What is Precious Metal Refining?

Precious Metal Refining is an art form that dates back to Ancient Rome.

The classic fire assay process that is used for refining precious metals is the gold standard (no pun intended) method in the industry.

With a fire assay, precious metals such as gold and silver are separated from non-precious metals by fusion. When performed properly it has an accuracy of 1 part in 10,000.

Core Scientific goes a step further than the classic fire assay with their multi-step process:

  • Initial screening of your material
  • Primary melt
  • Inductively Coupled Plasma (ICP) – Mass Spectrometry.

Other materials like platinum, palladium, and low-grade materials need to go through a separate process ICP (inductively coupled plasma). In a nutshell, ICP ionizes the sample to isolate certain ions and identify them.

The benefit of working with a refinery that uses these cutting-edge, proven methods is they extract the most precious metals from your material. When you start to work with a refinery it is important that you find out if the refinery has an on-site laboratory. This is crucial as many “refineries” outsource the refining of the material. This equates to less money for you in the end.

To start working with a refinery that gives you the highest return, contact us at 877.308.2388 or via email at Melissa@core-scientific.com

What is Dental Scrap?

Dental scrap consists of the precious metal materials in dental sweeps, gold, silver, platinum and palladium crowns, bridges as well as porcelain fused to metal (PFM) crowns, inlays, on lays and caps.

Dentists, oral surgeons, and periodontist generate this material through dental extractions and other dental procedures in their work. Precious metals are quite common in dental extractions, and very valuable if collected.

By collecting this material, dental offices can generate an additional source of income to be used on new equipment, customer benefits, or employee perks – to name a few. We have talked to dental offices that have thrown away this material in the past, and now getting thousands instead.

It’s easy to get started with collecting dental scrap. All you need to do is contact us at 877.308.2388 or via email at Melissa@core-scientific.com to request a FREE collection container and shipping label.

We will provide you with the highest, most competitive return in the industry. Unlike the person that comes into your office, we can process and extract the most precious metal from your dental scrap. Which basically means you GET MORE on your refund.

8 Things Every Dental Practice Should Do Starting Today

  1. Collect their Dental Scrap

Did you know that by throwing away your dental scrap you are throwing away thousands? Yes, it’s true. This material is worth collecting. Plus it’s very easy to collect this material; all you need to do is request a FREE collection container and email or call when you’re ready to schedule your pickup. That’s all it takes!

2. Stop Using A Cash Buyer

A “cash buyer” if the person(s) that comes into your office asking to buy the dental scrap. This person is used by many dental practices because it is convenient. However, they are paying you at least 50% – 100% less on the dental scrap than what it is worth. Why are they paying you less? Simply because they are “eyeing” the material and giving you a rough estimate of what they think it is worth. The only way to know the true value of the material is to conduct a Fire Assay, and that is done in a laboratory. Plus a “cash buyer” needs to make a profit, and they typically pay you nothing or a little bit on the porcelain-fused-to-metal or “whitish” crowns. These do have precious metals, and in order to get the value for them, you should send them into a refiner.

  1. Ask The Right Questions Of Your Refiner

Asking the right questions is crucial when working with a refinery. You’d be amazed at how many refineries do not have an on-site laboratory or charge you fees for processing the scrap. It’s very important that you understand where your material is going and that they are providing you with the greatest value for your dental scrap. It may seem like “pennies” but in most cases, there is a difference of 50% or more in what they pay you for the material.

  1. Try Out A New Refiner

We understand many dental practices have a refiner in place, and we don’t want you to drop them. All that we encourage is that you try out Core Scientific. Actually, we suggest that dental practices test us out by separating out (equally) their dental scrap and send lot A to your current refiner and lot B to Core Scientific. 100% of dental practices that have tried us out this way have stayed with us. What other business would advocate for you to test us out in this way if we aren’t confident that your refund will be higher with us.

  1. Get Your Office Manager Involved

A lot of the dentists we work with transfer responsibility, of the dental scrap, to their office managers. This helps streamline the collection and shipping of the dental scrap. We encourage office managers to handle this material through our Office Manager Incentive Program. For more information please contact me at 877.308.2388 or via LinkedIn.

  1. Request A Free Collection Container

This is the easiest step in the process. All you need to do to request a Free collection container is to contact me either via Phone 877.308.2388, email info@core-scientific.com or simply go here and fill out the form.

  1. Schedule Your Pickup Time

Once you have filled up your collection container, all you need to do is contact me to schedule your pickup. You will have the return-shipping label already in the collection container. So all you need to do is place the shipping label on, and wait for FedEx to pick up. It’s that easy.

