Any business that uses precious metals in processes, manufacturing, fabricating, or creating parts, components, or finished products requires a precious metal refiner. These refiners buy the waste and scrap pieces of precious metals, providing an assaying, smelting, and refining service that adds to business revenue.
When choosing between the different precious metal refiners, there are three key mistakes to avoid. Choosing wisely when working with a refiner ensures a business will have a trusted partner to handle precious metal waste on an ongoing basis.
Mistake 1: Not reviewing feedback
The leading precious metal refiners have years of experience in the industry. They have several testimonials from business owners in different industries on their website.
These refiners are also highly rated on independent forums such as Yelp, Google, and other platforms. Be sure to review the comments of past and current business owners who are using the refiner to see what you will experience.
Mistake 2. Not Assaying the Precious Metals
Reputable and reliable precious metal refiners invest in the equipment to assay the precious metals before offering a price. Professional assaying is a sign of transparency and ensures that your business is receiving the best price for the quality and composition of the precious metals.
Mistake 3: Not Understanding Payment Options
Precious metal and gold refiners offer payment in different ways based on their business models. For most business owners, having an immediate estimate of the value of the scrap precious metal and being paid the same day is an important consideration.
When it comes to precious metal refiners, Bay Area Metals is highly rated and experienced and offers the maximum value for precious metal scrap. To learn more, contact us today.
