Dental offices and dental labs often have a significant amount of dental gold on hand. This can be gold from dental devices and gold crowns, or it can be precious metals that are scrap material from customizing and shaping dental devices.
Selling dental gold is a way for a dental lab or dentist’s office to recoup revenue. There are two basic ways to complete this process: one is through a cash buyer, and the other is through a gold refiner.
What is a Cash Buyer?
A cash buyer is typically an individual who comes to the dental facility. These individuals are counting on the fact that the office or lab is interested in selling dental gold with as little work as possible.
These individuals will typically estimate the specific value of the gold in the dental devices and the residual gold and precious metals the dental office must sell. They then provide a cash offer, which is typically based on the lowest karat amount in the lot of gold for sale. For most sales, the cash buyer is the one who makes the most money.
A Gold Refiner
A better option for the dental office or lab is to sell directly to a gold refiner. These businesses assay each individual piece, providing the market value for the karat amount of the gold.
When using a gold refiner, the process is transparent. The gold can be shipped to the gold refiner, or it can be brought into the business. Streamlined and simple, this option for selling dental gold offers the highest value returns for scrap gold and precious metals.
Bay Area Metals makes it easy for dental offices and labs interested in selling dental gold for the maximum value. To find out more, contact us today.