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  Settlement
   
 

To meet each customer's specific needs, Platinum Refineries offers a variety of settlement options.  Customers can receive settlements in the form of:

  • a check

  • precious metal bullion (coins, bars, casting grain, etc.)

  • bank wire transfer (requires a minimal bank fee)

  • a combination of the above

Settlement options offered by Platinum Refineries


           Settlement

 
Settlement

 
Turnaround Time *
(business days)
Platinum  
  90% of the value of the Platinum spot
(based on the current market price determined on the date of completion of order). Learn more about Platinum Refining.
3 to 12
Palladium  
  80% of the value of the Palladium spot
(based on the current market price determined on the date of completion of order)
3 to 12
Rhodium  
  80% of the value of the Rhodium spot
(based on the current market price determined on the date of completion of order)
3 to 12
Gold  
  95% of the value of the gold spot (based on current market price determined on date of completion of order). Learn more about Gold Refining. 3 to 5
Sterling Silver  
  89% of the value of sterling silver (0.925) spot (based on the market price determined on date of completion of order). Examples of 0.925 Sterling Silver are flatware, vintage trays and ware, jewelry, sterling silver solder and scrap. Learn more about Silver Refining. 3 to 12
 
Pure Silver  
  92% for pure silver
(based on the current market price determined on date of completion of order)
Examples of pure silver are 0.999 bars and rounds. Learn more about Silver Refining.
3 to 5
Coin Silver  
  90% of the value of coin silver (minted prior to 1965) based on the current market price determined on date of completion of order. Learn more about Silver Refining. 3 to 12
Silver Electrical Contacts  
  85% of the value of silver spot (based on the current market price determined on date of completion of order). Learn more about Silver Refining. 3 to 12
 
 
 
Due to the current higher precious metal prices our turnaround time could take longer than normal.
 

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