How to Choose a Trusted Precious Metal Buyer in Indiana

Posted on May 23, 2022 by gardencity

Precious metals are described as precious because that’s exactly what they are. They are rare, naturally-occurring metals that are high in economic value. Metals like gold, silver, and platinum are the most common types of precious metals seen on the market, but there are many more. Palladium, tungsten, cobalt, and rhodium are also widely bought and sold in various industries across the nation. If you have precious metals that you would like to cash in on while the market is still up, it is important that you find the right company to do business with. After all, you deserve the maximum payout for your precious metal commodities, whether jewelry, trophies, auto parts, or scrap metal.

Continue reading to learn how to choose a trusted precious metal buyer in Indiana, including which attributes to look for when selecting a professional scrapper to do business with.

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What to Look For in a Precious Metal Buying Company

Your first step in selecting a trusted precious metal buyer in Indiana is to start looking for metal buying companies. Your best bet is word-of-mouth or online research, just like you’re doing right now. When perusing precious metal buying companies, the top attributes you want to look for are good reputation, transparency, instant payouts, expertise, and professionalism.

Good Reputation

A great way to learn about a company’s reputation within the community is to look at their online customer reviews. Additionally, find out how long they’ve been in business. A scrap metal buying company that has been in business for a long time is usually well-established and has long-term, good-standing relationships with clients and contemporaries. You can also check out their website and observe how they describe and present their company’s culture. All of these things will give you an idea of what to expect in terms of their ability to serve you as a customer.

Transparency and Honesty

You want to choose a precious metal buyer who is open, honest, and all around transparent in their dealings. Not only do you want to feel like they can confirm their estimates with verifiable market values that are current and up-to-date, but you also want to find a buyer who is willing to document their offers on paper. London fix prices are great way to verify the market value for your precious metals, however there are several resources you can use as well.

Instant Payouts

One of most important customer amenities that you should be offered as a client of a precious metals buyer is an instant payment. It is even better for precious metal dealers to offer their payment in cash. It is a sad truth that many metal buying companies will promise speedy payment, only to send a check in the mail that arrives months later, or not at all. Precious metals are high in value, making it critical that you get the fastest payment possible for your metals.

Expertise and Professionalism

Precious metals are high-value commodities, so you don’t want to sell them to just any buyer. In order to get the maximum payout for the value of your precious metals, it is important to choose a metal buyer who knows what they’re talking about. In addition to expertise and knowledge, it is important to choose a metal buying company that delivers the highest level of professionalism in the industry. This includes adhering to all local and state regulations regarding environmentally-responsible metal recycling and processing.

Still not sure where to get started with selling precious metals in Indiana? Skip the hassle of searching for the right company and go straight to the true professionals that all Hoosiers trust! Contact Garden City Iron & Metal at 1-888-586-5322 to speak with licensed precious metal buyers in Indianapolis, Indiana. We buy all new, used, scrapped, and junked metal and metal items!

The Similarities and Differences of Noble and Precious Metals

Posted on March 31, 2022 by gardencity

Most people are familiar with precious metals, especially those who love jewelry or collect coins. However, many people have never heard the term, “noble” metals, which happen to be quite similar, but stand out as their own category of metal. Some people often confuse these two categories since most noble metals are also precious ones.

Continue reading to learn more about precious metals and noble metals, including their similarities and differences.

Precious Metals Versus Noble Metals

Precious Metals

“Precious” metals are rare, naturally-occurring elemental metals that have a high economic value. Throughout history, they were used as currency. Even today, there are still sold and traded as investments, as well as, among private buyers and sellers.

Common examples include gold, platinum, silver, zirconium, palladium, mercury, bismuth, beryllium, germanium, rhodium, cobalt, tungsten, iridium, and osmium. They are often used in jewelry and other ornamental décor since they are extremely corrosion-resistant and acid attack resistant. They are also used for investment purposes, currency, electronics, radiation shielding, thermal insulation, and more.

Noble Metals

Noble metals are a grouping of metals that resist oxidation and corrosion in moist or humid air. Common examples in order of increasing atomic number include ruthenium, rhodium, palladium, silver, osmium, iridium, platinum, and gold. However, there are multiple “lists” for noble metals, as some contain mercury while other may include rhenium. Some lists include gold, silver, and copper, but leave out all others.

Interestingly enough, not all metals that are resistant to corrosion and acid attacks are considered “noble.” For instance, titanium, niobium, and tantalum are all highly resistant to corrosion, yet they are not categorized as noble metals. Although chemists permit a relaxed definition of noble metals, physicists offer a more restrictive definition. According to the science of physics, noble metals are those that have filled electronic d-bands. If you adhere to this definition, only gold, silver and copper are considered noble.

