American Metal Precious Metals

American Metals Company was founded in 1960 by Milton P. Demetre, and was one of the first and a pioneering company in the purchase of Precious Metals from jewelry stores and the public. At that time, small jewelry stores had no quick and easy way to sell the Precious Metals scrap they would accumulate through repair jobs, broken/old merchandise, or old jewelry purchased from customers. Also, Gold was selling for $35.00 per troy ounce at the time so it often took them some time to accumulate enough Precious Metals to make it worthwhile to send to a large refiner, and pay for the costs of shipping and processing which often took several weeks. Milton Demetre, a young Air Force Officer at the time, had the idea of starting a business that would buy any amount of Precious Metals from the jewelers and public quickly and efficiently with immediate payment. This enabled jewelers to send off their accumulated Precious Metals more often with quicker payment, and soon jewelers were mailing in their Precious Metals from all over the country. American Metals Company became widely known and respected in the jewelry industry for quick and honest service. In 1980, with the knowledge and experience he had gained over the years from operating American Metals Company, Milton Demetre also decided to open a retail jewelry store. He bought and renovated a beautiful historic old bank building at 253 King Street, Charleston, SC, and opened MP Demetre Jewelers, as well as moving the offices of American Metals Company to this building. MP Demetre Jewelers became one of Charleston's most respected and popular stores and is today a nationally known luxury jewelry store. American Metals Company and MP Demetre Jewelers continue to be operated and run daily by Milton Demetre and members of his family.

By selling your Gold and Precious Metals to American Metals Company, you can be confident and feel at ease that you are dealing with a well established company, family run and operated, with strong and lasting ties to their community. We do not use gimmicks and false promises to entice you to send us your Precious Metals. We do not use foreign call centers to communicate with our customers or 'chat' with you online. We do not start Internet sites under a different name pretending to independently review other gold buyers, then direct you to our site.  We do not advertise a price, then pay you less once we have your Precious Metals.  What we do is honestly and accurately pay you fairly and quickly for your Precious Metals and strive to live up to our reputation for quality service established over 50 years. Every item that you mail or bring in to us is personally looked at, tested, and value determined by founder and owner Milton P. Demetre or a member of his family. No other Gold, Silver, and Platinum buying company can claim this level of expertise and service.