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Wire, Wire and more wire

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  1. #1
    mthomasdev started this thread.
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    Wire, Wire and more wire

    Got a call today from an electrician looking to sell his wire. Made some calls and got dealer pricing from a large yard. Time to sharpen my pencil.



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  2. #2
    hobo finds's Avatar
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    If he has it stored like that don't worry about sharpening the guy know it is worth something but too lazy to even keep it in boxes, crates or totes. I would start at 1/2 scrap yard price and go up when he says it is worth "way more" than that price. After all you have to pick it up sort or prepare it for better price if you need to, and take it to the yard! Cool find and I think you can make a few bucks on this!

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  4. #3
    Sirscrapalot's Avatar
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    Well now...


    Thats a lot of wire.


    Nice score. I forget, but I hope your not stripping it by hand.


    Sirscrapalot - Wire, wire, electric pole on fire! - Taunts from children of electricians? Not Children of the corn...perhaps we'll just credit anonymous.

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  8. #5
    mthomasdev started this thread.
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    Quote Originally Posted by Sirscrapalot View Post
    Well now...


    Thats a lot of wire.


    Nice score. I forget, but I hope your not stripping it by hand.


    Sirscrapalot - Wire, wire, electric pole on fire! - Taunts from children of electricians? Not Children of the corn...perhaps we'll just credit anonymous.
    The guy already has an idea on price. I gave him ball park prices on Romex, THHN and larger THHN. He made the comment that copper must be down. Prices I gave him would match or beat all yards around here.

    Romex and small THHN will go right to my buyer. I may save the larger THHN and strip it. May also strip the larger aluminum.

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    Congratulations. Unless you have been involved in wire deals like this in the past it will be hard to estimate its value, the amount of time involved in labor, and what your time is worth. If you have a skid steer with rake and large enough trailer this will be a quick job based on the pictures. The owner has already invested time and effort to centrally locate the wire and should be rewarded.

    My projects are never in my comfort zone and always different, therefore I would not try to estimate such a project. I would work a partnership based on percentages. Negotiating the rights for picking up future wire on the job based on the land/lease agreement would be worth the effort. In good faith I would provide the weight sheets and a check after each load.

    On the forum we used to guess the weight for projects like this. I am going to try to reinstate that practice, if you will entertain us with the results. My guess - 3,750 pds. of #2 and 4,100 pds. of # 1. This guess proves why I do jobs on a percentage basis and please do not use these figures to make an offer.

    This was written as the previous responses were posted.
    Last edited by Patriot76; 08-21-2017 at 07:46 PM.
    Give back more to this world than we take.

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  12. #7
    mthomasdev started this thread.
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    Quote Originally Posted by Patriot76 View Post
    Congratulations. Unless you have been involved in wire deals like this in the past it will be hard to estimate its value, the amount of time involved in labor, and what your time is worth. If you have a skid steer with rake and large enough trailer this will be a quick job based on the pictures. The owner has already invested time and effort to centrally locate the wire and should be rewarded.

    My projects are never in my comfort zone and always different, therefore I would not try to estimate such a project. I would work a partnership based on percentages. Negotiating the rights for picking up future wire on the job based on the land/lease agreement would be worth the effort. In good faith I would provide the weight sheets and a check after each load.

    On the forum we used to guess the weight for projects like this. I am going to try to reinstate that practice, if you will entertain us with the results. My guess - 3,750 pds. of #2 and 4,100 pds. of # 1. This guess proves why I do jobs on a percentage basis and please do not use these figures to make an offer.

    This was written as the previous responses were posted.
    I'm giving him prices per pound. I need to load by hand. If I get it I'll let you know weights when I'm done.

  13. #8
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    Quote Originally Posted by mthomasdev View Post
    I'm giving him prices per pound. I need to load by hand. If I get it I'll let you know weights when I'm done.
    Don't take offense you run yours your way and I run mine my way.........Unsorted mess like that one price and it's not top dollar

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  15. #9
    mthomasdev started this thread.
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    Quote Originally Posted by mikeinreco View Post
    Don't take offense you run yours your way and I run mine my way.........Unsorted mess like that one price and it's not top dollar
    Something to think about when I go look at it.

