Why gold plated items don't even have scrap value?

LOS ANGELES (Scrap Monster): The market is flooded with watches or jewelries that are plated with precious metals, be it gold, silver or platinum.However, any product plated with gold or silver doesn't have a scrap value.

This is for the simple reason that gold or silver plated items will not melt during the separation process and it adds impurities in the gold or the silver, according to Joe Montes, President of Cash for Gold Co.

Most of the time these "impurities" in the gold are nickel, iron or flat base metals that disrupt the melting process; for this reason we can only accept pure gold, silver or platinum. We don't care what karats are, just as long as it is real gold, silver or platinum." Many first time online gold and silver sellers may not understand this right away, so if you are reading this then take some time to make sure that your items are not plated before you send them in.

Montes also went on to express that, "Another issue that many first time online gold sellers are not aware of is that precious metals buyers are not retail buyers, they are paid a high percentage of their items against the market rate of the day." So remember, take the time to find out if your items are plated before you send them in as this will ensure your success in getting a fast check while avoiding the "No Value" status all the while.

On the other hand rising prices of gold and silver are attracting both sellers and buyers of scrap gold. Scrap gold refers to a gold material that that requires some time and energy to recover. Scarp gold can also be found in some parts of electronics such as computer mother boards, old cell phones, scrap electronic boards. In addition, high grade scrap can be found in gold plated integrated circuits, gold plated connectors, gold plated fingers, pins, connectors, and others although all buyers do not offer the same value to their customers.