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Precious Metal Calculator |
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This section is for those in the trade. Those in the trade include jewelers, dentists and dental laboratories who have a store front, State ID numbers and Federal ID numbers.
We also do buy scrap from the public at a reduced rate.
| London Fix Close/Current Markets Sep 3, 2010 |
| Gold |
Silver |
Platinum |
Palladium |
| $1,240.50 |
$19.66 |
$1,553.00 |
$524.00 |
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| Useful conversions:
1 dwt (pennyweight) = 1.555 grams
20 dwt (pennyweight) = 1 troy ounce (oz.)
20 dwt (pennyweight) = 31.1048 grams (gm)
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| Values subject to change without notice. |
| The precious metal calculator is for estimating smaller amounts of scrap only. We tend to assay most precious metal customer jobs and pay at a higher rate with the melt assay payment method. The above rates are for customers in the trade. |
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We do not list a dental estimating factor as there is no standard gold percentage for dental solids. For example in 1987, the best
selling yellow gold crown alloy for a dental manufacturer I was working at for the time was 27% gold. In 1987, the University of Minnesota
dental school was using a 59% yellow gold content alloy (about 14k). To be safe, I suggest buying yellow gold over the counter based at
about 10 karat scrap.
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| Please call for scrap prices. |
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