Where to Sell? Large and Small amounts.

[Anonymous]

I just contacted a couple commercial buyers here. One requires documentation to sell and the other wants info on what/how much before saying much more. (This shouldn't be that hard. ? From the time I started dialoging with these buyers, I now expected to have cash in hand but now, here I am writing and still wondering where ppl sell.)

So...I have computer scrap which I am working on refining and I have some scrap stuff ready to sell, not in large quantities but then, if refining as a hobby, who has much more than an ounce or two to sell.

I was looking for an easy buyer to work with. Send me the kit and later send me the $$$. Spot prices are available so why not just say, yeah, we pay % times spot and what's your info i.e. name, address to send you the kit and hope we can continue to do business in the future.

Although I don't recommend those gold-4-cash that are advertized on tv but its no wonder they get the meat of the market since they make it easy to send stuff to for fast cash.

My question, who can recommend a buyer (large or small quantities) they have dealt with? Post here or send me a Pm.

Thanks in advance.

 

[Barren Realms 007]

What kind of stuff are you talking about?

Mother boards, video boards, ram, CPU's, flat packs?

 

[ILikeBoats]

I am not sure if you are talking about the refined gold and silver, or talking about e-scrap. Assuming you mean gold and silver ...

For gold and silver, Midwest Refinery has a decent reputation. They might be worth a phone call. I think you want to ask them how they estimate or measure purity which they will then pay you on. I think they pay 95% of spot price.

Also check SpecialtyMetals.com, which another member has had good success with. Maybe do a search on each of these on the board?

 

[Palladium]

http://www.aragold.com/index.html

Call and ask for Nicki she is a member of the forum. They will be glad to answer your questions. Many members here have had good dealings with them.

 

[patnor1011]

You can put your stuff for sale here. You will get offers and you can choose to who to sell. Also ebay is one option. You cant get price from refiner as precious metals market is volatile and prices can change several times during day. It is hard to give % of spot as price if you dont know type of material and you might need to put in some another refining, assay, delivery, etc.... costs.
Simply take picture and put it for sale here. I am sure that you will find buyer.

 

[Anonymous]

I got boards, connector pins and fingers from 80's pc units. But for right now, I got a small quantity of palladium and some gold jewelry to sell so I was looking for reputable buyers (not as-advertised on Tv C4G buyers) i'd like to sell now with the e-scrap forthcoming. Palladium is making a strong move the past 30 days.

Yeah, planning on ebay-ing salvageable cpu's and resistors found. Got buyers from another forum anxiously waiting for me to list them. Some dated at '77 and '78.

I plan on calling the leads listed here on the board. Thank you all for posting.

Got any more leads?

 

[ILikeBoats]

Anything pre-82 may be collectible. Check out cpu-world.com.

 

[Anonymous]

Yes, I am a member there as well. Lots of info on collectible pc products.

 

[kmggold]

There ARE alternatives!

What To Look For To Sell Gold To A Gold Buyer

BEWARE of gold buyers that do not offer refining lots or refining services. They are probably middlemen buying your gold for less, then selling it to a refinery. A lot of them sell gold to KMG•GOLD gold buyers!

BEWARE of gold buyers that DO NOT advertise their pay out rates - they are trying to hide something!

BEWARE of gold buyers that advertise their prices in pennyweights [dwt]. A pennyweight is 1.555 grams.

BEWARE of gold buyers whose advertised rates are for amounts over 30 troy ounces [ozt]!

BEWARE of gold buyers that have a pay out price "range". If they say their range is "$7-$14" per gram, they will only pay you the lower rate.

BEWARE of gold buyers whose prices don't change day to day. They probably pay out a very poor rate.

BEWARE of gold buyers who do not communicate with you. If you have a question they should be able to respond to it quickly and answer clearly without side-stepping evasive answers.

BEWARE of gold buyers who don't publish their contact information on their web site. They might be a scam. And they will be very very hard to contact if you have a question, concern, or complaint.

BEWARE of gold buyers who don't belong the the Better Business Bureau. They probably are fly by night.

BEWARE of gold buyers who don't have a privacy policy or who aren't certified by TRUSTe. They might sell your e-mail address and your personal information.

BEWARE of gold buyers who don't have a terms and conditions of service page on their web site. They are hiding things from you.
Shop and compare.
See all gold, silver, platinum, and palladium pay out rates HERE http://www.kmggold.com/canadian-payout-cash-lots.cfm

 

[Noxx]

Their payout rate is 75%.

I give 85% to the public over here. Maybe that's too much?

 

[lazersteve]

BEWARE of gold buyers making multiple posts on forums to promote their business!

BEWARE of gold buyers telling you what to BEWARE of!

:lol: :lol:

Sorry I couldn't resist.

You are obviously promoting your site over everyone else here who buys gold. I have no problem with that, but you don't have to be so dramatic about it. Most of the guys that buy gold here already have an established reputation.

I find some of your BEWARES! to be a little far reaching though. For the record, I'm not a gold buyer.

I didn't see your payouts posted in your post, should I BEWARE?

Steve

 

[Lou]

Their public payouts are comparable to probably what else goes on at a pawn shop. Their refining payout is...well, gold is agreeable and in line, silver is middle of the road, and the PGMs are like any other small refinery (like these fellows), average. Generally speaking, individuals, jewelers, and pawn shops are doing well to get 90% sans fees...