  1. Choose How To Use Your Return

Now’s here is the fun part. Figuring out how to use your return. Here are a few suggestions: employee party, customer giveaway, new dental equipment, advertising, donating to charity, updating your dental office, employee training, and certification – to name a few.

 

How You Can Increase Your Charitable Donation?

Life is all about making decisions and choosing the best option for our business and our community. Today there are a lot of choices to make, and sometimes you stay with the same company because “the salesman was nice” or “they gave me a good refund” or simply “they are a non-profit”. However, we rarely have the time to reflect on our choices and take a look at the final result.

That’s why I implore you; actually strongly encourage you to take a closer look at your current recycler. Why? Simply because this one step can make a great impact on the charity you donate your return to.

Charities make a difference both – Big and Small! From funds for flowers to be in every room at the hospice care or big changes such as the $220 million captured by the Ice Bucket Challenge for the ALS foundation.

Your charitable donation may be small, and even though that is making an impact, a larger donation can make an even larger impact. That’s why you should take notice that many recyclers are paying you little for your dental scrap, actually 50% less (in most cases much more). Yes “every little bit helps” but what if I told you that the 50%, you should have gotten, could have been donated to St. Jude’s for a family to visit their sick child or free mammograms for low-income women.

We have the power to make an impact in our community, and I encourage you to work with a recycler that will pay you for the full worth of your dental scrap – so you can donate the RIGHT amount to your charity.

If you’d like to learn more about us, please contact me today at 877.308.2388 or via email at info@core-scientific.com.

Aqua Regia & Stone Removal

You, like many other jewelers and pawnbrokers, use a stone removal service to either resale gems or diamonds, from jewelry pieces or create new pieces for customers. The best and preferred method used for removal of the stones is called Aqua Regia.

History of Aqua Regia

What you may not know is that this process dates back to 1300 AD. Aqua Regia (Latin for “Royal Water”) was first discovered by European alchemist Pseudo-Geber, when he mixed common salt with vitriol (Sulphuric acid). According to historians, this process was one of the ways that alchemists tried to find the philosopher’s stone. Which interestingly enough, is the legendary substance for turning mercury into gold.

Another interesting fact about Aqua Regia is that during WWII Hungarian chemist George de Hevesy took the Nobel Prize medals of Max von Laue and James Franck and used the process of aqua regia to dissolve them into liquid. He was able to keep them safe from the Nazis on a shelf in his laboratory, and following the war take the gold to be remade into new Noble Prize medals.

Today this process is used in refineries and laboratories to dissolve gold and platinum to extract gems and diamonds from jewelry.

Why is Aqua Regia the preferred method?

There are two main reasons why a jeweler or pawnbroker should make sure this process is used for their stone removal.

  1. The removal of the stones is done properly without damage to the gems or diamonds
  2. It reduces the likelihood of losing any of the stone materials

Typically when a refinery handles the stone removal, they have an on-site laboratory. However it’s essential you verify that the refinery handling your stone removal service has a laboratory on-site. Why? Simply because they have the methods in place to securing receive the material, conduct aqua regia, and separate out the stones for safe and secure shipping of the product back to you.

Request the full guide for Aqua Regia and Stone Removal by contacting Melissa Stark at melissa@core-scientific.com

 

Core Scientific – We offer a full-service stone remove process. Our on-site laboratory and cutting-edge technology allow us to remove gems and diamonds from gold, silver, and platinum. With the use of Aqua Regia, the chemical process, we are able to extract the stones in an efficient manner without risk to the quality and beauty of the precious and semi-precious gems.

5 Great Things To Do With A Higher Return

So you’ve saved all of your dental scrap and sent it over to us to refine, but now you don’t know what to do with all of the money you received on your return. Here are a few of the ideas that came to our minds as we sat down and put ourselves in your shoes.

Give Back

Whether it’s to your favorite charity or back to your community, your philanthropic opportunities are endless. Many of our customers here at Core Scientific give back what they make on their returns. Why not give the most you can by using a refiner that gives you a higher return than other precious metal refineries?

Office Parties & Outings

Letting your employees know they are doing a good job is a great way to boost motivation and morale. Throwing a party shows that you appreciate the work that they are doing. This may be a holiday party, birthday/work anniversary celebration, or just because! If an office party isn’t necessarily an option, you can always plan a work outing. Work outings can increase team building, drive sales, and recharge creativity. Either one is reasonable when you are receiving extra income at almost no extra effort.

Employee Bonuses

Over the past few months, you’ve noticed your employees are working extra hard in their roles. Giving incentive continues to motivate individuals to continue to go that extra mile. You can use your return as a bonus for your employees or as an incentive to reach their personal or the company’s goals.

