We process karat gold, silver, platinum and palladium scrap from jewelers, pawn shops, manufacturers and many more. Unmatched excellence and refining expertise along with accuracy has established LGS Refining as a premier refiner.
What we offer:
- Up to 99% return based on volume
- Overnight shipping on lots over 10 ozt
- Next business day settlement
- Fire assay with certified results
- Stone Removal
- Collection containers
- Personal Account Manager
Our Karat Scrap Process
Step 1. Receive and check-in material
Each container or lot received goes through an extensive checking and sorting process. Materials received are separated, recorded, weighed and pictures are then taken of each lot.
Step 2. Melting
All precious metals are melted in our state of the art induction furnaces. Unlike most refiners who mix the karat scrap with simply borax, we, at LGS, have a proprietary flux blend that is designed to extract the most possible gold and remove the most possible impurities.
Step 3. Pin-Tube sample
After the metals and flux blend have been homogenized inside our induction furnace, a pin tube sample is taken and set aside to cool.
Step. 4 Pour
Following the sampling, the contents of the crucible are poured into a mold. Unlike others, our pours are allowed to cool naturally, not in water. Gold is absorbent which can skew your final results.
Step. 5 Gold Bar
Post the natural cooling period, all remaining impurities are in the slag, which is separated. The bar is then weighed, sampled, and recorded. The left side of the picture contains all the impurities removed and the right side is your bar.
Step. 6 Analysis
The final step in the process is analyzing the samples. The analytic process is a heavy chemical process. The most common process we utilize is a Fire-Assay. We follow strict ASTM guidelines when performing this step to ensure and certify 99.99% accuracy on your results.
In our commitment and dedication to remain competitive in the refining industry, our services are available to our clients at no charge. Please contact us or your personal account manager for additional details.