The Three Most Lucrative Metals for Metal Disposal

Hello Neighbors!

Selling scrap metal has emerged as a sure-fire way to earn some spare cash. However, just as with other markets, some metals are worth more than others.

When you start surveying your possessions for potential scrap metal pieces, look for these three metals. They’ll fetch you the best price at any Phoenix metal disposal facility.

1. Gold

It’s no surprise that gold is among the most lucrative metals out there. Since the 19th century, gold has fetched high prices due to its durability, malleability, and desirability. As of 2010, gold was averaged at $1,249 an ounce.

Of course, the exact price you’ll fetch for your gold will depend on its karat count. Because gold is soft, it needs to be mixed with other metals to be made durable. The higher the karat count, the greater the gold quantity. All of that translates to a bigger payoff for you.

2. Platinum

Platinum metal is known for its lustrous quality and impressive resistance. This silvery metal is highly valued around scrap yards, fetching near $1,187 per kilogram in 2009.

Platinum is most commonly found in Canada, Russia, and South Africa. Platinum sources from these countries are considered more pure, and fetch a higher price. It is used in a variety of fields, from dentistry to aeronautics.

3. Rhodium

The most valuable metal you can scrap at a scrap yard is rhodium. You may know this metal as the reflective substance used in mirrors, search lights, and jewelry finishing. It was valued at $1,442 per troy ounce in 2009.

Most rhodium comes from South Africa and Russia, and metals from these sources are more valuable because their quantity is greater. It is extremely rare, so you may want to call ahead and make sure your local scrap yard accepts rhodium.

Scrapping Metal

 Be sure you’re prepared to get the most out of your Phoenix metal disposal experience. Bring a vehicle that’s easy to load and unload, and be prepared to sign for your metals. If any of them were acquired illegally, you’ll bear the responsibility.

If you follow all necessary steps, however, you should be in for a lucrative experience.

This is a guest post for my neighbors benefit.

Disclosure:This is a sponsored post in part by Bucks2Blog.