Crooks aren’t nice people, they hurt people, and we don’t like to write about them. But the fact remains that if we look at crime trends around the country, they can teach us some lessons about the value of precious metals. Also, because crooks make money by selling what they have stolen, their crimes tell us there is a market for the metals they are selling.Read More
You have probably heard the news that catalytic converters are disappearing now that electric cars are increasing in number on America’s roads.
That’s true. But the fact is that there are still plenty of new “standard” cars that are powered by either gasoline or diesel fuel, and those models still have catalytic converters.Read More
Here’s a trick question for you.
If you visit an automobile junkyard and find a wrecked Tesla Model S sitting next to a wrecked 2005 Ford Crown Victoria, which one of them contains more precious metal? And if you are someone who likes to collect and recycle precious metal scrap, which one should you pull apart?Read More
“How to Eliminate the Middleman and Make More Money from Your Used Catalytic Converters” is one of the most popular posts we published on this blog. Although we published it back in 2014, the advice it contains is still relevant today, and we urge you to read it.Read More
If you have ever donated a car to a charity, you know the routine. You call to schedule a time when your car will be picked up. A flatbed truck arrives, the driver writes out a receipt, and your old car gets hauled away. A little while later, you get a receipt from the charity that took your car. That receipt should provide a value for the car you donated, which should be what the charity sold the car for.Read More
. . . your questions answered about recycling catalytic converters
How much platinum does a catalytic converter contain? And if you have a batch of cat converters that you would like us to recycle for you, how much money do you stand to make?
Those are only two of the most common questions that people are asking about catalytic converters. In today’s post, we will answer them for you.Read More
Are you ready to start collecting catalytic converters and sending them to Specialty Metals Smelters and Refiners to be recycled?
Great. Because you will need to collect 500 or more catalytic converters before shipping them to us, your next decision is . . .Read More
Urban legends are stories – usually untrue - that are so weird that people keep repeating them and sending them around via email. They tend to take on lives of their own – some people even think they really happened. There are even urban legends about precious metals. Here are three we have heard…Read More
It is easy to find businesses that are for sale. You will find them advertised in newspapers that are published near where you live. Plus, you can find hundreds of them online on BizBuySell.com and other online listings of businesses that are for sale. Just search online for “businesses for sale” and you’ll soon be looking at hundreds of them.Read More
Platinum wire can turn up just about anywhere where platinum was used in manufacturing. Even though it doesn’t look valuable to the casual observer, it could be. So, if you find bright, shiny white wire...Read More
Our editorial team had a very busy 2016, writing a total of 46 blog posts on a variety of topics. Some posts contained only nuts-and-bolts advice on finding and processing precious metals. Others covered trends. Yet we did our utmost to deliver practical, usable advice in every post we wrote. In today’s post, we’ll organize those 2016 posts by topic, so you can quickly find the information you’re looking for.Read More
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…Read More
We have written about this topic before on this blog. But since every day seems to bring news of new and advanced car technologies and things have changed, it’s time to cover the topic again.Read More
If you ask most people how a catalytic converter works, they’ll say, “Dirty exhaust from your car’s engine goes in one side and cleaner exhaust goes out the other side. The exhaust gases then go through the muffler and leave the car via the exhaust pipe. That’s pretty accurate, but it lacks some of the subtler information about what really happens in your car’s catalytic converter. It also doesn’t explain what the recyclable precious metals that catalytic converters contain are, or where you can find them. Well, there's nothing like a video...Read More
It took a long time, but this month VW and the U.S. Environmental Protection Agency reached an agreement to compensate owners of VW 2.0 diesels or to repair or buy back their affected cars. So, what does the new agreement mean for you if you collect and recycle catalytic converters for a profit? Although full details of the agreement have not yet been announced, here are some issues to keep in mind if you are hoping that the agreement could yield a windfall in available converters.Read More
We just went to the famous New York Auto show and went sniffing for catalytic converters in some of the newest models there. We discovered quite a few new cars that use – or do not use – catalytic converters in interesting ways.Read More
Frankly, we are not going to answer that question on today’s post, because it is a question that only your financial advisor or tax preparer can answer for you. There are many variables to consider – your tax bracket, your other investment gains or losses – and we are not in a position to offer that kind of advice. What we can do, however, is answer the following question . . .Read More