A former prosthodontist shares his exceptional experience working with Scientific Metals to turn 35 years of scrap metal into an incredible value
Transparency That's Worth Its Weight in Gold
While one assay came back fairly accurate, there were quite a few hidden fees bundled into the price, which resulted in about 35% total fees. Another assay was completely off—containing ratios of gold to palladium that made no sense for this type of yellow gold.
“The local rep who had been coming into the office quoted less than half of what Scientific Metals was offering. In the end, the settlement from Scientific Metals was about 25% higher than the second-highest offer," said Dr. Jow.
A family-owned and -operated company, Scientific Metals prides itself on doing business without sales reps or hidden costs—both of which can eat up a large cut of the scrap return. And when it’s time for a settlement, flexible payment options include check, gold and silver bullion, casting gold, or wire and bank transfer.
“It was pretty amazing—I got 5 ounces of gold bars for that one little bag of scrap crowns,” explained Dr. Jow. “I was impressed by the amount of gold, palladium, and platinum inside the assay, and the company handled everything with accuracy and transparency. I sent another 2 lbs and got double the amount of gold bars, and then gradually, I sent more. Dave, the owner, was very communicative, so by the end, I felt comfortable sending 4 lbs at a time.”
A Refined Approach to a Life’s Work
The process was equally seamless. “It was really secure,” said Dr. Jow. “I sent everything through UPS insured with signature required, and it was fast—they would send me an overnight shipping label, and then I’d send the scrap and track it. Within 3 business days, all the metal had been melted, and Dave would even send me pictures of the melted material so I could see what it looked like. He used x-ray fluorescence to give me a ballpark estimate immediately after melting, but used Inductive Coupled Plasma (ICP) for the final assay. He then emailed me the final settlement report detailing the amounts of gold, palladium, silver, and platinum in each lot. The report and gold bars were then shipped to me overnight, UPS insured."
All in all, the whole process took only about a week and a half for each shipment. “I highly recommend Scientific Metals,” said Dr. Jow. “Everything was so honest, and I got the highest return from my scrap metal. I’ve since recommended them to some of my colleagues, and they’ve been very, very happy.”