Blog Why Sell Your Dental Gold to a Refinery?

Why Sell Your Dental Gold to a Refinery?

How do you handle your dental scrap disposal? When your practice or lab is ready to recycle, it’s vital to get the best value for the palladium and gold in your dental bridges, crowns, and PFMs.

Cash for Gold vs. Refineries

Cash for Gold
Testing & Paying:
Most cash for gold stores, gold buyers, and online gold selling services don’t actually refine your gold. The reason they claim to offer quick “evaluations” is because they’re just estimating your material’s value.

Most cash-for-gold businesses use something called the “weigh-and-pay” method. Your materials are placed on a scale and valued at an extremely conservative estimate.

This “on-the-spot” payment inevitably results in a lower payout – sometimes cents on the dollar. The problem with “weigh-and-pay” and other common processes like “pay-per-crown” is that they don’t account for varying amounts of gold or palladium in each item.

Since cash-for-gold businesses can’t refine and test dental bridges, gold crowns, or PFMs for precious-metal content, they must sell your dental scrap to a refinery to get any value out of it. This cuts into your profits and puts what would’ve been additional income for you into their pockets.

Testing & Paying:
Precious metal refineries can use one of many scientific methods to determine the value of your dental scrap. Some refineries, including Garfield, perform an industry-accepted melt and assay. Extracting precious-metal content in this way ensures a proper evaluation, whereas the bulk payment options employed by cash-for-gold stores and gold buyers guesstimate value.

After the assay process is complete, a trustworthy refinery will give you a copy of the report, which details the raw breakdown of gold and other precious metals in your shipment.

More than 129 Years of Satisfied Dentists
Garfield Refining has been voted Dentaltown Magazine’s “Best Scrap Refiner” for the past 10 years. When you submit a refining order, one of our account executives will update you at every step of the process. We’re always here to assist you—from the time your shipment arrives to the moment we deliver your payment offer and assay report.

If you’re ready to sell your precious metals, click here to get started with Garfield today!