Gettinthegold said:
I've got another friend who works in an IT outsourcing company and he is going to start collecting all the old gear for me, when his clients upgrade their stuff (schools, businesses, etc). So we're talking switches, keyboards, computers, boards, etc. At least for the time being, I can't see any harm in collecting that stuff. I can even store it indoors!
That's great, next you might want to learn how to break them down into the different types of material, and learn how to process each different type. That is a learning process in itself.
Gettinthegold said:
Also, I'm thinking that if/when I do eventually start doing anything, I might start with silver before gold. From what I'm reading, a basic silver refinement setup seems far simpler, requires far fewer ingredients (at least for a simple run), doesn't involve boiling acids,
This is the problem, this is exactly the reason you have been advised to read Hoke before doing anything else. Not only are you terribly wrong about how "easy" it is to refine silver, but you are now talking about boiling acids. If you are dissolving values, you are not boiling acids. If you have values in solution, you are not boiling acids.
Gettinthegold said:
and aside from the nitric acid, I already have everything else I would need, including the silver. I have about 60 of the old, silver 50¢ pieces. Also, if I screw something up, I'd rather lose a couple troy ounces of silver than of gold!!
Why would you refine silver 50¢ pieces??? Most refineries will only pay you up to about 90% spot on refined silver. If your intention is to make money, you would be loosing money by refining your silver coins. Let me explain why.
If your silver coins are 1964 or older, they are 90% silver.
A 50¢ piece contains 36% of an ounce of silver in it.
Today's spot price for silver, as I write this, is 19.87
19.87 x .36 = 7.1532 but just to be generous lets say it's $7.20 per each of your 50¢ pieces.
60 x $7.20 = $432 but remember, when you go to sell your silver you are only going to get about 90% of spot. So ....
432 x .9 = 388.80
Now remember this is before the cost of refining, before the cost of equipment, before the investment of your time, effort and energy. So you would actually be loosing money. But even worse, you can sell the coins for more than spot prices on ebay.
If your intent is to make money, why are you proposing to refine 50¢ pieces when you can make more by selling them on ebay? And if you chose to take that same time, effort and energy with even less expensive equipment you could tone/colorize your silver coins or even paint them. There are several examples of this on ebay as well. Because of their artistic value, they command a premium even about the plain coin themselves.
Gettinthegold said:
We shall see what unfolds. Perhaps nothing. But as of now, there is still no speeding locomotive to be seen, so it remains a safe bet that I won't walk in front of one. ;-)
I feel embarrassed for you! Don't get me wrong, I think it's wonderful that you are so excited about this. I can follow your thought process, but it's just simply wrong. Personally I think Gold is far easier to refine than Silver, for me anyway, and I think many on the forum might agree. Silver is my main focus, it's my favorite of the noble metals, but if you are going to do it correctly, and plan on refining to high purity, you have a big surprise in store for you.
It's also a fair bet you are not reading Hoke if you believe silver is easier. Hoke talks about several methods of precipitating silver chloride, one including HCl (Hydrochloric Acid). Although it can be done in other ways, it's obvious this fact has escaped you.
Refining silver takes a bit of craftwork as well, after you do so several times you will understand what I mean. How warm of a solution do you want, what are the best ways to filter, how to make sure your silver is more pure with each step in your process you take, keeping your silver chloride wet and fluffy, and on and on and on.
Post to your hearts content about things you know, other people may find those very things useful. But be careful in posting about things you do not know, because other people that come after you, and read your posts, may get the wrong impression and be mislead. Case in point, you talk about boiling acids. There are only a few cases when boiling any acid might be acceptable, I want to make ti clear that this is not the norm, and unless a professional has told you, or written, specifically, that an acid or acid solution should be boiled, you should not be boiling any!
If you survive your posts, if you stay on this forum and you choose to read and learn before posting about things you have not learned yet, and then you come back and read your very first posts I think you are going to wish, fervently, that you did not post them. I believe someone recently deleted old posts that they made for this very reason, and as stated in one of their threads they were banned for the effort.
Scott
Edited:
If you think Silver is easy to refine, read this recent forum post. I'm sure this person thought much the same.
http://www.goldrefiningforum.com/phpBB3/viewtopic.php?f=50&t=18909