What is the value of your dental gold?

Remember the “gold rush” well dentists; oral surgeons and periodontist are on the forefront of today’s gold rush.

Gold is the universal monetary standard and any amount of dental gold is valuable. Even an ounce can generate a good return!

Even though gold and commodity prices do fluctuate, depending on the market, they are still high. At Core Scientific, we continue to give the highest return for dental gold in the industry.

With over a decade of experience in the dental refining industry, we have received some common questions about the value of dental gold. They are:

  • Is there a certain time that I should send in my dental gold? Anytime is a good time to send in your dental gold. When you work with a refinery that gives you the highest return time is not a concern. If you have dental gold send in your material now and get started.
  • Why should I send in my dental gold to Core Scientific? Transparency and Trust! These are our greatest attributes. We provide you with a receiving weight and a processing weight. This is important because it provides you with a standard for your return. We do not hide or take the value for ourselves. The value of the gold is yours – and that is why our customers continue to trust us to give them the highest returns possible.

Do you want to get the full value for your dental gold? Contact us today to request your FREE collection container at 877.308.2388 or via email at Melissa@core-scientific.com

Can you sell PFM crowns?

Selling PFM Crowns

YES! You can definitely get paid for porcelain-fused-to-metal (PFM) crowns. Some dental offices believe they can’t sell PFM’s so they either throw them away or give them to a “cash buyer” for pennies on the dollar.

Sadly, these crowns can be worth a lot of money. A refinery, like Core Scientific, will process these crowns using their advanced, cutting-edge laboratory to extract the most precious metals from the crowns.

We have worked with Dental offices that received a few dollars for these crowns. However once they collected and shipped to Core Scientific they received a refund 100 times more (yes, that’s right….100 X MORE, if not more) than their previous refund.

Send in your PFM crowns to Core Scientific and receive the highest return. Stop getting a few couple dollars for this material, and get A LOT more!

To get started with Core Scientific contact us at 877.308.2388 or via email at Melissa@core-scientific.com and request a FREE collection container.

Can you sell gold crowns?

dental scrap, dental fillings

YES, you can definitely sell gold crowns. However, the value of your return depends on whom you sell your gold crowns to. Many dental offices will sell their gold crowns to a “cash buyer” or the person who comes into the office. These individuals will give them a couple hundred dollars for the material, however, it’s worth lot more. This may seem like a lot for this material, but you are getting paid much less than you should be.

 

Why is that? Well, a cash buyer is giving you a refund based on their “guesstimate” of the gold value in your gold crowns. The crowns may consist of 14 Karat or even less. These cash buyers will give you money based on the lowest karat amount. This way they can still get their share. It’s difficult to know the exact karat amount without a laboratory. That is why you should collect this material and send to a refinery with an on-site laboratory – like Core Scientific.

 

At Core Scientific, we will provide you with the highest competitive return in the industry for your gold crowns. Stop getting a few couple dollars for this material, and get A LOT more! To get started with Core Scientific contact us at 877.308.2388 or via email at Melissa@core-scientific.com and request a FREE collection container.

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.

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.

Why your refiner should have an in-house laboratory?

Choose A Refiner with an on-site laboratory.

This may come as a shock…. but a lot of “refiners” send your material out to another refinery (like us), with an in-house laboratory, to be processed. Simply, having “refinery” in their company name doesn’t mean they have an on-site laboratory.

Now that the shock has worn off!

Why should you check to make sure your refiner has an on-site laboratory?

There are a variety of reasons why:

  • You get a higher return. Many refiners have a processing fee or charge that go against your return. By having an on-site laboratory to process your material, refiners can eliminate or reduce these charges. This puts more money back in your pocket.
  • Your material is safe and secure. Your material is more secure when there is only one destination point. I heard many of our customers say that their material was lost after it was shipped to the laboratory (off-site).
  • An expert lab technician is working on your material. It’s important that an on-site lab technician is working on your material and communicating any necessary information to you in real-time. This is an added benefit for you.

Work with a refinery that has a state-of-the-art, in-house laboratory. Contact us today to learn more about Core Scientific.

The Rise of Platinum and Palladium

Precious Metals: Platinum and Palladium

These metals have been used in the auto industry and in high-end jewelry for a long time. Recently, we have seen an increase in people investing in these two precious metals. This is due, in part, to how rare platinum is, and the abundance and industrial uses of palladium.

