On 9/4/11 10:56 PM, Ian King wrote:
more people will realize that the old accounting
system that's been
taking up room in the back
of the warehouse may be worth more than metal scrap
With gold over $1000/oz, has anyone figured out what the real scrap
value of something like a 7090
or 360 currently is for the copper and precious metals?
That is what you're fighting against, and it has been the same since
the 70's.
If anyone notices the amount of copper and gold in an old box in the
back room, it is gone.
In the late 70's I lost an HP 2116 to silver and gold
value. They
wanted and got $3000 for it for metal scrap alone. The main values
supposedly was in silver.
I was told that 360's had more silver in them than gold, and it is now
near or at an all time high value as well.
I also was told that University of Missouri, Rolla's 360/50 went for
around 25,000 in the early 80's for scrap. They were given 4341's by
IBM to replace the /50, later upgraded by IBM at their cost. UMR had
purchased the 360/50 in an unusual early buy in 1969 or 1970, when the
usual procedure was to lease.
University of Missouri, Columbia had a 370/158 at the time, don't know
if it was owned, but most likely was as well.
There was a service company, Sorbus which merged with another large
service company, Braeden in the early 80's again who had a 360/40 for
test purposes in Anaheim, CA. I'm not sure what happened to it. They
were in bankruptcy, and I tried to obtain this machine, but never could
find someone who would release it for sale. someone in the organization
hopefully saved it, as that was the hangup, it was held for someone else
to buy from the estate.
Jim