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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 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  
  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%. 3 to 12
  * $1.00 CHARGE PER INCOMING OUNCE TO REMOVE CADMIUM.
 
 
Due to the current higher precious metal prices our turnaround time could take longer than normal.
 

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