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Gold Refiners


Refineries can give you cash for your unwanted jewelery. A lot of people have old scraps lying around or stored that they never use and instead of it sitting around going to no use, people can get cash for this unwanted and unused jewelry. Everything is assessed and priced by the refineries in which a complex process is made in determining the price one receives. Many factors determine the price.

Gold refiners are in the business that accepts used or any other form of gold jewelry which is then refined and reused or sold to jewelers to make new jewelry. Refiners are actually recycling your old scraps. They melt the old scrap pieces down and reuse. Depending on the weight of the piece and the worth of the gold determines the price you get from the refinery. Refineries may accept all types of precious metals as long there is gold in them. You may only get the worth of the gold in the material, but you may want to ask before sending the materials off.

Gold is melted in a very hot furnace and additives such as soda ash and borax is added to separate the materials to determine what actual gold is. The process of assaying is then done to see the exact value of the gold. One of the processes they may do or use is the Fire Assay and Inductively Coupled Plasma Spectrometry equipment to determine the quality and quantity of the gold and may also rely on the X-Ray Fluorescence machine.

You may wonder what types of gold can be refined. There are many types, such as; old coins, scrap gold, gold bars, materials that have gold in them, old gold jewelry, old dental fillings, rings, bracelets, gold bullion and so forth. Some of the things not accepted are; gold plated items, silver products and computer parts. There are limitations of what a refiner will accept.

You can find many online Gold Refineries on the internet which will tell you what types of gold they accept and the services they provide as well as how they go about processing your gold. It is in your best interest to do some research and ask questions before sending in your old scrap gold to be refined. Get some details on pricing and other possible materials they may accept before mailing in your used jewelry.

You can get more details on gold and what to look for when in the market of selling your gold, whether it is old jewelry or actual gold bars. The link that is provided here will aid you in knowing what to look for and how to avoid being cheated. Go to a great network to learn more about investing your gold. It will be worth your time and may prevent you from jumping in without knowing what to look for.

If you need a kickstart to your gold investments then take action and leave the rest behind.

Article Source: http://EzineArticles.com/?expert=Richard_Saunders_II
 

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