A Mystery No More

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A look into the assaying methods refiners use to determine the value of a lot

By Shawna Kulpa

It seems so mysterious: You gather up your bits of dirty precious metal scraps, send them to a refiner, and just a short time later get either a check in the mail or some new shiny metal just waiting to be transformed into jewelry. But do you know what happens to that metal once you ship it off, or how your refiner calculates exactly for how much precious metal you should be paid?

Prepare for that mystery to be solved.