How to Choose a Trusted Precious Metal Buyer in Indiana

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.

Precious Metal Buyers Indianapolis Indiana 1-888-586-5322
Precious Metal Buyers Indianapolis Indiana 1-888-586-5322

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!

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The Similarities and Differences of Noble and Precious Metals

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 Metal Buyers Indianapolis Indiana 1-888-586-5322
Precious Metal Buyers Indianapolis Indiana 1-888-586-5322

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.

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Types of Recyclable Precious Metal and Where to Find Them

Types of Recyclable Precious Metal and Where to Find Them

Metal recycling is one of the most important environmental initiatives you can contribute to without having to put in very much effort. Not only is metal recycling easy and good for the planet, it can make you some fast cash too since many metal recycling centers will pay cash on the spot for junk and scrap metal, including ferrous metal, non-ferrous metal, and even precious metals. It may seem like a waste to recycle precious metal because most people assume jewelry is the only version; however, there are many household and everyday items that contain recyclable and profitable precious metals.

Continue reading to learn the types of precious metal you can recycle, and which common items contain them!

Precious Metal Recycling 1-888-586-5322

Precious Metal Recycling 1-888-586-5322


Metals that are “precious” are rare. They are naturally-occurring elements that retain high economic value. In fact, they have been used as currency throughout our history, and even to this very day. However, today’s society uses precious metals more as an investment rather than common currency.

There are numerous types of precious metal found on Earth. The most common include gold, silver, platinum, and zirconium. Additional types of precious metal include:

Cobalt
Beryllium
Bismuth
Germanium
Iridium
Mercury
Palladium
Osmium
Rhodium
Ruthenium
Tungsten

Where to Look For Precious Metal

Precious metal is originally mined from the earth’s crust, but in terms of your home, you can find precious metals in many places. Fine jewelry is an obvious choice, which may include gold, silver, platinum, zirconium, and titanium. However, many people are not interested in recycling fine jewelry; these are more likely to be passed onto loved ones or sold at a competitive price.

On the other hand, less obvious items may contain precious metal worth recycling. These include:

Catalytic Converters – These essential car parts contain platinum, which is a highly-valuable metal.

Automotive Circuit Boards – These modern car parts contain gold. You can find circuit boards in CD changers, electronic displays, and navigation systems.

Computers and Electronics – These items have circuit boards, which contain gold. You can find circuit boards in all sorts of electronics, including cell phones, laptops, stereo systems, cameras, and more.

Old Appliances – Old or broken appliances may contain valuable metals like silver, gold, and palladium.

Fine Cutlery – Fine silverware can be made from pure silver or other type of precious metal.

Where to Recycle Precious Metal in Indianapolis

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

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

Call Garden City Iron & Metal at 1-888-586-5322 to recycle 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.