How to Sell Precious Metal

If you have old jewelry, catalytic converters, coin collections, or other versions of valuable metal, you can sell these items to a scrap metal buyer and get paid cash on the spot. Gold, silver, and platinum are currently doing well in the scrap metal market, so take advantage of the current economy and sell your precious metal commodities while their value is still exponential.

Are you wondering which local metal recycling center is the best choice for your high-end, luxury metals? Just contact Garden City Iron & Metal at 1-888-586-5322 for the highest standards of professionalism, and the highest payouts for metal recycling in Indianapolis, Indiana.

Interesting Facts About Ferrous and Nonferrous Metal Recycling

Posted on January 18, 2022 by gardencity

Metal recycling is an excellent initiative that can be accomplished by just about anyone and with very few resources. If you are interested in getting started with a scrap metal recycling program, whether at home or for the business, it helps to start with an understanding of ferrous and nonferrous metal materials. After all, these metals will be the basis of everything you select for recycling.

Continue reading to learn some interesting facts about ferrous and nonferrous metal recycling, including the types of metals that fit within these categories, where to recycle metal in your town, and the various benefits that come along with the entire endeavor.

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The Difference Between Nonferrous and Ferrous Metals

Ferrous metals, or ferric metals, are distinctive from nonferrous metals because they contain iron; nonferrous metals do not contain iron. The word ferrous actually translates to iron, giving you an easy way to remember this difference. Although metals are not immediately distinguishable as ferrous or nonferrous simply by sight, there is a very simple way to make the determination. All you need is a strong magnet!

That’s right; ferrous metals, or metals that contain traces of iron, are magnetic. Iron and steel are not magnetic, and most ferrous metal objects contain both iron and steel. If the magnet sticks, the metal object contains traces of iron. In some cases, the concentration of iron is too weak to attract a magnet, so additional equipment would be necessary in determining its true composition. Look below to learn some examples of ferrous and non-ferrous metals and their common applications.

Types of Ferric and Non-Ferric Metals

Ferrous metal contains iron, but they can also contain other metals, making it an alloy. Common ferrous metal alloys include cast iron, wrought iron, stainless steel, carbon steel, and mild steel. Common nonferrous metals are copper, aluminum, lead, chromium, titanium, cobalt, brass, zinc, nickel, and precious metals.

Nonferrous Metal Recycling

Because nonferrous metals are lower in volume than ferrous metals, it may seem like they are worth less, but in fact, they are worth more in most cases. Nonferrous metals generally have a higher value per pound compared to steel and iron metals. For this reason, they tend to make up the majority of the metal recycled in the country.

Here in the United States, on an annual basis, research suggests that nonferrous metal recycling centers process an average of:

▶ 1.3 Million Tons of Lead Scrap
▶ 1.5 Million Tons of Copper Scrap
▶ 2.5 Million Tons of Aluminum Scrap
▶ 300 Tons of Zinc Scrap

Why Recycle Metal?

Whether ferrous or nonferrous, all metal should be recycled. Both categories of metal are 100% recyclable and can be reprocessing over and over again. This has many environmental and economic advantages. Not only does metal recycling help us preserve our planet’s natural resources by reducing our need to mine for new ores, but it also reduces air pollution generated by the metal refining process, decrease waste in landfills, boost our local and global economies, creates employment opportunities, promotes energy savings, and even puts cash in your wallet!

How does metal recycling pay off with real cash? Just choose a responsible and professional metal recycling center in Indiana to sell your scrap metal to! Contact Garden City Iron & Metal at 1-888-586-5322 to speak with a professional scrap metal buyer in Indianapolis, Indiana. We accept all scrap metal and metal commodities, including junk cars.

List of Ferrous and Nonferrous Metals That Can Be Recycled

Posted on September 28, 2021 by gardencity

There are various types of metal found all around the world, but all metals can be placed into one of two categories: ferrous or non-ferrous. The most distinguishing difference between ferrous and non-ferrous metal is iron. How can you tell the difference between a ferrous and nonferrous metal? If a magnet sticks to the metal, it contains iron, which would make it ferrous.

You see, iron is a magnetic metal, so if a magnetic sticks, it must contain a sufficient amount of iron content. In some cases, the concentration of iron is too weak to attract a magnet, so additional equipment would be necessary in determining its true composition. Precious metals can also be ferrous or nonferrous. They are rare, naturally-occurring elemental metals that have a high economic value.

Continue below to review a list of the most common ferrous and nonferrous metals that can be recycled, as well as where to recycle your scrap metal in Indianapolis!

