Whenever people try to get info about where I recycle and how much I get paid for it, I have a strategy to go about it. I tell them "it depends on many factors, it depends where the market is at, who is paying the most, and how much quantity I have." I tell them "it is all about quantity and bulk". All this stuff is true but, it seems to make people feel that they dont have the capacity ( a big truck, contacts, knowledge, etc) to recycle it on their own. Most people dont really bother to ask past that but, if they insist on knowing how much I get paid I might throw out a low range price that I could get at a ripoff location. For example " Pete's recycling place pays $00.20/lb for high grade aluminum". Pete does pay .20/lb but, I never go there and I usually get .50/lb. for high grade aluminum. So you are telling the truth but, you are giving them the low end pricing.
Many people that are trying to get rid of stuff lately know that what they have is worth something but, they have no idea how much. They get a lot of attention from phone calls, etc about the items that they are trying to get rid so, they try to make some money off of it, without knowing the proper value.
I am learning every day how important it is to know what the value of things are. This should be step 1 for beginners (I still consider myself a beginner). You have to know your prices! For example, I screwed up the other day when I sold some gold at a coin shop. I had found a 14k gold bracelet (7.3 grams) in a treadmill and then later sold it at a coin store for $155 (7.3 grams @ about $21/gram). I felt like I got a good deal I talked them up from $100 to $155 but, later that week I found a place that would of bought it for $32/gram so, about $234 for the bracelet. So, I could of got $80 more for the bracelet if I would of known my prices for gold jewelry. I know my gold coin prices but, this is the first time that I have dealt with gold jewelry. I guess this is a lesson for me to be more patient and always ask at least 3-4 buyers or until I know what the fair price is.
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