Can I sell my gold directly to a refinery?

If you sell your items straight to a refinery you are able to cut out the middle-man and get paid much more for your gold. Precious metals refineries are definitely the best place to sell gold and Cascade Refining is indeed an actual refinery.

Where is the largest gold refinery?

REL has two refining facilities, Valcambi at Switzerland which is the world’s largest refinery with a capacity to refine 2000 tons of precious metals and another facility in the Indian state of Uttarakhand with a capacity to refine 400 tons of precious metals per annum.

How do you set up a gold refinery?

Gather your necessary supplies

  1. Battery charger.
  2. Ingot mold and gloves.
  3. Crucibles.
  4. Stirring rods.
  5. Flux.
  6. Electric gold and platinum tester.
  7. Simplicity gold and platinum refining system.
  8. Induction melting furnace.

Where is Asahi refining located?

Tokyo
Asahi Refining is the child company of Japanese Asahi Holdings. This corporation founded in Tokyo in 1952 has two major offices located both in Tokyo and in Kobe.

Is refining gold profitable?

Many people can make from $5000 – $25,000 in Profits PER MONTH from buying and selling scrap. As a matter of fact, most LCS, local coin shops, survive because they buy scrap below spot and sell it to refinery for around 98%-99% of spot….Can you make money refining gold?

MetalRefining Fee
Gold (Au)Karat DentalNONE

What is the best gold refinery?

International Refiners

  • Metalor Refining Group – Switzerland, USA, Hong Kong, China, Singapore (PDF 238kb)
  • PAMP SA – Switzerland (PDF 201kb)
  • The Perth Mint – Australia (PDF 181kb)
  • Rand Refinery – South Africa (PDF 194kb)
  • Tanaka Kikinzoku Kogyo K.K. – Japan (PDF 127kb)
  • Valcambi SA – Switzerland (PDF 207kb)

Can gold bars be fake?

Fake gold bars – blocks of cheaper metal plated with gold – are relatively common in the gold industry and often easy to detect. The counterfeits in these cases are subtler: The gold is real, and very high purity, with only the markings faked.

Which gold refinery is best?

How much does it cost to set up a gold refinery?

The new refinery, built up over 15,000 sqm, will cost USD$50 million. It will have a capacity to produce up to 2,000 tons; 1,400 tons of gold and 600 tons of precious metals such as silver, platinum and palladium.

Is Asahi refining legit?

For many long-time investors in the precious metals industry, the first products minted by Asahi Refining were eerily similar. While these specific bars from Asahi Refining are not good delivery products, Asahi Refining is certified as an LBMA responsible gold compliant company and as a London Good Delivery refiner.

Who are the gold buyers and silver refiners?

Gold buyers and refiners. Silver buyers and refiners. Platinum buyers and refiners. Palladium buyers and refiners. Precious metal buyers and refiners of karat gold sterling silver and platinum jewelry. Silver photographic flake industrial silver contacts platinum thermocouple wire platinum crucibles.

What kind of refinery is Manhattan Gold and silver?

Manhattan Gold & Silver is a family-owned, full-service precious metal refinery. With more than 30 years of experience, we earned a reputation among our clients for our expertise, high payouts, and fast processing times.

What do northern refineries do for a living?

Northern Refineries is a full service refiner of all precious metals. We buy, refine and assay all forms of gold, silver, platinum and palladium. We provide services to businesses such as jewelers, salvage companies, and the health care industry as well as providing individuals with the means to recycle old gold and silver jewelry and coins.

Which is the best precious metal refiner in the world?

In the field of gold refiners, silver refiners, platinum refiners and palladium refiners, Northern Refineries, family-owned and operated for 4 generations, surpasses the competition by providing our customer with honest, dependable, state-of-the-art precious metal refining services in our modern facilities.

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