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Ferrous Metals that Can Be Recycled

▷ Stainless Steel
▷ Iron
▷ Carbon Steel
▷ Mild Steel
▷ Cast/Wrought Iron
▷ Iron

Non-Ferrous Metals that Can Be Recycled

► Copper
► Aluminum
► Brass
► Lead
► Tin
► Titanium
► Zinc
► Nickel

Non-Ferrous Precious Metals that Can Be Recycled

▷ Gold
▷ Silver
▷ Platinum

Exotic Non-Ferrous Precious Metals that Can Be Recycled

► Cobalt
► Bismuth
► Beryllium
► Zirconium
► Cadmium
► Mercury
► Tungsten

Are you ready to recycle metal and make some fast cash at the same time? Contact Garden City Iron & Metal at 1-888-586-5322 to learn why our scrap metal recycling center in Indianapolis is the leading choice among environmental supporters here in Indiana!

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Frequently Asked Questions About Metal Recycling

Posted on September 9, 2019 by gardencity

Preserving our planet’s natural resources is something that should be at the top of everyone’s priority list. After all, our planet is our only home, and we must take care of it and sustain it for as long as human kind exists. One of the most positively influential initiatives that help our global societies meet these goals is metal recycling. You see, metal is 100% recyclable, and can be reprocessed and reused over and over again, indefinitely! By recycling all junk that contains metal, we can help reduce the need to mine for new ores, and much more!

Are you interested in recycling metal in your community? If so, you will be pleased to learn how easy it can be! Continue reading to review some frequently asked questions about metal recycling, and get the information you need to get started on the right track.

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What are the Full Benefits of Metal Recycling?

As mentioned, the metal recycling enterprise allows us to mine less for new ores to make metal, which preserves our natural resources and reduces air pollution and waste runoff. But metal recycling also stimulates the economy in many ways, such as providing jobs, common spending, and more. Now, here comes a surprise benefit: metal recycling can also make you cash. That’s right; you can sell your scrap metal and get paid cash on the spot for it, according to the current market values.

Which Metal Can Be Recycled?

As mentioned, all metal is 100% recyclable. The most common types of metal scrapped are ferrous and non-ferrous metal. See our blog, “The Discerning Attributes of Ferrous and Non-Ferrous Metal” to learn the difference between the two. Iron and steel are the most commonly recycled ferrous and nonferrous metals. Other metals to recycle include copper, brass, aluminum, and precious metals.

What Makes a Metal Precious?

Precious metals are rare, naturally-occurring, and retain high economic value. They are mostly used for currency, jewelry, and industrial applications. Common precious metals include gold, silver, platinum, palladium, zirconium, tungsten, and cobalt.

What Things Contain Metal and Can Be Recycled?

There are literally hundreds of thousands of commodities out there that contain recyclable metal. If you are looking for some items to get started with, look no further than your pantry for aluminum soup and soda cans! Other recyclable items with metal include electronics, appliances, cars, boats, power tools, construction equipment, and more.

Where Can I Sell Scrap Metal?

In order to sell scrap metal in Indiana, you must first locate a trusted scrap metal recycling center. There are many fly-by-the-night businesses that will not offer you a fair payout for your materials, so be sure to do your research and find a scrap metal buyer that has been in business for some time and has good customer reviews.

Which Scrap Metal Buyers Will Pay Me the Most in Indiana?

Call Garden City Iron & Metal at 1-888-586-5322 to sell scrap metal for cash in Central and Southern Indiana. Our Indianapolis scrap metal buyers pay cash on the spot for both ferrous and non-ferrous metals, including junk cars, automotive parts, appliances, construction equipment, motorized farming equipment, and more.

Our scrap metal recycling services divert hundreds of pounds of metal waste each year, thus helping to reduce landfills and support the initiative to maintain a healthy balance of trade and resource sustainability in the United States. Our commitment to this meaningful enterprise is just as strong as our commitment to providing outstanding service for our clientele.

5 Fundamental Categories of Metal

Posted on July 26, 2019 by gardencity

If you are entering into the world of scrap metal recycling, it will help to learn which metals you will likely come by and how their particular properties can affect your overall profit. Although there are various kinds of metals and metal alloys, most can fit into one of five basic categories. The top five fundamental categories arguably include ferrous, nonferrous, precious, base, and noble metals.

Continue reading to learn some facts about each category, as well as, how to get started with earning money for your scrap metal.

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❶ Ferrous Metals

The word “ferrous” translates to “of iron”, so ferrous metals are those that contain iron. Iron retains magnetic properties, which means that magnets will attract to commodities that are primarily comprised of iron. However in some cases, the concentration of iron is too weak to attract a magnet, so additional equipment would be necessary in determining its true composition. The most common types of ferrous metals include wrought iron, cast iron, mild steel, carbon steel, and stainless steel.

