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ebaying gold pins

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  1. #1
    MetalEarthRecycling started this thread.
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    ebaying gold pins

    Started selling on ebay since im stockpiling items that are worth more than recycling companies give.
    Ebay.com/itm/281068563199?ssPageName=STRK:MESELX:IT&_trksid=p39 84.m1555.12649

    1 lb Gold Plated Pins for Scrap | eBay



    New to selling on ebay. Hate the fees, but it does bring in more for certain items. Any pointers on my ads would be apreciated
    Last edited by MetalEarthRecycling; 02-22-2013 at 12:44 PM.


  2. #2
    jghilino's Avatar
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    $100 is a fair price, i would put either free shipping on it or flat rate shipping at $6 or less, i dont like the calculated shipping, and have a 30 day return policy, your no return policy is scaring alot of bidders / buyers off

    take a look at this one, one of my many listings, you can see shipping is fast and free, thats what buyers are looking for, you pay fees on shipping weather its free or not so i made all my listings free shipping
    Green Circuit Boards Solid Gold Plated 1 Pound High Yield PCB Fingers Scrap | eBay
    I buy and sell all types of scrap and escrap. I buy specialty and hard to sell escrap. I buy resale items. PM me or contact me at jghilino@hotmail.com
    I AM ACTIVELY BUYING ESCRAP OF ALL TYPES. BOARDS, RAM, CPUS AND MUCH MORE

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  4. #3
    MetalEarthRecycling started this thread.
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    Updated post. Ebay automatically says no returns if you dont change it. I dont care if they return it. Someone else will gladly buy them. Pins are so easy to sell to refiners they love them. Last pound sold for 100 , but pound before that went for 157. Thanks for recs. Fine tuning a post can dramatically increase the number of bidders.

    Anybody noticed the best time and day to end ebay auction?
    Im thinking weekend nights. Like fri or sat evening time.

  5. #4
    JohnM's Avatar
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    Anybody noticed the best time and day to end ebay auction?
    Im thinking weekend nights. Like fri or sat evening time.
    Sunday afternoon

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    Hey JG, if you don't mind me asking, what did those gold plated boards come out of. Sorry for hi-jacking this thread.

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    i bought them on ebay at $20 pound, been flipping them at $90 pound =) almost all have sold

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    Quote Originally Posted by jghilino View Post
    i bought them on ebay at $20 pound, been flipping them at $90 pound =) almost all have sold
    that is awesome!! do you have the sellers shipping them to your buyers yet lol
    There ain't nothing wrong with an honest days work. Anyone who says otherwise is a fool.- Old Man

  10. #8
    jghilino's Avatar
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    nice sale on the gold pins at $170 pound, i thinks thats more money than the actual amount of gold that could be recovered, i dont think those pins would yield 1/10 ounce the pins are too large, not enough surface area

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    Concerning auction ending time. Some eBayer's I know of devoted quite a bit of time and energy to this question and eventually came up with Saturday late afternoon through early evening. However, I tend to go for the Sunday afternoon/ evening myself.

  12. #10
    NobleMetalWorks's Avatar
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    Quote Originally Posted by jghilino View Post
    nice sale on the gold pins at $170 pound, i thinks thats more money than the actual amount of gold that could be recovered, i dont think those pins would yield 1/10 ounce the pins are too large, not enough surface area
    Specially when you figure out the labor percentage, the cost of consumables such as acids, energy, chemicals, etc.

    There are people who will pay way over the value of gold plated pins because what they do is melt them, pour them into bars, and then sell them as "gold pin drops" for way more than what the actual gold content is.

    Take this auction for example:

    76 5 GR Button Melt Drop Unused Hi Grade Plated Pins Scrap Gold Recovery | eBay

    The person selling this "drop" purchased pins off ebay, there are 453.5 grams to a lb, so if they paid $200.00 per lb, and they get their $99.00 for the 76.5 grams of melted pins, they are are almost making triple their money. At $200 per lb, that is right around .44 cents they are paying per gram, and they are selling at $1.29 per gram, take $1.29 and divide that by .44 = 2.9 or right around there, almost 3 times the amount they paid for the pins. This is why pins sell for crazy prices on ebay, not to refine, but to turn into another product to rip someone off for even more money. Those pins drops are less than 1% gold. I fairly recently refined gold drops for an elderly woman who had spent her savings buying them because she thought she was getting a great deal, and investing in her grand children's college future.

    I can't knock the people selling the pins, but the people selling the gold drops, so far as I am concerned should be strung up by their pinky toes and beat senseless.

    Scott
    At the heart of science is an essential balance between two seemingly contradictory attitudes--an openness to new ideas, no matter how bizarre or counterintuitive they may be, and the most ruthless skeptical scrutiny of all ideas, old and new. This is how deep truths are winnowed from deep nonsense. -- Carl Sagan

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    Quote Originally Posted by NobleMetalWorks View Post
    If the pins are 1% gold then what percentage are the button drops?

    Are they just melting the pins down into drops and not separating out the other material from the gold?

    You said you refined some gold buttons. Did you keep track of how much gold you got compared to the weight of the button?

    Thanks

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    Quote Originally Posted by Catfish Bob View Post
    If the pins are 1% gold then what percentage are the button drops?

    Are they just melting the pins down into drops and not separating out the other material from the gold?

    You said you refined some gold buttons. Did you keep track of how much gold you got compared to the weight of the button?

    Thanks
    The ones I have refined were less than 1%. Also consider, to refine these "gold drops" you either have to process in an electrolytic cell, which takes 4 times more acid than refining silver, or you have to melt, and atomize to create small enough material to be able to digest in acids. It cost more to process gold drops than the gold you are recovering unless you are processing a lot of material, then you might make something, but there are many other types of material you can put your money into that would allow you to actually make a profit.

    Scott

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    wow, so my big dream here of selling these gold pins is basically just going to help someone rip off someone else. Well that sucks b****.

    Kind of like that South Park episode with the scrap gold and the kids grandparents wont stop buying all the gold jewelry on a tv shopping channel.

    What about the other gold bearing components of the computers, is their gold percentile worth the time and refining?

  18. #14
    MetalEarthRecycling started this thread.
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    Quote Originally Posted by jghilino View Post
    nice sale on the gold pins at $170 pound, i thinks thats more money than the actual amount of gold that could be recovered, i dont think those pins would yield 1/10 ounce the pins are too large, not enough surface area
    The pins were also gold plated on the inside. I failed to mention that in the auction. However a small time refiner purchased mine and claimed to reclaim 1%. So out of the 455 grams of pins he claimed to separate 4.5 grams of gold. If that is the case then there is more profit in these pins refining them rather than selling on ebay. I have sold several pounds and the auctions bring in anywhere from 100 to 167.

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    I'm trying to read up on these gold pins and refining. A lot to read our there.
    Last edited by Catfish Bob; 03-20-2013 at 03:14 AM.

  21. #16
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    What are those pins from?

  22. #17
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    Quote Originally Posted by Flinthills View Post
    Concerning auction ending time. Some eBayer's I know of devoted quite a bit of time and energy to this question and eventually came up with Saturday late afternoon through early evening. However, I tend to go for the Sunday afternoon/ evening myself.
    That is true if selling to guys. They sit in front of the computer while the wife fixes dinner. But I have heard if selling to the gals try middle of the day on a weekday. Kids are at school and the house is quiet.


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