Results 1 to 2 of 2

plated flatware, tableware pays well -- for free (?)

| A Day in the Life of a Scrapper
  1. #1
    tigerbeetle started this thread.
    tigerbeetle's Avatar
    SMF Badges of Honor


    Member since
    Jan 2012
    Location
    Jersey Shore
    Posts
    14
    Thanks
    0
    Thanked 7 Times in 4 Posts

    plated flatware, tableware pays well -- for free (?)

    I'm sure this subject has run before in here but I just wanted to share a small-time decent payoff success I had.

    A nearby old-and-new shop was overloaded with old silver plate -- flatware and assorted tableware. They nixed all of it for space reasons. I literally had to dumpster dive to retrieve it. Since I was on private property, I was permitted by the owner to go in. Random dumpster diving is now illegal in many NJ municipalities.

    I pulled out a tidy 27 pounds, pretty evenly split between larger tableware and flatware. One tray was almost six pounds.

    Virtually all of it had a brass underlying metal. Only a few forks had nickle (?) below. Knives were of no use since they had ferric blades -- way to much trouble to angle grind them off.

    I thought I was going to have to explain my load to the yard but they grabbed it immediately (after magnet tests) and paid me a bit of a premium over my usual dug brass -- which I also had a load of.



    The only thing I'm not sure of is whether it is cost effective to BUY big lots of silver plate. At auctions, truly heavy boxes of silver plate often come up for bid. Though they are seldom expensive, that profit-margin thing jumps forth when first paying money before scrapping. Anyone collect that stuff for scrap?


  2. #2
    SMF Badges of Honor



    Member since
    Jul 2011
    Location
    Jacksonville, NC
    Posts
    4,917
    Thanks
    15,632
    Thanked 5,861 Times in 2,713 Posts
    Its been discussed here and on other forums. I have to say like most things information and experience helps make profit possible. Remember profit begins when you buy not when you sell, Mike.
    "Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}

    Now go beat the copper out of something, Miked

  3. The Following User Says Thank You to miked for This Post:



  4. Similar threads on the Scrap Metal Forum

    1. It pays to ask
      By erg in forum A Day in the Life of a Scrapper
      Replies: 9
      Last Post: 01-28-2015, 03:53 PM
    2. flatware
      By blcapt in forum Introduce yourself
      Replies: 4
      Last Post: 02-02-2012, 04:00 PM
    3. Persistence pays off
      By Mick in forum General - Let's talk business
      Replies: 0
      Last Post: 09-01-2010, 12:18 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook