96% of the fine gold contained (based on current market price determined on date of completion of order). Our turn around time for gold is 3 - 5 business days. Learn about our gold refining process More
90% of the fine platinum contained (based on the platinum spot price on the day your order is completed). Turn around time is 3 - 12 business days. Learn about our platinum refining process More
Palladium and Rhodium
We pay 80% of the fine rhodium contained and 85% of the fine palladium contained (based on the current market price determined on the date of completion of order) Turn around time is 3 - 12 business days.
Sterling Silver (0.925)
90% of the fine silver contained(0.925) spot (based on the current market price determined on date of completion of order)*. Some examples of 0.925 Sterling Silver are flatware, vintage trays and ware, jewelry, sterling solder, and scrap. Our turn around time is 3 - 12 business days.
Coin Silver (90%)
90% of the fine coin silver contained (minted prior to 1965) based on the current market price determined on date of completion of order*. Turn around time is 3 - 12 business days. Learn about our silver refining processMore
90% of the fine silver contained (based on the current market price determined on date of completion of order).Turn around time is 3 - 12 business days. Learn about our silver refining process More
Silver Electrical Contacts or any material that contains Cadmium
85% of the fine silver contained (based on the current market price determined on date of completion of order). Turn around time is 4 - 6 weeks. All other industrial silver groups that is less than 80% fine silver contained we pay 85%.Learn about our silver refining process.*, **
* Due to the current higher precious metal prices our turnaround time could take longer than normal.
** $1.10 per incoming ounce or $400.00 minimum charge to remove cadmium. Also minimum amount to ship is 15 pounds.
Northern Refineries is not liable for any gemstones left in mixed scrap jewelry. If valuable, please remove them prior to shipping.
How and Where to send your refining materials
Precious Metal Buyers is a division of
Please send your materials insured via UPS, FedEx, or USPS to:
29509 Sierra Point Circle
Farmington Hills, MI 48331, USA
ABSOLUTELY NO WALK-INS, BY APPOINTMENT ONLY
Special Instructions: Upon shipping material I warrant to NORTHERN REFINERIES LLC that any material offered for refining and sale is submitted with clear legal title.
Important: Include your name, address, phone number, e-mail address (if available), and driver's license or state ID number with the package. If your settlement is over $8,000 you can choose between a free one-ounce silver coin or free shipping. Remember to include your coupon.
See Also: Shipping Precious Metals Dos and Don'ts
Questions or comments?
Contact us for any and all of your refining needs.
Call toll free: (800)-882-7729
Telephone: (248) 231-2800
Fax: (248) 788-0430
How to host a successful gold party
With the growth of India’s middle class, demand for gold jewelry is already growing in the fourth quarter of 2014. Combined with China slowing down gold mining, prices for gold continue to climb upward. Every new smartphone and high-tech device produced also drives prices higher. The World Gold Council predicts gold prices to reach $2,500 per ounce by the end of 2015.
Modeled after the Tupperware parties of the 1980s, gold parties sprouted across the country once gold started to climb past $1,000 per ounce. After the recession of 2008, gold parties have become even more popular as more people are trying to find ways to augment their income. Below I offer you step-by-step guide on how to host a fun and profitable party.
Important!Make sure gold party is legal in your state. In some states (California, Georgia, and Virginia), gold parties are not allowed and some states require a permit. Read More
Silver parties can bring in some cash
It is calculated that humans excavated more than 800,000 tons of silver. According to Kitco, in the past twenty years prices for silver went from around $5 per ounce to over $20; reaching the all-time high of $40 earlier in 2014. If current trends of silver consumption for jewelry and industrial needs continue investment in silver will become very profitable.
Silver is used in creation of computer keywords, elevator buttons, and microwave control panels, iPad, iPhone, Android and other devices. Silver chloride can be found in batteries, and coatings for solar panels. Thin layer of silver on the glass, created mirrors and later helped create microscopes and telescopes. Every day, scientists continue to find new applications for silver. However, supplies of silver on Earth is limited and as demand continues its growth, popularity of silver parties where friends bring together their unwanted silver and get cash at the end of party will grow as well. Read More
Recycling Electrical Contacts Scrap
In order to ensure proper working conditions of electrical contacts they need to be replaced regularly as both electrical and mechanical wear occurs. Each device how has its own manufacturer-recommended maintenance schedule. Instead of disposing of worn-out electrical contact – collect and recycle them!
In order to recycle scrap electrical contacts you need to remove them first. Look for button-looking, shiny, circular object like the one in the picture below. Using a pair of vise grips heat the back of the contact until the silver solder melts and drop the silver contact into a bucket of water. Collect a minimum of 15 lbs. before sending it to the refinery. Read More
Silver industrial demand continues to grow, driving higher prices
In period between 1994 and 2014 prices for silver quadrupled, from $5.20 to $20.04 per ounce1. The highest silver price in these twenty years was $40.00! The silver price rise was driven mainly by investors looking for a safe investments during unstable economic environment. As we move into economic recovery, industrial silver demand will grow stronger, driving up the prices.
Historically, silver was widely used for jewelry and flatware. Every family has silver heirloom plates, dishes or silverware passed down to them from their ancestors. Silver jewelry was often worn by both men and women and was used to create intricate silver cigar cases, mirrors, necklaces, bracelets, and rings. With the development of photography at the end of nineteenths century and its popularization throughout the twentieth century the need for photographic flakes continued to grow. However, with the introduction of digital photography, photographic flakes demand reduced.
Silver is amazingly versatile metal and we use it in everyday products without realizing it. Items including iPad, iPhone, microwave oven, batteries and calculators all use silver. Airplane jets use silver because of its conductivity. Silver brazing and solder wire create superior, corrosion-free joints that’s very useful for refrigerators and faucets. In medicine, silver is used to help patients with burns and even fight certain strains of bacterial infections. Silver is also used to coat the solar panels and electric generators. Silver industrial demand will continue to grow well into the future, driving the prices higher. As this demand continues to grow, popularity of silver parties where friends bring together their unwanted silverware and get cash at the end of the party.
As natural supplies of silver will diminish over time, services of silver refiners will be in greater demand. At Northern Refineries, we are able to provide you with the 90% of recovery value for your scrap silver. We are able to refine the following silver scrap items:
- Sterling silver jewelry
- Sterling silver flatware
- Silver scrap
- Silver electrical contacts
- Silver coins and bars
- Photographic silver flake
- .925 sterling silver
- fine silver
- Silver earrings
- Silver bracelets
- Silver necklaces
- Silver flake from photo film recovery
- Silver sheet
- Silver wire
- Silver tubing
- Silver mesh
- Coin silver
- Silver solder
- Silver bullion
- Silver findings
- Silver dental crowns
- Silver caps and inlays
- Dental laboratory miscasts & scraps
- Antique silver items
- Silver coins and bars
Great deals for finding silver scrap that you can turn into cash can be found during garage sales, estate sales, or eBay. Using metal detectors as a hobby on the beach or at public parks can also lead to finding lost valuable jewelry and coins. Northern Refineries will buy silver scraps and send you cash in less than twelve days. Call us today to get your quote.
1 Silver prices taken from Kitco