Midwest Refineries – Precious Metal Refiners & Gold Buyers
Gold Buyers Indianapolis Indiana
From Mass Ave art studios to Indy 500 memorabilia collections, Indianapolis has a unique mix of gold sellers. Midwest Refineries has served customers across the Midwest since 1939, and Indianapolis sellers get the same no-nonsense, fee-free process we’ve built our reputation on throughout Marion County and central Indiana.
Gold Buyers Indianapolis IN | No-Fee Since 1939 – Sell gold in Indianapolis with zero hidden fees. Midwest Refineries pays 95% of pure gold content plus 100% spot price. Trusted buyer since 1939.
- Over 85 Years in Business
- Serving All Of The USA
- 4418 Florida National Dr., Lakeland, FL. 33813
Why Indianapolis Chooses Midwest Refineries
Buyers offer to pay “98-99%” then quietly subtract assay fees, treatment charges, brokering fees and handling costs, since no company can operate on a genuine 1-2% margin. Midwest Refineries has zero fees, period. 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. Indianapolis customers receive 95% of pure gold content and 100% of spot price at settlement.
What We Buy From Indianapolis Customers
Karat jewelry, rings, chains, bracelets, wedding bands, coins and bars, dental gold, watches, nuggets, scrap gold, gold-filled items, gold solder, sponge, shot, sizing stock, alloys and bench sweeps. Gold-filled material is purchased outright at 15% of spot price per pound. Not accepted: gold-plated items, electronic scrap, magnetic gold-filled, gold-filled with stainless steel.
Have Questions?
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.
Serving Indianapolis and Central Indiana
Indianapolis’s central location has long made it a crossroads for antique dealers, auction houses and estate sales, and its motorsports heritage means the city occasionally sees gold trophies, championship rings and racing memorabilia change hands. Mass Ave’s arts and jewelry scene, along with the city’s many downsizing seniors, keep a steady flow of gold jewelry moving through local shops, often for less than it’s really worth. From Broad Ripple to Carmel, central Indiana estate sales regularly surface gold that families no longer wear. Indianapolis sellers can skip the local markup and ship straight to our refinery for a fair, assay-based payout.
About Midwest Refineries, a leading Gold Buyer in Indianapolis
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 Indianapolis customers can count on the same honesty and no-fee pricing that has defined our company for more than eight decades.
Read About What the Numbers on Your Gold Jewelry Mean
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. Between generations of Hoosier families and a steady stream of estate settlements, it’s remarkable how much forgotten gold jewelry, class rings and coins sit in central Indiana homes waiting to be turned into cash. Rather than letting it sit in a drawer, Indianapolis sellers can ship it to us and see exactly what it’s worth.
How to Sell Your Gold From Indianapolis
Package securely and ship to our Lakeland, Florida refinery per our shipping instructions. It is not necessary to remove gemstones from karat jewelry or enamel from dental gold, since both are handled safely during the melting process. We weigh, assay, and settle promptly, with payment by check, bank wire ($35 domestic fee, $60 international fee), precious metal bars, coins or rounds, or combination. No minimum, no maximum.
FREQUENTLY ASKED QUESTIONS
Frequently Asked Questions about Gold Buyers in Indianapolis
Yes, we purchase karat gold jewelry and items of all kinds, including gold rings and trophies, based on their actual gold content.
95% of pure gold content with no fees deducted, plus 100% of spot price at settlement.
No, there's no minimum order size. We purchase orders of any size.
Once we receive, weigh and assay your shipment, we settle promptly via check, wire, or precious metal bars and coins.
We have customers all over the country including:
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.
Ready to Ship Your Precious Metals?
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
We buy gold items listed below from customers in Indianapolis Indiana and the rest 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
- gold wire
- gold dust and sweeps
- gold sheet,
- casting gold and grain
- gold watches
- broken and unwanted gold scrap
- gold nuggets
- gold solder
- gold sizing stock
- gold alloys
- gold sheet
- gold screen and mesh
- polishing and buffing dust
- goldsmith’s bench filings and sweeps
- gold-filled scrap
- gold bullion
- placer gold
- gold sponge
- gold shot
- gold findings
- gold flake
- karat gold jewelry
- gold class rings
- gold bracelets
- gold chain
- gold earrings
- gold wedding bands
- gold dental crowns and bridgework
- gold coins and bars
- gold ingots
- melted gold
No Minimum Amounts - No Order Too Small Or Too Large
ATOMIC NUMBER – 79 – ELEMENT SYMBOL – Au – ATOMIC WEIGHT – 196.96655 – MELTING POINT – 1064.18 DEGREES C. / 1947.52 DEGREES F.