North American Metals

Your Trusted Partner For All Your Refining Needs

 

To our loyal friends and customers,

We have a lot to be grateful for. 2025 has been a blessed year for us at North American Metals. May 2026 be the best year yet for all of us.

Mobile phone unlimited calling has become so inexpensive, easy, and widely available that there’s no longer a need for us to use 800 numbers so, as of December 31, 2025, we’re going to phase out our 800 number service

You’ll still be able to reach North American Metals as you always have been by calling me directly at 818-335-2888 or by calling, Kevin Wynn at 818-530-3148.

Thank you all for your friendship and your business through the year.  We will continue to do or best to deserve it.

Merry Christmas, Happy Chanukah, Happy Kwanza and Happy New Year.

“WITH OVER 30 YEARS EXPERIENCE IN THE PRECIOUS METALS INDUSTRY, OUR GUIDING PRINCIPAL IS TO ENSURE THE MOST ACCURATE RECOVERY OF YOUR PRECIOUS METAL CONTENT AND THE FASTEST SETTLEMENT IN THE INDUSTRY. SEE WHY OUR CUSTOMERS SAY WE STAND ABOVE THE REST. CONTACT US TODAY TO SET UP AN ACCOUNT AND GET A SPECIAL INTRODUCTORY RATE ON YOUR FIRST LOT.”

Free Pick-Up

We provide free pick up from most locations so that you don’t have to spend your company’s invaluable time and resources to deliver your lot for refining.

Accurate Analysis

While many other refiners have resorted to x-ray analysis, they compromise accuracy for speed.  We only use industry standard processes and techniques by independent, transparent laboratories for the most accurate results.  Never leave money on the table again.

Flexible Pricing

We know that every business is unique, that’s why we offer a wide range of pricing options designed to work best for your business needs. From advance pricing to automatic settlement on the London PM Fix, you are in control.

Fast Settlement

Cash flow is the lifeblood of most businesses, that’s why we offer advances and/or same day settlements by wire transfer, ACH, checks or direct deposit.

Our Process

Simple, Straightforward, Superior
From Shipment to Payment, We are here to make your life easier
“Our efficient and thorough process ensures a fast turnaround without sacrificing accuracy.

Try it out and see for yourself how it can work for you.”

Shipping & Receiving

Securely pack and ship your lot to us through USPS, UPS or FedEx.  For large lots, we can arrange armored carrier pick up.  Once we receive your lot, we’ll weight check it against your packing slip.  Any discrepancy is reported to you before your lot is processed further.

Industry Standards

Your lot is processed according to the materials in your lot.  For standard karat scrap lots, they are melted with our high grade induction furnaces to achieve a homogenous bar.  A sample is then extracted for a fire assay analysis performed by an independent, third party assay labs.

Pricing & Payment

Once your precious metal content is determined, your preliminary settlement report is sent to you by email or fax.  You can choose to price at the first available market or wait to price at a later date.  After you have fully priced your metal(s), we pay you by wire transfer, check or direct deposit.

What Customers Say

Our customers always come first. Here's what some of them say about us.

  • I have used and have known Michael Elliott and North American Metals for close to forty years. He is a Gentleman and a consummate professional.  I have done a high seven figure volume with  Michael every year for decades. I have never worried about payment. Not only has payment been prompt, it has always been very competitive with  anyone in the industry. His detail and accuracy is only exceeded by his honesty.  His business has grown and continues to maintained old client because his desire to serve his clients and do whatever is necessary to satisfy and exceed their expectations.  I trust him and give him 100% of my business. 

    - Sam Shocket, CEO, King's Jewelry and Loan

  • Back when I first joined the pawn industry in 1987, if it weren’t for Michael and his staff taking the time to make sure pawnbrokers were aware of the different scams going around, many of us wouldn’t be in business today. We never have to worry about our metal while in their possession, which is why we continue to do business with them after all these years.

    - Dave Newman, Owner, Cash Loan, Inc.

