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Does anybody know much gold is on 1# lb. of gold fingers? How many lbs. of finger boards to get 1lb of gold fingers? I know some boards are smaller than others but just a ballpark figure would be good. I'm going to experiment with this and see what I come up with.
If the buyers are paying 70.00 a pound for gold fingers with gold around 1600.00 then there would be 2/10 of an ounce of gold or less.
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If there is 2/10 of an ounce of gold to 1lb of fingers I would be doing the happy gold dance all the way to the bank.At 1600 per ounce 2/10 of an ounce would be 320.00. I think it would be more like 2/10 of a gram but I don't know how many grams in a troy ounce.
My bad, it should have been 4/100 of an ounce. Must be my okie calculator.
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31.1 grams per ounceOriginally Posted by happyscraper
Metal Recycling Entrepreneur
OhNo! Not one of those! ??
I threw that in just for you, Bear. Don't smack me with your okie suitcase!
Metal Recycling Entrepreneur
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Im from OK too. And my Okie calculator is usually my 9 fingers.
I only count 7 from here, must be old guy's eyes.
Crt & Ewaste Specialist
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Um if its only 4/100 and oz for 1 pound of fingers we get 51.44 per gram of gold. 1.13 grams of gold= 1lb of fingers. Means that our buyers selling to refiners would be loosing money. They still have to pay the refiner as well. So in my own opinion its more then 4/100an oz. (pound of fingers melted into gold would come out to $58.13)
Born to think, destine to succeed.
Crt & Ewaste Specialist
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I would put it closer to 3.2 grams to 5.5 grams max depending on the share the refiner gets. Doing it smart you would cover for the cost of refinement and double the investment that you took. Plus padding for market fluctuation. Plus all overhead of the company is in there as well.
Every 10 pounds of fingers would bring in 1 oz of gold to the customer i think.
(this entire post is speculation till i try it myself.)
Last edited by Dunemaul; 07-18-2012 at 04:28 AM.
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we were averaging around 40 pounds of finger cards to get 1 pound of fingers
Metal Recycling Entrepreneur
I have heard numbers like 2-4 grams/lb myself. If the average is 3g, then the buyer is making 2x cost before time and chemicals are accounted for. Which seems very reasonable to me. I actually have 300g of RAM fingers in AP right now, I will try to remember to update you folks with the yield. I have another lb of PCI fingers to run next, so I can tell you the yield on that as well.
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Isn't there other PM's other than gold on the boards.
Crt & Ewaste Specialist
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Yes platinum, palladium, silver, copper,lead,tin.
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Here is what i have come up with over the several years i have been doing fingers:::::
1 sound,video card = 2g of close cut fingers. 4-6 cards
1lb fingers =2g of GOLD
14-15.5lb. fingers =1 troy ounce of GOLD
Ball park figure the number of cards needed will be around 3500 sound and video .
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You can have an average of 1g to 5g (very reare) per lb of fingers. A lot depends on how much of the circuit board is left on the fingers when they are reoved from the board's. Also of course age, grade and size of finger's makes a difference.
At our offer of $80.00 per lb. on fingers that is 14% more than EwasteD's $70.00 per lb. and 11% abover Boardsort's $72.00 per lb.. This is not ment to take anything away from either of these guy's because I like and will work with both of them now and in the future and have a lot of respect for them.
We buy electronic scrap, Gold Karat scrap, gold filled, refined gold, silver and many other item's.
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Good info to have, thanks!
Burly Smash![/COLOR][/SIZE][/FONT]
John Terrell (248) 224-2188
Burly Guys Junk Removal LLC
5499 Perry Drive Unit P Waterford, MI 48329
http://www.burlyguys.com
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well im sitting on 50 pounds of fingers and boards that are better than finger grade waiting for gold to go up, they are processed and ready to sell
at 14-15.5lb. fingers =1 troy ounce of GOLD so it looks like i have atleast 4 ounces worth which is good
check out this lot i just bought at a measly $10 per pound loaded down with double sided solid gold plating:
53 lbs 98 Pieces CPU Boards Gold PM Recovery Scrap not Ceramic 386 486 Look | 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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For reference
31.1 grams per toz
453.59 grams per lb
14 toz per lb
Hope that helps.
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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