Pricing lead from private purchase

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Gregor posted this 13 August 2020

Contractor I know has hundreds of pounds of lead pipe and divers lead he has offered to sell to me.  I need to know how to determine a fair price.

 

Any suggestions?

 

 

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David Reiss CBA Membership Director posted this 13 August 2020

Scrap lead price is at .68 right now. So what ever you think is fair over that would be appropriate. Maybe .75 a pound?

David Reiss - NRA Life Member & PSC Range Member Retired Police Firearms Instructor/Armorer
-Services: Wars Fought, Uprisings Quelled, Bars Emptied, Revolutions Started, Tigers Tamed, Assassinations Plotted, Women Seduced, Governments Run, Gun Appraisals, Lost Treasure Found.
- Also deal in: Land, Banjos, Nails, Firearms, Manure, Fly Swatters, Used Cars, Whisky, Racing Forms, Rare Antiquities, Lead, Used Keyboard Keys, Good Dogs, Pith Helmets & Zulu Headdresses. .

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Duane Mellenbruch posted this 13 August 2020

Scrap prices vary across the nation but I would agree that David is about right.  Last lead purchase I made was about .70 per pound from a scrap dealer.  Many individuals are not allowed to purchase from a scrap dealer so it can be difficult to get a  market price. 

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Bud Hyett posted this 14 August 2020

Baltic Dry Index, world trade, is $0.88 per US pound for pure refined this lead afternoon.

That is a delivered price for large industrial usage quantities.

Therefore, any scrapyard price under $0.70 would be good. 

Country boy from Illinois, living in the magical Pacific Northwest

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Ken Campbell Iowa posted this 14 August 2020

...and keep in mind WE just dumped an additional 6 trillion dollars into the publics' fantasy money pockets ... unmatched by an additional 6 trillion $ of new products ...

NOW .....    before the shock wave hits us would be a good time to invest in REAL property ... i am thinking guns, powder, ammo ... including lead ... is more fun than boring gold bars ...

interesting times indeed !

ken

 

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Duane Mellenbruch posted this 14 August 2020

Yes, some have been investing in semi-precious metal for years.  Lead, antimony, tin, and brass.  Waste not, want not.

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dbosman posted this 2 weeks ago

If you have to load and transport it, you should be able to pay less than local scrap offering. The contractor would have to transport it for sale to the scrap or recycling yard. Don't forget that piping will not be just lead. The crud buildup from decades of use will leave a lot of mineral residue inside the piping. A test melt would help determine what you can expect.

Locally I'm still paying fifty cents for hard lead scrap and a dollar for soft scrap. Price has been constant for almost two decades.

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Gregor posted this 3 days ago

He had 160 lbs. of lead which I paid him $110.00.  I appreciate the help.

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