Integrity

You can look up any company’s rating in on the BBB’s website. You can also see if there have been any customer complaints filed against the company and if they were resolved.

Arch has maintained an A+ rating with the BBB and has not complaints filed to date.

I have a small quantity of platinum mesh that was used in testing/measurement equipment. I’ve read some of the questions that have been sent to you and understand you offer 70% of the market value, is that correct? How do I send the platinum mesh to you? I can weigh and convert to troy ounces, but what is the time frame to receive payment? Thanks! From Robert in Alma, Michigan.

Hi Robert,

You are correct in that our typical return for industrial platinum material such as platinum mesh is 70% back on the platinum value that is refined.

We always recommend weighing your items at home and please fill out our packing slip. In the special notes section you can put the weight that you had and we will match it to what we find. We will notify you if our findings do not match your description.

Turnaround time on your material should be no more than 7 business days. However, we can normally mail a check after 3 business days of receiving your material. If we have to test or analyze your material further, is what can take longer.

Because precious metal prices are always changing we use the most recent price when your items come into our facility. Platinum is trading at around $1,766 USD per troy ounce.*

Please use this information if you would like to insure your items through the mail. And choose the “Signature Required Upon Delivery” option so that we sign for your package.

*This price may not reflect the current price of platinum, as it is not updated daily as the price changes.

Visit our website to learn more about our platinum refining.
Or view more blog posts related to platinum.

I have 3 or 4 pounds of .925 sterling silver flatware and 3 or 4 pounds of .985 silver tea set. Do you offer more for the higher density? Or are they purchased at the same rate? From Curtis in Bowie, Maryland

Hi Curtis,

We will give different returns based on the purity of your silver items. Anyone that puts all of your silver on one scale and gives you a flat rate for the lot is probably offering much less than what your items are worth. Since 985 silver is not as common as sterling silver or 925 silver, we might run some tests will ensure the purity of the material. Is there a marking indicating the 985 purity?

We see 985 silver used mainly in fine jewelry product lines. The stamp 985 means that your items are 98.5% pure silver and then alloyed with 1.5% of some other metal.

Typically we can return 75% of the fine silver value back to you for fine sterling silver pieces. Today silver is making headlines for breaking through $36 USD per ounce for the first time in 30 years. And because you have pounds of silver, your items should give you a fairly large return.

Precious metals are measured in troy ounces, which is a little less than a standard ounce. Here are some quick conversions for you:

1 troy ounce = 1.09714286 ounces
1 pound = 14.5833333 troy ounces

Hope this information helps!

*Image displayed is only a representation of the items described in this blog post and may not be true images of the items in question.