ATM machines

I was getting a tire patched up today at a gas station and noticed an ATM machine sitting next to their dumpster. I asked the mechanic if that was actual trash or if it was just a make-shift storage space for it. He said he wasn't sure but the guy to talk to would be in a little while later. He gave me the name and said to call. I just called back and the man asked if I wanted them. I said I did. He asked if it was for scrap. I said it was for scrap and also for gold and silver recovery. He asked if I had s price in mind but I had absolutely no idea of its value. He told me he would have to talk to the owner to see what he wanted done with them and said there were a couple more. He said to call back in a couple days and he should have an answer for me.

So I have to get some quick research done on what a decent offer would be per machine. I tried searching the forums but "ATM" literally brought up no results. Anyone have some experience with this? This seems like a cool opportunity.

Ok never mention gold and silver when trying to get scrap metal! After all that's what this is scrap metal. Now as this is a repair shop you could also get extra scrap metal from them depending on how this deal goes down... You need to figure how much the ATM weighs and go from there. Good Luck and keep us posted. I am sure there is good boards in there as well!

They are mostly steel. Ive seen a video of one before on youtube.

Did an older one a couple of months back. One of the larger, wall-mounted ones and the plate steel alone was over 1600 lbs! Presumably this is one of the upright kinds? If so it should have several small motors for intake and delivery of bills, a small board with lots of gold behind the pinpad, 5lbs or so insulated computer wire, a couple of mid-high (one is probably telecom) grade boards. Several very small mid-grade or green/green low boards around the display and speaker and a power board. There will also be a lock of some kind on a door to the cash hold. To get into it without the combination or key is a huge chore and not worth the effort (some more insulated wire behind it, nothing to write home about). That's all I recall from the few I've done. Hope this helps!

Originally Posted by JJinLV

Did an older one a couple of months back. One of the larger, wall-mounted ones and the plate steel alone was over 1600 lbs! Presumably this is one of the upright kinds? If so it should have several small motors for intake and delivery of bills, a small board with lots of gold behind the pinpad, 5lbs or so insulated computer wire, a couple of mid-high (one is probably telecom) grade boards. Several very small mid-grade or green/green low boards around the display and speaker and a power board. There will also be a lock of some kind on a door to the cash hold. To get into it without the combination or key is a huge chore and not worth the effort (some more insulated wire behind it, nothing to write home about). That's all I recall from the few I've done. Hope this helps!

Unless there is still some cash in there! No way would I break one down without checking! LOL

With this kind of info, what is a reasonable offer for a machine? 20$ per? 100$? I don't have experience with something line this

Offer less than scrap metal price for it as is. As you have got to load it up, unload it at your place, break it down some. And then re load it up and take it to the scrap yard to unload once again! I would start out telling the owner that this time you could remove scrap metal items for free, and then go from there if he told you to f off!

Lets say this thing weighs 2500 lbs. So 2500 X $.05 for shred would be $125.00! I would offer nothing and then when he said it is worth way more offer him $30 - $60 at the most in hopes to get his other metal!

The company I work for has a contract with a major bank. When there is an ATM swap out or repair all I have to do is either run a new data cable to it or repair the old cable.

The ones we deal with are in the drive through lanes and they weigh between 2000 and 2500 pounds. There's not as many boards inside as you might think. At scrap value, I'll bet there's no more than 20 dollars worth of boards inside.

Depends on how much your local yard pays for iron, how much you clean it, and how much it weighs. If it weighs 500lbs and you clean it all you'll probably get about 5lbs of boards, 5lbs of insulated computer wire, a pound or so of hard drive if its surveillance has both local and remote backup, a pound or two of power cable, max 5lbs of motors and the rest as tin or hms prep depending on how you clean it. The price will depend on what you get locally for these. Base your offer off that. Also keep in mind you may need help to move it. Free standing atms weigh between 500-1100 lbs. That could require additionally costs for labor on your end for help.

