BUYING ALL COMPUTER SCRAP WORKING OR NOT
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I don't think anyone was offended. You have a legitimate question and you obviously are serious about this business based on the amount of material you have accumulated.
You have received sound advice from some seasoned pros. Weigh that advice and do as much research as possible. The resources available here are plentiful, utilizing them would be smart.
Welcome to the forum and best of luck!
Last edited by junkfreak; 07-12-2017 at 08:09 AM.
I stated time and again, the refiner will screw you if your not watching. It is not worth your time to go down there and watch your material get run. Heck we've watched the sampling process and it's in one word: janky. The reality of the situation is if you do not know what your doing, they will not tell you. And if they don't tell you, then you will think your results are normal and buy based on that until someone comes along to all your sellers and tells them he can pay more...then what? You need a full truckload. It needs to be sorted properly to know it's minimum returned value. Then you need to babysit the processing of your material for the duration. You can broker that out or do it yourself but it must be done. The service would not be available if it wasn't an issue. Refiners as a lot are a dishonest industry. They are encouraged to fluff their bottom lines wherever they can.
I refine memory and fiber cpus in house. I built the equipment to do it, it is 99% a mechanical process. I even send the waste out for testing to ensure the process is doing what I designed it to do.
Long story short, it's risk management that will make your decision for you.
WI ITAD LLC, IT Liquidation Services, we remarket, buy and sell scrap electronics No customer too large or small!
I totally agree you'll get screwed over by the refinery, they ignore independent assays.
Now 20 gaylords would merit personal attendance or a hired referee to cover your assets.
As for mechanical gold recovery, good to see that I;m not the only one using this procedure, said this before that gold is soft and will run off easily using mechanical methods.
I don't believe 20 gaylords of e-waste merits watchdogging honestly. The time spent and amount you will pay for that will undercut the result enough that a knowledgable intermediary would have been a better sell option. There are exceptions, if those 20 gaylords were say... manufacturing waste such as sim card or pcb manufacturing punchouts. If it was 20 gaylords of cell phones I might go watch myself, hard drive boards, ram, and telecom, sure. Actual boards...no way.
The second quandry is that you yourself do not know the process, so while you can go and watch...what good does that do if your unaware of what is right and wrong about the process? Having a professional watch your material leaves you basing your decisions on their reputation on the subject. And your assuming they are physically present for the entire process which is a near impossibility. Please don't take the assumption that the people speaking are naysayers because we are also buyers. Buyers absorb RISK. We do this because we are trading our knowledge of the industry, and of grading to pay you a set amount. Therefore you are receiving security in your material grades and payouts based on that fact.
Again, big 'ol grain of salt.
Most of my findings are that the refinery won't "screw" you. Odds are you don't understand the process or what their capabilities are. Also it is a volume game. To your watermelon analogy... 20 boxes of boards are a fraction of a fraction, so it may not warrant a meeting with the farmer.
My assumption is you want to by pass the "middleman" but you are not full assessing the landscape as to what value the middleman brings... armygreywolf brings up a multitude of good points, especially security!
There is no easy way in this business... the glory days are over and now it is a day in and day out grind of hard work, perseverance and commitment.
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Appreciate the comments, All i was asking for is anyone with direct experience with a refiner like Sabin so i can make an educated decision as to what to do with this product, maybe selling to Ewasted or board sort is best for me IDK. As stated above by several people, one of my concerns is that i will get ripped off sending a truckload to a refiner and "hoping for the best".
I started in this industry several years ago working (volunteering) at Ewaste Events, that progressed into me purchasing some of the material collected at events and repairing and re-selling electronics, i made a little extra money but truly i did it because i enjoyed what i was doing. Thru the years I have made a lot of connections and in January decided to start a company with my brother when we secured several large contracts, along with fixed contracts we host both paid and free events monthly. We were prepared for the CRT's, it was our biggest concerns, one thing we were not prepared for was the volume of commodity laden materials. Incoming waste in June was 35,863Lbs (35% CRT's), CRT's, power supplies, optical drives got to WI but all we have shipped so far is one load of CRT's, Desktops are broken down and components sold, laptops are re-purposed if possible, copper aluminum and steel sold locally, most peripherals are shipped 250 miles and recycled as "TIN" for $.03/Lb. Whats left, HDD's & Boards (dual, single, finger, telecom, lowgrade). As of today i have 6 gaylords full of single metal socket boards and other boxes partial filled with other types. i have a lot of room to store this stuff but im just trying to plan for late fall when i will have a full truckload.
I have contacted Sabin, i don't need 5M Lbs, there is a set processing fee of $2,500 and a declining schedule based on volume. Im waiting to get all the particulars, i had to fill out some federal forms (KYC & Anti corruption) before they will discuss specifics which were submitted last week. Again if anyone has experience with direct ship to a refiner i would like to hear the good and bad.
I can think of several good reasons, going direct to a refinery eliminates how many hands the goods pass through, maximize price thus allowing seller to become competitive in the market.
When I shipped my drum of milled catalytic comb to a refiner in New York, they simply forwarded the drum to Metallix in Carolina, if you think the forward on that drum was free your sadly mistaken. Just one more middle man seeking a living off my back.
