Silver Electrical Contacts to Refine| Precious Metal Refining Blog
I have 193 troy ounces of silver electrical contacts to recycle. Can you refine this? Thanks from Don in Salt Lake City, Utah
Hi Don,
Silver has the highest electrical conductivity of any element and the highest thermal conductivity of any metal. That is why it is used in a variety of industries and applications. Silver electrical contacts are commonly used in circuit breakers, relays, switches and electrical discharge machining (EDM) applications.
We do refine silver electrical contacts. This material typically comes to us in gallon size buckets or drums and we pay about $10-$15 per pound depending on the quality and amount of silver they contain. The silver is refined and put back into industries that need it.
Based on a conversion rate of 1 pound to 14.5833 troy ounces, we estimate that you have about 13 pounds of silver electrical contacts. As such, we could return about $132 - $198 for your silver material.
Thanks for your question and thanks for recycling!
Tags: electrical contacts, refining silver, Silver
November 16th, 2010 at 9:51 am
I have about 30 lbs. of cleaned electrical contacts.
What would be your buying price per troy oz?
Thanks
November 23rd, 2010 at 11:05 am
Hi Benny,
We usually buy silver electrical contacts by the pound and would offer between $10-$15 per pound depending on the quality and silver content. For 30 pounds of this material we could offer between $300-$450. Check out this other blog post about refining electrical contacts from busbars here: http://www.precious-metal-refining.info/quote-for-electrical-contacts-from-busbars/
November 3rd, 2011 at 12:59 pm
if i have the electrical contacts and i melt it down and get the silver out of it what will it be worth,,,it says its 30percent silver
February 20th, 2012 at 10:00 am
i got over 2000 grams of electric contacts how much money would i get
April 16th, 2012 at 1:44 pm
why is the silver worth so little in contacts? a pound is only 300$???
can you explain that to me?
April 17th, 2012 at 10:25 am
Hi @Constance Kendall –
Keep in mind that at the time we give estimates based on the CURRENT/DAILY silver price. This blog post was made in 2010 when silver prices were between $22-$24 USD per troy ounce.
Also keep in mind that the silver in silver contacts are NOT sterling silver. They are alloyed with other non-precious metals. For a more recent estimate with the latest price of silver please contact us http://www.precious-metal-refining.info/request-estimate/.