What you need to know to start refining your jewelry
Are you thinking about sending your jewelry to a jewelry refinery? If you have any doubts about how refining jewelry works and which jewelry refinery to choose, you have come to the right place. Keep reading to learn everything you need to know to start refining your jewelry.
Looking for the best jewelry refinery?
Jewelry refinery is the way to find the value of your jewelry scrap
First, you might want to know how much you will get paid for your jewelry. Even though the final price of the jewelry will be determined by the jewelry refiner after the melting and assay, which accurately tells you the amount of precious metals present, you can get an estimate of the price if you have some data about the jewelry.
For example, if you have gold jewelry you want to refine and know the karats, you can use our karat calculator to estimate your potential returns.
Beware of plated jewelry, which is only covered in gold or other precious metals, but its core is made of non-precious metals, so it’s not worth the process of refining. You can recognize this kind of jewelry using a magnet; plated materials will usually be attracted by it.
Can I sell my jewelry directly to a refinery?
How do jewelry refineries work?
Here’s a quick explanation of the refining process:
- Send your jewelry, and it gets checked in.
- If the jewelry has precious stones, these are removed.
- The jewelry is melted to separate and recover the metals on their pure forms.
- Then it’s time to assay the molten metals to know how much they are worth.
- And finally, the settlement; you get paid based on the results of the assay.
If you want to know how the whole process works, check the details in our precious metal refinery article.
What is the best jewelry refinery?
Most companies will tell you that they are the best jewelry refinery in the industry, but to actually prove it is a different thing. Find out what to look for on the best precious metal refining company here.
You need to know that accuracy is a top priority on jewelry refining, so you should look for a refiner that uses the latest process and assay technologies. For example, at Core Scientific, we use a superior melting process to obtain the most precious metals present in your jewelry, and we use fire assay, ICP-MS plasma, and atomic absorption to test your materials and to get the most accurate results, so you will be paid accordingly. Check our unique process and technology here.
Also, we are a specialized jewelry refinery and a leader in the industry of precious metal refining. We hold ourselves at the highest standards of transparency and are committed to getting the highest returns to our clients.
If you are ready to start refining your jewelry with the leader of the industry, get in touch with us! We will be happy to guide you through the process.