Gold plated AV connectors

[yossarian]

Does anyone have an idea on what a fair price for 100Lbs of these is?

 

[Anonymous]

I would say somewhere around $100-150 total.But that wouldn't leave much of a profit margin.

 

[NobleMetalWorks]

Depends on when they were made, how thick the plating is, how heavy they are, etc. It's a guessing game unless you have assayed them. I would ask if you can purchase a lb, then have them assayed by a reputable assayer.

Don't feel like this is the only deal like this you will come across, in the US we only recycle about 17% of all electronic waste, I see plugs like this come up all the time. I just passed on a gaylord of black rhodium plated connectors like these because I just simply had no idea what they would be worth, and the seller was not willing to sell me a few lbs to assay.

Scott

 

[Palladium]

I love the word " Toll Refining "
I never have to worry about losing money because my percentages are always set. I make the same time and time again. The only thing that changes is volume.

 

[NobleMetalWorks]

I love the word " Toll Refining "

Do you only do large lots that way, or everything? I assumed that you were a refiner. You are right though, toll refining would be the way to move large quantities of this type of material without having to worry about being ripped off. But if you process the material yourself, you would make more.

Or do you mean that you take the price that you would be paid of you toll refined, and then pay under that amount whatever profit you wanted to make?

EDIT:

I miss-read what Palladium wrote, It's just Toll Refining period with nothing weird, I miss-read the sentence about volume.

Scott

 

[nickvc]

Scott toll refining to me means that you take another persons material and refine it at a set agreed percentage return, if for example you worked on a 70% return you keep 30% of the metal recovered the rest goes back to the owner or is sold and the money forwarded, this means that you have to know the costs and time involved and allow for any percentage retention if you have to sell the material on their behalf. I did lots of toll refining when I was running my own refinery it's a great way to process large amounts without the financial risk, most of the moderators have or do toll refining Harold definitely did , you have to be good at the job and give returns on agreed timescales or it can become a nightmare, we all get the odd one

 

[NobleMetalWorks]

Yeah, I miss-read the sentence about volume.

I am currently toll refining in exchange for equipment for a re-marketer. He is selling everything that he can, on eBay, but after it has been up a month he sells it to a scrap yard for near nothing, and gaylords of the stuff. We discuss how much he wants for whatever equipment I am buying, then I refine his material figuring my percentage, calculating it at spot price then giving him the entire quantity of gold but applying may percentage towards the equipment I bought from him, or am buying. He doesn't care about the other metals, and wants the gold so he can accumulate it. This allows me to use the equipment now, and pay for it by refining.

Scott

 

[nickvc]

Scott I likey... that's a good way to get equipment and hopefully a good longterm customer who will still give you material even if you don't want anything off him in exchange, I reckon he knows a good deal when he sees it.

 

[Anonymous]

To yossarian,

Take a look on eBay and see if you can find them or similar ones there. If you have 100 lbs of them, I'd bet you could sell them by the pound on eBay and probably make a few hundred dollars or more. Auction off a pound worth and see how it goes. If it goes well, then you know what to do with the rest of them.