According to estimates from the Environmental Protection Agency, a million cellphones contain about 75 pounds of gold, 33 pounds of palladium . . . and 770 pounds of silver. That might seem like a lot of precious metal to you, or it might seem like a small amount when you consider that you have to recycle a million phones to access it. But here’s another statistic that makes it seem like it might not be that difficult to get your hands on a million phones:Read More
If you have visited the Statue of Liberty or another tourist destination lately, you have noticed that hardly anybody is using digital cameras these days. Five years ago you would have seen all those tourists taking snapshots with small cameras made by Olympus, Sony, and other companies. Today, nearly all those pix are being shot using smartphones.Read More
If you’ve visited the lightbulb aisle at a home superstore lately, you know a big change has taken place. The old incandescent light bulbs that people used for decades have disappeared and been replaced by a variety of new bulbs, most commonly Compact Florescent Lightbulbs called CFL’s, that work much differently from old incandescent bulbs.Read More
In case you think that scrapped computers and other old electronic devices are hard to find and send to us to be recycled, we’d like to direct your attention to statistics that were recently reported in “Electronic Waste by Numbers: Recycling & the World,” an article that was posted on March 12, 2016 on ewaste.com. Every year, vast quantities of electronic waste are tossed away. Here are some eye-opening statistics…Read More
Over the last four or five years, tens of thousands of older desktop computers have been scrapped. Although a lot of that recycling has already happened, it is still possible to find quantities of older desktops that you can buy at extremely low, junk prices. And if you can buy up a quantity of them and extract the gold they contain, you stand to make a very good profit.Read More
Here’s a video that shows how a new robot that Apple designed can pull apart an iPhone and separate out its parts. For reasons we do not know, Apple named this robot Liam. According to Apple, just one Liam robot can recycle 1.2 million iPhones a year.Read More
You could try to perform those operations yourself by burning old electronic components or other metal-bearing materials at home or – preferably – in an outdoor setting where poisonous fumes are released into the air. But we cannot state strongly enough that by doing so, you can poison yourself and release noxious gases into the atmosphere.Read More
Today, lots of older flat screen TVs are appearing in dumpsters at the dump too. That shouldn’t come as a surprise, since flat screens have been the televisions of choice for more than a decade now. They’re already breaking down and wearing out. Plus, consumers are tossing old flat screens that still work pretty well so they can upgrade to smart TVs, bigger TVs, higher-definition TVs, and lots of other new products.Read More
If you forgot to do any spring cleaning, these energizing autumn days can be a good time to get going. If you do, there is a pretty good chance that you’ll discover some items that will provide you with a bigger payback than you realize. Here are some items that are lying around my house. Odds are pretty good that they can be recycled very profitably by a top precious metals refinery like Specialty Metals Smelters and Refiners.Read More
So if there is enough gold on earth for each of us to own five golden rings, have you gotten yours yet? I am not joking, because if you devote some time and energy to acquiring gold, you can get to that five-ring, .76 troy ounce figure more quickly than you expect. Where can you find that gold? For starters, in places like these that you might be overlooking. . .Read More
When you send us old catalytic converters, sputtering targets, dental scrap or other items to be processed, we recover precious metals from them that were mined from the earth years ago. Those same metals will then be reused in new applications that can include jewelry making, medical technologies, electronics manufacturing, and many more. What could be more efficient?Read More
More and more towns and cities across America are holding recycling day events to collect old electronic devices. Electronic recycling days provide a needed service to individuals, who often do not know how or where to responsibly recycle old electrical devices. Whether you are a company that already has stockpiles of electronics to recycle or a company that wants to do something good for your community, you should consider getting involved. By doing good, you could also have an opportunity to earn income.Read More
Someone called one of our expert consultants at 800-426-2344 last week and asked, “Is lithium a precious metal?” He had a lot of old printed-circuit boards that had batteries attached to them and was wondering if he would get paid for the lithium that they contained if he sent them in to be recycled.Read More
We have reached a tipping point where tremendous numbers of products that contain precious metals are being discarded or recycled. If you are an alert investor or speculator, you can buy quantities of them at rock-bottom prices, recycle them, and earn a big return on your investment. Some of these products include...Read More
Yes, it is true, according to data compiled by 911Metallurgist.com. In fact, a ton of used iPhones contains 324 times more gold than a ton of gold ore does. A ton of iPhones also contains 13 times more copper than a ton of copper ore does, and 6.5 times more silver than a ton of silver ore does. So the message seems to be that as demand for precious metals remains high, recycling phones is a practice that is not about to go away.Read More
We get many calls at Specialty Metals Smelters and Refiners from people who have cellphones, catalytic converters, computers, remote control devices, and other items that contain precious metals that can be extracted and refined. The first question that those callers ask is usually, “How much are they worth?” And the first question that we usually ask them is, “How many do you have?”Read More
We’re delivering a little extra value in today’s post, by answering not one but four questions that we’ve heard recently about recycling gold and precious metals.
“Can I find undiscovered precious items on eBay?”
Although it is theoretically possible to discover an undervalued piece of 24 karat gold jewelry or another precious item on eBay, the likelihood of that happening is very small. Even if a seller doesn’t know that he or she has listed something priceless for auction online, the marketplace will react quickly, a flurry of bidding will start, and the seller will realize that he or she has something that is worth a lot more than expected.
“It’s not really possible to find valuable things with a metal detector, is it?”
Actually, it really is possible to use a metal detector to discover coins and other items that have been lost . . . or hidden. To review what people have been finding recently, search online for “recent metal detector finds.” The valuable discoveries you read about will probably surprise you.
“Computers contain such small quantities of gold that it’s really not worth recycling them, is it?”
It all comes down to quantity. If you have only one or two old computers or central processing units (CPUs), then recycling them is probably not worth your effort or time. But if you have a larger quantity – say 200 or 300 – you can recycle the gold these used electronics contain using our qualified precious metals refinery and net a significant sum of money.
And when you stop to think about it, it is not really that hard to find 200 or 300 old stockpiled computers that need to be recycled. Schools have them. Hospitals do too. So before you write off the idea of turning old computers into money, take a look around. Also, conducting a computer drive for a local organization can be a good way to raise funds.
“Silver is worth so little, why would anybody bother to recycle it?”
People are asking this question a lot lately, but it represents faulty thinking. Even though silver is trading for prices that are a fraction of gold’s, it is not at all difficult to find very large quantities of silver. You can find it in old tableware, in photographic and x-ray papers and film, in welding supplies, and plenty of other places.
Do You Have Questions too?
Why not call us at 800-426-2344? We’re happy to answer any other questions you may have that we haven’t heard yet.
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