Do you have tangled chains, single earrings, or broken rings collecting dust in your drawer? Instead of letting them sit unused, you can turn that unwanted jewelry into cash by scrapping your gold, silver, or platinum.

At The Melting Bar, we help individuals and jewelers transform old, broken, or unwanted jewelry into real value. If you're wondering how to scrap jewelry safely, ethically, and profitably, this guide walks you through everything you need to know.

What Does It Mean to "Scrap" Jewelry?

Scrapping jewelry means selling old, broken, or outdated pieces for their precious metal value — not their style or brand. Once scrapped, the items are melted down and refined into bullion or recycled for new use.

This is a great option if:

• You have damaged gold or silver items
• You no longer wear certain pieces
• You're clearing out estate jewelry
• You want to invest in gold bars or coins instead

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What Types of Jewelry Can Be Scrapped?

The most common items we accept include:

• Gold necklaces, bracelets, rings
• Single earrings or broken clasps
• Old engagement or wedding rings
• Silver chains, pendants, flatware
• Platinum jewelry or dental gold

If the item contains precious metal — even with missing stones or broken settings — it likely holds scrap value.

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Step-by-Step: How to Scrap Jewelry Properly

1. Gather All Your Items

Go through your jewelry box, safe, or family heirlooms and pull out anything that’s broken, outdated, or unworn. Don’t worry if it’s unmarked — our team will test it for precious metal content.

2. Check for Hallmarks or Stamps (Optional)

Jewelry often has small stamps indicating metal purity:

• 10k, 14k, 18k (gold)
• .925 (sterling silver)
• PT or PLAT (platinum)

If you're unsure, bring it in. The Melting Bar offers expert XRF analysis and accurate assaying on-site.

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3. Visit a Trusted Gold Refinery

Skip pawn shops and mail-in buyers. For the best payouts, bring your items directly to a professional gold refinery like The Melting Bar:

• We melt and assay your items in-house
• No middlemen means better pricing
• Transparent payouts based on live market prices

From a single ring to an entire collection, we handle it with care and integrity.

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4. Understand the Payout Process

When you scrap jewelry with us:

• We weigh your items on certified scales
• Melt and sample for analysis
• Determine purity with XRF or fire assay
• Provide a detailed breakdown and offer
• Pay you same-day via cash, check, wire, or bullion

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Tips for Getting the Best Value When Scrapping Jewelry

• Don’t clean or polish — it won’t increase value and may reduce weight
• Don’t remove stones unless you’re keeping them
• Bring multiple items at once for bulk pricing advantages
• Check current gold and silver prices before selling

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Why Choose The Melting Bar?

As a full-service gold refinery based in Philadelphia, we offer:

• ✅ Direct refining — no middleman fees
• ✅ Transparent melt and assay process
• ✅ Fast turnaround and honest evaluations
• ✅ Custom services for jewelers, individuals, and estates

Whether you're scrapping one item or liquidating inventory, we make the process simple and rewarding.

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Final Thoughts: Scrap Jewelry = Smart Value

Scrapping your jewelry is one of the easiest and most profitable ways to declutter and cash in on today’s strong gold and silver markets. By working with a trusted local refinery like The Melting Bar, you ensure top value, fast payouts, and full transparency.

Ready to scrap your jewelry?
Contact us today or visit our refinery for a free, no-pressure evaluation.

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