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Stop by to visit us in the Diamond District, our headquarters are at 45 West 47th Street (Exchange)

Manhattan Gold and Silver - Family Operated Since 1985 Member of National Pawnbrokers Association NYSA
Precious Metals Refining Blog

The Manhattan Gold & Silver Shipping Gold Process

9. July 2010 04:44
Just because you don’t live in New York, doesn’t mean you can’t take advantage of Manhattan Gold & Silvers services.  We accept shipments of scrap gold and other precious metal by mail every day.  When located outside of driving distance to our facility, we make it a very simple and efficient process to ship your gold.  Something we have been doing for years.  The typical procedure works as follows.  

Step one is to establish an account with us; this requires basic customer information, company name, address, and etc.  Simply call and we will fax over customer forms.  We recommend putting a packing slip in the shipment, make note of your weight and any other special details.  When labeling your package we recommend you address it as follows:

Manhattan G & S
Ground Level
45 W 47th Street
New York, NY 10036

Once we receive your gold, it is then checked against the packing slip to verify the weights are correct.  The gold is then melted or hand tested depending on the customer’s preferences.  We also recommend getting set up with bank wires.  Typically the lot is settled on the same day and the funds are wired into your account.  This certainly speeds up cash flow so you can buy more gold.  For more information please visit www.mgsrefining.com or call us at 212-398-1454.

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General

Gold Refining Services

13. January 2010 08:36
Gold refining services are essential to industries that use gold everyday. When gold is used in industry, there is scrap, dust and other parts of the gold that are not used.  With the price of gold rising steadily, it would be a huge waste of money, for these industries to let even the smallest amount of gold go to waste.

Over time when this scrap gold accumulates, industries need gold refining services.  Typically the gold dust or unusable gold is sent to a refining center where it is tested, weighed, melted and then turned into bricks. The company that sent the gold is then sent money for whatever the gold is worth.
 

At Manhattan Gold & Silver, gold refining services are our top priority. We use the best equipment and process to ensure that the pay-out to the client is as much as it can be.  Some of the processes we use include hand testing, melting and assaying.
Depending on how large the lot of gold is that is sent, determines which type of test we will conduct.  Smaller lots sent for gold refining services will be hand tested, while larger amounts will be melted and assayed to determine the purity of the precious metal.  After the gold is tested, it is melted and then turned into bricks.  Our Flickr account page has a few pictures of some of the steps involved in our gold refining services.  

For nearly 25 years, Manhattan Gold & Silver has been proud to be the trusted source of precious metal recycling services for jewelers, pawnbrokers, dentists and industrial users.