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Some Gold Tidbits and Where to Find Them,

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    Scrappah's Avatar
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    Quote Originally Posted by Mechanic688 View Post
    No idea yet, I just keep adding to the OMG jar.
    In regard to the pins ... it was sort of a leading question. I've been harvesting the pins for awhile and have a couple pounds put up. It's quite labor intensive and it takes a lot of pins to add up to a pound.

    My best understanding so far is that they are generally gold plated nickel. The average plating is put applied at five parts per million by weight. The older,richer, plating with that deeper color was applied at ten parts per million.

    Maybe there's an error in my reasoning somewhere but when i ran the numbers yesterday it came up like this:



    For every pound of pins you come up with five millionths of a pound of gold .... about .78 cents.

    There would actually be more value recovered in nickel.

    When you balance the effort it takes to make a pound against the value recovered you have to decide if the juice is worth the squeeze.

    If it isn't worth doing and you decided not to do it .... that would free up your time to do something else that's more profitable.

    Just a thought ... somebody that's refining pins would probably know better about the yields.

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