Originally Posted by hobo finds

Unless there is still some cash in there! No way would I break one down without checking! LOL

I have dreams too! Maybe somehow a broken ATM would have some. Decommissioned atms no way. Burning through blades to cut 1-2" plate is a big gamble

I scrapped a 80's version once. The sort with the 'window' that you had too shift up or down to suit your height, florescent screen.
Some nifty motors and some big transformers, some heavy metal, some of the boards had been left in it.
Not much else.

I wouldn't pay a dime for it, personally. Our ATM guy had to talk me into taking those beasts off his hands, and was thrilled when I said yes.
Not much in them and the scrapyards considered them an appliance, not heavy iron.
At best, they were a conversation piece in my shred pile due to the crow bar marks on the doors.

as others have mentioned- there was NO need to talk of Gold & Silver
most ppl start thinking u are going to make BIG money from scrapping the item & naturally, they believe its only fair for them to charge you & not let u have it for free.

its one thing to be honest & fair- but sometimes u can end up shooting yourself in the foot.

if they get back to you & ask u to pay, tell them u wont make much off it so its not feasible for u to pay
and if they dont want to give it to u for free, forget & let it be a lesson for the future.

Always say 'Ferrous metal, and NonFerrous metals'.

Not "Steel". It sounds like "Steal"

And when using "NonFerrous" as a word, it sounds like you are professional and know what you are talking about, and avoids the use of such $$$ image inducing metals such as "Gold" "Silver" "Copper" and "Lead"

Some of them are encased in steel fiber reinforced concrete. I met a good friend of mine when he responded to an ad I had on CL for concrete tear out. He said he had some atm, he needed to demo. That was all I needed t hear. He got them from a security firm that deals with banks. took my skidsteer with a hydraulic breaker out to his place and busted the concrete off one. Made quick work of it but I cant see how he makes anything doing it. 1/2 inch plate and brass hinges... Guts were gone. I'd charge to remove them...

Originally Posted by Nubs1201

I was getting a tire patched up today at a gas station and noticed an ATM machine sitting next to their dumpster. I asked the mechanic if that was actual trash or if it was just a make-shift storage space for it. He said he wasn't sure but the guy to talk to would be in a little while later. He gave me the name and said to call. I just called back and the man asked if I wanted them. I said I did. He asked if it was for scrap. I said it was for scrap and also for gold and silver recovery. He asked if I had s price in mind but I had absolutely no idea of its value check out ATMs Nearby. He told me he would have to talk to the owner to see what he wanted done with them and said there were a couple more. He said to call back in a couple days and he should have an answer for me.

So I have to get some quick research done on what a decent offer would be per machine. I tried searching the forums but "ATM" literally brought up no results. Anyone have some experience with this? This seems like a cool opportunity.

it's difficult to provide an exact price without knowing more details such as the make, model, and condition of the machines. However, typically, ATM machines can contain various metals including steel, aluminum, and sometimes gold or silver in small quantities due to electronic components. A rough estimate for scrap value per machine could range anywhere from $50 to $500, depending on factors like size, weight, and metal content. Keep in mind that the value for gold and silver recovery would likely be minimal compared to the overall scrap value of the machines. It's advisable to do further research by contacting local scrap metal yards, electronics recyclers, or companies that specialize in buying used ATM machines to get a more accurate estimate based on the specific details of the machines you're considering. Additionally, you may want to factor in any additional costs associated with transportation or dismantling of the machines when determining your offer. Overall, I recommend reaching out to experts in the field or conducting more targeted research to get a better idea of what a fair offer would be.

Originally Posted by JJinLV

Did an older one a couple of months back. One of the larger, wall-mounted ones and the plate steel alone was over 1600 lbs! Presumably this is one of the upright kinds? If so it should have several small motors for intake and delivery of bills, a small board with lots of gold behind the pinpad, 5lbs or so insulated computer wire, a couple of mid-high (one is probably telecom) grade boards. Several very small mid-grade or green/green low boards around the display and speaker and a power board. There will also be a lock of some kind on a door to the cash hold. To get into it without the combination or key is a huge chore and not worth the effort (some more insulated wire behind it, nothing to write home about). That's all I recall from the few I've done. Hope this helps!

Same here, nothing to write home about, mine had a combination style lock with the numbers to the lock. Once the guts were removed sold it to the store for cigarette inventory.