  • Michael Elliott and North American Metals have been nothing short of perfection to deal with for the refining and selling of scrap precious metals. They exude integrity and have met or exceeded my expectations every time my company has dealt with them.

    - Michael Isman, President, Royal City Jewellers & Loans Ltd.

    •  

Precious Metal Verifier

The essential tool needed to determine the authenticity of your coins and bullion is now available to purchase.  

PMV

 

 

Resources

Hallmark and Gold Coins Reference Charts

Gold-Coin-Reference-Sheet

Hallmark-Chart

F.A.Q.

Frequently Asked Questions

“Does NAM do its own refining?”

N

o, NAM controls the quality of the refining process done by the top refiners in the world. By having our experienced representatives present at every phase of the refine process we control the quality of every job we do. And by using the services of the most efficient refiners in the world we pay less to get you metal refined. That simple formula means that by working with NAM, you get the best value for your refining dollar.

Maybe having a physical plant was necessary in the nineteenth and twentieth centuries. In today’s world, it’s not. There’s so much refining capacity in the world that NAMs business is highly sought after. One gains no benefit from owning a refinery. Decades of experience in refining gives us the knowledge and understanding of every step in the refining process. When you want to buy a car, you go to a dealership, not the factory. When you want to buy clothes, you go to a store, not the clothing plant. When you want the services of a refining company, you don’t have to go to a refinery, you can go to a refining services company.

 

“Our current refiner uses an x-ray machine to assay our lots and says they are very accurate. Why is a fire assay better?”

X

rays are simply not as accurate as a fire assay in determining the fine metal content of your lot. Fire assays has always been the “gold” standard and is the industry standard according to the American Society for Testing and Materials. With the high price of gold per troy ounce, the discrepancy of an x-ray analysis can result in hundreds if not thousands of dollars left on the table.

 

“But an x-ray only takes a few minutes while a fire assay can take days or weeks. What if I can’t wait that long?”

A

fire assay or other chemical analysis on traditional karat scrap can be done in a few hours, not days or weeks as some refiners may claim. We provide same day fire assay results so that you don’t have to compromise accuracy for a fast settlement.

 

“With a volatile market, can I pre-price my lot before I ship them?”

W

e offer advance pricing for all of our established customers. This can give you the piece of mind knowing your goods are priced before we receive and process them.

 

“Can I get an advance on my lot?”

Y

es, we can send you an advance based on how much you have already priced. As soon as your shipment arrives and is weight checked by our receiving department, we’ll send your advance by your preferred method.

 

“What if I’m not ready to price and settle? Can I pool my lots?”

A

bsolutely. You are not required to settle your lot within any specified time. Just let us know whenever you are ready to price and settle.

About

Michael Elliott

Chairman & CEO

TIME-TESTED, PROVEN LEADERSHIP IN THE PRECIOUS METALS INDUSTRY

“Refining is a service,” says Michael. “It’s about doing the best possible job in the shortest possible time for a fair price. It’s not about quoting the cheapest price and doing the cheapest work.”

“We’ve built a solid reputation putting the quality of the job first,” Michael adds. “We all grew up learning that the stingy man pays the most. We’d never shop price for a brain or eye surgeon, a parachute, or underwater breathing gear. Common sense says there are times to put quality before quantity. It’s no different when you hand someone a bag of scrap. That scrap is just like uncounted money and you’re looking for the most dependable counter to let you know exactly what you’ve got.”

With more than 30 years of experience serving thousands of pawnbrokers, jewelers and manufacturers nationwide and overseas, North American Metals has built a reputation based on integrity, reliability and innovation.

Our knowledge of refining and quality control systems means we can assure our customers receive reliable and accurate same day fire assayed results on Gold and Silver performed by independent, third party labs. These labs have no conflict of interest so that they can focus solely on delivering consistently precise results for all of our customers.

We’ve been in business since 1984. We’ve been tested. When everything was taken from us and everyone said we couldn’t survive, we stood strong. We prevailed. We kept faith with our customers. We’re stronger than ever. We’re a proven resource with proven integrity.

Contact

Contact us to open an account and/or get more information.

Contact Info