Pentium Pro's for $30 each?

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!