Selling things with lots of gold in them... (natsemi)
William Donzelli
wdonzelli at gmail.com
Mon Jun 26 21:17:53 CDT 2006
> This assumes they have the experience to judge the
> value correctly. I've watched several bidders snap up
> circuit boards for much more than their gold value,
> but who were obviously scrappers -- their feedback
> history showed gold jewelry, coins, reclamation
> chemicals, how-to books, etc. There are apparently
> folks out there who are promoting and selling supplies
> for small-scale backyard gold recovery, and the people
> who are into this don't necessarily know what they are
> doing.
Yes, but there is the flip side of the gold coin...
Do you (or most others on this list) have the experience to the judge
the value carefully?
Sometimes there can be a lot of gold hidden inside plain jane looking
electronics. Sometimes not.
Also, the gold market is a funny thing, and is very high these days. A
few months ago the Indonesians were so desperate for gold they were
paying well above market value for scrap.
--
Will
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