I worked with a gold scrapper for a few years. They do know the
value (in gold) of every major chip What they often don''t know it
the resale value of the chips themselves and some are quite valuable.
For a while I saw Intel 8086s going for upwards of $35 from reuse
demand. This can drive card values higher. There is a huge market in
chip resale, one of our competitors got into that and is still going
strong.
there are many reasons to buy cards. $50 a DEC card is way above scrap
value. I have gotten up to $100 for some of my Intel Multibus cards
from a couple of my stocking dealers.
Scrap old DEC Cards (Qbus & Unibus) should bring about $5 to $6 per
pound with the gold price at about $600 (I was getting $2.50-$2.75/lb
at 300). Gold chips add value. Anything pre 1972 has much higher value
as the plating is heavier. Wirewrap adds value. Transistors have gold
and the black round ones have a lot.
HP cards are high value because of the gold plating . However it is
very thin. One rule of the scrapper is bright plating is very thin,
heavy plating is dull, you look for dull. HP cards used to bring $3.50
/lb and up depending on age, probably double now.
There are a lot of speculators out there that don't have a clear idea
of value, buy high, either process it themselves or send it off...and
then think they got ripped off. There is a never ending supply of
these speculators.
If you sell it on ebay and don't want gold speculators, don't use good
pictures that show off the gold.
As too how many hands it goes through, probably not very many. Bobby
used to send 5 to 10 tons of scrap boards to the refiner in a load. We
had to make sure each gaylord had sufficient value (generally over
$2.20 per pound) in it to cover the refining costs which were
substantial and ensure a profit.
One interesting fact is that if you refine your lot rather than
selling it and take your end product in gold and silver you do not
have to pay taxes on it and your refining cost is an expense. We got
back Silver and Gold Coin. I seem to remember the refining cost at
about $1 to $1.25 per pound from a trusted refiner (hard to find)
Hmmm, maybe I should write a book. It was an interesting time. "My
life as a scrapper" from 1989 to 2000.
Paxton
On 6/26/06, Teo Zenios <teoz at neo.rr.com> wrote:
If gold is currently $580 or so an ounce purified and
in the form of a gold
coin, how much would an ounce of gold scrap in the form of chips and circuit
boards be worth if you tried to sell it? Just wondering how many peoples
hands the stuff has to go through ( and make a profit to) to get to the
shiny gold bar or the gold coin 99.999% purity that is $580 on the spot
market.
--
Paxton Hoag
Astoria, OR
USA