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Episode 29 – David Siminski, Inside the United Precious Metal Refining

Pearls of Wisdom by Pearls of Wisdom
May 8, 2023
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Hey there, welcome to another episode of the Pearls of Wisdom podcast, your go-to source for everything related to jewelry and the world of precious metals. In today’s episode, a special guest, David Siminski, of the United Precious Metal Refining, joins us. 

David is here to share his expert knowledge on refining precious metals, from weighing to pouring the bar. We’ll delve deep into the world of refining and clear up any misconceptions you may have.

David will also offer practical advice to jewelers who want to get the most out of their scrap metal. Whether you’re dealing with gold, silver, platinum, or palladium, David will explain how the refining process works and how the analytical department determines the value of your precious metals.

But that’s not all; we’ll also discuss what happens if a customer is dissatisfied with the settlement amount and how you can seek a second opinion! David will take us through the refining lot and explain how metals are separated and turned into pure gold.

We’ll explore the fascinating world of jewelry refining, from the wet lab to environmental regulations and the checks and balances involved in the process. David will even share why the best part of the business is getting a check from the refinery and how building strong relationships and partnerships is key to success in this industry.

So, if you’re a jeweler looking to handle the refining process with confidence and get a fair settlement for your scrap, then you don’t want to miss this informative episode! Tune in now and discover everything you need to know about refining precious metals. 

Pearls of Wisdom

Pearls of Wisdom

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