Testing BRAND NEW Gold Bars Worth Over $200,000 With My Gold Dealer!
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- เผยแพร่เมื่อ 14 ต.ค. 2023
- Testing BRAND NEW Gold Bars Worth Over $200,000 With My Gold Dealer (PART 3) showcases my bullion dealer walking the viewer through the process of taking old gold jewelry and melting it down into huge gold bullion bars. My precious metals dealer discusses why it's crucial to do these gold melts and what he looks for when going through scrap gold jewelry, gold watches, and other items which contain both silver and gold.
Be sure to check out Andrew's business Bayshore Bullion Exchange and let him know Stormy sent you!
Andrew Henn
Bayshore Bullion Exchange
bayshorebullionexchange.com/
732-895-5200
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Thank you for your video. For those who are unfamiliar with the gold melting procedure, the reason why borax is melted with the gold is because it is used as a flux. Molten flux acts as a barrier against oxygen in the air and floats off lighter weight impurities. When cooled the solidified flux now known as slag becomes vitreous, brittle and easily cracked. The metal purity assay which Andrew Henn demonstrates on his Thermo Scientific Analyzer is known as X-ray Fluorescence (XRF) Spectroscopy which determines the composition of metals scanned in a sample. The other metal assay which a gold sample is sent out is called as a fire assay. A fire assay is also known as Cupellation where the gold sample is combined with measured out portions of other metals and together wrapped inside a small envelope made of lead foil. The packet is carefully weighed to determine its initial weight. Then the packet is placed in a small crucible called a Cupel and put in a hot kiln for melting the mixture of metals. Because the Cupel is made from a special porous heat resistant material, it will absorb molten impurities and other metals except for gold. At the conclusion, the remaining pure gold button is weighed to determine its final net weight. The calculation of the weight loss of the other metals and impurities determines gold purity compared from the start when the sample had impurities in it to its final weight when it has now been refined into pure gold.
Great explanation. Thank you for clarifying that. Sometimes when I talk about this stuff I assume most people know but they probably don’t. Next time someone asks me I’m referring back to this 😂
Is this an AI generated comment ?
Just asking because it's perfect.
Why not just use AA? A very accurate method that requires a small amount (mg).
This is very thorough and I have a limited understanding of this but now I feel like I have a lot more general knowledge. Thank you. 🙏🏼
And it costs about $20,000
I normally have a hard time trusting gold dealers, but this guy seems completely transparent and above-board. I'd have no problem doing business with him.
Anyone who does business with me is in good hands. Appreciate the comment.
Really appreciate his willingness to share his craft.
You guys must have a great relationship. I hope you appreciate how big of deal it was that he showed you his gold, his process, and let you post it for anyone to see. This business is pretty tight lipped and people are extremely careful. Thanks for sharing this; I always like to see the behind the scenes of gold shops.
You bet! Yeah, Andrew is the real deal.
GREAT RELATIONSHIP? HE IS BEING TRUTHFUL ON CAMERA. THE OTHER SEEMS NOT ACTUALLY KNOWLEDGEABLE. FIRE ESSAY.
@@whatcher8151 do you mean fire assay?
Thank you and Andrew both for showing this!
It's kind of a hidden world, behind the scenes.
This was fun and educational.
Stormy - this is actually a truly great & unique video. Very cool to see the recycling process from essentially gold teeth 😬 and broken jewelry…back to raw “d’ore bars” …and to have him explaine
how that whole system works as they go on to fire assay and presumably resold to mints or jewelers. You asked really good questions too! 👍🏼
I hope you’re having a blessed Sunday ✝️ and good week!
Thanks Andrew for showing Stormy and the stacking community the process of melting gold jewelry into bars. It's fascinating to see a bar of that size. Great series guys!
Thanks for watching.
Great series Stormy, I enjoyed all three videos explaining the process.
So fricking cool. Most I’ve ever melted was about 2oz of gold. Couldn’t imagine seeing this much gold in liquid form. Thanks man.
Andrew and I did business w silver and gold buying and selling a few times. HE IS TOP of the Hill awesome to deal with. Thank you!
Thanks for saying that. Always appreciate the business.
I like his attention for detail and not just pass stuff off.
Agreed
This is the opposite of attention to detail.
This makes perfect sense to me. I spend most of my time watching TH-cam mining and prospecting, or chemistry channels. So I've seen alot of processes demo'd for refining gold from raw ore or on some of the chemistry channels different ways to seperate jewelry into pure gold and silver. But I'm always interested in what process each professional uses with precious metals. This helps me understand this step in the metal recycling process and how we end up with the final product of 24K refined, weighed, and stamped gold bars.
Fun fact. The FXRF (xray) machine he's using looks like a gun from star trek because the inventors were huge fans and designed it that way on purpose 😂 the PXRF is the yellow part under the gray box he puts the sample in.
That is a fun fact. Didn’t know that.
Andrew is living my dream life!
Thank andrew for showing us his process.