❷ Nonferrous Metals

In contrast to ferrous metal, non-ferrous metals do not contain any iron content. If a magnet does not attract to an item, you can safely assume that it is nonferrous. Common types of nonferrous metals include copper, aluminum, lead, nickel, zinc, and brass.

❸ Precious Metals

Precious metals can be either ferrous or nonferrous, as they are any metal that retains high economic value and is a rare, naturally-occurring element. Common precious metals include gold and silver, but others high in value include platinum, zirconium, tungsten, cobalt, ruthenium, palladium, iridium, osmium, and rhodium.

❹ Noble Metals

Noble metals are still a debated category, as they are not always well-defined. However, for those who side with the categorization, noble metals are best defined as those that filled electron d-band. Under this definition, examples of noble metals would include gold, silver, and copper. Others suggest noble metals are those that resists oxidation and corrosion in moist air, which would exclude copper, but add in certain precious metals, like rhodium, palladium, ruthenium, osmium, and iridium.

❺ Base Metals

Base metals are metals that cannot, and are not, noble nor precious. In fact, a base metal is the opposite of a noble metal. On the other hand, silver could be an exception to this rule since it is sometimes used as a base metal for gold and platinum coatings. See our blog, “What are Base Metals?” to learn more about this category of metal.

Looking for a Scrap Metal Buyer in Indiana?

Call Garden City Iron & Metal at 1-888-586-5322 to recycle scrap metal in Indianapolis, Indiana. We buy and recycle any and all scrap metal and metal-containing commodities, regardless of condition. Whether it is covered in rust or not, we will accept anything with metal, including appliances, vehicles, auto parts, farm equipment, construction equipment and materials, boats, watercrafts, scooters, motorcycles, RVs, and more! Request a free estimate, today.

What are Base Metals?

Posted on June 7, 2019 by gardencity

Base metals are basically any common metal that is not a noble metal nor precious metal. Still confused? Not to worry; continue reading to learn what all of these terms mean, as well as, some examples of each.

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Base Metals

As mentioned, a base metal is any common metal that cannot be categorized as noble or precious. Silver may be an exception to this rule, as it is sometimes used as a base metal for gold and platinum coatings. Furthermore, they are generally the most readily available and inexpensive metals. Base metals are also more prone to corrosion, oxidation, and tarnishing. Examples of base metals include lead, copper, tin, aluminum, and zinc. Brass and bronze are alloys of these metals, making them base metals as well.

Another interesting fact about the properties of base metals is that they produce hydrogen gas when diluted with hydrochloric acid. This practice is primarily used for galvanizing applications.

Base metals have a second definition as being the primary metallic element in an alloy. For instance, the base metal of bronze is copper. Similarly, the term base metal can take on the definition as the metal core underlying a coating. For example, steel may be the base metal of galvanized steel. And as mentioned, silver is sometimes coated in gold or rhodium, making it the base metal of those commodities.

Precious and Noble Metals

Precious metals are rare, naturally-occurring elemental metals with high economic value. Throughout history, they were used as currency. Even today, there are still sold and traded as investments, as well as, among private buyers and sellers. Examples include gold, silver, platinum, tungsten, zirconium, cobalt, palladium, rhodium, osmium, and iridium.

Noble metals are a grouping of metals that resist oxidation and corrosion in moist or humid air. Common examples in order of increasing atomic number include ruthenium, rhodium, palladium, silver, osmium, iridium, platinum, and gold. However, there are multiple “list” for noble metals, as some contain mercury while other may include rhenium. Some lists include gold, silver and copper, but leave out all others.

How to Profit From Scrap Metal in Indiana

Call Garden City Iron & Metal at 1-888-586-5322 to sell scrap metal in Indiana. We pay cash on the spot for all metal and metal commodities, including vehicles, car parts, appliances, construction equipment, farming equipment, and much more! Collect all the scrap metal you can, and then sell it to us for the highest profit in town! Request a free estimate or information, today.

Three Common Categories of Metal Sensing Processes

Posted on May 28, 2019 by gardencity

There are three common categories of metal sensing processes, all of which effectively improve metal recovery rates. Continue reading to learn more about metal sensing processes, including where to get the highest profit for your scrap metal findings.

Metal sensing is used to identify and sort ferrous and non-ferrous metal among recycled scrap. Various process are used to perform this job, from crane-operated magnets and Eddy Current Separation, to highly-advanced sensors, infrared scans, and more. But when it comes to more challenging metals to sense and collect, such as gold, copper, palladium, platinum, and other valuable metals like lead and silver, more advanced and sophisticated technological methods are needed.

