Jewelry Industry

REFINING SERVICES FOR JEWELERS

As a jeweler, you continually produce and potentially lose precious metals in the filings, polishing scraps and bench sweeps your business produces. Manhattan Gold & Silver can melt down and recycle your scrap jewelry, so you can put money back into your business.

WHAT WE BUY

We collect gold, silver, platinum and palladium jewelry as well as broken pieces and gold items that have little resale value. This includes bits and shavings from resized rings and clippings from claws cut to size when setting diamonds. We also purchase:

  • Bench sweeps, filings and polishing dust
  • Floor sweeps
  • Casting scraps
Sell Your Lot

CREATE MORE PRECIOUS METALS

When you bring us scrap gold or other precious metals to be recycled, we perform an assay to determine your lot’s purity and weight and quote you a payout price. We provide a variety of payout options so you can create even more precious metal products from your own materials, including:

  • Gold casting grain
  • Silver casting grain
  • Platinum casting grain

KEEP YOUR GEMSTONES

We also safely remove gemstones from scrap jewelry by soaking items in aqua regia, a mixture of nitric acid and hydrochloric acid. Once all the metal has dissolved, the gemstones are filtered out of the solution, sorted and returned to you in pristine condition. With the exception of organic non-minerals like opals and pearls, aqua regia doesn’t affect gemstones.

WHAT WE PAY

Our jewelry refining services ensure you get the most money for your precious metals, as we do all of the work in-house. Payout prices are set every day to the worldwide authority of the daily London Fixing.

With our onsite melting and assaying facilities, you can be assured a quick transaction for all your jewelry refining needs.

See London Fixing

WHY CHOOSE MGS

Jewelers use Manhattan Gold & Silver’s jewelry refining services because they know we understand how important recycling precious metals is to their business. As highly respected members of the New York State Jewelers Association, our mission is to offer unparalleled customer service to jewelers nationwide.

About Us
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Manhattan Gold & Silver Update

We’re currently open from 9:30am – 4:00pm Monday-Friday.  Customers are now allowed to enter the exchange with a mask and witness melts as usual.

If you have any questions you can still contact us at 212-398-1454 and sign up for our newsletter for further announcements.

Most importantly, please stay safe! 

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