Buying Precious Metals, Coins and Other Things Requires Precise Scales and Record Keeping

We weigh things and give people money. That is the basics of our business. It is also why I have precision stainless steel test weights to make sure the scales are 100 percent accurate. People bring in gold, silver and platinum jewelry, coins, junk and other stuff. We pay them for the items based on what they are and their weight. With gold being so pricey, we could lose a lot of money if the scales are weighing heavy. We could lose our customers and our license to operate if they are weighing light. The county comes in an certifies our scales once a year. We keep a log of them being tested every day. If anything appears suspicious about a weight, we test the scale and confirm the weight using another scale.

For really pricey items we always confirm their weight on two scales. We use very precision scientific scales, so the weights are exact, even when using two scales. The scales we use are also quite durable. Continue reading “Buying Precious Metals, Coins and Other Things Requires Precise Scales and Record Keeping”