The|Coinologist.

Curator of Coins, Currency, and Cool Stuff.

Ohio Precious Metals | Refinery

with 5 comments

Refineries are places that few people will ever go to, or do any business with what so ever.  What people don’t know that this is where most coin dealers, jewelers, and “We Buy Gold” business get their scrap gold, silver, or any precious metal melted and assayed.  It is only at this point you can sell these metals on the  market at market price.  I found Ohio Precious Metals located east of Cincinnati, which seems to be a full service and reputable refinery.  They claim to be Socially Responsible, belong to numerous associations, and is the only refiner in the world that has a Brinks Vaulting Service located within their refinery.  I find this pretty impressive.  Refineries are few and far between due to the refining process, which can be very toxic and cumbersome.  That being said, doing business with one is total opposite, one phone call I’m sure you would find out how easy it is to get your scrap metal refined.

Written by Robert L. Wilson

June 27, 2011 at 6:27 am

5 Responses

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  1. Do you process telecom circuit cards?

    Dave Nicoletti

    June 30, 2011 at 3:37 pm

  2. Anyone know the equipment used at ohio precious metals? Trying to figure out what type of furnace, converter, ect is used for melting and refining. Any information would help

    Ryan

    September 6, 2012 at 6:49 am

    • Ryan, my name is Conor Dullaghan and I’m the VP at OPM. I appreciate your question, but as you can imagine, this information is proprietary. I can however share the following – we have numerous pieces of equipment that perform various tasks – ranging from simply ensuring we get a good, homogenous melt of the customer’s material, up to an including, others capable of doing some pretty neat pyrometallurgical upgrading. Furnaces range in capacity from 300 troy ounces (used primarily for Platinum lots) up to 100,000+ troy ounces (obviously for Silver lots).

      By the way, I’m please to announce that we are now “Good Delivery” at COMEX for both gold and silver and the only refinery in the US compliant to the EICC/GeSI – Conflict Free Smelter program (which was developed as a response to Section 1502 of the Dodd Frank Act).

      Conor A. Dullaghan, Ph.D.

      September 6, 2012 at 10:27 am

  3. The reason I ask is because I work for a company, ISI-USA, and we are a full service company specializing in engineering service, design, and refractory material sales. I’ve been attempting to speak with someone at OPM for weeks and no calls have been returned. I’m simply interested in knowing what refractory materials are used and the type of furnace.

    Ryan

    October 3, 2012 at 9:50 am


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