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<p>[QUOTE="Cloudsweeper99, post: 108628, member: 3011"]My local coin dealer buys scrap gold. I'm not sure what he pays for it or if is a high as spot price. Twenty-five years ago there were numerous places buying gold and silver scrap. People would line up to sell stuff. If the recent price rise turns into another mania, the number of places purchasing scrap will increase, but I don't think they will pay full spot price because they have to make a little money delivering it to the smelter. </p><p><br /></p><p>I recall there used to be a couple of places around the country that paid for scrap metal sent to them through the mail. I don't know if they are still around but if you spend a little time with Google you might locate one.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 108628, member: 3011"]My local coin dealer buys scrap gold. I'm not sure what he pays for it or if is a high as spot price. Twenty-five years ago there were numerous places buying gold and silver scrap. People would line up to sell stuff. If the recent price rise turns into another mania, the number of places purchasing scrap will increase, but I don't think they will pay full spot price because they have to make a little money delivering it to the smelter. I recall there used to be a couple of places around the country that paid for scrap metal sent to them through the mail. I don't know if they are still around but if you spend a little time with Google you might locate one.[/QUOTE]
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