Chris,

If you check their website, you see they have better payouts for the metals if you send material in as a refining lot.

 

[goldsilverpro]

I agree with Steve about the BS of the BEWARE stuff. Pay no attention to what the guy says. It's all bottom line. What, exactly, with no BS, do you pay for what? And, do we get the money before you alter the material we send to you. If we don't agree with your offer, will the material be returned to us in the exact condition that it was sent to you, except for maybe a notch filed in it, at your cost?

I see you are paying about 75% of spot. How can you compete with ARA, who is paying 98% of spot? What services are you providing that are worth our receiving $266 less than ARA would pay for each ounce of gold?

If you had posted this where you should have, in the Refiners, Buyers, and Assayers section, I probably would have let all this slide.

 

[Noxx]

Ahah I love you guys :lol:

 

[Oz]

If you had posted this where you should have, in the Refiners, Buyers, and Assayers section, I probably would have let all this slide.

Noxx said it simply. I will go a step further.

GSP, I would think it in the memberships interest for you to cry foul even in the Refiners, Buyers, and Assayers section of the forum.

Most people here are dependent on a select few with many years experience to keep us all in line and safe, not to mention getting a fair shake when we choose to sell those hard earned precious metals. There is probably not a greater financial loss for new people in this business/hobby than the losses they suffer from the end refiners they sell to.

 

[kmggold]

There is probably not a greater financial loss for new people in this business/hobby than the losses they suffer from the end refiners they sell to.

The greatest financial loss for any one in this business/hobby are the losses they suffer from ignorance.

This is why I posted information for newbies to help them beware and tell them what to look for in an honest gold buyer, (albeit a bit too dramatically). And why I have put together our 60+ page web site.

Refiners work on a margin of 0.25-1%.
Primary refiners pay 97-98% of market.
Legitimate secondary refiners pay 99-99.25% maximum (including the RCM). This requires volumes in excess of 1000ozt fine gold per week.
Any primary refiner who offers pie in the sky rates above these will be using x-ray fluorescence (+/- 2%) for purity determination and is shaving a minimum of 2% off the purity , rather than using fire assay (+/-0.02%).

KMG Environmental Inc. is a primary refiner. The end user of our gold and silver is the Royal Canadian Mint.
KMG pays 81% of market to private individuals, 90% to dealers for cash lots. No fees, no minimums, free overnight express return shipping to the refinery.
We do the speculation on the purity, the market and the dollar.
We pay 98% of market for refining lots. Our fire assays are performed by an independent lab to ensure impartiality. Fees are $1.50/ozt gross weight delivered. You do the speculation on the purity and the market.
We are the only gold buyer that offers real, claimable insurance designed specifically for precious metals at 1/3 the price of the big carriers.
The big carriers will take your money for insurance up to $50,000 but it is NOT claimable against loss if you ship gold or silver.

GSP - No BS here.
We pay the overnight shipping to you and back to us. If you are unhappy with our offer to purchase, we ship your items back to you at your expense.
If you ship to us at your expense and you don't like our offer, we ship back to you at our expense.

KMG won a 2010 BBB award for marketplace excellence, integrity, ethics, and honesty.

Education combined with excellent communication is the key.



I apologize if this post reply is contained in the incorrect category.

 

[goldsilverpro]

When paying only 75%, anyone could afford to be squeaky clean honest. $344 is way too much to profit on an ounce of gold, in my estimation.

And, 6 years ago, when gold was in the 400s, we contracted 99.3% ($3.15/net oz - and, yes, they made a profit!) for bars of karat gold. And, we only shipped about 150-300 net oz/month. You're over 100 times higher. Have we really had that much inflation? Also, you are 12.5 times higher than ARA - the seller would end up with about $315 more in his pocket for each net oz of gold he sold to ARA. And, we know ARA's honest. We don't know anything about you.

Tell us again. Why should we ship to you? Maybe you could offer a return of 95% to forum members? You might get some takers.

 

[Barren Realms 007]

I feel he has already cut his own throat. Everyone knows what he has offered and they will always have the nagging feeling of how he is making up the difference after bactracking.

 

[Lou]

The RCM only pays 99.25% maximum? I'll stick with my buyer!

Heck, If you're selling it all to the RCM at that price, would you consider selling it to me at say 99.3%?

For 0.2% monthly I'll put you in touch with some one who can buy your weight of 4N gold at a better price. You're doing 1000 oz + per week.

 

[dtectr]

There ARE alternatives!

What To Look For To Sell Gold To A Gold Buyer

1. BEWARE of gold buyers that DO NOT advertise their pay out rates - they are trying to hide something! I know I'd take a smaller percentage on greater quantity, were I in the biz (which I'm not)

2. BEWARE of gold buyers that advertise their prices in pennyweights [dwt]. A pennyweight is 1.555 grams. Most local jewelers/Jewelry trade shops buy at this rate because, well, they always have! One of my very best friends has been in business for nearly 30 years, (& he's not even 50 yet) & will gladly convert the numbers for you if you can't look up "Online Conversion Charts" on Google [where's that great Google graphic "let me do it for you"?]

3. BEWARE of gold buyers that have a pay out price "range". If they say their range is "$7-$14" per gram, they will only pay you the lower rate. see #1

I was going to give one of my "One of the times I ran a service business ..." speeches, but I think its been covered & so will spare evreyone the agony. AGAIN.