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Precious Metals
Silver Jewelry Scrap
Grade: SicoinHigh Tier
Sterling silver jewelry (92.5% silver) and coin silver
Market Price EstimateUpdated Daily
$28,500/ MT
+1850 (6.9%)vs yesterday
Verified specifications & market data
Certification Requirements
Required certifications, standards compliance, and verification protocols.
Chain of Custody Documentation
Explicit Requirement
- Must Provide Explicit Permanent: 'Complete Documented Chain From Source Through All Handlers Permanent
- Signatures At Every Transfer Point
- Weight Documentation At Each Stage Precise
- Sealed/Tamper-Evident Verification At Every Checkpoint
- Regulatory Compliance Permanent Documented'
Weight Certification - Professional Scale
Explicit Requirement
- Must Provide Explicit: 'Certified Scale Weight At Intake Documented Permanent
- Reweighing At Refinery Documented
- Weight Variance <1.5% Verification Certified
- Professional Scale Certification Current Valid
- Weights Documented At Every Transfer Point Precise'
Hallmark & Purity Composition
Explicit Requirement
- Must Provide Explicit Precious: 'Hallmark Inspection Results Documented Permanent
- Sterling Verification (925/Sterling Hallmarks Confirmed)
- Alloy Composition Identified Explicit (Copper %, Gold Trace %, Platinum Trace %)
- Precious Metal Trace Documented Explicit
- Jewelry Type Classification'
Fire Assay Report - LBMA Standard
Explicit Requirement
- Must Provide Explicit Ultimate: 'Professional Fire Assay Cupellation Documented Permanent
- Exact Silver Purity To 0.01% Certified Precise
- Weight Documentation Certified
- Refinery Certification Permanent Lbma-Accredited
- Precious Metal Trace (Gold/Platinum) Quantified If Present
- Market-Tradable Certification Lbma-Standard'
Gemstone Documentation
Explicit Requirement
- Must Document Explicit: 'Gemstones Identified And Documented Complete
- Separation Protocol Confirmed Explicit
- Gemstone Value Noted Separate If Applicable
- Weight Adjustment For Gemstone Separation Documented'
LBMA Compliance Certification
Explicit Requirement
- Must Verify Explicit: 'Lbma (London Bullion Market Association) Standards Compliance Confirmed Permanent
- Precious Metal Recycling Standard Adherence Verified
- Market-Standard Verification Certified Lbma
- Trading-Floor Eligible Certification'
Insurance Certificate - Precious Metal Coverage
Minimum Coverage
- 100% Of Declared Precious Metal Value (Silver Market Price) + 10% Contingency Minimum
- Maximum Tier Coverage Mandatory Critical
- Precious Metal Ultra-Premium Jewelry
- Maximum Insurance Tier Absolutely Mandatory Critical
- Value-To-Weight Ratio Extreme (£28,500/Kg)
- Full Coverage Mandate Critical
Assay Certificate - Market-Tradable
Explicit Requirement
- Must Provide Explicit Precious: 'Assay Results Documented Permanent
- Silver Fineness Certified 0.01% Precision
- Refinery Seal Permanent Authentication
- Market-Tradable Certification Lbma-Eligible Confirmed'
Rejection Criteria
Conditions and thresholds that trigger immediate rejection or downgrading.
