aqua11ung said:
I just talked to one of the companies, and they agreed to wash the film for me. They'll pay me spot price of recovered silver minus 0.39 per Lb. of film for processing. I'm gonna take it to them later this week.
Goldsivlerpro, I'm really grateful for your help and expertise!
It doesn't sound good to me, at all. Litho film is one of the easiest types of scrap to price. With any experience at all, they can just look at it and know, within about 5%, or a little more, what it will yield. Therefore, they certainly could pay you on the spot. Personally, I would never, ever sell my film on a recovery basis.
I can't see any film refiner running a small 1000# batch individually. It would be too expensive for him to do that unless you have a semi-load of material. The place I worked in Texas ran 10,000# batches and some companies run larger batches than that.
Most probably, this guy will mix your material with other people's material and then fabricate (make up) numbers to settle with you. The $.39/pound is a good price but it is meaningless if the yield they report to you is far less than what it actually was. Never let a refiner count your money for you. Also, notice the signature on all my posts - The refiner is always the last liar. I didn't put that there to be cute. It's there as a warning.
If you allow him to do this on a recovery basis, he is in charge of the numbers and I can't imagine you being happy with the final results. Were it me, I would get back on the phone and see what he will pay, outright, for "A" litho. At least, from your photos, it's "A" litho or very close to it. A couple of the pieces looked better than that. Or, maybe better still, you could email him photos and ask what he would pay, outright. Tell him it's 4 mil. Just make sure that the photos you send are truly representative, quality-wise, of your entire lot of material. I know that I would walk away from his place with either a check or my film, in hand. A bird in hand is almost always worth two in the bush, especially when dealing with refiners. If you're not happy with his offer, keep shopping.
Keep me posted.