Precious Metals Recovery since 1981
With our in-house melting facility, Gerrards ensures that your material is processed transparently and efficiently. We use an independent government approved laboratory for final assays to maintain impartiality. You are also welcome to watch your items being melted.
We offer flexible settlement terms allowing payment by Bank Transfer (BACS, FPS and CHAPS), Cheque, Cash or Metals Account Transfer
To arrange an appointment, delivery or watch your melting process, please call us.
Precious metals melting service
Scrap Purchasing Services
Gerrards provides scrap purchasing services to the trade and the public from its Hatton Garden premises for over 30 years.
You are guaranteed a reliable, fast and efficient service, with best prices paid and no hidden charges. If you would like to discuss your requirements please do not hesitate to contact us.
Additional Informations
Gerrards buy precious metal scrap in virtually any form, including:
- Gold, Silver, Platinum, Palladium, Rhodium and other PGMs
- Live jewellery scrap and assayed precious metal ingots (bars)
- Investment bars and coins
- Jewellery, lemels, sweeps and scrap requiring melt and assay
- Stone sets jewellery for stone reclamation
- Dental scrap, lemels and sweeps
- Ores, dore bars, nuggets and alluvial
- Job lots, end of lines and retailers redundant stock
- Platinum group metals, scrap and residues
- Powders in various forms (catalytic converter, de-canned)
- Clean and hallmarked scrap: Same or next day
- Assayed bars: Same or next day
- Lemels and melts: 3 to 5 working days
- Sweeps: 7 to 10 working days
We offer the following payment options:
- BACS
- FPS (£5.00 charge, for amounts up £100,000)
- CHAPS (£23.00 charge, unlimited amount)
- Cash
- Cheque
- Return of fine precious metal
- Metal account transfer
- Exchange with our range of semi-fabricated products, second hand and new goods
Our Charges and Fees
| Au melt & assay up to 1 kilo | from £45.00. Between 1 kilo and 5 kilo £60, additional assays Ag £25, additional Pt and or Pd assays £25 each |
| Ag melt and assay up to 1 kilo | from £45.00. Between 1 kilo and 5 kilo £60 |
| Pt melt and assay | from £90.00 |
| Pd melt and assay | from £90.00 |
| Au sweep treatment charge £6 per kilo | minimum charge £60 including a gold assay, additional Ag £37, additional Pt and or Pd £37 each |
| Ag sweep treatment charge £6 per kilo | minimum charge £60 including a silver assay, additional Pt and or Pd £37 each |
| Gold leaf type materials treatment charge £5 per kilo | minimum charge £85 including a gold assay, additional Ag £32, additional Pt and or Pd £37 each |
| Special Delivery per Parcel insured to £2,500 | from £10.00 |
| Securicor Charges out per parcel insured to £100,000 | from £30.00 |
| Securicor Charges in per parcel insured to £100,000 | from £30.00 |
Payments methods available
BACS, CHAPS, FPS, Cheques or Cash
We offer various ways of payments to convert your precious metals easily. These include BACS, CHAPS, FPS, Cheques and Cash.
Fine Precious Metals
With Gerrards, you have the possibility to change your scrap gold into any bullion product, such as gold grains, bullion bars or coins.
See our bullion products
Metal Account Transfer
You can open a fine precious metal account with us and deal directly without the need of holding the physical bullion.
Contact us to open an account
Why choose Gerrards ?
"With 50 years experience, we aim to give our clients a consistent, reliable and quality service at a fair and reasonable price"
Deposit in advance
To help our customers with their cash flow, we are able to give deposits against goods received for processing.
Price Fixing
You can choose to fix your metals on the London Fix or on the Live Metals trading prices.
Diamond Recovery
Should you wish to recover diamonds or precious stones from your materials, we offer a reclamation service.
Secure Premises
Our secure premises and parking enable us to receive our client in the best dealing environment.
Price Transparency
All our prices are the same regardless of hallmarked or non-hallmarked items.
Nationwide Logistics
For our business customers, we offer fully insured collection & delivery up to £100,000 value of goods and drop of cash services.