Scrapping for Silver

Discussion in 'Bullion Investing' started by Goodwin83, Feb 13, 2013.

  1. Goodwin83

    Goodwin83 Active Member

    Some of those prices are very impressive actually....definitely going to consider them once I have sizeable amount of computer scrap to make the shipping worth it. Thanks Blaubart!
     
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  3. SilverevliS

    SilverevliS New Member

    very nice, keep up the good work! :)
     
  4. bluemastiff

    bluemastiff Member

    Got a 2013 Maple with my scrap cash today. This is my first Maple thinking I like these more than the ASE.
     
  5. Tyler

    Tyler Active Member

    Just wait until it gets a nice milk spot then you will go back to ASEs. I learned the hard way.
     
  6. bluemastiff

    bluemastiff Member

    Lol..Do the milk spots hurt the resale value
     
  7. Tyler

    Tyler Active Member

    Not too much. They are bullion coins.
     
  8. bluemastiff

    bluemastiff Member

    Well after doing this for a month I have turned 1100 pounds of junk into 6 oz of silver. :thumb:
     
  9. xGAJx

    xGAJx Happy

    Nice! Im not into scrapping, but every couple months we recycle all the plastic aluminum bottles and cans and I get abotu 25 bucks. Never thought of using it to get silver only though. Nice thing you got going, though.
     
  10. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    What kind of stuff did you scrap to get that?
     
  11. bluemastiff

    bluemastiff Member

    Cans, stoves,grills,microwaves. Basically anything I just seperate the copper aluminium and brass from the steel so I can make the most out of it.
     
  12. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Darn just threw away a microwave...
     
  13. Pi man

    Pi man Well-Known Member


    Any updates Goodwin?
     
  14. Goodwin83

    Goodwin83 Active Member

    Still havent convinced my work to let me "dispose" of their surplus computer equipment yet...things are kind of slow at the present moment. I believe I have about 10 pounds of stripped copper wire ready to be turned in...I got a raise this year at work which is good but then they cut my hours so now im kind of concentrating on making sure my kids get to eat. I did have one other stop at the coin shop I did a couple weeks ago...I'll post tonight when I get home. Nothing huge...yet. I'm trying to build up a whole bunch of stuff to take so I can get a couple things...Thanks Pi for checking up on me...

    I will also post a picture tonight of the copper I pulled out of an older stereo receiver. I'm pretty sure its over a pound in just copper...
     
  15. Ive scraped for 10 years or more not for money to buy coins but to help pay some behind bills.
    To make top dollar prices with cans not too bad.
    But when you talk about copper the only true way to get top dollar is to clean it .
    Copper coils from a/c units have a metal end cap that has to be cut off with a saws all using a metal cutting blade.
    Factor in the cost of gas to find these metals and the trips you make to sell it adds up and takes away from the profit.
    Also the time you invest is not really free and like your job where you work add it to it and your profit just hit rock bottom. It takes about 3 hrs to clean a a/c unit. Unless you make below min wedge your profit is gone your labor has eaten it up.
    I am lucky as my work takes me to different places each day and i meet many people.
    Most of the time i am able to pick up the junk while i am there getting paid for the work i am doing.
    The real money in scrapping comes from the buying and selling of a junked car or truck.
    If you can buy it for 150 00 you can remove the rubber tires and sell it for 500 or more depending on the cars weight.
    The older the car the more it weighs.
    Sad to say most of the easy money is long gone and now most have learned the cost of junk and sell it themselves..
    Good luck because it has been a very good way to get extra money in the years i have been doing it.
     
  16. Goodwin83

    Goodwin83 Active Member

    Alright...this a pic of the copper wire I pulled out of the old JVC receiver...The wire in the loops all came from a transformer in the receiver that weighed near ten pounds itself. It would have been on continuous loop but I cut it down. I also got a decent sized aluminum heat sink out of it.
    alumheat.jpg copperwire.jpg

    The last 2 tv's I scrapped the degauss cable that goes around the tube has been aluminum....major let down. It's always a jackpot when they're copper. Oh well, goes to the aluminum pile.
    aluminumwire.jpg
     
  17. Goodwin83

    Goodwin83 Active Member

    Oh and this was my last acquisition. Nothing special just a 1.00 face value of silver quarters....it was before silver dropped to 23-24 dollars an ounce...in fact I think the spot price at the time was on the top of the receipt.
    4quart.jpg
     
  18. Goodwin83

    Goodwin83 Active Member

    I sure the same can be said about coin roll hunting...20-30 years ago when silver was so cheap you probably could have hunted a G in halves and walked away with half a box of silver...not so much now that its more and people know the value now...
     
  19. This is just a good idea, I have lots of copper scrap. I'm going to start doing this as well.
    Thanks For a GREAT idea!
     
  20. gunnovice09

    gunnovice09 Nothing

    I heard that scrap yards can no longer accept copper that was originally a wire and had the plastic melted because of the EPA.
     
  21. You may be correct about that, they do accept insulated wire and wire that has the insulation removed. Years ago, people would throw insulated wire on a fire to burn it off. The heat dis-colors the copper making it very easy to tell this was done. The scrap yards pay top dollar for clean bright copper while you may only get about 1/3 the price for wire that still has the insulation on it
     
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