Refiner Recommendations

[Romantic]

I run a gold & silver buying store. I have been using Dillon Gage Refiners but I seem to be getting some low payouts. I just sent in 143 troy ounces of sterling scrap. I tested every piece with acid and removed all weight and stones (except for perhaps a few tiny ones).

After melt they told me I had only 132 ozt. This means I lost 8% during melt.

Then the assay showed only 86.9% pure silver.

When all was said and done I ended up with just 80% pure on my sterling silver lot.

Do these numbers seem realistic?

I would love to hear others recommendations for a trustworthy refiner with good payouts.

Thanks!

 

[Noxx]

You can't be 100% sure unless you melted the lot yourself and assayed it.

What I can tell you though, is that my sterling normally assays for 90%-91%, considering it's not coins.

Where are you located ?

 

[Romantic]

East Tennessee

 

[Romantic]

I am sorry about posting twice but I did not know which category this belonged in since I want to "sell my PM" but there is a statement about no 3rd party advertising on any category except "Refiners, Buyers, Assayers, etc."

I am still in hopes of seeing some of the other users give honest opinions of the refiners they use.

Since you locked the other post in that category, could you put a link in that message to this message in case someone wants to post their recommendations?

Thanks!

 

[jimdoc]

Since you locked the other post in that category, could you put a link in that message to this message in case someone wants to post their recommendations?
Thanks!

I think most members read all the posts, and will see this one to comment on it.
That is why multiple posts are annoying. Having to read the question twice, and maybe answering a question to see later that it was answered on the double posting. A moderator can move a post if you or they feel you put it in the wrong spot.

Jim

 

[Anonymous]

Jim is right. I assure we will see it.