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

Our Settlement Options For Refining Platinum, Palladium, Rhodium, Gold And Other Precious Metals Can Be Found Here.

Settlement Turnaround Time *
Business Days

Platinum

90% of the fine Platinum contained (based on the current market price determined on the date of completion of order). Learn more about Platinum Refining. 3 to 12

Palladium

85% of the fine Palladium contained (based on the current market price determined on the date of completion of order) 3 to 12

Rhodium

80% of the fine Rhodium contained (based on the current market price determined on the date of completion of order) 3 to 12

Gold

96% of the fine gold contained (based on current market price determined on date of completion of order). Learn more about Gold Refining. 3 to 5

Gold Filled

90% of the fine gold contained(based on current market price determined on date of completion of order). Learn more about Gold Refining. 3 to 12

Sterling Silver

90% of the fine silver contained (0.925)(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

Fine Silver

92% of the fine hallmarked .999 fine silver contained (based on the current market price determined on date of completion of order)*Examples of fine silver are 0.999 bars and rounds. Learn more about Silver Refining. 3 to 5

Photographic Flake

90% of the fine silver contained (based on the current market price determined on date of completion of order) 3 to 12

Coin Silver

90% of the fine coin silver contained (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 or any material containing Cadmium

85% of the fine silver contained (based on the current market price determined on date of completion of order)*. Learn more about Silver Refining. All other industrial silver groups that is less than 80% fine silver contained we pay 85%.*, ** 4 to 6 weeks

Footnotes

* Due to the current higher precious metal prices our turnaround time could take longer than normal.
** $1.10 per incoming ounce or $400.00 minimum charge to remove cadmium. Also minimum amount to ship is 15 pounds.