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Catalytic converters
Just a few questions about cat converters-
-How much platinum can I expect to get out of one?
-Is it even worth removing the platinum out of them or could I sell one on eBay for more?
-Will places that buy gold and platinum buy the stuff out of catalytic converters?
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I looked in various sources to answer this and came up with:
Three to seven grams or 1/10th to 1/4th of an ounce. Can't help you with the rest.
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So, 1/10 ounce platinum at about $1,500 per ounce is about $150. 1/4 ounce of platinum is about $375. That's pretty good.
Another question- is the outer part made of iron or something else?
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No it is not worth you breaking them part and getting the stuff out.Unless you had over 500 or so converters.Leave them whole and sale them like that.It is the best way for you to get paid now.I buy them let me know what you have and we can work something out.I pay high and great prices on these.
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We are an active Automotive Core Buyer specializing in Catalytic Converters.
Check us out at http:www.michaeljauto.com
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I will buy all you can get just let me know i am real fair and pay good prices.
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There is no one that can tell you specifically what metals and amounts are in converters. They all vary based on what they were designed to do. Even the most technologically advanced processor has to use the law of averages in the end. Then there's the metals split, the share of the metals the processor will take from your lot.
The only profitable way to work the "converter game" is to buy them cheap and maximize your returns with secondary refiners. This means you have to invest a considerable amount of money and time to learn what works and what doesn't. Unfortunately, most people providing information are also looking to profit. This will ultimately make collecting tedious to say the least.
If your not prepared to go down that road yet, please sell to the highest bidder. That's the safest way. This info is free. I don't want your cats! Good luck my friend!
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You are correct in regards to even the most technologically advanced processor has to use the law of average, but you're wrong to assume people don't know which catalysts contain platinum and which contain palladium.
In fact you're very mistaken in this subject as we have a catalogue that details exactly which catalysts are platinum and which are palladium. Over 90% of the time you don't even need to test to know, as Diesel motors run platinum and Petrol palladium most of the time.
The law of average thing is correct because unless you are shipping tonnage of ceramics out to the furnace, they have to do a simple mill / xrf of each batch, before bulking it up with other batches before it finally hits the furnace.
Edit: You don't have to spend a lot of time with a hit and miss campaign as stated above either. We are more than happy to offer our catalogue to everyone. This will give you a reasonably accurate protrayal of returns before refining. IF you want to sell for catalogue price that's fine but if you want toll refining your returns will be even higher than that displayed on our catalogue.
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Catalytic converters contain Platinum, Rhodium and Palladium. However, there is no gold in catalytic converters.
Content will vary significantly depending on the vehicle model, but on average the ceramic weight is approximately just less than 1 kg, and the precious metal content is between 0,2% and 0,5%. For example the amount of platinum in a catalytic converter is around 5 grams, for a standard one. The amount of metals in the catalytic converter varies depending on the reference, that is why each of the converter listed in our catalog has a different price.