How to Sell Dental Gold
Did you know that regularly selling old crowns, bridges, and other dental scrap can be a great way for dental professionals to earn extra profit? Precious metal prices have hit a record high in 2022, making it the best time to capitalize on recycling and selling your dental gold.
So how do you sell dental gold? The process of selling dental gold is a lot easier than you may think.
Your office may have boxes of old dental scrap lying around, containing highly valuable precious metals that you can sell for a profit. In March 2022, gold prices hit a record high of over $2,000 per ounce. We’re going to break down exactly how you can sell your dental scrap and help you to make the most of your extra dental material.
First Thing’s First, Research Potential Buyers
In doing a simple Google search, you’ll see there are thousands of results for how to sell dental gold. However, it’s best to diligently research companies to make sure they’re reputable.
Checking out the company’s reviews is a good place to start. Learn about the customer experience before you start doing business. If you see a lot of red flags and the aggregate score is low, you should move on and seek out another vendor.
Also, keep a lookout for companies who’ve established relationships with national dental organizations, like the American Dental Association and Dental Product Shopper. These will be the most reputable companies to sell your gold to.
Hot Tip: Deal Directly with a Refiner
When deliberating on whom to sell your dental gold to, it’s best to deal directly with a precious metals refinery. Selling locally may seem easier or more convenient, but doing so will often get you a lower payment for your dental scrap.
Local or “cash buyers,” tend to weigh your dental scrap and pay based on a standard rate. These buyers will then sell the scrap to a real refinery while taking a cut of the payment. On the other hand, metal refiners will melt and assay dental scrap to determine the exact composition of precious metals, leading to higher payments for you.
The Services You Should Look For
The best precious metals refiners are transparent about their services, and they will often outline their resources, refining process, and tips for selling dental gold on their website. Don’t hesitate to call the refiner and ask questions like:
- Is there a minimum quantity to send in?
- How long have you been in business?
- Is my shipment insured?
- Do you offer free shipping?
Be wary of refiners who can’t answer these questions. Customer service is essential in the precious metals refining process, and you’ll want to find a refiner that you feel comfortable with sending your valuable material.
How Do I Get Started?
As we said above, selling your dental gold is a lot easier than you may think. When you’re ready to send your materials, simply pack them securely in a padded envelope or sealable bag before putting them in a box suitable for shipping.
Refiners like Garfield provide free shipping label downloads right on their website. Once you download your label, you can attach it to your package and send it directly to the refinery for processing.
Once your shipment arrives, you’ll receive a confirmation email letting you know your materials have arrived safely at the facility. Garfield will melt and assay the dental scrap to determine the precious metals value and send you payment in 1-2 business days!North America’s Best Dental Refinery
Established in 1892, Garfield Refining has helped more than 1 million customers get the most for their gold, silver, platinum, and palladium. We work with many different clients, but our dental refining expertise is unrivaled in our industry. That’s why Dentaltown Magazine has named us North America’s “Best Dental Refiner” for the past 11 years in a row!
To get the most value for your dental scrap, start your shipment HERE.
