Gold Scrap Calc is an iPhone application designed to calculate the value of precious metals with ease. The app offers features like adjusting the percentage paid, live spot prices for Gold, Silver, Platinum, and Palladium, a fact sheet about precious metals, and a library of precious metal hallmarks. Users can also utilize charts to compare prices and against other markets. Additionally, the app includes an Acid Testing Reaction Database to observe how different testing acids react with various metals.

The latest feature includes an easy fill packing slip with a camera feature, allowing users to send in their gold, silver, platinum, palladium, and diamonds for payment. Auric Enterprises, the parent company, offers competitive rates of 90% for gold and 85% for silver, platinum, and palladium. Users can input the weight of their items and corresponding percentage to know the exact payment before sending them. Any items not matching expectations or chosen not to sell will be returned free of charge.