We Are 100% Transparent
We fully disclose exactly what we pay for your scarp and the fee we take. This is because we are so confident you wont find someone that will pay more on your scrap ANYWHERE! Pawn shops, jewelry dealers, and gold buyers pay a maximum of 75% of the metal value for your scrap. Here at Exotic Elements the MINIMUM we pay is 85% for silver and an astounding 90% for gold. We can get such high payouts because you are selling directly to a refiner and skipping the middle man. In fact we are one of the only refinery’s that offers our services direct to the public.
Gemstone Removal and Payout
We work with multiple certified gemstone dealers to give you the best payouts on your gemstones. Our process works by having multiple gem dealers bid on your stones. We then pay you out based on 90% of the highest offer given. Or you can request your stones back if you don’t like the offer.
Payouts and Holds
Once we receive your material you will receive an email stating that your material has arrived and will be analyzed to determine the value of your lot. This can take up to 3 days depending on the complexity and variety of material you send. Immediately after a value is determined you will be sent a full price breakdown of your lot with our offer included. We are the only company that includes a full price breakdown so you know you are getting paid what you should. (see example)
Any Fees/Bonuses
We try to make the selling experience as streamline as possible for the consumer. As a way of accomplishing this we have very little fees so you know exactly what you will be paid. Most other companies will offer bonuses or seasonal discounts. We have decided to not go this route and pay the customer the most we can from the start. You can think of it like a bonus on your payout but instead of being situational it is all the time just for choosing to send your scrap to us.
Beating Our Competitors
Our main competitors offer a MAXIMUM of 90% payout on scrap and 95% payout on bullion. So we decided to make those payouts our MINIMUM starting points! Meaning no matter what you will get more than our competitors. In fact they only advertise 90% as their “maximum” but when we sent in a 14k gold necklace we received a shockingly low offer of only 71% the metal value.
Gold Bullion / Coins get paid out up to 98% of metal value
Silver Bullion / Coins get payouts up to 100% of metal value
Platinum Bullion / Coins get payouts up to 95% of metal value
Palladium Bullion / Coins get payouts up to 95% of metal value
Payouts might be lower for alloys containing under 5% weight in gold and 50% weight in silver (gold filled material is usually 2-3% gold)