Trying to figure out the best way to sell my gold as a just a hobbiest

Mike18436572

Member
Joined
Jan 4, 2021
Messages
5
Look up elemental.com. I looked it up and they have an office in Kansas City. I sell palladium and it’s a lot harder to find a buyer for palladium than it is gold by far. I called the closest office to me which is Chicago. They can’t buy from me because I’m not a dealer. But he set me up with his premier store that pays the most. With palladium the bid price is way less than the adk price because of the more involved processing. He pays the store 90% and the store takes 4%. So I get 86% of spot for the Palladium. But when I sell him gold I get 96%. 98% for silver. 75% for Rhodium. It’s worth a phone call to see if your office has a specific dealer to send you too. Before he sent me to the dealer the first time the guy at elemental had me come to his office to run what I had through the XRF to make sure I didn’t have junk. My first batch was 99.1%. I’ve since got it too 99.999% and they welcome my business. Hopefully your local Elemetal office is as helpful as mine.
 

rickbb

Well-known member
Joined
Apr 4, 2013
Messages
1,336
Location
Central NC
Elemental.com takes me to an AWS site to sell web sites and software, not to a place that buys gold and such.
 

mymindbeing

Member
Joined
Mar 21, 2016
Messages
10
Location
Wichita, KS
As a dentist I’ve been using Garfield Refining. (Garfieldrefining.com)
I’ve sold my dental scrap there for over 17 years now. In dental school I’d get the old gold crowns and melt them together and send the button. Back when gold was 1/3 of its value now, it would pay for flights back home or groceries or Christmas. Now I just send it all as is, teeth parts, glue, fillings inside, whatever. They melt it all down and assay it and give you the value of Au, Ag, Pt, Pd. You can send in old junk jewelry or sweeps too. They don’t process eWaste though.
You can request check or bullion. Of course they take off 5% for processing, but consider cost of doing it yourself. They are friendly to call and ask questions or email.
Thanks.
Thank you
I will check it out! :)
 

Mike18436572

Member
Joined
Jan 4, 2021
Messages
5
Oh sorry. Lmao. Yeah I spelled it wrong. Elemetal. Look for locations. Then you’ll see Kansas City. It gives their address and number. Mine in Chicago is great. The first time I went there he ran it through the xrf, melted it for me then ran it through again. Then set me up with one of his customers because he couldn’t buy from me because I don’t have a dealers license. Since it’s a 2 hour drive for me he even lets me call ahead and lock in a price. You don’t have to do that as much with gold, but palladium can go up or down $100 an ounce in 2 hours. Right now palladium is in the dumps for multiple reasons and I’m sitting on 15 toz waiting for it to come back up a little.
 

Benjaminwesley

New member
Joined
Nov 22, 2021
Messages
3
Location
Alabama
It’s hidden most of the time but check for Goldbugs on FB. We buy and sell quite a bit of unmarked gold there. Just need a pic of the gold, the XRF report and a pic of your name and the date.
 

Mowrey

Member
Joined
Feb 19, 2020
Messages
7
W.E. Mowrey Refing in Minnesota is a well respected company that will deal with the public and professionals.
Mowreygold.com
651-646-1885
 

Swissgoldrefiner

Well-known member
Joined
Jan 14, 2021
Messages
53
If you have large volume gold and link to big refiner, you got usually this kind of offer:
100 USD for assay, any amount....for 1 kilo batch or for 10 gr batch.
Then around 0.10 USD to refine: 14K you pay 0.10 22K you pay 0.10...so better you send higher purity.
The paiement should be around 100-150 USD under the kilo spot price.
 

Mowrey

Member
Joined
Feb 19, 2020
Messages
7
We will pay
Mowreygold.com

for purity over 35%
Au: 92%
melt and assay fee is $50
 

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