What I've learned about refinery's and this is not to say all are the same, listen to the guy your speaking with if he constantly sniffles move along - find another refinery to deal with. Too easy to hide the chronic sniffles via email.
My man in New York did not inform me of the fact my drum was forwarded to another refinery for processing, it came about purely by mistake during a conversation we were having when a company I know in Vancouver B.C. that refines lead - the two names so similar confused him.
Metalex Lead Recycling
Metallix Refining - A Precious Metals Refinery
Last edited by alloy2; 07-13-2017 at 05:30 PM.
Ewasted,
I think the only advantage i can see to sending it to a refiner is keeping more money in my pocket. What i'm trying to determine is the risk and effort variance between a refiner and a buyer. As I see it (I've been wrong before) Risk is the same, i can get screwed just as easily by by both sides. Effort, I still sort and load truck with refiner or buyer?
My situation is probably a little different from most as i reside in a part of the country with very few if any buyers (still looking for one). Ewasted if you were able to come over to our shop and do a monthly buy, i might go that direction. I get really curious when someone tells me its to hard to do, that tells me maybe i should look a little closer.
I think i have made up my mind and i appreciate everyone input on this. Im going to select a refiner and ship as soon as i have 20,000 Lbs (or whatever i can cram into a truckload). Since this whole process seems to be a huge mystery, im going to post my step by step process here. I hope to have a full truckload by October, i will weigh and sort everything going into the truck and report the weights by product (with pictures) here before it ships, you guys can tell me what your buyers are paying for these products that way we can compare the value a buyer would pay to what i ultimately get. Im going to assume i will get some kind of report back from the refiner telling what i sent and the value recovered, i will scan that info and post it here as well. I like being the Guinea Pig and im really curious myself, might get screwed but thats ok we will find out.
Selling to refiners isn't always what you think. Some say they are refiners and really are not. I had a refiner break promises to me and also give me poor results. When asked about it, they blamed everything on me.
Bottom line is that you have to know what you are doing. If you don't, you will get burned quick.
1. How does one know they got screwed over by a refiner? Unless you're making boards and putting a lb of gold in, how do you know? 2. You'll risk 20k lbs to a refiner.... but you won't send 100 lbs to one of our guys. 3. DO NOT POST YOUR RESULTS HERE. All it does is piss people off. You aren't going to find out here if you got screwed, because we aren't there sorting. We don't know what's in the gaylords. 4. You said yourself you can't grade. Enough said. 5. You keep name dropping Boardsort. Enough said. 6. You claim 20k in a truck. You are "buying" the whole truck. You WILL get 40k in there. Otherwise, waste of time. 7. You haven't read enough. I can name, off hand, 5 people who have done the same thing you have. They aren't here anymore. 8. You sent stuff to Wisconsin. We all know who you sent to. You sent stuff that had no value, to them. I had to type this... I don't respond anymore to most, but I for one want Ewasted to get bigger. There's more money there if he gets 2 steps bigger. And I don't think enough people stick up for him.
Well that escalated quickly...
I'm not doubting anyone's word, heck, I really don't care enough about what anyone else thinks of me & my operation to bother overstating my weights.
It does seem curious, though, to me, that someone could position themselves to gather ten tons of high grade ewaste material if said person doesn't know the basics of board sorting. I'm not trying to say I could tell a $1.25/pound board from a $1.50/pound board, but I think I have a journeyman's feel for the basics. Right now I have what I consider to be a bit of a hoard out in my garage... and it still probably wouldn't trip one ton on a scale. Close, maybe. That's from not taking any green P4 mobos in since and including a (for me) big haul in 2015. I've taken in other mobos, mind you, but green P4s I've been socking away as a leveraged gold investment. I don't need to tell yall it hasn't been my best investment move.
I actively seek out computers and in 2 years I haven't got a tenth of what some unknowledgeable someone has just managed to 'stumble upon' in short order?
How does that even happen?
Not saying you're lying, by any means... I once saw a guy with at least 300# of ram shoveling it into a gaylord at the ferrous yard. I wanted to cry & I wanted to scream... So I know that people can get things WAY outside their experience levels. I just wish I could get ahold of a whale that was outside of MY experience level!!!! I'm not even sure what that would look like.
Last edited by auminer; 07-13-2017 at 09:13 PM.
Out of clutter, find simplicity. --Albert Einstein
Would love to see the results posted.......Last few that did post actually got less than ewasted prices........As far as sticking up for Ewasted probably no need to.......I use him probably as frequently as anyone sending multiple pallets per month (I KNOW I"M SMALL TIME)......I couldn't imagine accumulating 20,000lbs......I have trouble just making room for the little bit I do each month.......I do suggest to anyone on this forum to use Ewasted services as well as a handful of other buyers that are reputable.....Interesting thread that we have visited before so no new info here but I do find it funny how someone stumbles into this biz and within a few months is ready to send 10 Tons to a refiner.......Oh well to each his own and probably should be sent to the Gold Refining Forum for further discussion
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