Lessons Learned About Options

Questions to Ask Accredited Gold Refiners Before Hiring.

Just because the gold you have is not unrefined does not mean it is not valuable. You may not always find refined gold but the good news is that there are refiners who can do the work. You need to choose the refiner wisely though because you do not want to be putting such a valuable commodity in the hands of someone who is not trustworthy. Even though you have the names of accredited gold refiners at hand, there are questions you have to ask yourself before deciding on who to settle for. Prior to paying for the services or agreeing to work with a particular person, you ought to make sure you have talked about time it will take to get the finished product. You should be expecting a time that is between days and weeks. With gold that has high purity level, you do not expect the work to take weeks. You do not expect high quality refining of a lot of product in a day which is why you should investigate the methods used a little further in such a case. The fee might be too high if you are not careful. Ask about every charge that goes into the bill before you agree to the process. You need to get the charges in writing before you submit your gold for refining. Do not fall to the flat fee deals because most of the time they will not hold.

You should get an explanation on whether it is the material you take for refining that will be worked on and submitted back to you. Rarely will you get back exactly what you took to the refinery. It will not be economical to process your package only especially if it negligible but rather it is combined with others and processed. Even so, these refiners will already have precise information on how much of pure gold you should be able to get after the refining process so that they can deliver that at the end of the day. There is no question of whether or not you will get a pure product but you should not expect it to be strictly from what you delivered.

There is always a variation in the gold value when the ore is located at different places. You need to ask about the analytical methods used in determining gold value by different refiners. For gold, the standard method for use in value determination is the cupellation also known as fire assay. Gold is highly valuable which is why you need the assay determination to be done by more than one person just to be sure. It does not mean you do not trust the refiner and if he or she is a good business person he should understand the reason for this. Make sure you know how disputed assay results are settled before hiring.