Home > categories > Minerals & Metallurgy > Copper Bars > If I melt down my gold scraps to gold bars who can I sell the bars to? Is there some sort of Gold Bank?
Question:

If I melt down my gold scraps to gold bars who can I sell the bars to? Is there some sort of Gold Bank?

I don‘t want to sell my gold to those gold for cash places/websites because I will only get a fraction of the gold‘s market value. If I melt down my own gold scrap to gold bars where can I sell the gold bars for Gold‘s true market value?Where or whom do modern day gold prospectors sell their gold to?Thanks.

Answer:

really you dont have to go that far, i sold some scrap silver to 123 PMR, there is midwest refineries in Michigan, and some others, just type in gold refineries and that will get you the result you want, personally i would recommend midwest, they have no minimum order so that would be best for you.
You know I had a 18 year old son that had that same problem. When he got tired of buying tires, he figured it out!! I believe it was a case of the Lead's Foot's, and the Around's The's Corners's Too's Fast's. A couple thousand's later and he was cured. lol
Its useful quite due to the fact that her tires don't seem to be thoroughly inflated. Just your drives guide, or at the facet of the drivers door for a way a lot psi must be in ALL four tires. Not an excessive amount of nor too little. simply what it says.
No, that would be inefficient for a variety of reasons. 1) You can't just walk up to a smelter and hand in your metal. 2) You lose the value of the metal having been refining, formed, stamped. 3) 24k gold is too pure (too soft) for jewelry use. That means you do 2 transactions, perhaps getting a slightly better deal if both are with the same jeweler. 1) Sell the metal. 2) Buy the jewelry.
Anybody who wants to buy your gold bars will have to assay them, heaven only knows what is mixed in with the gold. White gold is only 75% gold, for example, the rest is silver and copper. Best would be to find a cash place that will work with you and not charge you assay fees with every batch.

Share to: