Common Types Of Platinum Scraps You Can Sell
Compared to other precious metals, the price of platinum is very volatile. In times of economic stability and growth, the price of platinum can grow as much as twice the price of gold. So why would anyone throw platinum away when they have the opportunity to sell them to a precious metal refinery? You may have made that mistake too. It usually happens when you do not realize that you have platinum scraps that you can sell.
Although platinum has a bright whitish tone, discoloration will appear when it is exposed to heat and certain chemicals. This makes it difficult to identify platinum by sight. Even when there is no discoloration, people may mistake platinum for less valuable items, such as silver and aluminum. Furthermore, platinum is often used in devices such as mobile phones. Many people do not know where to look for platinum and just throw away the devices they own that contain platinum. Here are some other examples of where you can find platinum scraps.
Platinum Thermocouple Wires
Platinum can be found in thermocouple wires, which are used for the measurement of temperature. Equipment that use platinum thermocouple wires include kitchen ranges and air-conditioning systems. Look out for old units and take them apart to collect these thermocouple wires.
Medical Devices
Many medical devices such as implantable defibrillators and pacemakers have coverings, electrodes, and wires that are made of platinum. If you have access to outdated medical devices in hospitals or companies that manufacture them, you can retrieve platinum scraps from these devices.
Catalytic Converters
Catalytic converters can be found in most vehicles. Platinum is used in catalytic converters to neutralize and remove pollutants from car exhaust. By visiting junkyards and service centers, you will be able to find old catalytic converters. Once you have secured a good source of catalytic converters, you will be able to gather a substantial amount of platinum scraps.
Laboratory Apparatuses
Many laboratory apparatuses, such as molds, dishes, and electrodes, are made of platinum. Due to the high heat that these used apparatuses may have been exposed to, you may find discoloration on them. However, they are a good source of platinum scraps that you can sell and make a profit.
Platinum Sponge
Platinum sponge is a granular form of platinum that appears to be black. Although it does not have the usual whitish appearance of platinum, it is actually very high in purity. Platinum sponge has many applications acting as a catalyst, including in the pipes and drains of plating tanks.
If you are looking to sell platinum to a reputable precious metal refinery, come to AGR. Having been in business for years, we will offer you a great price for your platinum. Contact us today for a free quote or to ask us any questions.