Dentists on the Front Lines of the Urban Gold Rush

Precious metals such as gold, silver, palladium and platinum, were regularly used in dental crowns. However this practice has decreased due to advancements in technology.

dental scrap, dental fillings

Today Dentists are noticing a rise in dental crown extractions as they reach their life expectancy. This provides dentists with a unique opportunity to recycle, and sell these precious metals. Currently only a small percentage of dentists are taking advantage of this. Dental crowns contain three to four precious alloys in varying amounts. These dental crowns can be recycled and sold to a refinery, and then receive a monetary return based on weight and current market value.

There’s also a concern for the environmental impact. These dental crowns used to be thrown away, ending up in landfills, and lost forever. DentistryIQ.com puts it simply, “It is far more costly on our wallets and environment to mine an ounce of gold than it is to recycle it.”

Recycling your dental crown scrap is as easy as collecting and shipping it.

About Core Scientific

Core Scientific, an industry leader in precious metals refining. Request your FREE shipping kit today by clicking here.

Sources

http://www.dentistryiq.com/articles/2013/12/recycling-dental-office-precious-scrap-metal.html

Gold: The crystal ball for the health of the U.S. economy

According to investors, the U.S. economic health is often reflected in the price of gold. When gold prices are high it signals the economy is not healthy. Why?

Well, investors purchase gold as protection from either an economic crisis or inflation. When investors think the economy is doing well, they will buy less gold, driving the price of gold lower. Savvy investors monitor the price of gold very closely.

The first week of September has seen gold hit a new two-month low. Does this signal the economy is doing well? According to CNBC, portfolio managers see a rebound coming soon. Chad Morganlander, portfolio manager at Stifel Nicolaus, states, “We believe that it will continue to go higher and for the short run.” Furthermore he predicts gold to have an annual return between 4 to 6 percent over the next five years.

What could be attributed to the rise in gold prices? It seems the weaker-than-expected U.S. employment report on Friday is driving gold prices. The dollar-denominated gold commodities have obviously found support from a slightly weaker dollar as investors lowered their expectations about the timing of the next rate increase, stated by Resourceinvestor.com.

Yahoo Finance interviewed Fed Chair Janet Yellen who said on Friday the case for higher rates was strengthening, while Vice Chair Stanley Fischer later suggested a hike could come as soon as September. Fischer added in an interview on Tuesday that the U.S. job market is nearly at full strength.

Now’s the time to watch gold commodities; timing is important to get the best return on your gold metal scrap.

About Core Scientific

Core Scientific, an industry leader in precious metals refining. Request your FREE shipping kit today by clicking here.

Sources

http://finance.yahoo.com/news/gold-near-two-month-lows-023804891.html

http://www.cnbc.com/2016/08/31/gold-hits-two-month-low-but-portfolio-manager-sees-a-rebound-ahead.html
http://www.forbes.com/sites/kitconews/2016/09/06/weak-u-s-data-pushes-gold-silver-prices-sharply-higher/#2a279d4b5c5e
http://www.resourceinvestor.com/2016/09/06/precious-metals-shining-brightly
https://www.thebalance.com/gold-prices-and-the-u-s-economy-3305656

Weight: Why is it important?

Do you weigh your dental scrap? If you answered no this article is for you.

Weighing your dental scrap is important because it protects you. Why, because it’s the only way you can verify where you’re getting the best return. For the same reason why you wouldn’t go into a bank with an envelope of cash, and have the bank count it, without counting it first, yourself. Knowing what you have is key to making sure you’re working with the best refiner.

We have worked with thousands of companies that were ‘duped’. They received far less on their dental scrap, and sadly didn’t even know it. For example, one customer sent to ‘Company A’ 10 oz. and received $1000, and sent approximately the same 10 oz. to us and received $2500. That’s not a small discrepancy; it’s a LARGE one.

They heard, “well it’s because they never run the same”. That would be true if it varied by a couple hundred dollars but not that large of a discrepancy.

So, how can you protect yourself?

  • Weigh out your dental scrap before you send it to your refiner
  • Make sure your refiner sends you a notification on the incoming weight of your dental scrap
  • Ensure the paperwork clearly states the weight of what was processed
  • Find out if processing is done on-site, so you aren’t working with a middle man

We’ve heard many refiners do not provide paperwork on the weight of what was used and processed. By weighing it yourself, you know exactly what was sent and received. Also if you choose to send equal amounts to say ‘Company A’ and us, you’ll find out which refiner is paying you the best return.

It’s all about protecting yourself, and ensuring you work with a trusting, reliable refiner.