@@StarStacker-hf3iz It was my pleasure. I like doing these videos with Stormy. He’s good at this and has a good audience. You’ll see more of me in the future.
Haha same.
Bob Menendez 😂
That was really cool and educational to watch - thanks for sharing that !!
Stormy and Andrew, thank you all for sharing this series with us. Has been very fascinating to watch the process.
I enjoyed doing it. Thanks for watching
Glad you enjoyed it
great info thanks
just listening to that guy talk with his badass accent was cool enough plus the gold bar was amazing to see. great video and love to see that gold being refined
Glad you enjoyed it
Awesome video, I was wondering what that machine was in the background on the first couple of videos. Next Video we need to see Andrew's gold necklaces and rings he's sporting! 👍🐸
That was very interesting, thank you. I enjoy watching the aqua regia refining from some of the prospector channels and others, materials analysis is fun stuff.
THat was a cool process to see! Thanks for sharing!
The machine said that the gold bar was 13 K, so you could refine it more, remove the 40 whatever percentage of copper, silver, get it purer.
You're gonna lose a third of weight, but hey, it doesn't look like you have a shortage to melt! Haha Great video brother!
That was a cool video. The process is very interesting and im glad he was willing to show it. More of this type of video please!
Will do!
generous with his knowledge and we all learned something
thank you Andrew!
Thanks for watching
Really good video explaining your method
This is why we need to stack cash during the depression.
Nice. Can't believe you guys shot this at 7 in the morning.
Do you refine further? The bar ended up at 13.5kt, might be worthwhile to inquirt the gold with copper and use nitric acid to remove the impurities. Also electricity could be used with a dilute nitrate solution. You will be left with gold mud plus coppper and silver on the cathode. The gold comes out about 99.9 pure if no platinum group metals are in the mix.❤
Great set of videos to watch ty bro
Republic Metals let’s gooooooooo
Great report, thank you both. Andrew has a nice setup, fantastic.
Our pleasure!
Super cool. 50k gold bill.
A big thanks to you and Andrew for sharing this process.
Our pleasure!
That's pretty cool. I use acid to refine gold. I took in 4.6grams this week and scanned at 99.11%
What a great process to watch! Don't think people understand how much
Very enlightening!
Looking like Mr. T wearing all that gold.
Interesting process, i was wondering why he would do it rather than just sending in the loose jewelry.
Going through the process he knows better what to expect for final gold value before he sends it off.
Basically a checks and measures type of thing so he knows what he should have for expected value.
I do send it in loose sometimes. When I melt it myself its all complete no question what’s there. I do like that better but it is time consuming.
I recently helped someone liquidate several 100-ounce bars of silver. The tests at the coin shop were extensive and they showed us a fraudulent bar to explain why they were doing the tests. At that point I realized I would NEVER purchase a 100-ounce bar of anything. Too many fraudsters out there.
I buy hundreds of 100 oz bars a month. Never seen a fake one.
Very educational. Thank you for sharing your time, talent and knowledge.
Glad it was helpful!
10 out of 10 minutes, thanks for showing your vid. It's,,really good and looks like a fun job ,.
Great video, thank you
R/Thomas
Love this look into the process!
Thanks for watching
Cool video! I have had the pleasure of sitting through the process before
Glad you enjoyed it!
Thanks for watching
Great information 👍
Excellent information! I do understand the 8% silver not worth fussing about.
Wow I would love to have an xray machine like that! Thank you for sharing :)
Thanks for watching!
Best waxy to purify gold scrap is to inquartation and nitric acid boils after to remove the silver and other base metals .after you do that a few times until theres no more reaction then its time for aquarega to dissolve the gold let it cool then use metabolic sulfate to bring the gold out of the liquid whats left is pure 999.9 fine gold
This was an awesome video
“Every gold bar gets the sandpaper treatment” 😂😂
These are karated scrap gold melts. They aren’t .999 gold. Without cleaning it the bars would look terrible.
Awesome video. Most educational 🤓😎👌
Out of the thousand plus videos i have watched related to precious metals this is top 10 for sure!
Cool stuff stormy
This was very cool. Thanks for sharing.
Glad you enjoyed it
Very fascinating and interesting. Great explanation of what was going on.
Thanks for watching
Waiting on that ping test lol
You missed it during the drilling process 😂
😂
Lol
I learned allot from this video thanks for sharing the knowledge!
Glad it was helpful!
Thanks for the information. I had No idea. Just subbed!
Thanks for the sub!
I really enjoyed watching that, Thanks to the both of you!!!
Thanks for watching
Our pleasure!
Good video, really enjoyed it. Hagd.💯
Appreciate it
Very interesting. Thanks.
Why does the guy behind the camera sound so amazed at everything
🤔
GETTY up son!@
This was class !
Good job men Gold is just amazing it's able to capture your soul lol 😂
Thanks for watching
very nice to see this
Very nice and informative video !
Glad you liked it!
