The precious metals value in dental scrap fluctuates according to commodity markets, but the value remains consistently high. So, what’s the best place to sell dental gold? Selling scrap to a reputable precious metals refinery will ensure you get the maximum payouts.
Many of the alloys used to make dental fabrications contain gold or other precious metals like silver, platinum, and palladium. Precious metals refineries help dentists, dental assistants, DSOs, and dental laboratories sell their scrap for extra revenue. Unlike cash buyers, who typically weigh and pay, a reputable refinery will assay and evaluate the composition of your dental gold to ensure you’re getting the value from all the precious metals in your shipment.
Do Your Research
When looking for the best place to sell dental gold, do your due diligence on the company. Since dental scrap refining is an often overlooked aspect of professional dentistry, many practices aren’t picky regarding who they are selling to.
Look at the company’s online reviews, website, and social media to ensure they are a reputable refinery. Legitimate vendors are already established in the dental community and have been in business for decades.
If there’s a good number of positive reviews, there’s a high likelihood that the vendor you are researching is a good one.
Sell to a Real Refinery
As precious metals prices rise, there’s been an upswing in the number of companies willing to buy dental scrap from you. The best place to sell dental gold is always to a refinery specializing in precious metals.
Companies who dabble in dental scrap refining but don’t deal in precious metals full time might be underpaying you for your material, as they have other business operations they are more heavily invested in.
Some companies will pay you cash on the spot for your dental scrap by offering a “weigh-and-pay” approach. The company puts the scrap on a scale and guesses how much it’s worth. While it’s tempting to grab the quick cash, dental offices could lose a ton of value for their material. These companies then sell to a refinery, like Garfield, and keep a portion of the profits.
A legitimate refinery uses a scientific melt and assay process to determine the exact composition of precious metals in your dental scrap. Melting and assaying ensure you get paid the most for the gold, silver, platinum, and palladium in the dental scrap.
Call the Refinery
Once you do your research and find a good choice, give the refinery a call during their business hours. Ask whatever questions you have about the process. Some great questions to ask are:
- Do you offer free shipping?
- How long will it take to get my payment?
- Is my material insured?
It’s a red flag if the refinery that you’re calling does not know the answers to these questions. If they can’t answer these questions, it’s also probably indicative of the kind of service you’ll receive from them. Don’t do business with a company that never picks up the phone or always sends you directly to a voicemail during their business hours.
Sell your Dental Gold to Garfield
Garfield Refining has been voted North America’s “Best Dental Scrap Refiner” by Dentaltown, a leading dental magazine, for the last 10 years in a row. Unlike other refineries, Garfield relies on the relationships we’ve developed with dental professionals over our 129-year history.