Midwest Refineries – Precious Metal Refiners & Gold Buyers
Houston’s energy sector, River Oaks estates, and thriving jewelry district make it one of the most active gold markets in the South. Midwest Refineries has bought, smelted and refined precious metals since 1939, and Houston sellers get the same fair, transparent treatment as every customer we’ve served for over 85 years across Harris County and beyond.
Gold Buyers Houston TX | No-Fee Buyer Since 1939 – Sell gold in Houston with no hidden fees. Midwest Refineries pays 95% of pure gold content plus 100% spot price. A trusted smelter and refiner since 1939.
Buyers who advertise paying “98% or 99%” often add assay fees, treatment charges, brokering fees, and handling costs that quietly reduce your payout, since no company can truly operate on a 1-2% margin. We don’t charge any fees. Orders under 3 troy ounces are purchased outright based on average after-melt weight loss and karat purity; 3 ounces or more are melted and assayed for exact content. Houston customers receive 95% of pure gold content, plus 100% of spot price at settlement.
Karat jewelry, rings, chains, bracelets, wedding bands, coins and bars, dental gold, watches, nuggets, scrap gold, gold-filled material, gold solder, sponge, shot, sizing stock, alloys and bench sweeps. Gold-filled items are purchased outright at 15% of spot price per pound. Not accepted: gold-plated items, electronic scrap, magnetic gold-filled, gold-filled with stainless steel.
Call us before you ship — we’ll explain how your material will be tested and what to expect. For security reasons, we do not accept walk-in traffic — all precious metals must be shipped to us using our shipping instructions.
As one of the nation’s energy capitals, Houston is home to significant private wealth, and the Galleria area’s jewelry district has outfitted generations with fine gold pieces. It’s also a city with deep refining and industrial roots, appropriate, since Midwest Refineries itself operates as a smelter and refiner, not just a middleman. Estate sales in River Oaks, Memorial, and the Heights regularly surface gold jewelry, coins and dental gold that families no longer want. Rather than a discounted local offer, Houston sellers can ship to us for an honest, assay-verified payout.
Midwest Refineries has operated as a full-service precious metal buyer, smelter, refiner, assayer and broker since 1939. After 86 years based in Michigan, we relocated our headquarters to Lakeland, Florida in 2025, now led by second-generation owners Joanna and Raul Acosta. We hold an A+ rating with the Better Business Bureau, and Houston customers can count on the same honesty and no-fee pricing that has defined our company for more than eight decades.
The stamp on your gold jewelry indicates karat purity: 10K equals 41.7% pure gold, 14K equals 58.3% pure gold, 18K equals 75% pure gold, and 24K equals 99.9% pure gold. With one of the fastest-growing populations in the country, Houston sees plenty of estate transitions and downsizing each year, which means plenty of forgotten gold jewelry, coins and dental work sitting in homes across Harris County.
Package securely, ship to our Lakeland, Florida refinery per our shipping instructions, and we’ll weigh, assay and settle quickly. It is not necessary to remove gemstones from karat jewelry or enamel from dental gold, as both are handled safely during the melting process. Payment via check, bank wire ($35 domestic fee, $60 international fee), precious metal bars, coins or rounds, or combination. No minimum, no maximum order size.
As an actual smelter and refiner since 1939, we pay based on true assayed gold content rather than a jeweler's estimated buy-back price.
95% of pure gold content with zero fees, plus 100% of the market spot price on settlement day.
Yes, we regularly purchase inherited and estate gold jewelry, coins, and bullion from Houston-area sellers.
Follow our shipping instructions for secure packaging, then send your order to our Lakeland, Florida refinery for prompt processing.
What is a Troy Ounce?
A troy ounce is a system of weights used for precious metals and gems, based on a pound of 12 ounces as opposed to the traditional 16. A troy ounce is 31.1034768 grams or 0.0311034768 kilograms.
Contact us first — we’ll confirm what you have, how we’ll test it, and what you can expect to receive. Our assay laboratory and our 85-year reputation exist for one purpose: to make sure you are paid honestly and accurately for every precious metal you send us. If you have questions about how your specific material will be evaluated, call us. We’re always happy to walk you through it.
4418 Florida National Dr., Lakeland, FL 33813
Gold • Silver • Platinum • Palladium • Rhodium | Family-owned since 1939 | Serving all of the USA
Contact us first — we’ll confirm what you have, how we’ll test it, and what you can expect to receive. Our assay laboratory and our 85-year reputation exist for one purpose: to make sure you are paid honestly and accurately for every precious metal you send us. If you have questions about how your specific material will be evaluated, call us. We’re always happy to walk you through it.
4418 Florida National Dr., Lakeland, FL 33813
Gold • Silver • Platinum • Palladium • Rhodium | Family-owned since 1939 | Serving all of the USA
ATOMIC NUMBER – 79 – ELEMENT SYMBOL – Au – ATOMIC WEIGHT – 196.96655 – MELTING POINT – 1064.18 DEGREES C. / 1947.52 DEGREES F.