43yrs smelting I will add just this 1 thing. His slag buildup is due to rapid cooling before allowing it to cool a bit before dipping/washing causing the buildup to spread. Can remove the amount by doing a slow cool (letting it air cool) then dipping or the easiest way to remove it is while the gold is molten by using a graphite or fused silica stirring rod to skim off the slag. Slag when cooling as he did will gather some gold as well educing the end weight, skimming before pouring doesnt (if you do correctly). The only difference is with 24k gold obviously because of its lack of other components inside i.e copper (which causes the majority of slag in gold pours) but anything less than 24k you always wanna skim to reduce loss and save yourself a hour or two of cleaning. Also 8% silver is 100% WORTH refining out of the bar lol. 8% of that is about 72sv ounces worth well over 1500. And removing silver from gold is pretty easy so not sure what he meant by its not worth it lol that def incorrect. 8.2/10 id say, minor operation it looks like so cant fault the guy. But NEVER let someone tell you 8% silver in a 100oz bar isnt worth extracting 🤣 in fact, I would have extracted the other metals before pouring a full bar since you lose a % during the pour so now on his extract he will have to repour and lose another %.
Mind you the more you slow cool it the more congregated the slag will be and easier it is to remove. If done right you can take a basic scrapper or anything hard and scrape the slag right on off. Also steel is 40% stronger than gold, using a steel wool over sand paper is a no-no when de slagging. It may not look like it but there is gold being removed layer by layer and even on the hammer you hit it a few times and look at the hammer head, it will have a gold tint. ALWAYS use low grit sandpaper as even 200 grit is 50% weaker than gold and will remove its sand before removing any gold. I used to do what he did back in the 90s but no more. Now instead of a 6% loss on a 100oz pour I only lose 2% and its ALL from the pour never the cleaning as I now use low grit sandpaper over wire brush.
Question. The economy is a trainwreck and no one can really spare the money for shiny trinkets or electronics. Banks are destroying currency which drives up gold; but gold has little value aside from mentioned. Any thoughts?
Look how big the drill bit is that adds up
Super cool series, thank you.
Thanks for watching
Glad you like them!
That was a cool video
that hammer has to be about 60 years old and still doing its job
I use borax in bronze casting. Its stops it oxydising and makes it flow better. Those xray machines are amazing. In the past the only way to test a sample would have been a fire assay I guess. The numbers he got from this gold bar tell you how little gold is actually in your gold jewelry.. Not sure about gold but I used to deal in a lot of silver and the UK had the best touch marks and highest values. When you get down to asian silver it was rarely marked so you could get very good deals on it if your willing to take a chance..
That was very interesting!
Glad you think so!
Hope u got a septic system.
What a cool job!
Great video stormy and Andrew thanks 👍
Thanks for watching.
Glad you enjoyed it
The amount of shielding around the XRF analyzer is quite small. To me, that indicates it is a low power beam that measures surface scatter, rather than deep beam penetration. That's OK, if you are aware of that limitation and you mix the molten stage well and are dealing with honest people. It's too easy to bury a tungsten bar in the center, so before I would purchase such a bar, I would drill a few holes and test the shavings. This video was edited very well. No fluff and nothing to waste my time, so you earned me as a new subscriber. Thanks for posting this.
Thanks pal! Appreciated!
This was very interesting…good for him to be making money like that ….
Great video and content as always! Is Steve still around?
Impressive. Most impressive
These commenters are silly. It was an interesting step in the journey of high volume gold sales, not a heres a bar to stack video. Thanks for the content!
😃
Thanks for watching.
Holy cow what a cool ass video and I only just seen the beginning
Thanks pal!
Super cool video! Interesting but not too difficult of a process.
I might be over-thinking it, but I assume the end machine measures the % of the elements in the bar not by weight but by volume. And based on Gold weighing nearly twice as much as silver, wouldn't that mean a higher amount of gold is actually in the bar?
For example: If the machine read 50% gold and 50% silver by volume, that actually means 66% gold and 33% silver by weight.
very cool
Wicked Mint!
This is good content
Very interesting and informative.
Glad you think so!
Thats some serious weight💸🍻😎
Yep
Interesting process! I wonder how does Andrew extract the silver from the gold bar?
The companies I sell to refine the metals and separate them. I’m sure they get every metal you see on that X-ray machine. The silver, copper, zinc. It’s separated chemically.
Great content right there.
Thanks for watching
This is cool af.
Awesome video loved it! So interesting 🙂
Thanks for watching
Glad you enjoyed it!
I trust my source of gold, because I dig it up out of the ground and am the first human being to touch it. Placer mining baby!
Awesome 💪🏻
Bro raise your voice volume , through a big tv to hear you clearly means the banging and clattering of everything else is like you're in my front room loud/too loud 😂👍🏻
I dunno if he pre heated the mold he poured the gold in but my guess was now. If he did the surface of the gold would be a bit smoother. Thanks
Please stick to gaming pal.
Fascinating.
Thanks for watching
Now I want to smelt. Darn you two!