Common Industrial Scrap that Can Be Worth Big Dollars

Common Industrial Scrap that Can Be Worth Big Dollars

A man who was emptying out a storage building owned by a company that installed security alarms found a storage cabinet stocked with 200 unused key pads. He got excited and got them tested, only to find out that each of them contained less than a dime’s worth of gold. But then there was the guy who emptied out a factory where production lines were designed and installed; he found unused thermocouples that turned out to be worth more than $1,000.

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Precious Metals Building Profile

Precious Metals Building Profile

If you are a regular reader of our blog, you know that we like to offer advice on where to find platinum, silver and gold scrap in old factories. So we thought it would be interesting and informative to profile one such building - the old Tiffany manufacturing facility in Newark, New Jersey, that has now been converted to residential apartments. It is located at 90 Tiffany Boulevard - where else could it be?

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Precious Metals: How to Profit from America’s Sell-Off of Industrial Buildings

Precious Metals: How to Profit from America’s Sell-Off of Industrial Buildings

Last month, a development firm from New York bought a vacant 50-acre manufacturing complex from Caterpillar in Milwaukee. And in the same month, the vacant 37,000 square foot Vista Pointe Industrial Plaza building in San Diego was sold to a California developer.  

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A Field Guide to Platinum and Other Precious Metal Scrap

A Field Guide to Platinum and Other Precious Metal Scrap

If you’ve ever walked around an old industrial site hunting for precious metal scrap, you know that the search can be overwhelming. You examine heaps of dirt, piles of chemicals hiding in the bushes, old steel drums that contain dried or wet sediment, streams where chemicals and byproducts were once deposited, and all kinds of other places that could be hiding precious metal scrap. Although you cannot identify most precious metal scrap just by looking at it, here’s a quick visual guide to some of the materials that can often be refined profitably in our precious metals refinery.

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How to Recycle Gold from Old Plating Tanks

How to Recycle Gold from Old Plating Tanks

...Presto! Gold plating has happened. It’s a simple process that has been used for years to apply gold plating to jewelry and other metal items. But today’s post is not about recycling those items. It’s about reclaiming gold from the tanks where the process took place. Let’s take a closer look...

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Eliminate the Middleman and Make More Money Recycling Platinum Scrap

Eliminate the Middleman and Make More Money Recycling Platinum Scrap

Did you know you can search for the term “platinum scrap” on eBay and find mixed platinum scrap for sale? I just tried it, and I found a bag of floor sweepings, said to contain platinum, that I could buy for $500. I found plenty of other items that were said to contain platinum too, including hard disk blanks, catalytic converters, bags of mixed jewelry findings and scrap, and old laboratory testing crucibles. So, could I buy those items, send them to Specialty Metals Smelters and Refiners to be recycled, and make a healthy profit? It’s possible. Yet the chances of it happening are probably slim, because…

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How to Eliminate the Middle Man and Get Top Dollar for Your Silver Scrap

How to Eliminate the Middle Man and Get Top Dollar for Your Silver Scrap

Silver scrap is a unique item in the world of recycling. In most cases, it isn’t found in a neat shiny bar or piece that a refiner can weigh and then say, “This is half a gram, and it is worth X number of dollars.” In most cases, silver scrap comes in forms like these...

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How to Find Platinum and Silver Hiding in Piles of Mixed Scrap

How to Find Platinum and Silver Hiding in Piles of Mixed Scrap

Have you ever seen sparks flying when someone was using an arc welder or oxyacetylene welding torch? The sparks you see are little bits of molten metal that fall to the floor as powder and then cool. If silver is contained in the metals being bonded (or if it is contained in the rods used for brazing, as it often is), it will fall to the floor where it will be swept up – maybe by a young employee like I was, at the end of the day. 

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What Processes Are Used to Precipitate Precious Metals from Liquid Chemical Solutions?

What Processes Are Used to Precipitate Precious Metals from Liquid Chemical Solutions?

If your liquid chemicals contain gold, silver, platinum or other precious metals, how can they be separated (precipitated) out of their solutions and tuned into solid metallic form again? Several different processes can be used to precipitate previous metals from liquids... 

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How to Profit Today from Hidden Deposits of Precious Metals in Factories

How to Profit Today from Hidden Deposits of Precious Metals in Factories

We would like to tell you a story that illustrates the fact that you could make a lot of money, simply by recycling quantities of gold, silver and platinum that could be hiding in plain sight in companies that manufacture or repair jewelry, dental appliances, silverware, or other common products. 

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Crud - Why the Ugliest Stuff You Find in Old Businesses Can Be Worth Big Dollars

Crud - Why the Ugliest Stuff You Find in Old Businesses Can Be Worth Big Dollars

Have you stopped to think how rare discoveries like those are, and how much more likely it is that you will discover quantities of precious metals in powders, shavings, sludge and other stuff that doesn’t look valuable? In other words, the crud that you will find lying around in old businesses and factories? If you don’t know where money can be found in crud, we will tell you in today’s post.

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Recycling Silver Cadmium Contacts Can Give You a Big Payday

Recycling Silver Cadmium Contacts Can Give You a Big Payday

If you’re buying and recycling scrapped precious metals, we have a piece of profitable advice for you today: Be on the lookout for silver cadmium scrap or unused components. There’s a lot of money to be made by recycling them, for several reasons. First, old industrial components made of silver cadmium are not difficult to find, because they have been used for years in many manufacturing processes. Second, with cadmium trading at about $12 per pound, a quantify of unused or recycled silver cadmium components can offer you a big return over what you paid for them.

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Can You Recycle Blue Gold? Who Ever Heard of It?

Can You Recycle Blue Gold? Who Ever Heard of It?

We’ve already written about pink gold, rose gold, white gold, and even green gold on the Specialty Metals blog. (See related posts below.) We thought we’d seen just about every color, then we found an article entitled “What Can Make a Piece of Gold Turn Blue?” that Esther Inglis-Arkell wrote for io9.com. 

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Complicated Precious Metal Recycling Problems Made Easy

Complicated Precious Metal Recycling Problems Made Easy

Recycling precious metals often involves analyzing and refining big messy batches of mixed materials. People who own these mixed lots of material know that gold or silver or platinum is “in there” somewhere, but don’t know where it is, what it is, or how much of it is present. 

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Three Easy-to-Overlook Sources of Silver Scrap

Three Easy-to-Overlook Sources of Silver Scrap

Silver might not be worth a lot of money per ounce – it is trading for a little less than $15.00 right now. But that doesn’t mean that you can’t make a lot of money trading it. The key is to collect large quantities of the metal at below-market prices and then call Specialty Metals Smelters and Refiners at 800-426-2344 to discuss your recycling options.

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Get Wired! How to Unravel Big Dollars from Wires Made of Gold, Platinum and other Precious Metals

Get Wired! How to Unravel Big Dollars from Wires Made of Gold, Platinum and other Precious Metals

If you’re emptying an old factory that produced products that contained metals, chances are good that you will discover wire that contains precious metals.  You might find coils of it in storage areas. You might find little rolls of it hiding in drawers. Unless the previous owners labeled their supplies carefully or the wire is still in its original packaging, you have very little way of knowing what kind of wire you have.

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Become a Rich Environmentalist by Recycling Precious Metals

Become a Rich Environmentalist by Recycling Precious Metals

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?

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Why Letting Us Test Powdered Chemicals Can Offer You a Large Return and Ensure Your Safety

Why Letting Us Test Powdered Chemicals Can Offer You a Large Return and Ensure Your Safety

So, what are palladium salts? They are compounds of palladium and other chemicals that are most often used in the production and testing of stainless and other steels. Some palladium salts are also used as catalysts in the production of other chemicals. Here are some common forms of palladium salts that are used in industry, and that you might come to own if you acquire a chemical business or an old industrial site . . .

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Doing Well by Doing Good: Why Your Business Should Co-Sponsor an Electronics Recycling Day in Your Community

Doing Well by Doing Good: Why Your Business Should Co-Sponsor an Electronics Recycling Day in Your Community

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.

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