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Gold scrap from Ebay?

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AndrewG

New member
Joined
Dec 17, 2024
Messages
2
Location
Louisiana
Has anyone had any luck with gold scrap purchased from Ebay? I am considering purchasing scrap from Ebay and refining it but I am not sure if it will be worth it. Has anyone had an experience refining gold scrap from an Ebay seller?

I am curious how much gold might actually be in the scrap and if it will be worth my time. Please let me know your thoughts.
 
Personally I have never purchased scrap from e-Bay as I always worked commercially. However from years of reading posts asking exactly what you have asked, the answer is don't do it. You may get lucky but those accounts are few and far between.
 
Personally I have never purchased scrap from e-Bay as I always worked commercially. However from years of reading posts asking exactly what you have asked, the answer is don't do it. You may get lucky but those accounts are few and far between.
Thanks for your advice. I guess I will steer clear of eBay.
 
I guess I will steer clear of eBay.

If you are new to refining and you are looking for some material for familiarization experiments, start with karat jewelry from a flea market or even gold filled. There are many members here who can advise you as to where to get enough gold or e-scrap to do familiarization experiments, which is the wise way to get your feet wet.
 
I was lucky and bought literally kilograms of old watches. Mostly lots of them 10-20 pieces at a time. Mind you this was around 2004-2007 before 2008 economic problems. Nobody was interested much in those and I got lots of 9kt gold watches very cheap. Gold price was low and everyone had money. I resold some to a collectors and some individually mainly those which were working.
I seriously doubt anything like that can be found these days, at least I did not see anything like that since 2008.
 
Has anyone had any luck with gold scrap purchased from Ebay? I am considering purchasing scrap from Ebay and refining it but I am not sure if it will be worth it. Has anyone had an experience refining gold scrap from an Ebay seller?

I am curious how much gold might actually be in the scrap and if it will be worth my time. Please let me know your thoughts.
Welcome to us. And you are best served to let Ebay alone if you plan to make any money.
If you can afford the loss and just wantbit for the experience go ahead to do so.
Finding no Gold is also a valuable lesson.
 
I am considering purchasing scrap from Ebay and refining it but I am not sure if it will be worth it.
That sentence answers your own question. If you don't know the materials worth then it isn't worth it. Knowing the refined value versus the cost of the material is very important, maybe more so than knowing how to refine it. The one time the value can be less than the cost is for learning. Buying a sample and testing it for recovery will give you a realistic example of if it is worth the cost or not. Occasionally you will find something in eBay, or other online sells, but you will need to know, up front, what you can recover from it.
 
The short answer is no. You’re never going to get anything worth having at anywhere near a reasonable price and, often as not, you won’t even get what was advertised. Don’t do it.
 
Sellers on eBay know the yield of thier material. They sell it for more than it's precious metal value. As Yggdrasil said "for the experience" okay.

Just being fair with your neighbors and local collectors, you'll get plenty of material to have fun with and not lose to much and maybe make a few bucks.
 
The short answer is no. You’re never going to get anything worth having at anywhere near a reasonable price and, often as not, you won’t even get what was advertised. Don’t do it.
If it's an auction and you can toss in a low bid, go for it. But don't bother bidding it up. Best bet is to find auctions where the starting bid is just a few bucks for 20 or more lbs of boards and bid on several items in that way. You might win one or two. Check the shipping to make sure it's reasonable (shipping with Fedex or UPS for bulk is cheaper than the Postal Service).

Also be certain to check the seller's rating. Pick only long-standing sellers who've been on Ebay for 10 years at least, and have over a 95% satisfaction rate, with at least 100 customer ratings. NEVER TRUST NEWBIES!! Newbs trying to sell e-scrap are almost always scammers.

Also, never go with international sellers. The cost is far too high. If you can find local pickup close to you, that's the best way. Then it's just the cost of the item and the gas to drive out and pick it up. On a big lot, you'll save $40 or more on shipping.

You CAN find deals on Ebay to this day. You just have to be very clever.
 
Has anyone had any luck with gold scrap purchased from Ebay? I am considering purchasing scrap from Ebay and refining it but I am not sure if it will be worth it. Has anyone had an experience refining gold scrap from an Ebay seller?

I am curious how much gold might actually be in the scrap and if it will be worth my time. Please let me know your thoughts.
Sreetips on youtube buys off ebay and extracts the precious metals. Most are real lovers, but occasionally he turns a profit.
 
You might get a decent deal in auctions occasionally but by the time you pay the added shipping and in most cases sales tax it can be more than spot price. I'm strictly talking about karat gold and gold filled. I never buy escrap because it's easier to get it for free if you want to put a little work.
 
Truth is that about 7 years ago, and years prior, I was selling very high grade e-scrap on Ebay all the time. Most of this was the very best boards from 1960's electronic test equipment and RF equipment. I use to list it in auctions at 0.99 cent starting bid and usually 20-30lbs at a time. I had, and still have, a very constant supply of this type of material. The LAST time I did that on Ebay, the boards sold for over $700 and I was very happy. Over the next several weeks & months, the buyer of that final auction contacted me repeatedly to ask if I had anymore - again & again & again. His rather obvious excitement was a tell that something went very well for him and I began to investigate. I knew people were recovering gold from what I was selling, but I never gave a thought as to whether I could learn the processes myself. Alas, 7 years later I have become a decent semi-experienced refiner of gold recovered from e-waste (thanks to EVERYONE ON THIS FORUM, especially Orvi, Sreetips, and a few others on Youtube). I am now adding an education into recovering PGM's and silver.

The challenge with e-waste is that there are always issues with a smooth recovery/refining; solving those problems has been difficult at times and I nearly gave up many times. You endure problems that Sreetips never has to deal with doing what he does. E-waste processing is far from "look it up in Hoke's" types of recoveries.

I now have several tons of high quality e-waste, which these days with gold going vertical, makes me very glad I did not learn these things too quickly. There are several current events and other things like the current evolution of AI, supercomputers (quantam computers), and BRICS nations buying up gold, that lead me to believe gold will be nearly $4K per troy oz before this year ends, if not more.
 
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Has anyone had any luck with gold scrap purchased from Ebay? I am considering purchasing scrap from Ebay and refining it but I am not sure if it will be worth it. Has anyone had an experience refining gold scrap from an Ebay seller?

I am curious how much gold might actually be in the scrap and if it will be worth my time. Please let me know your thoughts.

You can try showing up at your local scrapyards and handing out fliers to the scrappers offering to buy their E-waste/boards. Not sure how your local scrapyard will feel about that.... keeping yourself on the down-low is the key.
 

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