Rmwatson78
Well-known member
Is this auction worth the price? Made an offer at $2000 but the seller countered with $2500. Not sure if paying that much is a good idea since I have made some pretty bad decisions on this site purchase wise.
(Caveat: I don't buy E-scrap. Just putting that out there.)Rmwatson78 said:Is this auction worth the price? Made an offer at $2000 but the seller countered with $2500. Not sure if paying that much is a good idea since I have made some pretty bad decisions on this site purchase wise.
upcyclist said:(Caveat: I don't buy E-scrap. Just putting that out there.)
Especially if you're a little gunshy after your last experience, I would suggest one of two approaches:
1. Buy in smaller lots off ebay, so you're not risking four figures if either the auction is bogus or more low-yielding than you'd hoped
2. Buy locally, where you can physically inspect the material to your heart's desire! It takes some legwork to find the sources, but others have posted approaches like posting flyers and dropping by local 'mom & pop' PC repair businesses. This will also force you down into smaller lots, too.
If you're one of the guys already doing what's in #2, I apologize for wasting your time
Excellent call--you're not really buying based on gold content, you're buying based on what you can recover. Until you can quantify that (including the occasional "learning experience"), it's still a crapshoot.Rmwatson78 said:I got well over two ounces of gold doing the math for just the processors listed where the gold content was known. But maybe someday when I'm more confident with my refining, this would be a smart business decision.
A painful truth: Just because it's 25% of your cost doesn't mean it's not a fair offer If 25% is still more than what you'd get out of it processing it yourself, inlcuding losses, chemicals, and your time, then I say go for it. Cutting your losses is never a pretty exercise.Rmwatson78 said:Afterall, I still have over a hundred pounds of those stupid pinless p4 processors I was dumb enough to buy previously and I can't get any local refining outfits to offer me more than 25% of what I paid.
Rmwatson78 said:But maybe someday when I'm more confident with my refining, this would be a smart business decision.
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