According to JM Bullion, “Because of [Palladium’s] similarities with platinum and generally cheaper price, palladium shares the market with those seeking to buy platinum. The price of palladium is volatile and unpredictable — giving investors ample opportunity for speculative profit.”

Palladium is a great way to invest in precious metals but at a low cost. Plus there’s a wide gap in price between palladium buyers and sellers. Preciousmetals.com says, “Palladium saw the greatest increase in value over the period from 2010 to 2014 when compared to Gold, Silver, and Platinum. The precious metal went from an opening price per ounce in January of 2010 of $419 and closed 2014 with a cost of $815 – nearly double.” 

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The Ongoing Trend

Since early 2016, this trend has continued to rise with platinum and palladium. According to a recent article, Platinum takes the limelight from gold with the best month in four years, platinum has been up 12% since July, putting prices on track for the best month since 2012 and Palladium are even better, jumping 17%, the most since 2008.

The drive in these two metals is attributed to better auto sales in China, as well as concerns over labor practices in South America and loose monetary policies from banks around the world.

Analysts have speculated the demand for these metals will rise, in the long term.

Sources: http://www.jmbullion.com/investing-guide/types-physical-metals/platinum-vs-palladium/

http://www.preciousmetals.com/blog/2015/01/palladium-cheap/

http://www.mineweb.com/news/platinum-group-metals/platinum-takes-limelight-from-gold-with-best-month-in-four-years/

The Changing Price of Gold

Gold Prices: Will they go back up?

Over the past few months, everyone has been closely following the fluctuating price of gold, and recently we’ve seen the price decline in the US.

According to TheWeek.com article, “The gold price closed at a five-month low at the end of New York trading on Nov. 22, dropping to $1,216 an ounce, according to the Wall Street Journal. Falling again in London on Nov 23, down 0.9 per cent to a shade above $1,206 an ounce.”

Two things have triggered this decline: a boost in the dollar and the likely rise to interest rates, a first in more than a decade.

According to Citibank, “America’s greenback is enjoying its fastest rise in 40 years. Over the past eight months, the U.S. dollar has strengthened dramatically against all the world’s other major currencies.”

Furthermore, Janet Yellen of the Federal Reserve recently hinted at a rise in interest rates to go into affect this year or early 2017.

As stating in a recent Nasdaq.com article, “this precious metal is sensitive to moves in the U.S. rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar in which it is priced.”

Gold is typically considered a safe investment. Investments in the yellow metal are usually made to hedge against global economic uncertainty. Since gold, as an investment, only offers capital gains, an increase in US interest rates tends to lower the demand for gold and shifts investors to interest-linked securities. That is what we are seeing now.

In our over 10 years of experience we understand that markets are always changing. However if this trend continues gold may continue to go down, before it goes up. Which is why we don’t want you to lose money, each day, by holding onto your scrap. Request a container today here.

Sources: http://www.nasdaq.com/article/gold-hovers-at-6-month-lows-on-stronger-dollar-cm711068#ixzz4QqiqB7Tz

http://www.forbes.com/sites/greatspeculations/2016/11/18/why-have-gold-prices-declined-in-recent-weeks/#169d077c264a

Jewelers See Business Transformed with Gold Metal Scrap

As gold prices rise to their biggest annual gain since 2010, some jewelers are seeing their business transformed by selling their gold metal scrap. Jewelers are purchasing more gold than ever before. “When there’s an increase in the gold price, people take notice, and bring in their jewelry”, Mark Hicks, the owner of Farringdons, a Jeweler in the Hatton Gardens gold district of London.

gold metal scrap

A stronger dollar, used in most bullion transactions, has made selling gold more attractive. This is especially true for countries where currencies have weakened, such as the UK. According to Mineweb.com, “When bullion tumbled as much as 45% from a record in 2011, the amount melted at refineries fell, reaching an eight-year low in 2015, World Gold Council data show.

But in the first six months of the year, recycling is up about 10% from the same period in 2015, heading for the first annual increase since 2009, Gold Council data show. Prices have jumped 26% in 2016, touching a two-year high of $1 375.34 an ounce in July, and had their biggest first-half rally since 1974.”

This practice has proved lucrative for jewelers who collect their gold metal scrap and send it to a refinery. The return on their investment is typically around 40% or higher. This is especially true for jewelers that work with a reputable, trustworthy refinery.

Sponsored by: Core Scientific

Sources: http://www.mineweb.com/news-fast-news/old-rings-are-treasure-as-gold-rally-revives-scrap-recycling/