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Anyone ever dealt with these guys??

Gold Refining Forum

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Windir

Member
Joined
May 14, 2010
Messages
11
ok so, im not at the point quite yet of needing a refiner for the karat scrap ive been accumulating and i have done a forum search but didnt find anything regarding this dallas based refiner whos site i stumbled across. i live in the dallas area so it makes that much more sense to just go with ARA (probably still going to) for my refining needs (this is isnt the only place ive gotten nothing but positive vibes about them, so i figure i cant lose). just wondering though if anyone has heard anything or better yet, actually dealt with Central Jewelry Refining, who is also here in dallas? apparently they offer a great payout as well ...in all areas it seems. what caught my eye esp that i find to be....well, not good for what im doin because im lying now when i say to people "theres no one in the area with a storefront that will offer more for your gold than an individual buyer with no overhead like myself can"...granted, im not into the gold party thing (yet) so they arent a direct competitor, but they say they payout market value at their gold parties, which i find curious... although, i dont know if they are taking 6grams from whoever wants to sell scrap or not, but it seems as though they have thier hands in more than any other refinery ive seen so far....

yeah, i know...im starting to turn a simple question into several...anyway, i dont like link dropping...esp when it could result in stepping on toes (hesitant to plug someone who might rip me off if i let em)...only reason i ask in the first place is because they do 90% on platinum and silver....so, anyone dealt with em?
 
Just because a refiner says they will pay a certain percentage doesn't mean that that's what you will get. Very often, refiners quote low charges just to be competitive but, when settling, the numbers are not what was promised. If all refiners were honest and actually paid what they promise, we wouldn't be having this discussion. About all you can do is gather testimonials, positive or negative, from those who have dealt with a specific refinery, and then make your own decision.

Were it me, I would probably ship to ARA. The reason being is that everything (almost) I have heard from people that have shipped to them has been good. So, unless I start hearing some negative reports about them, I would use them. Finding an honest refiner is a very rare thing.

Unless some reports start coming in, Central Jewelry Refining is an unknown at this point. They may, or may not, be honest. According to their website, they pay 98.5% for gold. Do they truly pay that or, have they just picked that number to compete with their local competitor, ARA, who pays 98%? Who knows? About the only way to get an accurate comparison is to melt, sample, and assay your material and then ship half to ARA and the other half to CJR, and see which one treats you the best.
 
goldsilverpro said:
Were it me, I would probably ship to ARA. The reason being is that everything (almost) I have heard from people that have shipped to them has been good. So, unless I start hearing some negative reports about them, I would use them. Finding an honest refiner is a very rare thing..

Thanks GSP and others who have recommended ARA, I spoke with John on their toll free line and I left from our conversation with a feeling of confidence, any metals that I sell in future are going South of the 49th to ARA.

Their toll free line is available to all Canadians which shows me that ARA is serious about doing business making themselves available and accountable.

American Recycling Associates
2431 Walnut Ridge St.
Dallas, TX 75229
Phone Number: 1-800-216-9796
Fax Number: 972-620-9962
Email: [email protected]
Alternate Phone: 972-620-6020
[email protected]
[email protected]

Best Regards
Gill
 
gustavus said:
goldsilverpro said:
Were it me, I would probably ship to ARA. The reason being is that everything (almost) I have heard from people that have shipped to them has been good. So, unless I start hearing some negative reports about them, I would use them. Finding an honest refiner is a very rare thing..

Thanks GSP and others who have recommended ARA, I spoke with John on their toll free line and I left from our conversation with a feeling of confidence, any metals that I sell in future are going South of the 49th to ARA.

Their toll free line is available to all Canadians which shows me that ARA is serious about doing business making themselves available and accountable.

American Recycling Associates
2431 Walnut Ridge St.
Dallas, TX 75229
Phone Number: 1-800-216-9796
Fax Number: 972-620-9962
Email: [email protected]
Alternate Phone: 972-620-6020
[email protected]
[email protected]

Best Regards
Gill


Wonder if they would buy that puny button I have..ROFL yea in my dreams. 8)
 
I found it interesting that in Hokes Book , Refining Precious Metals Wastes she recommends that you have your bank do a complete credit report on whom you are preparing to sell your metals to.

It's a very good idea and not a suggestion to be taken lightly these days when a hand shake means little to nothing. Sell your goods to the wrong person and you could find your life savings squandered unnecessarily over trusting someone at face value when under the skin is treachery and deceit waiting for the next sucker to come along.

So far it's sad to say that I have not found a Canadian buyer that I could trust with thousands of dollars worth of my precious metals. I do not think any are willing to step up to the plate with personal and financial information leading to a credit check before commencing with business. If so state your peace here on this forum this is a good starting point in building trust and not passing off some BS for in place of good faith.

As GSP says Money Talks BS walks. Let us see some credit reports for the Independent Brokers and Companies we're selling to.

Best Regards
Gill
 
At least now we have the world wide web to look up info on buyers.
And forums like this to help find out the honest and dishonest ones.
In the forties that was probably Hoke's best option with the credit report. Its probably still a good idea in these times also.
Jim
 
barren realms said:
Wonder if they would buy that puny button I have..ROFL yea in my dreams

Probably. They probably couldn't afford to assay and run it separately, as in larger lots, but I would guess they would try to inexpensively estimate the purity as well as possible and treat you fairly.
 
gustavus said:
I found it interesting that in Hokes Book , Refining Precious Metals Wastes she recommends that you have your bank do a complete credit report on whom you are preparing to sell your metals to.