Try us out, by clicking here for a complimentary information kit.

Top Reasons Why Dental Acid Testing is Ineffective

DENTAL ACID TESTING IS INEFFECTIVE.

Acid testing is a common way to distinguish how much gold is present in a simple jewelry alloy.  This method is inappropriate for dental alloys because the composition is more complicated.   For example, Platinum and Chrome will react to an acid test in the same way.  They both will have a neutral reaction.  Platinum is a valuable precious metal, and chromium cobalt is an inexpensive base metal.

Any acid test on an alloy containing Platinum Group Metals will be thrown off by this typical reaction.  Platinum is found in older crowns, but Palladium also responds in this way.  Other base metals will convolute the acid test and there’s simply no telling how without an assay (analysis) .

The alloys need to be refined so that an assay can be conducted.  This is the only sure way to know how much of each precious metal you’ve got.

Is Dental Gold 16K?

WHAT IS THE TRUE VALUE OF DENTAL GOLD?

Gold has been used in dentistry for thousands of years.  Higher grade gold is soft and would not survive a career of chewing, so dental gold is typically said to be around 10 – 16 karat.  This estimate isn’t entirely true because dental restorations use not only gold, but alloys.  An alloy is a mixture of two or more metals.  The original dental alloy is gold-silver-copper.  Since then, platinum group metals (PGM) have been used for their superior strength and their resistance to tarnishing.

In fact, some such ‘gold tooth’ alloys are silver-copper-PGM, using little or no gold!  These alloys are made in any one of thousands of dental labs in different combinations.  Refining a dental replacement means separating metal from non-metal, and it also means separating the different metals from the alloy.  A refiner who accepts dental crowns should be willing to specify how much of each precious metal is recovered.  It simply isn’t all 16 Karat gold.

Your Porcelain Fused to Metal May be Very Valuable

PORCELAIN FUSED TO METAL

Do you have collections of porcelain fused to metal?  They may be very valuable.

Although Porcelain has no metal in it, it is being used to veneer an alloy that contains gold, silver, palladium or platinum.

And since there are as many dental labs out there, as there are ways to lose a tooth, there are many metal combinations being manufactured.  A refiner can’t tell you, for sure, what precious metals are in a porcelain-fused alloy without refining them.

A refiner can melt down and remove the non-metal material. From that process comes an ingot (a solid bar) of metals. After this we use a chemical processes to recover each precious metal, one by one.  It’s fun.

Keep your porcelain-fused materials, in a collection separate from your PRECIOUS METAL EXTRACTIONS?  Some of what you send to your refiner will be base metals. And some of it will be gold, silver, palladium, and sometime platinum.

George Washington’s Dentures

When Washington was inaugurated in 1789, he had only one tooth left in his mouth.  He had experienced dental problems for most of his life, and the replacements available were a source of constant stress and pain.

George Washington Teeth Dentures
click photo to enlarge

WERE THEY MADE OF WOOD?

The surviving complete set of his dentures include a spring assembly to keep them suspended open.  So he had to constantly clench his jaw to keep his mouth shut.

BUT WERE THEY WOOD?

They bulged out and changed the shape of his face.  On the dollar bill, you’ll see this  puffiness.  It’s the same on Gilbert Stuart’s famous unfinished portrait.  The dentist who made his dentures was John Greenwood.  When Washington’s final surviving tooth was pulled, it was gifted to Greenwood, which he kept in a small container on his watch chain.

THE WOOD!  WERE THE REPLACEMENTS WOOD?

Wooden dentures were developed early on in Japan, and continued to be manufactured until the early 18th century. Only the first wooden dentures were entirely wood.  Modeling was done in beeswax.

Were Washington’s dentures wood?  Were they cut from off his old cherry tree?  No.  Over the course of his life he has several sets, but the materials used ranged form human and cow teeth to elephant and walrus ivory.  While Washington would never leave home without his tooth scrapers and brushes, the ivory used would stain easily giving them the look of a wooden grain.

Accurate Precious Metals Analysis

Does your refinery rely on x-ray alone?

Core Scientific Provides Accurate Precious Metals Analysis.

Our precious metal analysis and melting techniques reflect the highest possible standards for accuracy and consistency.

The goal is to reclaim the maximum amount of precious metals for our customers. We maintain a high client retention rate due to our accurate process analysis.

Our in-house laboratory is equipped with state of the art technology, including the use of Atomic Absorption Spectroscopy and ICP Mass Spectrometry. We combine these technologies with tried-and-true fire assay for maximum accuracy.

Our competition’s fast and cheap x-ray methods can mean a margin of error of up to 2%!

 

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