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Exact Change for Scrap

PostPosted: Thu Dec 31, 2015 6:51 pm
by Dr. Cadmium
Does anyone here still get exact change for their scrap?

One yard I sell base metals to rounds up to the nearest $0.05 or $0.10 and another rounds to the nearest dollar because they stopped using coins years ago - though lately it's been a minor issue with street walk-ins coming in with less than $1.00 worth of scrap at a time.

I don't remember the last time I was paid exact change for scrap. In my own business, I round up cash purchases to the next dollar, and the lowest priced items I sell at flea markets are $0.50 each.

Re: Exact Change for Scrap

PostPosted: Fri Jan 01, 2016 1:33 am
by Recyclersteve
I get the exact amount to the penny.

Re: Exact Change for Scrap

PostPosted: Fri Jan 01, 2016 8:53 am
by xippi
Recyclersteve wrote:I get the exact amount to the penny.


+1
The place I go to pays by check .

New as of Oct 1st 500# min iron and 100# min combo of non ferrous.

Re: Exact Change for Scrap

PostPosted: Fri Jan 01, 2016 9:59 am
by silverflake
I get exact change to the cent. Funny thing is, when i am waiting at the register (behind thick glass window) I often find pennies on the floor! Even found a nickel once.

I made sure to recycle that spare change!

Re: Exact Change for Scrap

PostPosted: Fri Jan 01, 2016 4:50 pm
by hobo finds
To the cent still...

Re: Exact Change for Scrap

PostPosted: Fri Jan 01, 2016 5:25 pm
by Dr. Cadmium
Wild. I guess inflation is worse here in the northeastern U.S. The other two yards I occasionally sell to also round to the nearest dollar or $0.05.

Re: Exact Change for Scrap

PostPosted: Fri Jan 01, 2016 11:25 pm
by knibloe
Mine rounds up or down to the nearest dollar.

Re: Exact Change for Scrap

PostPosted: Tue Jan 30, 2018 5:59 pm
by MUTiger
Advantage Metals in Columbia, MO pays out to the nearest $0.25. You get a receipt with a barcode and scan that on an ATM like cash dispenser. Employees watching the scales and giving the payout receipt are behind heavy Plexiglas but those weighing the scrap material are in an unheated shop.
MUTiger

Re: Exact Change for Scrap

PostPosted: Tue Jan 30, 2018 9:54 pm
by knibloe
rounded to nearest dollar

Re: Exact Change for Scrap

PostPosted: Wed Jan 31, 2018 1:56 am
by Recyclersteve
A few years ago I said I got the exact amount to the penny. I go to a different place and they always round up to the next higher dollar.

Re: Exact Change for Scrap

PostPosted: Wed Jan 31, 2018 7:06 am
by hirbonzig
My yard pays to the cent. It also pays out a half dollar when owed fifty cents or more.

Re: Exact Change for Scrap

PostPosted: Wed Jan 31, 2018 8:18 am
by NotABigDeal
Another oldie....

Both shops I use pay to the cent.

Deal

Re: Exact Change for Scrap

PostPosted: Wed Jan 31, 2018 10:16 pm
by MUTiger
NotABigDeal wrote:Another oldie....

Deal


I am just getting back to checking Realcent again on a regular basis. I revived this oldie but goodie. :lol:

MUTiger