Not sterling silver or silver-plated items insufficient
Threshold
Material identified as plated or silver content <92.5%
Action
- Immediate Full Rejection Absolute
- Precious Metal Specification Violation
Reason
- Material Is Not Solid Sterling Silver
- Insufficient Silver Content Precious
- Plating Only
- Not Market-Eligible Lbma
Test Method
- Hallmark Reading
- Fire Assay
- Xrf Verification
Severity
CRITICAL - PRECIOUS METAL SPECIFICATION FAILURE EXTREME
Consequence:
- Full Rejection Immediate
- Lbma Market Disqualification
- Significant Value Loss Catastrophic
- Counterfeit Risk
Silver purity below 92.5% sterling
Threshold
Ag <92.5% (below sterling minimum specification)
Action
FULL REJECTION or substantial reclassification with EXTREME price reduction
Reason
- Purity Below Sterling Specification
- Precious Metal Market-Ineligible Lbma
- Value Compromised Extreme
Test Method
- Fire Assay
- Xrf Calibrated Jewelry Analysis
Severity
CRITICAL - PRECIOUS METAL SPECIFICATION FAILURE
Consequence:
- Full Rejection Or Catastrophic Reclassification
- Sterling Premium Lost
- Significant Value Loss
Counterfeit coins or false antiques
Threshold
Material misrepresented in grade, authenticity, or numismatic value
Action
- Immediate Full Rejection Absolute
- Fraud Investigation Mandatory Critical
Reason
- Fraud Risk Critical: Fraudulent Material Detected
- Market Manipulation Extreme
- Lbma Market Disqualification Absolute
- Precious Metal Crime Potential
Test Method
- Hallmark Authenticity Assessment
- Numismatic Expert Evaluation
- Fire Assay Verification
Severity
ABSOLUTE CRITICAL - FRAUD/COUNTERFEIT RISK EXTREME - MARKET MANIPULATION - ZERO TOLERANCE ABSOLUTE
Consequence:
- Immediate Full Rejection With Investigation Mandatory
- Law Enforcement Notification Possible
- Lbma Market Disqualification Permanent
- Precious Metal Market Fraud Flag
- Criminal Liability Possible Extreme
Lead contamination excessive
Threshold
Pb >0.05% ppm-level (HAZMAT EXTREME precious metal standard exceeded)
Action
- Immediate Full Rejection Absolute
- Hazmat Emergency Protocol Mandatory
Reason
- Hazmat Violation Extreme Critical: Lead Exceeds Ppm-Level Extreme Dangerous
- Precious Metal Standard Violated Dangerous
- Occupational Exposure Risk Extreme
- Lbma Market Disqualification
Test Method
- Icp-Aes Ppm-Level Ultra-Sensitive Quantification
- Xrf Confirmation
Severity
ABSOLUTE CRITICAL - HAZMAT VIOLATION EXTREME PPM-LEVEL PRECIOUS - OCCUPATIONAL SAFETY CRISIS - ZERO TOLERANCE ABSOLUTE EXTREME
Consequence:
- Immediate Full Rejection With Emergency Hazmat Response Extreme
- Occupational Health Crisis Mandatory
- Hazmat Disposal Mandatory Catastrophic Seller Expense
- Regulatory Notification Critical
- Insurance Claim Potential Extreme
- Criminal Liability Possible
Cadmium contamination excessive
Threshold
Cd >0.01% ppm-level (HAZMAT EXTREME precious metal standard violated)
Action
- Immediate Full Rejection Absolute
- Hazmat Emergency Protocol Mandatory Extreme
Reason
- Hazmat Violation Extreme Critical: Cadmium Exceeds Ppm-Level Extreme Dangerous
- Toxic Element Extreme
- Precious Metal Contamination Critical
- Lbma Disqualification
Test Method
- Icp-Aes Ppm-Level Ultra-Sensitive
- Xrf Confirmation
Severity
ABSOLUTE CRITICAL - HAZMAT VIOLATION EXTREME PPM-LEVEL - TOXIC ELEMENT EXTREME - ZERO TOLERANCE ABSOLUTE
Consequence:
- Immediate Full Rejection With Emergency Hazmat Response Critical
- Occupational Crisis Mandatory
- Hazmat Disposal Mandatory Catastrophic
- Regulatory Investigation Mandatory Extreme
Severely damaged or integrity compromised
Threshold
Jewelry severely bent/broken/damaged; weight loss concern extreme; structural integrity compromised
Action
FULL REJECTION or significant weighting adjustment
Reason
- Material Integrity Compromised Extreme
- Precious Metal Weight Accountability Threatened
- Refining Loss Risk Extreme
Test Method
- Visual Inspection Comprehensive
- Weight Accountability Assessment
Severity
MAJOR - MATERIAL INTEGRITY FAILURE PRECIOUS EXTREME
Consequence:
- Full Rejection Or Substantial Weight/Value Downgrading
- Refining Loss Accounting
- Precious Metal Loss
Unknown purity or composition UNCERTAIN
Threshold
Cannot determine silver purity; no hallmarks visible; composition UNCERTAIN extreme
Action
FULL REJECTION pending MANDATORY fire assay EXTREME verification
Reason
- Safety Failure Critical Extreme: Material Identity Uncertain Dangerous
- Precious Metal Purity Unconfirmed Extreme
- Lbma Market Eligibility Unverified
- Precious Metal Fraud Risk Extreme
Test Method
- Comprehensive Fire Assay Mandatory Absolute Extreme
- Xrf Calibrated Analysis
Severity
CRITICAL - SAFETY UNCERTAINTY EXTREME - PRECIOUS METAL IDENTITY FAILURE - ZERO TOLERANCE ABSOLUTE
Consequence:
- Full Rejection With Mandatory Extreme Testing Critical
- Indefinite Quarantine Possible Mandatory
- Comprehensive Investigation Required Critical
- Lbma Market Disqualification
- Regulatory Investigation Possible Extreme