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How to Scrap at a Refiners without a Tax ID

Mrsz1ppy

Brilliant_Rock
Joined
Feb 23, 2012
Messages
1,299
Years ago, when I had a corporation for real estate investments, I had an account at ARA Gold for refining my scrap. My CPA convinced me to close it last year, and now I want to scrap and all of the refiners require business ids. You lose 40-50% when selling to a gold buyer, pawn shop etc. Any suggestions for how to sell and get the 98% I used to get?
 

luckygreen317

Brilliant_Rock
Joined
Sep 26, 2011
Messages
573
This is a really good question. I use “scrap” towards new pieces when working with David Klass but not sure about the trade-in value.
 

LilAlex

Ideal_Rock
Premium
Joined
Mar 3, 2018
Messages
3,677
Are you fencing catalytic converters again, @Mrsz1ppy?

I had no idea the payout to randos was so awful. There are (seemingly) tons of ads for mail-in that sound much closer to melt value.
 
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