The Changing World of Investing in Old Cellphones

The Changing World of Investing in Old Cellphones

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:

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Where Precious Metals Could Be Hiding in Your Home

Where Precious Metals Could Be Hiding in Your Home

Before you hop in your car and go looking for precious metals at home sales, in open fields, at antique stores and the other common places visited by people who hunt for gold and precious metals, why not ask this simple question? Are precious metals hiding right under your nose, right there in your home? The simple fact is, they could be. Here are some places that should be on your radar… 

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Are Rare Earths and Precious Metals the Same Thing?

Are Rare Earths and Precious Metals the Same Thing?

“Precious metals and rare earth element are the same thing, right?”
 Let’s clear up this misconception right away. No, precious metals and rare earths are not the same. In today’s post, we’ll find out what the difference is

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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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How You Can Make Tons of Money Recycling Precious Metals in 2015

How You Can Make Tons of Money Recycling Precious Metals in 2015

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...

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There’s Gold (and Silver and Other Valuable Stuff) in iPhones

There’s Gold (and Silver and Other Valuable Stuff) in iPhones

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.

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How Much Money Can You Make by Recycling Computers, Cellphones, Catalytic Converters, and other Popular Items?

How Much Money Can You Make by Recycling Computers, Cellphones, Catalytic Converters, and other Popular Items?

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?”

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Raise Money for Your Favorite Cause with a Gold Drive

A gold drive can be a great way to raise money for religious institutions, charities, hospital or other causes that you support, whether you are a local business, a manufacturer with ties to your community or just as an individual who wants to help a good cause.

Best of all, gold drives are simple to set up and run. You ask people to donate cellphones, old remote control devices, or old eyeglasses. You then send the items that you collect to our qualified precious metals refinery, and we send you payments.

Photo of people in a recycling drive to collect gold-bearing devices like old phones to raise money for their favorite cause with the help of a qualified gold refinery like Specialty Metals.  

It sounds simple, and it is. Yet here are some suggestions for running a successful gold drive.

Select and specify the specific items that you will collect

You can focus on older cellphones, on remote-control devices, on eyeglasses and eyeglass frames – or on a combination of those items. Even in rural areas, it is possible to collect a surprisingly large number of older cellphones every month.

Work with the staff of the cause that you are supporting

The people who work there can do a lot to assure the success of your efforts. They can place collection bins in front of their premises and elsewhere. They can also announce the gold drive in their publications, place articles with local newspapers and websites, utilize their staff to help monitor and run the drive, and provide other assistance to help assure success. And if you are a business, you can use your own location as a collection center as well, strengthening your ties to your community and bringing in additional traffic.

Allow enough time to spread the word

It can also be a good idea to make your drive open-ended – not something that you run for just a few months, but an ongoing activity that will become known and generate income in the years ahead. It takes time for people to learn about drives and to respond. 

Consider involving students

High school students, members of scouting organizations, and other young people today are often eager to participate in projects that help their communities. With just a few calls, you could recruit young people who can go door-to-door, stand in front of stores to promote your drive, and do lots of other “legwork” that can make your drive a success.

Let Specialty Metals Smelters and Refiners Help You Succeed

We are ready to help make your gold drive an ongoing success.  To learn more, call us at 800-426-2344.

Related Posts:

Recycling Gold Filled Scrap - Big Dollars Could Be Hiding in Small Items
Is it Worth Recycling Smartphones?
Ask a Gold Refinery - What’s the Difference between Gold-Plated and Gold-Filled Eyeglass Frames?
Four Kinds of Easy-to-Overlook Electronic Devices that Contain Gold
Are You Sitting on Precious Metals You Don’t Even Know About? It’s Remotely Possible!