I was at an auction with one of our typical auction company. I struck up a conversation with one of the guys who sometimes helps as a ringman. He asked me if I was still scrapping, yada yada yada. We shot the s**t for a while then we mentioned something about scrap at his shop. Told me he worked for a town in the water department. He said they had a scrap pile that was getting fairly large. He said they had some aluminum signs, some stainless and then he sunk in, "I estimate about 2000 pounds of scrap brass water meters". I nearly crapped my pants right there. He got my number and said that we could connect and I could get them a price to purchase the pile.
My question comes in how do you even quote this. If there is 2000 pounds of brass that is quite a chunk of change right there. I'm really not sure if they are going to be expecting top dollar or just some drinking money. I'm wondering if anyone else has dealt with a deal like this?
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