Category Archives: Forum Questions
Forum Questions
Refine & Sell Sterling Silver Belt Buckles
Written on May 23, 2011, by Arch Enterprises
I have a collection of sterling silver belt buckles. I bought them based on being sterling. Some of them have gold and are marked, e.g., 22k Gold on Sterling, 1/10 10k Gold on Sterling and so on. How can I tell the value of the gold parts? Thanks, Rod from Cleveland, Ohio.
Hi Rod,
Thanks for your question! The markings on your sterling silver belt buckles indicate the purity of gold and silver used to manufacture the items. However, it does not tell us how much gold would be available, if any to recover.
Most of the time we are not able to refine any of the gold from these belt buckles you have described, because the amount is so small. If you cannot physically separate the gold from the silver before the melting process begins, then there is no way to recover the gold from the silver.
Also the marking 22k gold on sterling sounds like they used a 22k gold plating material over top of a part of the buckle. Like we say to people with gold plated silverware, the plating technology has advanced to the point where the gold cannot be recovered and separated from the silver during the refining process.
If you can separate the gold from the silver before you ship, then we would run tests to determine the purity of the gold and the silver, then refine and melt them with separate refining methods.
You can go to our website to learn more about the ideal types of silver to refine. Hope that 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.
Sell and Refine Platinum Mesh | Precious Metal Refining Blog
Written on April 18, 2011, by Arch Enterprises
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.
Sell 925 Silver Flatware and 985 Silver Tea Set | Precious Metal Refining Blog
Written on March 31, 2011, by Arch Enterprises
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.
Sell and Refine Silver Oxide Watch Batteries| Precious Metal Refining Blog
Written on March 22, 2011, by Arch Enterprises
I have a large amount of silver oxide watch batteries that I would like to have refined for the silver. We are talking several hundred pounds of this material. Can you give me a price per troy ounce or price per pound? From Jim in Houston, Texas
Hi Jim,
Silver has been in the headlines as the price has reached $36 USD per troy ounce for the first time in 30 years. So now it a great time to have silver oxide batteries you have refined. When you say “several hundred pounds” are you sure that they are all silver oxide batteries?
Other batteries that may look like silver oxides are lithium or alkaline batteries, that are not manufactured with silver at all. Though it is still a good idea to recycle these batteries in an environmentally friendly manner so the toxic contents of the batteries do not leak out into the earth, we will not be able to offer a return on non-silver batteries.
It saves us time and money if you have already sorted your batteries. However, if you have a comingled lot we can discuss our sorting fee if you would like. Also because you have such a large amount, we can quote special pricing for you.
Silver Cake Server and Serving Spoon Stamped with “SILVER” | Precious Metal Refining Blog
Written on March 8, 2011, by Arch Enterprises
Question: I have a cake server and serving spoon that is stamped SILVER on it. Any idea if this stamp means plated or sterling?
Hi Josh,
Is that the only marking that your items have on it? Usually sterling silverware will have the purity of silver included. A stamp of .925 or 925 indicates sterling, meaning that sterling silver is 92.5% silver alloyed with 7.5% of something else. Other common markings that give indications about the purity of the silver include: 800, S, SS, STERLING, 900, or STANDARD.
We can not say what the purity of your silver cake server and sterling spoon is with the information that you provided. We would recommend trying to do some research to find out if you have sterling silver or not. If you know your items are old or could be considered antiques than you might want to have an antique dealer appraise your items.
Unfortunately there is no easy way to determine if you have sterling sliver, plated silver, or something else by just looking at it. There are test kits out there that require you to scratch through the coating. We use an XRF analytical machine that uses x-ray fluorescence, however on just a few items it might not be worth send them in for testing.
Also keep in mind that serving items are often weighted in the handles, so you may not have an accurate weight of silver in your items without taking out the weighted material.
Hope this 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.