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Fournines

Well-known member
Joined
Mar 9, 2009
Messages
228
Location
New York City
Hello everyone,

This is my first post on this forum and wanted to introduce myself. I'm going through and reading as many topics and postings as I can to become acquainted with everyones' interests. I can tell that the members of this forum are serious about refining and dealing with honest individuals and companies.

I represent one of the largest gold refiners in the United States, and we're interested in buying your gold. I have only found one reference to our company on this board, which doesn't surprise me. It has only been within the past year or so that we have been buying scrap gold from individuals and smaller scale operations. Our company has been in business for 30 years, and refines and recycles materials from the Jewelry, Mining, Electronic, and Industrial sectors.

I have read that some of you have had terrible dealings with some "refiners", and it would be my goal to ensure that you have a positive experience with our company. There are only a handful of real refiners in the US, and most places that claim to be refiners are still merely middlemen.

Without knowing how much gold someone wants to sell, we will pay 95% for gold scrap - we will even pay for your shipping and insurance to send it to our offices.

For amounts under 1500dwt we would purchase it "over the counter". Meaning we will weigh the gold, acid test all of it, and send you a check (or bankwire, or other payment options, etc). The gold price would be based on the 2nd London (PM) price the day after we receive the material (unless prior arrangements are made), and would have payment back out to you within a few days of that.

For amounts over 1500dwt, we would purchase it on a melt/assay basis. The gold is melted down, a molten pin sample is taken, and then either a fire or xrf assay is performed to determine gold content. This takes an extra day or two.

We can pay a higher percentage for amounts over 1500dwt on a melt/assay basis - larger volume shipments make a difference.

For those of you who are refining your own gold, we would need to perform an assay on your bar to determine its actual purity before issuing final payment.

Again, I know that this is my first post here, and might be met with some skepticism. I would be happy to address any questions or concerns that anyone may have.

Best Regards,

Matthew
 
Hello Matthew.

You didn't mention the name of your company. Thirty years in business there is a good chance someone here has had some dealings with your company.

Who do you represent?
 
One of the largest gold refiners... but you dont mention the companies name....

J&M ? Engelhard ?

or CashForGold ?
 
qst42know said:
Hello Matthew.

You didn't mention the name of your company. Thirty years in business there is a good chance someone here has had some dealings with your company.

Who do you represent?

Wow that was careless of me! It looks like I did forget that important piece!

Republic Metals Corporation. www.republicmetalscorp.com

We're located in Miami and have offices in NYC and California.
 
aflacglobal said:
Exactly what is your title Matt and where do you fit into the company :?:

Welcome to the forum. :wink:

Thanks, glad to be here!

I work on the account management and buying/selling side. I operate out of our NYC office, but I'm frequently on the road visiting and working with clients. I've been with the company since last year, but I've personally known the CEO/Owner for many years.

I've spent the last two days with our Vice President in the MJSA Expo at the Jacob Javits Center in NY representing and promoting the company (and picking up some new clients where possible).
 
Tried you site,

It would freeze everytime I tried to set up an account. 95% for scrap gold, any higher for 99.999 say gold jeweler's shot? I am also interested in your fees / prices per pound/ton pf low grade circuit board material.

Nick
 
It is good to see the kitty posting again, especially on this thread. Go Go Gadget, go.
 
seems the same happened to me when trying to open a personal account. Then I just used my llc co. name and no problem. Hope that helps.
Tmj
 
I'm going to get in touch with our IT dept today and see if they are aware of any issues with registration via the web portal.

Regards,

Matthew
 
I also tried to do an individual account. Its a Dead link page with a vertical grey line on left side. The link just goes to a "picture" GIF file.
 
I've notified our IT dept as to the issues that are going on, but I haven't heard anything back yet.

I do see that the "Quick Individual" application link goes nowhere. You might just want to fill out the applicable parts of the individual or corporate accounts worksheets anyhow.

Please let me know if anyone else is having problems with the site or any other concerns.
 
Fournines said:
Hello everyone,

This is my first post on this forum and wanted to introduce myself. I'm going through and reading as many topics and postings as I can to become acquainted with everyones' interests. I can tell that the members of this forum are serious about refining and dealing with honest individuals and companies.

I represent one of the largest gold refiners in the United States, and we're interested in buying your gold. I have only found one reference to our company on this board, which doesn't surprise me. It has only been within the past year or so that we have been buying scrap gold from individuals and smaller scale operations. Our company has been in business for 30 years, and refines and recycles materials from the Jewelry, Mining, Electronic, and Industrial sectors.

I have read that some of you have had terrible dealings with some "refiners", and it would be my goal to ensure that you have a positive experience with our company. There are only a handful of real refiners in the US, and most places that claim to be refiners are still merely middlemen.

Without knowing how much gold someone wants to sell, we will pay 95% for gold scrap - we will even pay for your shipping and insurance to send it to our offices.

For amounts under 1500dwt we would purchase it "over the counter". Meaning we will weigh the gold, acid test all of it, and send you a check (or bankwire, or other payment options, etc). The gold price would be based on the 2nd London (PM) price the day after we receive the material (unless prior arrangements are made), and would have payment back out to you within a few days of that.

For amounts over 1500dwt, we would purchase it on a melt/assay basis. The gold is melted down, a molten pin sample is taken, and then either a fire or xrf assay is performed to determine gold content. This takes an extra day or two.

We can pay a higher percentage for amounts over 1500dwt on a melt/assay basis - larger volume shipments make a difference.

For those of you who are refining your own gold, we would need to perform an assay on your bar to determine its actual purity before issuing final payment.

Again, I know that this is my first post here, and might be met with some skepticism. I would be happy to address any questions or concerns that anyone may have.

Best Regards,

Matthew
 
I am a new refinerer and I need a outlet to sell my already refined gold and can anybody give me some advice?
 
Please let us know your questions/concerns. There are many knowledgeable people on this board who would be happy to address any issues!
 
Matt,

I still cannot open an "Individual" account through your website. I can get the info page if I select Business account, but it just stops when I select "individual".

I could use my employer's business Id, but I would rather not.

Thanks,

Nick
 
Hi Nick,

I'm not sure why it is taking so long to get that link fixed.

I would just suggest filling out the entire form and faxing it in, as you might have to do that down the line anyhow.

http://www.republicmetalscorp.com/NewIndAcct.pdf

Regards,

Matt


nicknitro said:
Matt,

I still cannot open an "Individual" account through your website. I can get the info page if I select Business account, but it just stops when I select "individual".

I could use my employer's business Id, but I would rather not.

Thanks,

Nick
 
I am in a position of looking for a reliable place to sell my refined gold. If anyone has used these guys yet, I would appreciate a recommendation or any reason to disqualify this company. I am moving to Florida soon so Miami is a good thing. But a real transaction experience would be greatly appreciated.
Jasin
 

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