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Precious Metal Refining Services, Inc.

ID: 8739 Store 306 mi from you Barrington, IL 60010 +1 (800) 323-9785
4.7 (173 reviews)
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About Precious Metal Refining Services, Inc.

Precious Metal Refining Services, Inc. is a full-service precious metal refinery in Barrington, IL specializing in fire assay, fast settlements, and maximum yield recovery for nearly 50 years. This boutique coin dealer offers lab-grade fire assay testing conducted by trained chemists, transparent fees with no hidden charges, and rapid payment within 24-48 hours, serving customers across all 50 states and Canada. PMRS provides secure prepaid shipping with photo confirmation and complete AML compliance for all precious metals transactions.

Imported Listing Last verified: February 27, 2026

Imported listing assembled from public business information and numismatic directory sources. Some business details may have changed. Confirm directly with the dealer or claim this profile to update it.

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Reviews & Ratings

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4.7
★★★★½
8 reviews · 4.8 (165 on Google)
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S L Konter
S L Konter Google ★★★★★ 1mo ago

Great people to work with. Ted explained everything and followed through. Fair and fast and I will continue to use them.

Steven Maughan
Steven Maughan Google ★★★★★ 1mo ago

Ted was great to work with, they processed my lot quickly with a great return. I highly recommend and trust them .

Just mail
Just mail Google ★☆☆☆☆ 1mo ago

Tried to call and get information and the "gentleman " I spoke with I may have woke not sure . He was a very and I mean very poor communicator in my opinion. So reason for the rating company that was "open" was unable to provide information on their company and the individual I spoke with was rude in my opinion.

Kent Jewelers
Kent Jewelers Google ★★★★★ 1mo ago

We had a wonderful experience working with Crystall. She explained everything about their refining process in detail, making it quick and easy to understand. The whole process was smooth, and we couldn’t be happier with the service!

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Hannah Kim
Hannah Kim Google ★★★★★ 1mo ago

I’ve been in jewelry industry over 16 years and I’m so glad i have found PMRS last year. I sent them small amount of silver and gold to test them out and then sent them a big batch of silver(25lbs.) and gold scraps afterwards . Process was so easy and they provided shipping labels and bins. Got my big check super fast. Another big surprise was , I filled the 5 gallon bucket with sanding papers and blocks I used to file silver. I wasn’t expecting much because normally I would just throw that in the garbage. Ted from PMRS just called to tell me $480 check is coming just from a bucket filled with tissue, sanding paper and sanding blocks. Highly recommend! They give the highest payout from what I have seen.

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Marvin Tanner
Marvin Tanner Google ★☆☆☆☆ 1mo ago

I sent 2700 ounces of silver in September. I was paid for part of it, but I have been waiting to be paid many thousands of dollars. they have stalled and stalled, claiming a small amount of cadmium is the culprit. They said they sent it to a specialty refiner. I have never been kept informed without my persistent enquiries. I locked in at 42 and it is now 90. they have really harmed my life. the stress of not getting paid has caused heart problems. i urge the public to not trust these people. they have shown me how unreliable and untrustworthy they are. Eight years I put up with their excuses. More than two months ago they told me January from september, Really? i claled Russ Drellack on thursday and the update was we will have in update in the future. not paid me my money for more than 4 months after telling me 5-7 work days.

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Jaccalyn Korv
Jaccalyn Korv Google ★★★★★ 1mo ago

I am so thankful to have found Ted & his incredible business. Taking what looks like a bucket of trash, but what had nearly 10 ounces of silver in it. As a small business I can afford to be throwing my money literally away. My only regret is not discovering this service sooner.

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Frank altobello
Frank altobello Google ★☆☆☆☆ 1mo ago

I refined my silver several years ago and never got to write a review. There was a salesman John Urich working there and I asked for silver bullion in exchange for my scrap. First of all they said 75 ounces wasn't silver which is totally ridiculous. I've been doing this a long time and know tge drill. Then when I asked for the price to exchange for bullion John told me he would let me know. Then UPS delivered me 100 ounce bars at a $5 premium which I never agreed to. I talked to Sheldon who I believe is the owner and he agreed John wasn't that knowledgeable and would look into it. I never received a call back and unfortunately had some things in my life that took president and let it go at the time. I obviously cannot recommend these people because they didn't handle the situation right and I was definitely cheated. I could have got the bars for $2 over at the time not to mention the 75 ounces they claim wasn't silver. I have retired now and have more time. Sheldon just letting you know I have a long memory

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