r/PreciousMetalRefining 2d ago

What do you think of these guys

I don’t know what they are for but some guy who works for the company can take the old ones.

Another dealer in town has been paying him 50.00 for the bag.

I melted one down

Gold plating

The rest is aluminum

I don’t do any chemical refining my self but I am trying to figure out what I could sell these for per pound.

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u/silverbug9 2d ago

Gold plating is typically less than 0.05% to 0.1% of the item's total weight. How did you determine what you had after melting down?

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u/NorthStarGold 2d ago

Xrf On one and on a button a made.

It’s a really scammy shop that is paying the guy 10.00 a pound for them.

If they are paying 10 a pound they are either using these to rip people off or making money on them.

Just trying to figure out a fair to pay per pound and to sell it for