Posted: 4/9/2010 4:01:28 AM EDT
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Where is the best place to sell silver scrap such as electrical contacts . I am interested in selling scrap that is still attached to the brass, copper, and steel contact holders. I would rather just get refined silver in one ounce coins in return for my scrap. Is now a good time to do this ? Seems with the high prices I would get a higher silver return back when you take out refineing cost.
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Quoted:
Talk to the scrapyard guys, they know how to deal with such things. Search for the best deal. Our company used a company a few years back but I cant remember their name . We sent off x amount of pounds of scrap and got back 1 ounce silver coins . They kept enough to pay for the cost of melting , grading and profit . There is only one scrap yard that I will deal with and they don't deal in silver or gold. I do not trust most of the small local type scrap dealers anyway. There are so may folks scaming gold sellers I need the name of a company that one of the brotherhood of arfcom knows to be honest and then I will check they out anyway 
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Might try calling Rio Grande-they do stuff like this for jewelers and may be able to hook you up.
You'll do better to get rid of as much non-precious material as possible. maybe the solder used to attach the contacts is lower melting point than silver, and you can throw all the parts in a fire, oven, or kiln, and get just the good stuff out. |
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Quoted:
Might try calling Rio Grande-they do stuff like this for jewelers and may be able to hook you up. You'll do better to get rid of as much non-precious material as possible. maybe the solder used to attach the contacts is lower melting point than silver, and you can throw all the parts in a fire, oven, or kiln, and get just the good stuff out. The solder has to be a lower melting point because when some one jogs a motor under extreem load it will float the contacts off. my father would heat it just enough to wash them off. some of the older contact holders from the 40's and 50's starters the entire contact holder is silver plated. some of the larger starters have contacts that are at least a third of an ounce even then its not a lot of silver maybe 3 ounces in a starter but it will add up when you start collecting |