Fabulous FREE training for jewelers!

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Jan 082015
 

download Lots of us set goals for the New Year. Many of us include a business goal in there somewhere, and even if we’re not ‘resolution’ makers, most of us have some goals or ideas of what we want for our jewelry business in 2015. It’s human nature to dream but if you want success, you need to have a goal and you need to PLAN.

For many of us creating is second nature, it’s a drive we can’t turn away from – but it’s also become VERY apparent that for many of us, the business side feels like a chore. It’s mysterious and overwhelming.

But it doesn’t have to be.

I have been hearing about Flourish & Thrive all over the place. They are getting GREAT feedback and come highly recommended as a jeweler’s business training academy.

So how awesome is it that they are holding a free (YES! FREE!) training series —  starting TOMORROW!

Tracy and Robin have 40 years (combined) experience that has led them to success not only in their business but their overall lives ~ I personally can’t wait to hear their tips and tricks to help grow my business because let’s face it – while I LOVE to create and would do it no matter what – it’s really critical that the time I’m investing ‘pays me back’.  It can’t be a dark hole. I’m ready to get my jewelry out there and I know many of you are too.

Even if you don’t plan on turning your jewelry into a profitable business (but really — why not??) you’ll learn a lot from these two. And if you are a struggling jeweler, discouraged by lack of sale, or trying to figure out your direction – DON’T WAIT.

Go sign up NOW! 

You don’t want to miss it! This is the start of a FABULOUS new year for you! ONWARD and UPWARD!

Keep climbing…..

Orangedivider

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Sep 022010
 

One thing that we all deal with is scrap. Whether its botched work, or filings, or those little wire snips and bits; we can accumulate a lot of ‘scrap’ metal.

Some people use their scrap for sand, broomstraw, water, or other casting at home. A bit of the scrap metal can often be used as embellishments on new pieces of jewelry, but at some point, most of us will end up with a bag, box, or even bucket full of metal.

What do you do with it?

One consideration is to send it in to a refiner and have them either give you ‘cash back’ (a check) or a credit on a subsequent purchase of metal, tools.

How do return programs work?

Basically you are going to package your scrap and send it to a refiner and they are going to either give you cash back – or a credit on future purchases.

You will need to separate your scrap. Remove any stones, organize it by metal type, and in some instances, remove any soldered parts. Each refinery has their specific instructions, read carefully or call to find out how best to ‘clean’ and package your scrap.

Then you send it in, usually with a form specific to their company, but sometimes with a note. They will log, weigh, assay, weigh, check current spot/market prices, and then do some math to calculate your return.

Who has the best prices?

That seems to be the million dollar question.

Return prices vary from company to company and then each one usually has different prices within their own system which are determined by the amount you send in, whether you want cash or trade, and how quickly you want it turned around (rush or standard?).

In addition, some companies have refining fees, surcharges, etc that will affect your return. It is in your best interest to ask before hand about any and all charges/fees.

To help get you started, we have researched a few companies and have created a list of their current scrap return/refining rates.

These are listed alphabetically and do not necessarily include the surcharges or refining fees. If you have another company to recommend or someone you want us to check out, please use the contact tab above to let us know!

  • G&S Metals

http://www.gsgold.com

  • Silver Scrap buy – 90% – credit acct. 90%
  • Silver/Bars/Coins – 95%
  • Gold Bars/Coins – 95%
  • Platinum and Pd – 90%
  • Argentium Silver – 90%

  • Hausser and Miller

http://www.hauserandmiller.com/

< 150 oz 81%

> 150 oz 98%

  • High Tech PMR

http://www.hitechpmr.com/

gold – 98%

silver – 92%

platinum – 92%

you need their patriot act form to open an account

and they have a shipping form that is downloadable on their website

you can send both at the same time with your first shipment and then just the packing slip for future shipments.

  • Hoover & Strong

http://www.hooverandstrong.com/
will accept mixed material, however, separating scrap is recommended.

NOTE: there are refining fees of anywhere from $1.00 to $1.25 an ounce.

Silver:

> 90% fine silver  65 – 85% depending on weight and return time requested

<90% pure silver 65-70% depending on return time requested

Gold:

> 25 % fine gold  94-98% depending on quantity and return time requested

10-24% fine gold 94-95%

<10% 89-90%

Platinum or palladium

> 90% 89-96% depending on weight and return time requested

  • Midwest Refineries

http://midwestrefineries.com/

sterling scrap  90% of pure sterling assay

  • Monsterslayer

http://www.monsterslayer.com/

Sterling/Fine Silver Sheet, Wire & Precious Metals Clay (PMC) Scrap:
75 % of the current Silver Market in Trade or

we will pay 60 % of the current Silver Market in Cash.

Soldered, Brazed, or Melted Silver Scrap, Clean Filings, Chains, and Old Jewelry with quality marking:
55 % of the current Silver Market in Trade or

we will pay 45 % of the current Silver Market in Cash.

12k-14k Gold Filled Findings, Sheet, & Wire Scrap:
1.2 % of the current Gold Market in Trade or

we will pay 1.0 % of the current Gold Market in Cash.

Example: 1.2 % of a $ 1,000.00 Gold Market = $ 12.00 per OzT.

  • Rio

http://www.riogrande.com/

Credit

Fine silver and cadmium-free sterling silver*75%

Cadmium-bearing sterling silver (requires special refining) 65%

Silver dust 40%

Minted fine silver coins and bars from Rio Grande 98%

Minted fine silver coins and bars not sold by Rio Grande 92%

Gold-filled ( at least 12/20 ) 1.89% total weight

24K gold ( Jeweler’s karat gold scrap )**  75%

Minted 24KY gold coins from Rio Grande 98%

Minted 24KY gold coins not sold by Rio Grande 92%

Platinum*** 60%

Palladium**** 60%

Check

Fine silver and cadmium-free sterling silver*65%

Cadmium-bearing sterling silver (requires special refining) 65%

Silver dust 40%

Minted fine silver coins and bars from Rio Grande 98%

Minted fine silver coins and bars not sold by Rio Grande 92%

Gold-filled ( at least 12/20 ) 1.89% total weight

24K gold ( Jeweler’s karat gold scrap )**  65%

Minted 24KY gold coins from Rio Grande 98%

Minted 24KY gold coins not sold by Rio Grande 92%

Platinum*** 60%

Palladium****  60%

  • Thunderbird Supply

http://www.thunderbirdsupply.com/

unsoldered silver

80% of the for trade or

60% for unsoldered silver for cash

scrap jewelry or soldered pieces:

60% for trade

fine silver coins and bars

90% for trade or

85% for cash.

For gold-filled scrap
cash or trade 1.45%
[$900 gold market, ($900 x 0.0145 = $13.05) gold-filled scrap would be worth $13.05 per ounce.]

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~

CANADA

Handy & Harman Precious Metals Group

http://www.handyharmancanada.com/

800.463.1465to speak with a Scrap Recovery Specialist

[note, I called and could not get through – press 3 for refining dept. then 1 if you are a new customer. The extension went into voice mail which said not to leave a message but to try another number which is – 416-419-3114 – I didn’t call because I’m not local! ]

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~

UK

Cookson Gold

http://www.cooksongold.com/

Has a scrap metal chart similar to a live market chart – updated frequently but may not be accurate…

http://www.cooksongold.com/metalprices/

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Download list as a PDF document


                                                                                                                                              

If you have other refiners we should add to the list, please use the contact tab above to let us know, we’ll verify and then update!

                                

                                                                                

                              
:)

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