Choosing The Best Precious Metals Refiners

There's no doubt about it: the worldwide economic recession coupled with the severe

weakening of the US dollar has led to a drastic upswing in the value of precious metals. If you are a business that deals in scrap gold or regularly has valuable sweepings on site that you are not capitalizing on, you may not be getting the value or service you need in precious metal refiners. Here's what to look for in choosing the very best refining company to put more ready cash in your pocket and boost your bottom line.

A leading company with plenty of experience

Many new refineries have been popping up all over the nation and the world in the last year or so, lured by quick cash and the current allure of the precious metals market. Beware those who claim to be the "newest" on the block: they simply will not have the same amount of experience as long-standing precious metals refiners who have been in business for 25 years or more. An experienced company will know how to eliminate the middle man, pass on the savings to you, and optimize your scrap metal and sweepings to your benefit.

A wide array of services

You will always get the best deals from a company that offers a wide array of services to businesses dealing in both small and large lots. It should offer refining, smelting, and assaying services all under one umbrella and know how to do it right.

Open door policy

Be wary of those precious metal refiners who do not allow their customers access to their refining facilities. As with paper shredding companies, you want to know where your sensitive and valuable assets are at all times and what is being done with them. The very best refineries will maintain an open door policy and will allow clients to accompany their materials such as scrap, bench sweeps, polishing dust, etc from beginning to end. You should always be in a position to see for yourself that everything is on the up and up and being done right.

Variety of paying options

Because every business operates differently, choose a refiner that offers you a variety of paying options: one of which is just right for you. Whether you prefer cash, check, certified check, wire transfer, bullion, bank drafts, or even a trade, you should be able to select exactly what you want.

There really is a difference in precious gold refiners: don't be fooled by fly-by-night shops. Instead, look for companies that fit the above criteria and you can trust that you are getting the best return on your investment and that your materials will be refined properly.

by: Art Gib

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