Gold Refining Process and Payments – Sell Your Scrap Gold

Have scrap gold that you are looking to turn into money or pure gold bars?

With the ability to both refine gold and create hand poured bars in-house we are able to offer industry leading scrap prices.  Many other refineries can only do half of this process and therefore pass the additional costs onto the consumer and pay less for your gold scrap.

We accept many forms of gold items, and have created a list below to show some of the most common things we handle on a day-to-day basis. Generally the only form we will NOT accept are items that are gold plated. If you have any questions about the process or the eligibility of your items you can contact us by email here, or call us at 970-797-0435.

Accepted Forms of Gold
-All karats of gold: 9k, 10k, 12k, 14k, 16k, 18k, 20k, 22k and 24k
-All colors of gold – red (rose), yellow, and white
-Placer and natural nugget gold Lumps of unknown gold/melted gold alloy, dental gold Broken jewelry in any condition.
-Gold coins
Scrap Gold Payment Rates
-Less than .5 oz 90%
-Less than one oz 95%
-1-2 oz 97%
-2-7 oz 98%
-7-10 oz 98.5%
-10-50 oz 99%
-50-300+ oz 99.3%

Step One: Examination and Recording

First your gold order is looked over to be sure that it is gold. Non gold items are pulled and separated if easy and noticed and can be returned.

Step two: Metal Verification

The gold is them melted into a homogenous bar so the alloy is even for assay and testing.

Step Three: Test and Assay

Assay work is started to determine the exact gold content so you can be paid for the values.

Step Four: Refining

The gold is then prepared for purification. The surface area is expanded and alloy corrected for optimum refining results. The Gold is dissolved in a chemical solution based on its composition and selectively precipitated out of solution rinsed and melted to give us 999+ gold, Industry standard is 995 but we take it further.