Youngtown, AZ · Serving All of Arizona · 25 Years Experience
Silver Refinery Near Me
Arizona’s Highest-Paying Buyer
YML Refinery is Arizona’s dedicated precious metals buyer — buying silver at live spot price. Family-owned since 1999. Walk in, get paid.
What Is a Silver Refinery?
How Is a Silver Refinery Different
from a Pawn Shop?
A silver refinery melts, assays, and refines silver back to near-pure metal instead of reselling it as flatware or jewelry. That is why a refinery will take material other buyers turn away — tarnished flatware, broken chains, sterling scrap, industrial silver, and mixed lots are all paid on content rather than appearance. YML Refinery has operated in Youngtown, Arizona since 1999. We test with an XRF analyzer, weigh on certified scales, and quote against the live silver spot price while you watch. Because we refine in-house rather than selling on to a wholesaler, there is one less margin between the spot price and what lands in your hand. Sterling is 92.5% silver and stamped 925; pre-1965 US dimes, quarters, and half dollars are 90% silver regardless of how worn they are. Plated items hold no recoverable silver, and we will tell you that before weighing rather than folding them into a single lump offer. Coins, bars, rounds, flatware, and industrial scrap are all quoted the same way.
Most people searching “silver refinery near me” end up at a pawn shop. Pawn shops buy silver as a sideline — paying 40–60% of melt value and relying on customers who don’t know better. A dedicated precious metals buyer is different. Silver is our specialty.
YML Refinery has been Arizona’s trusted precious metals buyer since 1999. We use calibrated XRF testing and certified scales — the same equipment professional refineries use. Every offer is calculated transparently, in front of you, based on the live spot price. No guesswork. No lowballs.
- XRF testing on-site — exact purity, not estimates
- Live spot price calculation shown to you at the counter
- 25 years of experience in precious metals
- Instant cash — no checks, no waiting, no delays
Also buying: Gold Refinery ›
Silver Refinery FAQ
Common Questions Answered
A silver refinery buys silver from individuals and businesses at live market prices and pays cash on the spot. Unlike pawn shops, a dedicated refinery specializes exclusively in precious metals, resulting in better equipment, deeper expertise, and consistently higher offers. YML Refinery has operated as Arizona’s dedicated precious metals buyer since 1999.
We pay based on live silver spot price and exact purity verified by XRF analyzer. We show you the spot price, the purity reading, the weight, and the math. Most customers receive 85–95% of melt value — significantly more than pawn shops at 40–60%.
Yes. We serve customers from across Arizona — Phoenix metro, Tucson, Flagstaff, Prescott, Yuma, and everywhere in between. Our location at 11115 Grand Ave #4, Youngtown is accessible from I-10, US-60, and Loop 303. Call (623) 974-3772 for a phone estimate before making the drive.
Arizona’s Silver Refinery — Open Now
11115 Grand Ave #4, Youngtown, AZ 85363 · Mon–Sat 9am–5pm · No appointment needed
Silver Refineries & Smelters — Common Questions
Are there silver refineries near me that buy from the public?
Most silver refineries only deal with trade accounts and require minimum lot sizes. YML Refinery buys directly from the public with no minimum — a single sterling spoon or a full estate lot are both welcome. We are in Youngtown, at the top of the West Valley, serving the whole Phoenix metro.
What is the difference between a silver refinery and a silver smelter?
Smelting melts material down to separate metal from non-metal. Refining then purifies that metal to a target fineness. For someone selling sterling, coin silver or scrap it makes no practical difference — what matters is that you are paid on assayed purity and live spot rather than on a flat per-item guess.
Do you handle both gold and silver in one visit?
Yes. We are a combined gold and silver refinery buyer, so a mixed lot is assessed in a single appointment — sterling, coin silver, karat gold, platinum and palladium all tested and priced together. You get one itemised offer covering everything you brought in.
How is purity determined?
By XRF analyser, which reads the actual elemental composition of the piece. That matters more on silver than people expect: hallmarks are frequently absent, worn, or simply wrong, and continental silver runs at 800 or 830 fineness rather than sterling's 925. Acid testing cannot tell those apart reliably. XRF can.
What minimum quantity do you accept?
None. We buy single items and we buy whole estates. Larger lots are worth calling ahead about so we can set aside enough counter time, and for very large lots we can provide a written assay breakdown for your records.