GOLD REFINING SERVICES SCRAP KARAT AND GOLD FILLED JEWELRY REFINING.

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Up for auction is Discounted Gold Refining services. 7-01-13 Well it's that time again to make an update to my listing. Until futher notice the ONLY items i will accept for refining will be either Karat gold items or Gold filled items. The reason for this is the current market price for gold. With the drop in gold prices recently it makes going after certain types of gold (Plated) materials not as profitable or cost feasible from a refining stand point. The only ones who stand to profit will be either those who can supply large amounts on a consistent basis or those who can process on that large of scale making the venture cost feasible. I hope everyone has a safe and happy 4th JULY !!!!! 3-26-2013Ok it's time for another update. Christmas is over with and we are three months into the new year. I hope everyone had a safe and happy holiday season. I have a lot to say and really don't know where to start so just try and follow some of my rantings please. And by the way that ground hog got it wrong!Gold filled. That's seems like a good place to start. I’ve been watching the gold filled market explode for the last couple of months. The reason for this explosion is that the karat gold market is getting scarcer by the day. Now i'm not saying it's drying up by any means but their come a point of stabilization and with the high metals prices the market has all but consumed the excess materials source. Notice how a year ago you saw we buy gold commercials all over the tv from several companies. Now you don't see them, why? You see one once in awhile but the big push is over. Of course you can open any print article and see nearly a dozen we buy gold ad's or one of those 10,000 places in every little strip mall that popped up over night buying gold. If your just getting into this game then you to late! Now I didn't say you couldn't make money. There is money to be made but now the market is so competitive that the profit margins are really thin. Then after fighting past that road block you have to roll the dice with the refiner.With that supply being restricted the market is looking for new sources to feed it. That's where gold filled comes in at. Two years ago I knew people who had gold filled they couldn't give away because it was so cheap and nobody wanted to deal with it. The profit then was in karat jewelry and gold filled was just looked as as the trash in the market Now ? It's gotten down right stupid. I look on ebay here and I see what gold filled is selling for and I think “ Who the hell is buying this?” Ebay is like the stock market in the fact that for every sale there is a winner for profit and a loser for a loss. The sellers are the only ones I see making out like a bandit on gold filled. So if your a seller and your reading this keep right on doing what your doing brother, I don't blame you! That's the free market enterprise. If your the buyer then do your homework and know your profit margins well. One of the first questions I ask a new customers is “ Are you in this for the gold or for the profit?” If you in it for the profit then sell on ebay. If your in it for the gold then you need me, a refiner. The thing with gold filled is you can't estimate the gold content with as much accuracy as you can with karat gold. With gold filled it's always something new. People will send me an email about materials and say “ I have this, this, and this, with X amount of gold.” That's great theoretically in a perfect world. But in reality it's a whole different story. If I run an average 10 lb lot of gold filled items I on the average have about ½ lb of trash that comes from this. What is that trash you ask? Well you have dirt, oil, grime, stones, plastic, plaster as a filler, and one of the best, Stainless steel. Do you know what kind of a pain in the ass Stainless Steel is in the refining process. Stainless in ear ring post, stainless in eye glass frames, stainless steel screws. The list goes on. All of the sudden your not talking about the yield for 10 lbs your talking about 9.5 lbs. Th... read more

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