Midwest Refineries – Precious Metal Refiners & Gold Buyers
From Kentucky Derby keepsakes to Bourbon-country estate sales, Louisville has a rich tradition of gold jewelry and collectibles. Midwest Refineries has served customers throughout the Midwest and South since 1939, and Louisville and Jefferson County sellers benefit from the same transparent, fee-free process we’ve built our name on.
Gold Buyers Louisville KY | No-Fee Since 1939 – Sell gold in Louisville with no hidden fees. Midwest Refineries pays 95% of pure gold content plus 100% spot price. A trusted gold buyer since 1939.
Buyers advertising “98% or 99%” payouts often quietly deduct assay fees, treatment charges, brokering fees and handling costs, since no business genuinely operates on a 1-2% margin. Midwest Refineries charges 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. Louisville customers receive 95% of pure gold content and 100% of spot price at settlement.
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.
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.
Every spring, Kentucky Derby season brings a flurry of commemorative jewelry, gold julep cups, and championship keepsakes into circulation, and Louisville’s antique shops in NuLu and the Highlands regularly handle old gold jewelry and coins from estate sales. Bourbon-industry wealth and generations of Kentucky families have also left plenty of unworn gold jewelry sitting in drawers and safety deposit boxes across the region. Local pawn shops and jewelers in the Louisville area often quote only a fraction of an item’s real value. Rather than a discounted local offer, Louisville sellers can ship to us for a fair, assay-based 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 Louisville 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. Between generations of Kentucky families, Derby-season keepsakes, and steady estate turnover, it’s remarkable how much forgotten gold jewelry and coins sit around the Louisville area waiting to be turned into cash. Rather than letting it collect dust, Louisville sellers can ship it to us for a fair, assay-based offer.
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.
Yes, we purchase genuine gold items such as commemorative jewelry and keepsakes based on their actual gold content.
95% of pure gold content with no fees, plus 100% of spot price at settlement.
Yes, we buy gold coins, bars, and ingots in addition to jewelry and scrap gold.
Follow our shipping instructions to package your order securely, then send it 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.