Trade counterparties only · since 1976

Lock your price before the box leaves your counter.

Roizin has bought scrap gold, silver and platinum from the trade since 1976, out of Booth 57 in the 37 West Jewelry Exchange. If you are too far to walk in, the lot travels instead of you — and the number is agreed before it moves.

The price is locked first. Then the box leaves your counter, the assay runs on video, and you are paid. 1 Lock the price 2 The box leaves your counter 3 Assay on video 4 You are paid
The number is agreed before the lot moves

Get a quote How it works

Why a lot is safe to send

Every part of the gap is covered.

Insured both ways, at our cost

Close, and an insured container comes to your street address. Cover starts at the first carrier scan and runs until the lot is settled — and back to you again if it is not.

The span from closing to settlement. Cover begins at the first carrier scan and runs, both ways and at our cost, through to settlement. Close Carrier scan Arrival Settlement Insured both ways at our cost, from the first carrier scan through to settlement.
Covered end to end

The price you locked is the price you are paid

Fixed at the moment you close it. The market can do what it likes while the box is in transit and your figure does not move.

You watch the XRF assay

Booked for when the lot lands. Weighed on camera and read on XRF on live video, and nothing is agreed until you have seen it.

Settled the same day

Once the assay is agreed on the call. Not on a statement cycle, and not when the metal moves on afterwards.

The risk stops being yours at the counter

From the moment the carrier scans the package it is our exposure, not yours. That is why we ask you to hand it over and take a receipt.

Fifty years of doing it

Roizin has bought from the trade since 1976, from the same block. The mail-in program is a longer arm on an old business, not a new one.

What we buy

Scrap and bench material, in whatever state it is in.

Nothing needs sorting, cleaning or straightening before it goes in the box. Mixed lots are the normal lot, and they are separated on camera when they arrive.

A pile of assorted scrap gold jewellery: broken chains, odd earrings and bent rings.
Scrap gold
Tarnished sterling silver flatware, mismatched forks and spoons.
Sterling
Platinum ring mounts and findings, empty claw settings with no stones.
Platinum mounts
A small heap of dental gold crowns and bridgework.
Dental
Jewellers bench sweepings: fine metal filings and clippings.
Bench sweeps

Gold from 8K to 24K, every karat between. Sterling and better. Platinum 900, 950 and fine. Gold, silver and platinum each have their own page.

Gold

Eight karat through twenty-four.

Scrap, bench sweeps, broken stock, dental. Karat is your declaration when you close; the assay on arrival is what governs.

Grades quoted
  • 10K
  • 14K
  • 18K
  • 22K
  • 24K

Anything from 8K up is bought. The five above are the ones the quote form prices directly.

On arrival

Read on XRF.

The same bench you would stand at, and the same instrument. The difference is the camera.

Weight

Send in grams, pennyweight or troy ounces. Every figure you are shown comes back in the unit you entered — we do not convert your weight and hand it back as a different number.

Silver

Sterling and better.

Flatware, hollowware, scrap and coin. Volume is worth sending; a handful rarely covers the carriage, and we will say so before you pack it.

Grades quoted
  • SL925

Coin .900 and fine .999 are bought too — enter them on the quote form and the figure comes back against the grade you state.

Weighing

Silver lots arrive heavy and mixed. Everything is weighed as one lot on camera, then assayed, then settled — in that order, with you watching.

Platinum

900 and 950 settings.

Mounts, findings, bench scrap and lab material. Platinum carries its own deduction per ounce, and it is applied before the rate rather than hidden inside it.

Grades quoted
  • .900
  • .950
  • .999
Mixed lots

White metal arrives mixed more often than not. Palladium and white gold are separated on camera before anything is weighed against your platinum quote.

The sequence

Four steps, and the price is fixed at the second one.

Most of what makes a posted lot uncomfortable is the gap between sending it and finding out what it was worth. Closing the price first removes that gap.

A precision digital jewellers scale with an empty pan.

Tell us what you have

Your area, then every grade in the lot and what each one weighs — in whatever unit you weigh in. See your figure, line by line.

A plain sealed corrugated shipping box with a security seal across the flap.

Close it, then fill the container

Closing locks the price to you, and sets the value the lot is insured for. We send an insured container; you fill it, seal it and hand it to FedEx.

A handheld X-ray fluorescence analyser, an unbranded grey instrument with a pistol grip, resting on a stand.

Watch the XRF

A call is booked for when the lot lands. The lot is weighed on camera, then read on the analyser while you watch.

A plain desk telephone handset resting off its cradle beside a closed leather ledger book.

Settled on the call

Nothing is agreed until you have seen the reading. Settlement is the same day, once it is agreed on the call.

Get a quote The longer version

What closing actually commits

A lock is a commitment on both sides.

When you close, we fix your price against the market at that moment and hold it for you. That is worth stating plainly rather than burying: it protects you from the market moving against you between packing and arrival, and it is the reason the terms below exist.

If the lot differs from what was closed: sending less is paid at the locked price with the rest still locked, sending more settles the excess on arrival, and a different grade is governed by the assay. A lot arrives Less than you closed Paid the locked price on what arrives. The rest stays locked. More than you closed The excess settles at the market on arrival. A different grade The assay on arrival governs, and you watch it.
What happens if the lot differs

A lock has no deadline. The price you close holds until the full closed weight has been delivered, however long that takes.

The locked price applies to the weight you closed. Send less and you are paid the locked price on what arrives, and the rest stays locked at that same price for whenever you send it. Send more and the excess settles at the market on arrival. Grade is your declaration at closing, and the assay on arrival is what governs — which is why you watch it happen.

Read the full program rules

Booth 57

Fifty years on 47th Street.

Roizin has traded from the Diamond District since 1976 and still buys across the counter every weekday. The mail-in program runs on that same counter — the terms are the same, the bench is the same, and you watch the reading on the same instrument.

37 W 47th St, Booth 57, New York, NY 10036.
Monday to Friday, 10:30 to 17:30. Ask for David or Egor.
(646) 702-0904 · info@roizinrefinery.com

About Roizin

The working counter at Booth 57: a precision scale and testing equipment behind a glass case of bench tools.
The counter at Booth 57. The scale and the testing equipment your lot is weighed and assayed on.

See what your lot is worth.

Asking commits you to nothing. Nothing is locked until you choose to lock it.

Two steps: asking for a figure, which commits you to nothing, and closing it, which is a commitment. Ask for a figure Close it Asking commits you to nothing. Nothing is locked until you choose to lock it.
Asking is not committing

Get a quote