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.
Exact Change for Scrap
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Exact Change for Scrap
by Dr. Cadmium » Thu Dec 31, 2015 6:51 pm
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Re: Exact Change for Scrap
by Recyclersteve » Fri Jan 01, 2016 1:33 am
I get the exact amount to the penny.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: Exact Change for Scrap
by xippi » Fri Jan 01, 2016 8:53 am
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.
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Re: Exact Change for Scrap
by silverflake » Fri Jan 01, 2016 9:59 am
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!
I made sure to recycle that spare change!
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Re: Exact Change for Scrap
by Dr. Cadmium » Fri Jan 01, 2016 5:25 pm
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.
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Re: Exact Change for Scrap
by knibloe » Fri Jan 01, 2016 11:25 pm
Mine rounds up or down to the nearest dollar.
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Re: Exact Change for Scrap
by MUTiger » Tue Jan 30, 2018 5:59 pm
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
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Re: Exact Change for Scrap
by Recyclersteve » Wed Jan 31, 2018 1:56 am
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.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: Exact Change for Scrap
by hirbonzig » Wed Jan 31, 2018 7:06 am
My yard pays to the cent. It also pays out a half dollar when owed fifty cents or more.
“Someone’s gonna have to go back and get a sh*t load of dimes.”
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Re: Exact Change for Scrap
by NotABigDeal » Wed Jan 31, 2018 8:18 am
Another oldie....
Both shops I use pay to the cent.
Deal
Both shops I use pay to the cent.
Deal
I plead the 2nd....
Control your kids and your crazy ass relatives, leave my guns alone.
TTS 10/30/60-10/25/13 Dad.
Control your kids and your crazy ass relatives, leave my guns alone.
TTS 10/30/60-10/25/13 Dad.
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Re: Exact Change for Scrap
by MUTiger » Wed Jan 31, 2018 10:16 pm
NotABigDeal wrote:Another oldie....
Deal
I am just getting back to checking Realcent again on a regular basis. I revived this oldie but goodie.
MUTiger
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