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Customer Update on Scrap Silver Payment, Processing, & Refining

How It Works

What We Pay

View our Scrap Buy Formulas View our Refining Schedule



See above for approximate spot price.

Formulas automatically adjust to unit of weight selected.


Amount Price / GramSub Total Margin

X (Spot X 0.028)=$0.00

X (Spot X 0.027)=$0.00


Total: $0.00


Manage User Margins

Determine your margins on scrap calculations. Enter your desired margin factor as either a percentage of sale, cash per dwt, or cash per gram basis below. Click "Save Margins" for them to take effect.

% of Sale
% of Sale
% of Sale

We Provide the Ultimate in Service Through:

Fast Shipments

Order by 4:00
and it’s out the door.

Low Minimum Orders

1 oz. Gold or 100 oz. Silver

Bullion Offsets

Trade Scrap for Bullion.

Professional Packaging & Shipping

No-worry Shipments

Offering COCs

Get paid fast!
(for qualified customers)

Promises Kept

We don't make promises we can’t deliver on.

JHCB Update Oct 24, 2025

GOLD PURCHASING: OPEN AND READY TO DO BUSINESS!!!
Normal turnaround times apply.

SILVER SPOT PRICING: Our silver spot price will be determined today as follows:

– Bid: DEC COMEX Flat
– Ask: DEC COMEX +0.40 

These are subject to change throughout the day without notice.

SILVER PURCHASING: WE ARE ONLY PURCHASING .999 FINE SILVER.
All other silver purchases, including US90%, are suspended.

– .999 Silver -1.50 (must be marked!)

Note that Jack Hunt is not currently offering advances on silver sales to us over $5,000.
Payment upon processing.

TURNAROUND TIMES:

– Gold: 1-3 Business Days
– Silver: 1-5 Business Days
– Silver Melts: Purchasing Suspended

Thank you, The Team at Jack Hunt

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