Atlantic Precious Metal Refining
In addition to dental scrap, Atlantic has spent a quarter-century refining its own processes to ensure the highest possible settlements.
If you?ve ever found a $20 bill in the pocket of a jacket you haven?t worn for years, you understand the concept of ?found money??and the driving force behind Pittsburgh?s Atlantic Precious Metal Refinery.
Just ask Atlantic President and CEO Don Mappin, Jr. and he?ll tell you that most dental clinics and labs are sitting on their own proverbial scrap gold mines, with significant quantities of precious metals hidden in everything from carpeting and dust traps to vacuum bags and filters. And whether you?re a dentist with a jar full of extracted metal restorations or a dental lab owner with bags of workbench shavings, Atlantic promises its customers the highest precious metal scrap lot returns in the industry.
From the humblest of beginnings, Atlantic?s transformation from backyard venture to the market leader in dental scrap refining is the ?American dream? come to fruition. It was while he was working as a technician in his father?s dental lab that Mappin decided he would one day open his own refinery. After a stint in the Armed Services, Mappin returned to open that refinery in a tiny backyard shed in suburban Pittsburgh and, for 8 years, toiled there on his own before finally hiring two family members to help with the growing business. Nearly 25 years later, the Pittsburgh-based company now services 30% of all US-based dental labs, operating in a state-of-the-art 15,000 square foot facility with 35 employees. And after more than 2 decades, Atlantic remains a family affair, owned and operated by Mappin with an executive team that includes his wife and 2 brothers.
How It Works: Five Steps to Reclamation
Unlike other refineries, Atlantic never outsources any step of the refining process, refining metal from scrap to pure with no middleman or third-party payouts, and passing the savings along to its customers. Key to ensuring those highest returns in the industry is Atlantic?s meticulous attention to detail, and a refining method that strictly follows a carefully designed 5-step protocol.
Step 1: Documentation and Preparation. Upon arrival, each lot is verified against the accompanying paperwork, photographed, and recorded in Atlantic?s custom-designed database. Everything possible is done to maximize precious metal content reclamation, such as breaking a complex lot down into several parts when each potion might need to take a slightly different path through the refining process. And, since each lot is unique, multiple workflows are used to handle whatever type of scrap the company encounters.
Step 2: Smelting. Atlantic uses precise temperatures, specific mixtures, and various smelting techniques to amalgamate the metal in each lot. Precious metal are separated from slag and coalesced and melted into ingots, which are then melted again, poured into bars, and cleaned to produce the purest product possible. Each bar is x-rayed to ensure an accurate comparative analysis of metal content and homogeneity, after which drill samples are taken from both sides of the bars.
Step 3: Assay and Settlement. Atlantic?s assay department weighs, digests, and feeds no fewer than 3 drill samples from each lot into state-of-the-art ICAP instruments, verifying the exact metal content in parts per billion and calculating a percentage of the known weight of each payable element. After calculations that provide the total value of each bar, Atlantic computes a settlement based on 100% of recovered content for gold, silver, platinum, and palladium. Charges are 10% and a $25 assay fee, and settlements can be made by check or wire transfer, or in bullion.
Steps 4 and 5: Digestion, Extraction, Purification. Using the latest technologies, Atlantic is able to produce .9995 elemental materials for sale back into the industry.
The first step toward maximizing your return on precious metal scrap is choosing the right refinery. With a staff that has more than 150 years of combined experience in the dental and precious metal refining industries, Atlantic processes scrap lots within 10 business days (typically, 2 weeks from day of receipt to day payment is sent), calculates settlements based on 100% of recovered metal content, and doesn?t have a minimum charge for smaller lots or charge a fee for processing palladium.