When you have gold to sell, you need to be talking to a company like Specialty Metals Smelters and Refiners. And we’re not making you an empty, hard sales pitch when we say that. There are some very solid reasons why we should be the company you choose to handle all your recycling and refining needs...Read More
Stories have been making the news lately about a new vending ATM machine dispenses gold bullion bars. The company that makes the machines, Gold to Go, says that it has installed its machines in Dubai, Germany, Spain and the USA. There are even videos to watch online that show the machines being used by customers. They walk up, deposit bills or slide in a credit card and pick the bullion they want to buy.Read More
The words “Cash for Gold” have been cropping up nearly everywhere recently. They appear in ads on billboards, on loose ads in packets that arrive in the mail, and even on store signs. It seems kind of odd that there is so much demand for your gold at a time when it’s not trading at top-of-market prices, doesn’t it? And in fact, it is kind of odd. But there is an explanation, and not a very happy one...Read More
When you’re selling gold items, it’s important to understand the difference between appraisers and assayers.
What Do Appraisers Do?
Appraisers are professionals that you hire to research the history of the items that you own. They are concerned with provenance, meaning that your gold items have an interesting or significant history. If your gold brooch once belonged to Queen Victoria or Marilyn Monroe, for example, it has collectible value that probably exceeds the value of the gold that it contains. If that small gold bee that you inherited turns out to have been made by Inca craftsmen 500 years ago, the same holds true. Or if the gold watch that you want to sell was once part of a museum collection, that can add to its value too.
So if you have older items that have interesting or important histories, or which you suspect might have, it is wise to find a professional appraiser who is qualified and certified to assess their value. The American Society of Appraisers (APA) is a good place to find one.
What Do Assayers Do?
Assayers are interested in value of a different kind. They are concerned with the metals that are contained in your gold and other items. For example, we are assayers here at GoldRefiners.com, part of Specialty Metals Smelters & Refiners, Inc. When you send us an item for testing and evaluation, we apply the latest testing technology to determine its metallic content.
After testing your items, we can answer lots of different questions for you. What is the Karat rating of a gold item, for example? What other metals does it contain, and how do those metals affect the value? If you decide to have us reclaim the gold and other metals that we discover in your items, exactly how much money will you receive for it, and how quickly? We can answer those questions, and more.
No Gold Items Will Be Harmed in the Process of Testing...
It is not uncommon for customers to ask whether we will damage gold items that they send in for testing. (“Will you have to melt down this old gold bracelet before you can tell me what it is worth?”) The answer is, we will not harm any items that you send to us for testing – a simple, non-damaging metallic test is all that is needed. (In some cases, we may need to rub your item on a stone or special cloth to obtain a tiny sample of metal to test, but that sample is so small that it cannot be effectively measured; it will not diminish the value of any item that you submit to us for testing.)
So, What Is the Difference between an Appraiser and an Assayer?
We hope that today’s post has cleared up that question for you. If you have more questions, we are here to help. Do not hesitate to call us at 800-426-2344.
This is a time of year when everyone could use a little extra cash, right? Or maybe a lot of extra cash would be even better.
So here’s a suggestion. Why not get together with your relatives, friends and neighbors, search for precious metals in your homes, and then send them to Specialty Metals Smelters and Refiners? The result could be a nice big check, just in time to make everyone’s holiday shopping a lot more exciting and fun.
Why search for precious metals with other people, instead of on your own? There are some great reasons. First, it is motivating and fun to start a shared precious-metals search. Second, you will end up with a larger quantity of items to recycle, which makes it more likely that we here at Specialty Metals can quickly recycle them promptly and send you a check. Third, you could end up discovering valuable items that you would have overlooked otherwise; when other people suddenly discover a silver plate or an old pair of eyeglass frames in their homes, you could suddenly remember that you own similar items too.
Here’s a Checklist
Here’s a checklist of precious metal-bearing items that are found in many homes.
Old items of jewelry . . .
Remember that even in a batch of what appears to be nothing but costume jewelry, there could be a few items hiding that are made of 14K, 18K or even 24K gold.
Old silverware and tableware . . .
It could be either pure sterling or silver-plated. Either way, it could be well worth recycling.
Old eyeglass frames . . .
As we have noted on this blog before, eyeglass frames that were made before about 1970 are often “gold-filled” rather than “gold-plated.” That means that they contain a much greater quantity of gold.
Trophies, commemoratives . . .
Newer items generally do not contain enough silver or gold to recycle. Older items, however, usually contain far greater quantities of precious metals.
Coin collections . . .
If they’ve been set aside for years, the chances are pretty good that you will find a quantity of silver or even gold coins that are worth recycling.
Mantle clocks, pen sets, cigarette cases, lighters and other old-fashioned decorative items . . .
Not that many years ago, it was common for small decorative items to be made of silver or – sometimes – plated with gold.
Form a Team, Start Looking, then Call to Tell Us what You Found
We are always available to discuss the precious metal treasures you have found. Call us at 800-426-2344 when you are ready.
Is this a Good Time to Sell My Gold?
Need Extra Cash for the Holidays? Why Not Recycle Your Precious Metals Now?
Why You Can Make More Money than Ever by Recycling Silver
Checklist of Places to Look for Precious Metals in Your Home