Pentium Pro's for $30 each?

**NWOdrudge** · 03-10-2013, 10:39 PM

Originally Posted by NobleMetalWorks

I have been guilty of selling Pentium Pros on ebay in the past, before I understood the real yield of gold. Now that I know better, I don't sell them on ebay...

you should use that same thought process when your exchanging that 100 dollar bill for a few groceries. after all it isn't worth any more than the paper it is printed on.

don't get me wrong, Scott. i respect all of your posts and (i think) i understand how frustrating it is for you as a refiner to see scrap go for more than it's worth (in your experience). but we don't know if the bidders are buying to refine for profit. could be any number of reasons people are willing to pay those prices.
perhaps they realize that paper money isn't worth anything and want to sit on the scrap gold expecting gold to go up in the future. who knows? but don't make people feel like they are doing something illegal for selling scrap for more than you are willing to pay!

**NobleMetalWorks** · 03-10-2013, 10:51 PM

Originally Posted by NWOdrudge

but don't make people feel like they are doing something illegal for selling scrap for more than you are willing to pay!

I wasn't trying to make anyone feel they were doing anything illegal by selling Pentium Pros for more than their value, matter of fact I went out of my way to say the exact opposite:

Originally Posted by NobleMetalWorks

When selling on ebay, it's rare that items that contain gold sell for their actual value, but rather their perceived value. A scrapper who doesn't mind selling their items for more than their actual value could do very well for themselves if they choose carefully what items they sell on ebay. I don't agree with this personally, but I don't judge people who do this. In the end it's the buyers responsibility to make sure they are not paying more than the actual value for an item.

What I do feel is wrong is what I stated above:

Originally Posted by NobleMetalWorks

But if someone is selling Pentium Pros and claiming there is 1 gram of gold per each, I believe that is wrong and those particular people should be banned from selling on ebay.

So I want to be crystal clear about what I said because it seems that I was taken the wrong way. I don't judge people for making as much as they can off an auction they post on ebay, unless they post information that is wrong, and they do so knowing that it is wrong information. The reason I say this is because I have seen posts where the people posting posted incorrect information, and did so with full knowledge that the information was wrong. I'm not going to say who, but I can tell you there is one who posts from time to time on this very forum.

When I purchase equipment and even supplies, I try to trade precious metals for goods and services as often as possible. I prefer doing business this way to be honest. However, when you go to a grocery store, the only form of money they will accept is paper money, or credit/debit. In that cause what we are talking about are two totally different things that have no relation to each other.

Thanks for giving me the chance to clear up my post, I certainly do not want what I wrote to be taken in the way you took it, because that's not what I think and feel. I hope this clears my post up.

Scott