As GSP says Money Talks BS walks. Let us see some credit reports for the Independent Brokers and Companies we're selling to.

Best Regards
Gill

no kidding, how come none of you experienced guys mentioned this yet?...thats a good idea...probably because it hasnt or shouldnt have been necessary to check up on your refiner in such a way. i dont know. dont think im going to be bothering with assaying my material just to keep the refiner honest. ill just go with whos got the best reputation and we know who that is...

i am curious about what kind of losses are supposed to be considered normal at the end of the process...i saw a post awhile back that pertained to this, couldnt find it. but i figure its clear that you lose a certain amount, nominal i would hope, for example...i could mathematically come up with a number based on my closest estimates in what im giving them to refine....0.583 x 300g = Xdollars and so on...i know its not quite that simple.

for sure, i need to look into this some more, and yeah, get my hands on a tri electronics tester (good thing im gettin into this slowly and not buying piles of 18k tested with an acid kit, heh)....thanks for the responses guys!
 
dont think im going to be bothering with assaying my material just to keep the refiner honest.

Whatever. Before I send anything anywhere, I certainly want to know the absolute value of what I am sending. The ONLY way to do this is to melt and and assay it. I've been doing this for so long that I know you can't trust ANYONE 100%!! Also, when the refiner gets a bar with drill holes in it, he knows that you know the value of what you sent him.

As far as any electronic tester is concerned, I would certainly put more faith in testing with a touchstone. I don't think there is an electronic tester out there that can compare with a touchstone, in the right hands. When dealing with precious metals, the lazy people always lose.
 
For instance how would you feel selling your precious metals to an Internet entity ( website )that only had a cell phone number and a P.O Box for a mailing address. The P.O. Box is what cracked me up, how secure is a Post Office Box at Box's Are Us.

Ms. Hoke certainly had her thinking cap screwed on the right way and we have less reason to be trusting today than she had back in the 1940's when people did business on a hand shake.

You never know what kind of people are doing business behind that beautifully crafted website.

Best Regards
Gill
 
goldsilverpro said:
dont think im going to be bothering with assaying my material just to keep the refiner honest.

Whatever. Before I send anything anywhere, I certainly want to know the absolute value of what I am sending. The ONLY way to do this is to melt and and assay it. I've been doing this for so long that I know you can't trust ANYONE 100%!! Also, when the refiner gets a bar with drill holes in it, he knows that you know the value of what you sent him.

As far as any electronic tester is concerned, I would certainly put more faith in testing with a touchstone. I don't think there is an electronic tester out there that can compare with a touchstone, in the right hands. When dealing with precious metals, the lazy people always lose.


yeah, i kinda knew you were gonna say that, haha. youre exactly right and i agree. maybe i dont know enough about assaying but i know it requires things that would cost me more moneys. in the future, if and when things get rockin and rollin and im able to invest a little in order to do these things...you know what i mean im sure. at this point, i just plan to go down and speak with the folks at ARA, let em know i found about them on forum, let them know what im doin and whatnot....everything should be fine.

the electronic testers give you a specific reading as to the percentage of gold in the piece do they not? in an a 14k piece for example it may read 0.581 or even 0.565 or whatever if its 13.5k? this is what i thought at least...therefore giving me an accurate estimate as to the actual gold content. doing this with acid, you really gotta look closely and estimate.....haha, i think although yes, i am new to this and gaining experience slowly but surely therefore your responses, advice and comments are most appreciated.

one of these days im sure ill be in debt to some of you for saving me time and money....hell, i already am because i probably wouldve bought another lot of fiber cpus from ebay thinking there are worthwhile to recover from, haha. as it is now, i only wasted a few bucks since the one lot i got did have three 486 and an cyrix that are supposed to actually have SOME yield, even though i have a lot to learn still before make that attempt... this forum is invaluable for us new guys and i appreciate that.
 
maybe i dont know enough about assaying but i know it requires things that would cost me more moneys.

I didn't mean that you would need to set up your own assay capabilities. There are plenty of commercial labs that will assay it, some for maybe $50. I was doing karat gold assays for $25 but am no longer in business.
 
goldsilverpro said:
maybe i dont know enough about assaying but i know it requires things that would cost me more moneys.

I didn't mean that you would need to set up your own assay capabilities. There are plenty of commercial labs that will assay it, some for maybe $50. I was doing karat gold assays for $25 but am no longer in business.
If people are willing to post their assays to the UK i recommend Guardian Laboratories they charge £10 for a gold assay and £15 for a gold and silver assay,good lads and easy to deal with if anyone wants their number pm me.
 
gustavus said:
For instance how would you feel selling your precious metals to an Internet entity ( website )that only had a cell phone number and a P.O Box for a mailing address. The P.O. Box is what cracked me up, how secure is a Post Office Box at Box's Are Us.

Ms. Hoke certainly had her thinking cap screwed on the right way and we have less reason to be trusting today than she had back in the 1940's when people did business on a hand shake.

You never know what kind of people are doing business behind that beautifully crafted website.

Best Regards
Gill


Gill,
I was just saying that the web gives users faster easier way to check out a company than was possible in Hoke's time. If you google a company that is not trustworthy, you should find a lot of complaints. Yes,I agree, the web is full of cheats also. And you can't trust a website to be what it looks like. You at least need to do some searchs to investigate before you send any material.
I agree also about the business on a handshake deal in the forties.
You probably had far less dishonesty in those days, and people actually worried about going to jail, or ruining their reputation.
Now it seems like crooks get away with everything, just because they can.

Jim
 

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