According to the companies, dental practices and laboratories should cash in their scrap on a regular basis for three key reasons:
- Accountability: Scrap is unaccountable, while regular shipments allow customers to keep track of their assets
- Liquidity: Precious scrap is not liquid until it is cashed in; raw scrap collects no interest
- Security: Scrap stashes are not insured; insurance companies will not reimburse in the event of fire or theft
Heraeus separates and analyzes precious metals in a single location to give laboratories and dentists the highest return for their dental scrap metal, eliminating fees and minimum lot charges.
Heraeus said it guarantees fair market value for customers' precious metals (gold, platinum, palladium, and silver), with settlement based on the London PM prices on the day of assay valuation. Customers can be paid in gold investment coins, a check, and/or electronic transfer.