Which vendor's will recycle

[Taylorbug!]

your platinum? I am wanting to recycle two platinum channel set bands and am having a hard time finding someone to take this on? Can you recommend any vendor that will recycle the platinum I have?

 

[m-2-b]

I think I read on GOG's facebook page that they will take in scrap metal. I've personally turned in my old platinum settings for credit on new projects w/ BGD which has worked out great for me! However, I'm not sure who will reuse your platinum specifically to turn it into a new ring, though.

 

[Rockdiamond]

Hi Taylor- there's two different possibilities.
1) as has been mentioned, scrapping an older ring.
In this scenario you get scrap value for your old piece which is then combined with a lot of other scrap, melted, and re-alloyed into "new" metal. With super high metal prices, this can yield a nice chunk of change, if the piece is heavy

2) people that want to re-use specific metal for sentimental reasons.
Fr example re-use the gold in their parents wedding band.
This is a totally different scenario- far more difficult, and costly.

Hope this helps!!

 

[diamondseeker2006]

Those places that buy gold usually buy platinum as well, and most jewelers will buy it for the scrap value. I have sold both gold and platinum in the last few months.

 

[Taylorbug!]

Hi Taylor- there's two different possibilities.
1) as has been mentioned, scrapping an older ring.
In this scenario you get scrap value for your old piece which is then combined with a lot of other scrap, melted, and re-alloyed into "new" metal. With super high metal prices, this can yield a nice chunk of change, if the piece is heavy

2) people that want to re-use specific metal for sentimental reasons.
Fr example re-use the gold in their parents wedding band.
This is a totally different scenario- far more difficult, and costly.

Hope this helps!!

I would like to reuse the platinum as I hate to sell it for scrap price and pay retail for new platinum. I have two fairly heavy channel set diamond bands that I would like to make into a u prong eternity. Is this something that you could do? Thanks!

 

[Rockdiamond]

Hi Taylor- there's two different possibilities.
1) as has been mentioned, scrapping an older ring.
In this scenario you get scrap value for your old piece which is then combined with a lot of other scrap, melted, and re-alloyed into "new" metal. With super high metal prices, this can yield a nice chunk of change, if the piece is heavy

2) people that want to re-use specific metal for sentimental reasons.
Fr example re-use the gold in their parents wedding band.
This is a totally different scenario- far more difficult, and costly.

Hope this helps!!

I would like to reuse the platinum as I hate to sell it for scrap price and pay retail for new platinum. I have two fairly heavy channel set diamond bands that I would like to make into a u prong eternity. Is this something that you could do? Thanks!

Hi Taylor- My posts are general, and hopefully informational in nature. Vendors are not allowed to "sell" here on PS- I only mention this as I can't really answer your question about whether or not we do what you seek...
In that vein, if I can clarify: If someone wanted to take piece they possess, and use that specific metal in a new piece, it would generally cost a lot more than if they scrapped the metal, and used that money to buy a new piece.

 

[Mike R]

Hi Taylor- there's two different possibilities.
1) as has been mentioned, scrapping an older ring.
In this scenario you get scrap value for your old piece which is then combined with a lot of other scrap, melted, and re-alloyed into "new" metal. With super high metal prices, this can yield a nice chunk of change, if the piece is heavy

2) people that want to re-use specific metal for sentimental reasons.
Fr example re-use the gold in their parents wedding band.
This is a totally different scenario- far more difficult, and costly.

Hope this helps!!

I would like to reuse the platinum as I hate to sell it for scrap price and pay retail for new platinum. I have two fairly heavy channel set diamond bands that I would like to make into a u prong eternity. Is this something that you could do? Thanks!

Hi,
With a lot of work shops you will find the cost on re-using your platinum will be more then selling it for scap and buying new.

Think of it this way, if you had two doors from a Honda, you wouldn't take thme to a workshop to melt down and make a new door for your Toyota. The labour involved to do this would make the new door very expensive.

To a slightly lesser degree this is the same with your platinum rings. Rather than just buying a new cast ring that involves very little labour, an artist first has to carefully remove your diamonds, remove solder or any other contaminates from your ring then melt the metal and get it into a workable bar before they even start making a new piece.

If you are sentimental about the metal then I'm sure you will be able to find someone to do it, but if you are trying to save money I don't think re-using your platinum is the way to go.

Hope this helps, good luck.

 

[oldminer]

Using previously made pieces to make new jewelry is problematic because usually there is solder, unknown exact alloys and a bit of dirt on old jewelry. All of these things can create manufacturing defects such as porosity or discoloration in the new item to be made using this less than perfectly new metal. One can take the risk and just mlet the metal along with other metal to make the new item, but if things go badly, the jeweler does not deserve to take the blame for doing what no one would recommend. Platinum is particularly sensitive to alloy differences and dirt. I'd add my voice to those who tell you not to choose to re-use the old metal directly. Far safer would be to scrap the metal and use the proceeds to reduce the out of pocket costs of the new item.

 

[Rockdiamond]

The analogy I like to use is this:
Imagine trying to make one teaspoon of your favorite recipe.
Getting the ingredients correct in such a tiny batch is incredibly complex