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    Quote Originally Posted by mthomasdev View Post
    Something to think about when I go look at it.
    i have walked away over a few cents per lb and sometimes even get called back when they can't find a better deal

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    Something like that, send an aggregate sample of the lot. What that means is say... 12" strands of each kind of wire present then an educated guess (or better pictures) of wire type by percent. After that it's just a matter of getting the wire, once you know it's real value that is.
    WI ITAD LLC, IT Liquidation Services, we remarket, buy and sell scrap electronics No customer too large or small!

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    Quote Originally Posted by Patriot76 View Post
    Congratulations. Unless you have been involved in wire deals like this in the past it will be hard to estimate its value, the amount of time involved in labor, and what your time is worth. If you have a skid steer with rake and large enough trailer this will be a quick job based on the pictures. The owner has already invested time and effort to centrally locate the wire and should be rewarded.

    My projects are never in my comfort zone and always different, therefore I would not try to estimate such a project. I would work a partnership based on percentages. Negotiating the rights for picking up future wire on the job based on the land/lease agreement would be worth the effort. In good faith I would provide the weight sheets and a check after each load.

    On the forum we used to guess the weight for projects like this. I am going to try to reinstate that practice, if you will entertain us with the results. My guess - 3,750 pds. of #2 and 4,100 pds. of # 1. This guess proves why I do jobs on a percentage basis and please do not use these figures to make an offer.

    This was written as the previous responses were posted.
    2600 lbs total copper

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    Quote Originally Posted by mikeinreco View Post
    Don't take offense you run yours your way and I run mine my way.........Unsorted mess like that one price and it's not top dollar
    "Profit begins when you buy not when you sell"

    Always be ready to walk away. Be certain that you will make money or you may be disappointed. You are providing a service. 73, Mike
    "Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}

    Now go beat the copper out of something, Miked

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  23. #14
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    Will you be able to take all wire in one load? It is hard to figure volume in the pics.

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    wow thats alot of wire wish i could find that stuff in such a mass amount to. not sure if id pay for it. i thought if you pay for you metal you lose money just my thoughts. that would take a long time to strip all that lol.


    i supose if you had nothing better to do you could strip it all and at least with wire you can strip it inside unlike a/c's where they are messy.

  25. #16
    mthomasdev started this thread.
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    Quote Originally Posted by hobo finds View Post
    Will you be able to take all wire in one load? It is hard to figure volume in the pics.
    Haven't been there yet, but I'm thinking at least 2, maybe 3 loads with my 6x10 trailer. I can put 3 40x40 gaylords on, plus still have room on the sides.

  26. #17
    mthomasdev started this thread.
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    Quote Originally Posted by mike1 View Post
    wow thats alot of wire wish i could find that stuff in such a mass amount to. not sure if id pay for it. i thought if you pay for you metal you lose money just my thoughts. that would take a long time to strip all that lol.


    i supose if you had nothing better to do you could strip it all and at least with wire you can strip it inside unlike a/c's where they are messy.
    The chances of getting something like this without paying are zero. As far as making money on it, you need to be able to secure better pricing. When you start moving some volume, you can talk to yard managers and regional scrap buyers and secure dealer pricing.
    I won't be stripping much of it. It's better to turn it and move on, unless you have a stripper and alot of time.

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    Is the bigger pile of black stuff in pic 2 and 3 aluminum? If so I am guessing 1000 lbs of aluminum wire.
    Money is not the root of all evil, the love of money is.

  29. #19
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    Quote Originally Posted by mthomasdev View Post
    The chances of getting something like this without paying are zero. As far as making money on it, you need to be able to secure better pricing. When you start moving some volume, you can talk to yard managers and regional scrap buyers and secure dealer pricing.
    I won't be stripping much of it. It's better to turn it and move on, unless you have a stripper and alot of time.
    When I purchased that Quonset that burnt to the ground and offered yard clean up, my pile of copper in that deal was all heavy number 1 with three very large transformers. I sold the wire with the insulation as is and striped out the transformers.

    The insulation comprises of 30% of your gross weight.

    Back in the day when you could burn wire me and a buddy did my gravel truck full plus a loaded 3 ton flat deck, at the end of the burn whetted the huge pile down with a fire hose to stop the wire from further oxidation.

    All the wire from two loaded trucks fit into the gravel truck, fortunately I had a winch on the truck with a hook so that we could load the wire.

    Personally I would not waste my time stripping that wire, just sell it as is, volume is going to net you a good price plus not not stuck getting rid of the waste plastic.

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  31. #20
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    let us know how it goes.

    im sure im not the only one thats VERY interested to see how much wire.

    and how much u get paid for it



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