The Gem and Jewelry World's foremost Resource on The Internet.
[Orchid] The perils of home refining  
  [Thread Prev] [Message Prev]      [Date Index]   [Thread Index]      [Message Next] [Thread Next]
From: Daniel Ballard
Date: Mon Feb 16 21:14:07 2004
 
     
========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========


    Home refining? OK for a graduate chemist but all others try this at
    their peril! Amateur use of acids is dangerous and almost always
    illegal from an EPA standpoint. 

    Regarding the widely advertised I-Shor refining system. 

    My first problem with this is that the company in their print ads
    flat out lies about how much refiners typically charge . My proof?
    Read on. 

    I quote in part from their print ad in Professional Jeweler
    magazine, February 2004 issue- 

    "From those who did their own assay on the bench and carefully
    calculated their cost both up front and hidden, the answer was always
    the same: It cost $800 to have ten ounces of gold refined" You can
    not truly assay on a bench. 

    Another very questionable claim-"100% return no losses (even if you
    have no experience)" Ask a chemist about truly 100% return from a
    chemical process. 

    I did the math and it is way off from what real refiners like us
    Precious Metals West, Hoover & Strong, David Fell, or any of the
    majors charge. You see advertised refining rates from 1% and up.
    PMWest charges 2.5% and includes assay costs in that quote. The math
    goes like this - at $400 gold 14kt is worth at most (58.5%) $234 per
    ounce. Presume ten ounces of 14kt sent for refining. $2,340 value
    less 2.5% in charges. We charge 2.5%  or $58.50 for all ten ounces.
    The refining cost per ounce is $5.85 per ounce. The I. Shor company
    exaggerates refiners charges by more than ten fold in their print
    ads. 

    If only the FTC took jewelry trade ads as seriously as consumer
    oriented advertising from major companies.... 

    The next paragraph in their ad is about polishing sweeps and is
    laughable in its exaggerations and false claims about charges. Talk
    about negative marketing! Still wondering about the process? Call the
    major refiners and ask if they use the Simplicity system or anything
    else based on salt bath solutions and electricity. Most of us use
    Aqua Regia or chlorine. 

    To be fair the claim can be made that the refiner may not get all
    the gold out of solution. TRUE! That is true of EVERY method of
    refining.  A person I used to know bought the "Simplicity Gold
    refining System", and lost his job when it failed to work well,
    perhaps with operator error, perhaps not. Many ounces of gold got
    tied up in solution and the stench emptied the room. Obviously
    something went very wrong. 

    One more thing-Exaggerated claims on refiners taking too much gold
    or stealing are often rooted in the practices of scrap buyers who
    consolidate lots and then use a real refiner later. Most refiners
    just like most jewelers are honest hard working people. 

    As admitted I work for a refiner. How did I get this job? When I had
    my retail store and shop, I sent my refining to PMWest, and got to
    know the owner. When my store failed during the Carter presidency and
    amid the horrible economy I went to the people I learned to trust to
    look for work. 

    My suggestions for Jewelers on refining 

    Do your homework. Learn about refining. AJM had a good article last
    October. The World Gold Council has good info. So does the Santa Fe
    Symposium book from last year, discussing platinum refining. 

    Hands on-Drag a magnet through filings to remove iron. Melt your
    scrap into one bar well heated, fluxed and very well stirred.  Drill
    the top left and bottom right ends and keep the drillings. Send the
    bar to an assay office that is unconnected to a refiner, there are
    many just in Los Angeles. Pay them for their service and use the
    assay to be your guide. Many refiners will actually accept a good
    assay, subject to confirmation. Now what is wrong with this picture?
    Can't make a bar? Equip accordingly or call in a favor with a friend
    who casts. They can make your bar for you! 

    I invite calls from concerned jewelers to fill in more detail about
    refining strategies. After all, we can not be more successful than
    our clients. 

    Finally, I would like to thank the many unhappy buyers of the
    Simplicity System for their refining business. The few happy ones are
    welcome to our alloys for karating. :) 

Daniel Ballard
Precious Metals West
WWW.Pmwest.us


____________________________________________________________________
T h e   O r c h i d   L i s t
Open Electronic Forum for Jewelry Manufacturing Methods and Procedures
____________________________________________________________________
Orchid FAQ:
~ http://www.ganoksin.com/orchid/faq.htm
Orchid Archives:
~ http://www.ganoksin.com/orchid/archive
Orchid Galleries:
~ http://www.ganoksin.com/orchid/gallery.htm
Invite a Friend:
~ http://www.ganoksin.com/invite.htm
____________________________________________________________________
Tips From The Jeweler's Bench - Article Archive
~ http://www.ganoksin.com/borisat/tip_sear.htm
The Jeweler's Selected Bibliography List
~ http://www.ganoksin.com/jewelry-books
Buy Orchid Jewelry:
~ http://www.ganoksin.com/shop
____________________________________________________________________
-Unsubscribe:
-Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank
____________________________________________________________________


  Click to Visit  
     
  Navigate:  
   
  Orchid Resources:  
   Join & Post
 Invite a friend to join Orchid
 F.A.Q
 Galleries
 BenchExchange
 Orchid Message Archives [Subject Index] [Date Index]

Ganoksin now offers a number of ways for you to stay on top of the latest from Orchid!

  1. My Yahoo - Do you have a My Yahoo page? If so, you can easily read the latest Orchid posts on your personalized page by adding this feed:Add Orchid to My Yahoo!
  2. Add Orchid to myGoogle Add to my Google
  3. Read Orchid with NewsGator and Microsoft Outlook Add Orchid to Your  NewsGator
Support Orchid! - If you believe in what we're doing, you can help!

 
     
     

© Copyright 1996 - 2008, The Ganoksin Project