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SETTLEMENT
To meet each customer's specific needs,
Northern Refineries offers a variety of settlement options.
Customers can receive settlements in the form of:
-
a check
-
precious metal bullion (coins,
bars, casting grain, etc.)
-
bank wire transfer (requires a
minimal bank fee)
-
a combination of the above
|
Settlement |
Turnaround Time *
(business days) |
|
Gold |
| |
96% of the fine gold contained (based on
the current market price determined on date of completion of order) |
3 to 5 |
|
|
Gold
Filled |
| |
90% of the fine gold contained (based on
the current market price determined on date of completion of order) |
3 to 12 |
|
|
Sterling Silver |
| |
90% of the fine silver
contained (0.925). Examples of 0.925 Sterling Silver are flatware, vintage trays and ware,
jewelry, sterling silver solder and scrap |
3 to 12
|
|
|
Fine Silver |
| |
92% of the fine
hallmarked .999 fine silver contained
(based on the current market price determined on date of
completion of order)*.
Examples of fine silver are 0.999 bars and rounds |
3 to 5
|
|
|
Coin Silver |
| |
90% of the fine coin silver minted
prior to 1965.
(based on the current market price determined on date of
completion of order).
|
3 to 12
|
|
|
Photographic
Flake |
| |
90% of the fine silver
contained (based on the current market price determined on the date
of completion of order) |
3 to 12
|
|
|
Silver Electrical Contacts |
| |
85% of the fine silver
contained (based on the current market price determined on the date of
completion of order)* All other industrial silver groups that is less than 80%
fine silver contained we pay 85% |
3 to 12
|
|
|
Platinum |
| |
90% of the fine platinum
contained (based on the current market price determined on the date
of completion of order) |
3 to 12
|
|
|
Palladium |
| |
85% of the fine palladium
contained (based on the current market price determined on the date
of completion of order) |
3 to 12
|
|
|
Rhodium |
|
80% of the fine rhodium
contained (based on the current market price determined on the date
of completion of order) |
3 to 12
|
* $1.00 CHARGE PER INCOMING OUNCE TO REMOVE
CADMIUM.
* Due to the current higher precious metal prices our turnaround time
could take longer than normal. |
|
|

Great service, great yield.
James C
St. Louis, MO
. . . honest, thorough, fastest
turnaround time . . .
Mike W
Pittsburgh, PA . . .Our company has
been dealing with Northern Refineries for over 5 years. Thank you and keep
up the excellent work. . . Andy A.
Dearborn, MI
read more

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Northern Refineries
29509 Sierra Point Circle
Farmington Hills, MI 48331
Toll Free: (800) 882-7729
Phone: (248) 231-2800
Fax: (248) 788-0430 |
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