Four Kinds of Platinum Scrap You Should Not Overlook
With platinum currently trading for $940.00 on the London Fix, it is a metal you should definitely not overlook as you make your plans as a precious metal investor.
But where can you find platinum scrap that we can recycle for you? Let’s review four of the best kinds of platinum scrap you should be focusing on.
Platinum Jewelry
Platinum is a popular metal used in jewelry because of its durability, luster, and resistance to tarnishing. Scrap platinum jewelry can be recycled and refined to recover the metal content. And don’t forget that over the last two decades, an increasing number of engagement rings have been made of platinum, making them easier to find.
Other kinds of platinum jewelry you should be looking for include pins, brooches and – perhaps most important of all – watches that have platinum cases.
Industrial Scrap
Platinum is used in various industrial applications, including the production of electronic components, medical equipment, and glass manufacturing. Industrial scrap containing platinum can be recycled. We have recently seen a number of small nozzles that are made of platinum; they are used to manufacture glass fiber panels.
Medical and Dental Scrap
Platinum can be found in a number of different medical testing supplies, including cardiac catheters, test probes, and (maybe the most common source of all) cases of implantable pacemakers and defibrillators.
Platinum is also used in dentistry, particularly in dental crowns and bridges. Dental scrap containing platinum can be recycled and refined to recover the metal content.
Thermocouples
Thermocouples are devices used to remotely measure and control temperatures in industrial settings. They contain platinum or platinum alloys. Sometimes thermocouples look like long skinny wires that can’t be worth much. But don’t be fooled. Send them to Specialty Metals Smelters and Refiners so we can examine them and tell you what they are worth. You could be in for a pleasant surprise.
Call Us at 800-426-2344 to Discuss Your Platinum and Other Precious Metal Scrap . . .
Why not deal with the experts? Our precious metal refiners are available to help you test your platinum scrap, refine it, and pay you for it at high current trading prices.