Results 1 to 15 of 15

Bought 4 oz of Gold Fingers

| Online Commerce

Threaded View

  1. #7
    NobleMetalWorks's Avatar
    SMF Badges of Honor

    Member since
    Sep 2012
    Location
    East Bay California
    Posts
    687
    Thanks
    301
    Thanked 1,942 Times in 527 Posts
    Quote Originally Posted by Mick View Post
    There are a couple of threads on the forum taking guesses. In addition, here is an article by a well-known credible source: Recyclers Recover Gold from E-scrap Gold Fingers
    The link you posted is close, but still misleading. One example would be where it's stated:

    There are approximately 28.35 grams to an ounce
    Strictly speaking, this is true for the ounce measurement they are referring to, which is the Avoirdupois Ounce. However, this is not the same ounce measurement that refiners or people who buy/sell precious metals use. We use ozt or Troy Ounce, which is just a little more than 31.1 grams per troy ounce. This becomes very important when purchasing material to process, and figuring any yield per ounce.

    So which ounce measurement are we talking about, there are 16 "avoirdupois" ounces to a lb, and only 14.5 "troy" ounces per lb. 16 avoirdupois ounces = 14.5 troy ounces.

    Whenever I post on the forum, I have to change the unit of measurement to lbs from kilos. When I express values with other refiners or people in the precious metal industry, I do so in grams, ozt or Troy Ounces, and kilograms so as not to confuse what is being discussed. It becomes ever more important the more material you accumulate.

    So obviously, if they were troy ounces, you did better than if they were avoirdupois ounces.

    Quote Originally Posted by AuburnEwaste View Post
    I hope they are actually Gold, not just "anodized" fingers
    Because the gold fingers are actually where electricity is transferred, I seriously doubt they would be anodized, I have never seen gold fingers that were anodized. I have seen silver alloy used, tin, etc but never anodized.

    Quote Originally Posted by ryanw View Post
    I could be wrong, but I remember fingers being about 2g per pound. If so, that means you have 0.5g of gold there, which is worth about $21.50.



    What figures were you using?
    Gold plated fingers could be 1-4 grams dependent on several factors. Whenever I purchase trimmed gold fingers, I figure 1g per lb, and this is the reason why.

    Some gold fingers are only plated on one side, some gold fingers have less space between the gold traces, some gold fingers were plated before 2002 which was before gold took a steep jump in price, some gold fingers were made after industry responded to more expensive gold prices, and started plating more efficiently. Some applications such as military, telecom or communication equipment, hospital equipment etc use much thicker gold plating. I posted on a thread explaining these things here:

    http://www.scrapmetalforum.com/elect...nger-card.html

    I can usually, if the person I am buying the fingerboards from has sorted them properly, gauge about what the value might be, but even processing the material, and understanding it, I never hit the nail on the head, I get close but never perfect. The only way you will ever know a true yield is by either assaying prior to processing, or processing and accumulating values.

    Also, if you are processing larger amounts, the values become easier to accumulate. If you were, for example, to process a few ounces, the amount of gold recovered is actually difficult to see, just like dust is difficult to see on your shirt. But if you have a lot of dust on your shirt it's easier to see, same with refining gold. When it's precipitated out of solution it's in very small particles. If the refiner doesn't know what they are doing, the amount might be very difficult for them to even see. So more is always better, always always.

    Buy Ryan, you are right, 2 grams if the fingers are plated on both sides, close cut, and the traces close together, 2 grams would be very reasonable to expect. An average mixed lot of gold fingers will generally yield 1.5 grams. But for calculating for the purpose of buying, you shouldn't figure more than 1g per lb so you never loose money.

    The key things you want to look for when purchasing cut fingers are:

    Are the gold traces on both sides of the fingerboard?

    How close are the gold traces? Closer together amounts to more gold per lb, more space between equates to less!

    What application did the boards originate from? Some applications require thicker gold plating.

    What color are the PC boards, white/gold/brown/black are older boards probably prior to 2002 which means thicker gold plating, green is newer and red is either old Russian or new Chinese.

    How close cut are the fingers, closer cutting means less fluff and a higher percentage of gold/PC board.

    I am sure I am missing something else. I'll follow the thread if it gets more action and try to answer any questions. Or as always you can PM me directly if you need clarification.

    Scott
    Last edited by NobleMetalWorks; 08-12-2013 at 10:30 PM.
    At the heart of science is an essential balance between two seemingly contradictory attitudes--an openness to new ideas, no matter how bizarre or counterintuitive they may be, and the most ruthless skeptical scrutiny of all ideas, old and new. This is how deep truths are winnowed from deep nonsense. -- Carl Sagan

  2. The Following 6 Users say Thank You for This Post by NobleMetalWorks:


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook