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Nickelless
Administrator
USA
5580 Posts |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/12/2008 : 19:10:23
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Is the plating 1 micron or 3 microns thick?
No, it's not worth buying.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 05/12/2008 : 19:47:58
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Short answer, No.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/12/2008 : 20:04:26
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| I agree with no but it makes me wonder how much gold ends up in the dump that way? |
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Think positive. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 05/13/2008 : 06:48:08
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Probably a lot thrown away. What's the cost/process for removing the gold? Seems time/labor intensive.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 05/13/2008 : 07:18:54
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| There are some people that buy up gold plated stuff and refine it and make money (though I am not sure how much), but they are not buying it at the mall. They are buying it at garage sales for 25 cents an item. Of course, the hard parts would be trying to keep up a steady flow of cheap plated items and learning how to refine it and messing with all the chemicals... |
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Saul Mine
Penny Collector Member
USA
343 Posts |
Posted - 05/14/2008 : 22:37:35
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| I once figured out that it takes 40,000 computer cards to get an ounce of gold from the plated fingers. Plating is just not very thick. Gold filled is quite thick, usually 1/20 by weight. Even at that rate the scrap value is only $30 a pound. |
A penny sorted is a penny earned!
Please use tinyurl.com to post links. Long links make posts hard to read. |
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goldsilverpro
Penny Sorter Member
26 Posts |
Posted - 05/22/2008 : 09:26:43
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Saul Mine,
quote:
I once figured out that it takes 40,000 computer cards to get an ounce of gold from the plated fingers. Plating is just not very thick. Gold filled is quite thick, usually 1/20 by weight. Even at that rate the scrap value is only $30 a pound.
Please forgive me, but it seems your numbers are way off. For example, 1/20 12K gold filled would run $337 per pound @ a $925 gold market (1/20 X 12/24 X $925 X 14.58). The 1/10 12K would run $674/pound. Of course, these values are for new items. With used items, some of the gold will be worn off and the value will be a somewhat less.
The gold thickness of the fingers on computers runs about 25 to 30 microinches. The gold value of 25 micro" material runs about $0.23/square inch. I would guess that the average gold plated surface area for boards with fingers only plated on one side is about 0.64 sq.in. That would make the finger value equal to $0.147 per board. Therefore, it would take about 6,300 boards to make an ounce of gold. If the fingers were double sided, it would take 3,150 boards. Besides fingers, most boards have other items that contain gold. On the average, then, it would take far fewer than 3,150 boards to make an oz. of gold.
The gold plating on cheap costume jewelry only runs about 7 to 10 micro" thick. For 7 micro" stuff, its gold value is about $0.065/sq.in. Not much unless you have a drum of it. Higher quality plated jewelry is worth a lot more but, usually, it will be specially marked. For example, that marked "Karatclad" runs 100 micro", or $0.925/sq.in. Here again, these numbers assume the items are new.
The best way to calculate gold plating values is to measure and then calulate the plated surface area. Of course, you also also need to have an idea of how thick various things are plated.
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Edited by - goldsilverpro on 05/22/2008 09:44:49 |
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TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 05/22/2008 : 10:11:52
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quote:
Originally posted by Nickelless
I was at the mall yesterday and browsed some jewelry that the shop owner said was gold-plated. Is something like this worth buying, and if so, what's a per-gram estimate to shoot for pricewise?
I would not buy gold-plate. I have heard that some survivalists buy 14 carat gold rings and other jewelry at pawn shops rather cheaply. I would go that route if you are trying to pick up some "junk" gold. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Buy gold-plated jewelry or not?
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