In large-scale metal recycling and reprocessing operations, the three primary process types for metal sensing precious and highly-valuable metals include hydrometallurgy, biotechnology, and pyrometallurgy. Here is a brief description of each metal sensing process:

? HYDROMETALLURGY

Hydrometallurgy is mostly applied in the field of extractive metallurgy, which involves using aqueous (a solution in which the solvent is water) chemistry in order to recover metals from their ores, as well as, concentrates and residual materials. This process of metal sensing is further broken down into three categories, which include Leaching, Solution Concentration and Purification, and Metal or Metal Compound Recovery. In fact, a metal chemical processing technique that compliments hydrometallurgy is pyrometallurgy, which you will learn more about below.

? PYROMETALLURGY

Also in the field of extractive metallurgy, pyrometallurgy is a metal sensing process that uses high heat to extract and purify metals. Applying extreme temperatures to metallurgical ores and concentrates promotes physical and chemical changes, which allows us to recover the valuable metals. This process of metal sensing can be grouped in one or more of the following categories: calcining, roasting, smelting, and refining.

? BIOTECHNOLOGY

Often referred to as bio-mining”, this process of metal sensing uses prokaryotes or fungi to extract valuable metals from ores. Why does this organic approach work? Because prokaryotes and fungi secrete organic compounds that bond ions and molecules to metal ions. Also because microorganisms use metals in the cell.

These processes allow such companies to retrieve and reuse higher quantities of metal in the scrap recycling industry, thus supporting the preservation of our planet’s natural resources, and reducing the need to mine for new ores.

Sell Scrap Metal for a High Profit in Indiana

Call Garden City Iron & Metal at 1-888-586-5322 to recycle scrap metal and junk metal commodities in Central and Southern Indiana. We pay cash on the spot for all junk appliances and electronics, including your old HVAC equipment! With our innovative, state-certified electronic scales, and our extensive, hands-on knowledge of the current metals market, we are able to deliver the best price for your scrap metal and metal waste!

What are PGM’s?

Posted on December 6, 2018 by gardencity

If you are new to the world of coin collecting, jewelry making, or any other field hobby that involves precious metals, you are likely to come across the acronym, “PGM”, at some point in time. Continue reading to learn what this industry abbreviation stands for, and what it has to do with precious metal profiting.

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Platinum Group Metals

The industry acronym, “PGM” stands for Platinum Group Metals. They are also known as platinum family, platinoids, platinum group elements (PGE’s), platinides, and platidises. Platinum Group Metals represent a set of 6 transitional metals that all share similar properties, and can be categorized as a subset of precious metals. Not only are these 6 transitional metals found all grouped together on the periodic table of elements (platinum is represented as Pt with an atomic number of 78), they are also commonly found co-existing together in minerals.

PGM LIST:

▶ Rhodium (Rh)
▶ Ruthenium (Ru)
▶ Palladium (Pd)
▶ Platinum (Pt)
▶ Iridium (Ir)
▶ Osmium (Os)

PGM PROPERTIES:

▶ Resistant to Chemical Attacks
▶ High Density
▶ Catalytic Properties
▶ Corrosion-Resistant
▶ Stable Electrical Properties
▶ Tarnish-Resistant

Attributes of Platinum

Platinum is dense, malleable, ductile, corrosive-resistant, and retains a very high melting point. These properties make platinum highly valuable in various industries all over the world. Platinum is used to make automotive parts, medical instruments, dental work, bullion, jewelry, and more. Even some cancer medications are formulated with platinum. Platinum is important to the metal industry since it retains higher economic value compared to other common precious metals like gold, palladium, and silver. In fact, the current market value for platinum metal is around $800 an ounce.

Anyone selling a used or busted catalytic converter can really expect a nice profit at a scrap metal yard. Anyone who owns platinum jewelry or currency can also assume their investment is sound. Although the current price for platinum is relatively strong, precious metal values are constantly changing and can drop or rise at any time. Contact a trusted Indianapolis scrap metal buyer for accurate information about current platinum prices, and how to sell your precious metals for cash on the spot.

Where to Recycle Precious Metal in Indianapolis

Garden City Iron and Metal 1-888-586-5322

Call Garden City Iron & Metal at 1-888-586-5322 to sell precious metal and scrap metal commodities in Central and Southern Indiana. We pay cash on the spot for both ferrous and non-ferrous metals, including junk cars, automotive parts, appliances, construction equipment, motorized farming equipment, and more. Call 1-888-586-5322 to request a free estimate for your scrap metal, today.