New Equipment

If you or your office is looking to upgrade your equipment, this could be another idea to spend your return on. It can be challenging to be constantly trying to keep up with the newest technology and staying ahead of your competition. Let us help you by taking in your metal scrap and refine it, in order to get you the highest return possible!

Attend Conferences/Trade Shows

Conferences and trade shows are a great way to stay up to date with your industry and the trends that surround it. You get the benefit of seeing what your competitors may be doing differently from your business and can meet others who may be of use to you somewhere down the road. This may be an outlet that allows you to stimulate new ideas and network with like-minded professionals. The only downfall of attending one of these events may be the price that can be attached to it. Take advantage of our high returns and you can get more than just extra income if you decide to put it towards attending one of these events.

At Core Scientific, we give you higher returns than your average precious metals refinery. What will YOU do with your return?

Tips for Shipping Your Dental Scrap

4 Do’s and 1 Don’t For Shipping Your Dental Scrap Materials

Shipping your material to a refinery should not be a difficult process. You should be able to rely on your refiner to provide the logistics of your material to make sure it is securely and properly received.

Here are 4 Tips for Shipping Your material:

  1. Do ensure that your material is shipped in a secure and marked plastic container. Our collection containers contain non-specific labels, which means no one will be aware of it contents. It is sturdy with a secure top for shipping.
  2. Do include a packing slip and label on all containers. When we provide you with a collection container we include a return label for your convenience. Simply contact us when you are ready to ship or alternatively we can create scheduled monthly or quarterly scheduled pickups.
  3. Do track your shipment. Every shipment will contain a tracking number. Make sure to keep this tracking number handy so you can refer to it if needed.
  4. Do weigh your material. It’s very important that you weigh your material. Read more here about why you should weigh your material.

DON’T work with a refinery that does not provide you with paperwork on the receiving weight. We’ve heard many refiners do not provide paperwork on the weight of what was used and processed. Protecting yourself is important.

Giving Dental crowns back to the patients

Should I give the dental extractions back to the patient?

I have worked in this industry, for quite some time, and in my conversations with Dentists and Oral Surgeons, I advise against giving the extracted dental crowns back to the patients – unless they request.

These dental crowns, whether gold/silver crowns or porcelain fused to metal (PFM) crowns, should not be handed over the patient because a pawn broker:

1). Will not give them anything for the PFM crowns

2). Will give them very little on the gold or silver crowns

Simple, it isn’t worth their time to take them back. However, I understand if a patient requests them back. I’ve had dentists and oral surgeons actually collect the dental extractions; send them to refinery, and give the return back to the patient. In my opinion, this is a better option, only if a patient asks for the crowns back.

Contact us at info@core-scientific.com to help you with your dental extractions.

Tips For Collecting Porcelain Fused to Metal (PFM) crowns

Do you handle dental extractions?

Yes, then you have removed at least a few PFM crowns. If you are not collecting these crowns, you should be. Many of the dentists that we have spoken with have been throwing PFM crowns away unaware how valuable these crowns can be. Even more, they aren’t sure which PFM crowns to collect.

I’m here to help you determine which PFM crowns to collect.

PFM or “whitish” crowns, as they are commonly called, can contain precious metals such as gold, palladium and/or platinum. These metals are very valuable. Sometimes – like in the image below – you are able to see this metal once you extract the tooth. This makes it easy for you to determine whether to collect.

However, there are some PFM crowns that do not contain precious metals. They can be harder to differentiate without sending them in to the refinery. These PFM crowns (without precious metals) just contain the tooth with the porcelain overlay. However it’s important to let you know that if you’re unsure it’s always best to throw in everything. 

Again I want to emphasize that you shouldn’t be throwing away these crowns.

We’ve been working within this industry, for quite sometimes, and can help assist you if you have any questions about your PFM crowns. Contact us today at 877.308.2388. We are happy to help you.

Choose a True INDUSTRIAL refiner

Does your refiner work in only 1 industry?

Many precious metals refineries specialize in only 1 or 2 industries. While this may seem like an advantage to customers, it is not. Why? As markets rise and fall, companies still need to make a profit, and when they are specialized in only 1 or 2 industries they take larger margins to meet their own needs. This comes at a disadvantage to customers, like you. When a refinery works within many industries, they are diversified. They are able to provide the best returns to all of their customers, because their client base is across many various industries.

Another important reason to work with these refineries is they bring their state-of-the-art technology and high standard of processing to all of their customers. All of their clients benefit from this technology. They are also able to process various types of material as well.

In conclusion, work with a refiner specializing in various industries. Core Scientific, for instance, works within a variety of industries including dental. Learn more today by contacting us today at 877-308-2388.