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Thread: My Dealings with ARA

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  1. #1
    Charter Member
    us
    Mar 2016
    Port Huron MI
    2 Fisher CZ-21's 8 and 10" coils Tesoro Tiger Shark 8 and 10" coils (Interchangeable) Minelab E-Trac with Sun Ray Probe
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    My Dealings with ARA

    Just thought everyone would like to know my latest dealings with ARA. I sent into them two weeks ago 1586.00 in scrap wedding rings. 7.24 DTW of 10K, 29.70 DTW of 14K and 4.5 DTW of 18K. I was expecting 1586.00 in cash value. I was very surprised to find they assayed it out 125.00 CHEAPER.

    I know they are under new ownership and all the folks I used to deal with are gone. They are no longer a family owned company either. The person that supposedly did all my gold won't let me talk to an owner. I am not impressed with them anymore and will probably go to a different refinery.

    I have been using them exclusively since 2009

    I know your results will vary but I wanted to give a heads up to anyone interested.
    Last edited by ScubaDetector; Jan 22, 2018 at 11:58 AM.
    RW, OBN, DJWEHAGE and 8 others like this.
    Please leave a ring after the beep. Thank You.

    ****Always be yourself. The people that matter don't mind, and the people that mind just don't matter. ****

  2. #2
    Charter Member
    us
    Jan 2017
    Western ny
    equinox 800, Whites mx sport, Garrot carrot, bounty hunter time ranger
    2,305
    3135 times
    All Types Of Treasure Hunting
    bummer
    A2coins likes this.

  3. #3
    OBN
    OBN is offline
    us
    Dec 2008
    Mid-Atlantic Waters
    Excalibur
    5,568
    4605 times
    Old Gold, New Gold, Any Gold
    Honorable Mentions (1)
    Thanks for sharing, my last round I sent silver to Midwest, figured 640, and got 622. If I remember correct. I was happy with that..
    A2coins and redcobra8u like this.

    Effort is Important, But knowing where, can make all the difference!





  4. #4
    us
    CASPER

    Jan 2012
    NEW ENGLAND
    WHITE'S XLT, PI PRO, GARRETT 2500, 3- FISHER CZ21s, JW FISHER 8X
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    I use midwest
    A2coins likes this.
    Motto = "I try to hit where others cant or others wont "

  5. #5
    us
    "BIG DAVE"

    Nov 2012
    Aberdeen, MD
    Fisher CZ 21, CZ 7a Pro, White's Beach Hunter 300, Stealth 920xi
    413
    628 times
    Beach and Shallow Water Hunting
    Honorable Mentions (1)
    Only use Midwest and have never been disappointed.
    A2coins likes this.

  6. #6
    us
    Dec 2012
    Just south of the Canadian border
    Minelab Excalibur, E-Trac, Explorer SE, Quatro, Whites PI Pro
    44
    38 times
    Metal Detecting
    Just got my check last Friday from Midwest, sent in from south FL the Friday before. Expecting $3400, received $3500
    A2coins and redcobra8u like this.

  7. #7

    Apr 2015
    CZ-21, Minelab Equinox, Garrett AT Pro
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    1197 times
    Metal Detecting
    I felt mine was a little low with ARA also, but it was my first round so I figured it is what it is and that gold prices must have dropped a bit in the period I sent it in. Thanks for the tip on midwest.
    sprailroad and A2coins like this.
    Minelab Equinox 800,Fisher CZ-21, Excalibur II

    ... waiting to see that elusive dowser on the beach with a bucket of gold rings ...

  8. #8
    us
    Jul 2006
    Orange County CA
    Whites DFX, Minelab Excalibur, Fisher CZ21
    100
    63 times
    Darn shame. Nice and pretty fair family operation back in the day. I bet some ah. e wall street investors bought them out.

  9. #9
    us
    sprailroad

    Jan 2017
    Grants Pass, Oregon
    Minelabs/Garretts
    1,548
    2029 times
    All Types Of Treasure Hunting
    Quote Originally Posted by flgliderpilot View Post
    I felt mine was a little low with ARA also, but it was my first round so I figured it is what it is and that gold prices must have dropped a bit in the period I sent it in. Thanks for the tip on midwest.
    That's kinda of what I was thinking, from the time mailed, till the time received and tested, the spot price of gold is up & down daily.
    A2coins likes this.

