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.

In December of 2008, gold prices outpaced platinum for the first time since the 1990’s.  The primary use of platinum is as a catalyst for the auto industry, so prices were depressed by a lack of demand for new vehicles.  At that time gold’s journey to new highs was driven by investors concerned with the increased debt load and deficits of the US and other Western economies.  In tough economic times, investors historically move to gold as a hedge against inflation or unrest.  

Since the price of gold overtook platinum eight months ago, gold has fallen to what is still a historic level.   And as more companies market gold in these trying economic times, we expect these trends to continue; however, gold prices can and will continue to fluctuate.  

Individuals holding gold bought at a fraction of today’s price continue to cash in and make impressive returns on their initial investment.  Our friends in the pawn, jewelry, coin collecting and even industrial and dental fields are acquiring and accumulating gold and other metals at a record pace.  As they accumulate more material, they turn to Manhattan Gold & Silver to process it.

Manhattan Gold & Silver serves only businesses with a need for a trusted recycler to melt, assay and refine their cache all with prompt payments at the highest rates.  We are proud of our twenty-five years of exemplary service and the trust of our customers.