Only OLD LEDs have PMs. Once you get to LEDs used in Christmas lights, they're the incredibly cheap modern forms.I've been collecting LED's from various electronic circuit boards, and have found that there are silvery looking LED's and others that look golden. The best way to determine the bonding wire used (especially on super small chips) is a simple digital microscope with display you can easily find on Amazon. Any silvery or copper wires I toss.
Looking through the scope I soaked the COB LED in some simple label remover solvent and determined the bond wires used are copper. Christmas light LED's and backlight LEDs are copper as well.
Basically, LEDs beyond the year 2000 can be assumed to have nothing of value. So few will have anything worthwhile, you're not losing anything by trashing them. LEDs on old circuit boards, however, can have those nice gold bond wires that simple pyrolizing and ashing protocols can recover.