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Woman working on metal

An accurate assessment is paramount for pawnbrokers and jewelers looking to refine their precious metals. Knowing the true value of your metals is essential for maximizing returns. This is where assaying comes into play. In this blog post, we'll get into the intricacies of assaying and how Mid-States ensures accuracy and transparency in the assaying process.

Introduction to Assaying and Its Significance

Torch melting gold

Precious metals hold an allure that extends far beyond their monetary value. For jewelers and pawnbrokers, these metals make up the foundation of the trade. But what happens when a piece loses its luster, breaks, or becomes outdated? This is where the art of refining comes into play. In this blog post, we dive into the essentials of precious metal refining. We’ll highlight the importance of choosing a reliable refiner and showcase the refining process at Mid-States Recycling & Refining.

 

Your Guide to Diamond and Gemstone Recovery

In the realm of precious metals, diamonds and gemstones are often overlooked treasures. However, many jewelers and pawnbrokers may not realize that these sparkling gems can significantly enhance the value of their refined metals. In this blog post, we'll explore the world of diamond and gemstone recovery, its importance in refining, Mid-States' approach to gemstone recovery, and how it can increase the value of refined metals.

 

We can't wait to see you at this year's regional and national conferences and events!

Mid-States has a proud legacy of supporting trade associations in the industries that we serve, and look forward to seeing you at regional and national shows and events this year! 
 

Jack Brown Mid-States

The California Pawnbrokers Association hosted its 66th Annual Convention & Expo October 21-23, 2022 in Universal City. Jack Brown was invited to speak on the science behind refining and offered a glimpse through the smoke so that attendees can make more informed decisions regarding their refining process. He shared a long list of specific recommendations with the group, including these three: 
 

Elevate Pawn Graphic

In March 2023, pawn industry leaders from across the country will gather in beautiful Vail, Colorado for an unprecedented and exclusive event—the first of its kind. Attendees will enjoy daily breakfasts, fresh and relevant educational sessions, plenty of time on the slopes, apres-ski cocktails, and a grand dinner on the final evening together. 

Space is extremely limited and more information is available at elevatepawn.com

What's Next for Gold Article

In a recent Moneyshow.com article, Mary Anne and Pamela Aden share "So it’s no wonder the markets are feeling overwhelmed and confused. It’s a complicated and unique time, and one we can’t remember being similar, except perhaps the 2008 financial crisis and the bursting of the 2000 tech stock bubble."

Ric Barr and Jack Brown

Our team was honored to attend the Midwest Pawn Convention, particularly since our own Jack Brown was given this prestigious award.

We were moved by his speech and wanted to share it with you as well:

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XRF Technology for Jewelers and Pawnbrokers can provide false sense of security.
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Maximize the value from high value dental Gold from post cremation recycling.