  We describe a technique to emulate a two-level \PT-symmetric spin
Hamiltonian, replete with gain and loss, using only the unitary dynamics of a
larger quantum system. This we achieve by embedding the two-level system in
question in a subspace of a four-level Hamiltonian. Using an \textit{amplitude
recycling} scheme that couples the levels exterior to the \PT-symmetric
subspace, we show that it is possible to emulate the desired behaviour of the
\PT-symmetric Hamiltonian without depleting the exterior, reservoir levels. We
are thus able to extend the emulation time indefinitely, despite the
non-unitary \PT dynamics. We propose a realistic experimental implementation
using dynamically decoupled magnetic sublevels of ultracold atoms.
