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Robarons
Penny Hoarding Member


USA
522 Posts

Posted - 02/04/2008 :  21:14:39  Show Profile Send Robarons a Private Message
What metal are cookie/candy/etc. tins and would scrap dealers be interested? Do they even look profitable?

I am sure we all saw them at ANY kind of sales for a nickel, dime, or even free.

Also is it worth buying brass or copper knick-knacks from these sales. Sometimes they are marked "solid _____", but some arent so are they worth the risk?

Robber Baron= Robarons

Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 02/05/2008 :  14:26:27  Show Profile Send Cerulean a Private Message
I think most of those tins are steel, and it takes tons to steel to yield better than negligible scrap value.

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pencilvanian
1000+ Penny Miser Member



USA
2209 Posts

Posted - 02/05/2008 :  16:10:00  Show Profile Send pencilvanian a Private Message
I have seen a few cookie tins marked "Everwear"meaning they were made out of aluminum so there is scrap value for those. A magnet is the tool to sort out the "wheat from the chaff".

If anyone asks you why you are testing trays with a magnet just say that you are a little hesitant to cook on steel trays due to rust concerns or that you have enough steel trays and you want aluminum trays for your kitchen.

As far as the knick-nacks are concerned, I say buy them if they are cheap enough. Only rarely do I run accross a solid brass that is magnetic, and even then it is only sightly magnetic (a little iron impurity in the casting or melting process no doubt.)

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Know Common Cents
Penny Pincher Member



195 Posts

Posted - 02/15/2008 :  21:18:47  Show Profile Send Know Common Cents a Private Message
I keep a couple of small magnets in the glove compartment of my cars. I've even seen magnets that attach to a key chain, but these people are serious and dedicated "junkers." Personally, I'd look at the same yard and rummage sales for castoff sterling silver, jewelry and other potential treasures that are being sold for practically nothing. Or...buy one of the large tins and start hoarding all of your scrap gold and silver in it. It's out there. As people become even more pinched for cash, there'll be a bumper crop of these sales as soon as they weather gets better. Tough to hold an outdoor rummage sale when there's 2' of snow on the ground and wind chill temps of -20 deg F. Visiting these sales throughout the warmer months is more lucrative than having a part time job.

Here in Wisconsin, we have some of the highest property and gasoline taxes in the US. We're squeezed so much, I have to make my daughter wear penny boxes for shoes. At least she has an endless supply.
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Robarons
Penny Hoarding Member



USA
522 Posts

Posted - 02/16/2008 :  18:12:37  Show Profile Send Robarons a Private Message
Thanks for the info on scrap metals. I been doing the gold/silver scrap play, but because of the higher prices the market has got a bit crowded. I always see silver plate, but unsure if scrappers would buy it and unable to 'hand weigh' the stuff like silver/gold. I don't know if an alum. pots for .75, brass trinkets, copper pipe are worth it of all the metals types and unmarked nature of the stuff above. But I will call around and dive head first and hope I dont hit my head.

thanks

Robber Baron= Robarons
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just carl
Penny Hoarding Member



USA
601 Posts

Posted - 02/20/2008 :  07:38:47  Show Profile Send just carl a Private Message
True that some carry magnets to check cans or containers to see if they are steel. However, there are those that are a little more educated and when it comes to purchasing something that is advertised as STAINLESS STEEL, they want to know if in fact it is a high grade of stainless steel. You see there are numerous types of Stainless Steels. The higher grades are not magnetic. The amount of Nickel and other materials in the Steel makes the Stainless a non magnetic material and this is the one that really will not stain, tarnish, rust, corrode. Many, many have purchased an item noted as Stainless Steel and end up seeing it stain, tarnish, corrode and usually it is made in China. This is a very low grade of Stainless Steel and IS attracted by a magnet.
Unfortunately you can NOT tell what many metals are with a magnet. Note the amount of Lead impregnated toys lately found.
Many items from other countries are made of what is called junk metal. This is a combination of just about every metal picked up laying all over the place and smelted together.

Carl
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