Scrap dealers

Only 30% of scrap is currently recycled, so a lot of material is still urgently in need of recovery. Whether winning more obvious material or securing the otherwise unnoticed sources, the secret of making a profit with scrap metal is to establish a regular supply. You can go to a company that collects all the old items you want to sell and then they find you a prospective buyer. The company gets a commission for each item you sell. Establishing networks with construction and renovation tradespeople can turn your trash into cash.

20 points | 50 comments


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Former jewelry store owner here. This is a very good article that really hits all the bases

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@jyoung1e DO NOT sell your items at one time gold buying events, such as a company that shows up for one day at a local hotel and offers cash for everything you bring.

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@hwoods1f ?Appraisals are only for insurance purposes and only reflect the skill of the appraiser, they will vary, sometimes by quite a lot. Lastly, please take your item to multiple locations. I cannot say this one enough times!

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@hwoods1f I agree with the one-time gold buying events. Chances are they will take advantage of you and the situation. These days there?s more companies offering 100% money-back guarantees.

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@jyoung1e What?s wrong with more media representives of a uninfranchised community. His fourfather?s would be proud he is so succesful.

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I?m not cool with this...

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Great article, but you don?t have to drive around town?

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I turn my junk into money in the shadier parts of town. There are tricks involved.

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@awelch1l Words to live by, words to live by.

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@jwilliamson1m I read an interview a while back where the industry professional said that particular junk has a length requirement in order to be turned into money.

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Junk is something that no longer works and has little to no value for anyone; which makes it undesirable for most of the population.

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@lgordon1o ?Exception being someone looking for a spare part.

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@lgordon1o Some electronics are worth some money as scrap metal. Broken costume jewelry can be used by crafters. So it's not all junk!!

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one person's garbage/junk is often another's treasure.

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@acunningham1r Your definition is not the one and only definition of junk.?

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@acunningham1r most people consider stuff that is in the way and that they don't want, to be junk, stuff that isn't of value to them.

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If you sell it online, it will cost more to ship it than you'll make off it.?

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@jfernandez1u Yeah, I've been burned a few times for trying to sell off my 'junk' on various sites.

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@jfernandez1u Most of the stuff I have in my closet sells for quite a bit new though. I have several processors that are highly sought after for low power servers

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@ have a whole closet full of random computer crap @ can't get rid of, because @ priced it and @ can't make enough money off it to make it worth it.

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@'m a little late to the party

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I clicked on this article because I thought it was going to teach me how to buy the dragon's snair. I was very disappointed.

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@ereynolds1z Niiiiice. Hahaha.

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First off, when selling in person only accept cash. I had a friend who accepted a personal cheque, it bounced and never saw their money.

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@jbishop21 Is there anything wrong with taking square payments?

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@jbishop21 If someone tries to low ball you in person, be willing to start to walk away. I've dealt with it a few times and, most of the time, they go all Wait wait and pay what they had originally agreed to.

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@gmason23 I like cash, especially when selling a big ticket item

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When taking a picture of your junk, make sure to use a high quality picture. You will get more money that way. You should also make sure your junk is in good condition before you think about advertising it.

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@afranklin25 There is a good chance you could get screwed when selling your junk online.

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@adean26 Know what it's worth by comparing it online. It's also a good idea to wipe it first for safety reasons

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@afranklin25 That really made me laugh.

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@afranklin25 ?I am going to go start taking pictures of my junk and posting them online right now

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@jolson27 Quality pictures for sure and I second the comment about not using stock images (unless you have no other option).?

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