  10. #10
    Charter Member
    us
    Mar 2016
    Port Huron MI
    2 Fisher CZ-21's 8 and 10" coils Tesoro Tiger Shark 8 and 10" coils (Interchangeable) Minelab E-Trac with Sun Ray Probe
    3,646
    8113 times
    Beach and Shallow Water Hunting
    Banner Finds (1)
    Honorable Mentions (3)
    I cannot show the unprofessional email I got from the owner here. It was laced with profanity. I will never use them again. I have used them since before 2009.

    BEWARE.
    Please leave a ring after the beep. Thank You.

    ****Always be yourself. The people that matter don't mind, and the people that mind just don't matter. ****

  11. #11
    Charter Member
    us
    Tommy

    Dec 2015
    Ann Arbor
    AT PRO Nel Attack Coil
    7,310
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    Honorable Mentions (2)
    Well Scuba just posting your experience with this company that thousands of people read and pass on I will remember not to use them or if anyone asks me where to go I might not know where to send them but Ill remember where they shouldn't go. Thanks for the heads up!!!!!!! It can take years to gain a good customer but 5 seconds to lose them!!!!!!
    sprailroad likes this.
    This is an addiction!!! There is no cure!!! And it only gets worse!!!!! KEEP PLUGGIN AWAY!!!!!!!!!!

  12. #12
    us
    Jul 2007
    Palm Bay,Florida
    Garrett Ace 250,Minelab Excalibur 2,Tesoro Sand Shark
    194
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    Honorable Mentions (1)
    For several years I have been selling my scrap gold rings to Midwest Refineries and although our estimates on what the gold is worth aren't always the same,they aren't far off the mark.When I first started selling some of my gold items,I sold them to local jewelers.I only did this once,because they were only giving me 40% of what it was worth.
    PI PETE and A2coins like this.

  13. #13
    us
    Aug 2009
    Excal_1000 / Whites VX3 / Shadow 2-Troy / & Infinium L-S/Garrett / AT GOLD
    535
    237 times
    Beach and Shallow Water Hunting
    Honorable Mentions (1)
    A2coins likes this.
    2016 TOTALS

    Son was born in 2015 so no detecting this year yet, 0r 2016, 0r 2017 'very little hunting!

    0 GOLD
    0 SILVER (925)
    0 Wheaties - 19...

    favorite quote -

    I AM A GREAT BELIEVER IN LUCK AND I FIND THE HARDER I WORK THE MORE I HAVE OF IT! - THOMAS JEFFERSON

    http://i20.photobucket.com/albums/b2...MG_3461WP1.jpg
    1st - Keep Wife and Son Happy -2nd go HUNT!

  14. #14
    us
    Joe

    Sep 2007
    Long Beach, California
    XP Deus, White's Surfmaster Dual Field, Tesoro Sand Shark, Garrett ATX
    1,528
    900 times
    Beach and Shallow Water Hunting
    Banner Finds (3)
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    The 14K unless it's 14KP could be quite a bit under 14/24 ...possibly 13.6/24. I think to be fair about it ARA deserves a bit more than one bad vote to strike them out.
    A2coins likes this.
    Regards, Joe (California)

  15. #15
    us
    D. Meeker

    Mar 2006
    Gulf Coast, Fl
    Blue Xcals and CTX
    1,843
    837 times
    All Types Of Treasure Hunting
    Honorable Mentions (3)
    Dr Joe....... i dont disagree, but i did see some of the owners response....not pretty for an owner. He took about a 10% loose i think. Pretty good chunk to try and justify away. I liked dealing with the family....... looks like we are dealing with a business man now who feels we shouldnt really complain....... since its free stuff. Am i wrong....... but doesnt ARA pay 98% and Midwest pay 88% of spot? Id take the 88..... if i had a local i could trust, but most of us dont.
    Whatever you do in life, surround yourself with smart people who'll argue with you.... John Wooden.

 

 
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