I would rather have the metals. <<
a processor does not refine. you could get back a copper dore bar. which you would have to have refined. same thing the processor does. the processor sends that dore bar to a smelter/refiner after they pay you. a few of the larger processors offer hall marked bars or a variety of bullion coins. but the exchange rate is the same or worse than if you just went out and bought on the open market.
Originally Posted by
Reelman65
they said you would get everything back including materials used for testing.
impossible. the goal of processing is to remove as much of the non precious metal material as possible. a 2000 lb lot is going to return a dore bar that weighs an average of 250 to 300 lbs. the remainder of that weight has be removed thru a variety of mechanical, thermal and chemical process'. that removed material is gathered at a central locations. meaning that the removed material from your lot is mixed in with all of the removed material from other lots. which is the real concern. the efficiency of the process and if any precious metal is being lost, removed, with the waste material.
if you determine that the recovered value reported is too low, it is already to late. it will not matter if the loss is unintentional or intentional. you are not going to get it back and you have no effective recourse other than to change processors.
knowledge is the key to dealing with processors. if you understand how the process works and can communicate that to the processor, you will reduce possible loss'. there is nothing you can do about the crooks in the business.
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