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