Precious Metals Refining Blog

NEW Ship & Sell Feature – Discounted Shipping Labels

17. May 2012 03:40

Our dedicated customers are sure to know all about our Ship & Sell feature that lets you send us your precious metal scraps – even if you’re not in Manhattan.

To start using Ship & Sell, all you have to do is create an Account with us and then you’re on your way to printing new mailing labels each time you have a new lot of precious metals to ship to us. We only purchase metals wholesale, serving jewelry, pawn and industrial companies. Having an account with Manhattan Gold & Silver will help us quickly communicate about the status of your lot, whether you are in New York City or not.

Now, Manhattan Gold & Silver has partnered with G4S International Logistics to provide you with discounted shipping labels with insurance included (FedEx or UPS). Shipping and insuring gold or other precious metals can be expensive and put a dent in your return. However, by taking advantage of our partnership with G4S, you can use our Ship & Save feature to get the maximum payout for your long distance transaction. To get your discounted shipping label, simply:

  • use this link
  • Enter your Company Name and Email Address in their respective fields and click “Submit” 
  • Read and accept the Return Shipment Terms and Conditions. Click Continue button.
  • Now you will able to begin creating your shipping label. Enter “Ship From” information (Ship To information is pre-populated with Manhattan Gold & Silver’s info). Then, specify “Shipment Information” (choose your ship date and service level / ship method, enter insured value, enter type of packaging and weight of box). Click Continue button.
  • You can also check the "Schedule Pickup" box to choose date and time you want your package picked up.
  • You will then be able to review your discounted shipping costs and pay with your credit card

Do not create an account with G4S.  You will only get the discount when you go through our link.  After that, follow the onscreen prompts to get your insured and discounted shipping labels. It’s just another way your friendly neighborhood metal refiner tries to help you get the maximum payout for your gold and other precious metals.

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Manhattan Gold | Tools and Resources

Precious Metal Scraps Accepted by MGS

25. April 2012 04:36


With more than 25 years of experience, Manhattan Gold & Silver is respected across the nation as a fast and capable gold refiner. We recycle a wide range of precious metal materials in any amount. Our furnaces can even melt down platinum (melting point: 3214.9 °F) with ease. When new customers reach out to us for precious metals refining, we are always asked “what can you accept?” While it’s true we have a few exceptions, we do service many industries and accept many kinds of precious metal products.

The businesses we most commonly service include pawnbrokers, jewelers, dentists, industrial companies, and antique dealers. As such, some of the precious metal items we commonly refine are:

 

  • Jewelry
  • Fillings
  • Polishing material
  • Industrial byproducts
  1. Aerospace components
  2. Military
  • Gold bullion, including
  1. Canadian Maple Leaves
  2. American Eagles
  3. Liberty Heads
  4. Gold Sovereigns


As you can see, there are many types of precious metal scrap we can refine. However, we do not accept alluvial gold, electronic scrap, or mined materials from Africa. If you have any other questions about our refining methods or how much we can pay you for your lot, contact us today.

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Industries Served | Manhattan Gold

The World’s Most Valuable Gold Coin: The 1933 Double Eagle – Part 3

15. March 2012 08:21

In some previous blog posts, we discussed the ill-fated minting of the 1933 Double Eagle and how one of them escaped the mint and eluded authorities for more than 40 years before finally surfacing again near Manhattan.

After King Farouk I of Egypt was overthrown in a coup d’état, his 1933 Double Eagle mysteriously disappeared from his collection just before it was set to be auctioned off. The US Secret Service – which is responsible for protecting the nation's currency – worked feverishly to recover the other Double Eagles that were stolen from the 1933 batch. However, Farouk’s coin eluded them for nearly 40 years until they finally got a lead about a sale set to occur at the Waldorf Astoria hotel in New York City.

The Secret Service set up a sting operation where they arrested a British coin dealer named Stephen Fenton attempting to sell a 1933 Double Eagle. Fenton claimed that the coin was the one that previously belonged to King Farouk. Fenton was charged with “conspiring to convert to his own use and attempt to sell property of the United States.” However, these charges were dropped and a five-year legal battle over the coin ensued. Eventually, it was agreed that the coin would be auctioned and the proceeds would be split evenly between Fenton and the US government.

The Double Eagle has a face value of $20. However, it sold at auction to an anonymous bidder for $7,590,020 ($20 of which was used to officially monetize and legalize the coin) – the highest price paid for a coin to date, which makes the 1933 Double Eagle one of the most valuable pieces of gold ever. The coin never went home with the mystery bidder – it was lent to the American Numismatic Society, which has displayed the coin at the Federal Reserve Bank of New York in lower Manhattan ever since.

And so concludes the dramatic tale of how Manhattan ended up with one of the most valuable pieces of gold in the world!

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Gold History | Manhattan Gold