Do You Get More Money If You Strip Copper Wire?

by | Last updated on January 24, 2024

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Do you get more money if you strip copper wire? If it can be stripped, strip it to make more money!

Copper wire is worth nearly 3 times at the scale when it’s stripped

. The more wire you have the higher a price you will get! Decide which type of wire stripping machine is best for your volume.

Is copper wire worth more stripped?

the way it is with insulation, that would translate in to $130.00 for your 100lbs of 12-gauge wire, without stripping it.

If you were to strip it, your 75lbs of copper would bring you $1.90 per pound $142.50

the difference between stripping and selling it the way it was would be $12.50.

How much is bare copper wire worth?

(Last Modified: July 21st, 2022, 10:11 am) Metal/Material Current Price #1 Bare Bright Wire

$2.65/lb
#1 Copper Tubing/Flashing $2.45/lb #2 Copper Tubing/ Bus Bar $2.20/lb

Is striping wire worth it?

How can I get the most money out of copper?

What kind of copper wire is worth stripping?

The most valuable type of scrap copper wire is

bare bright copper

. This uncoated and unalloyed copper is stripped of insulation, paint, and other impurities, making it easy to reuse or recycle. As such, it is usually the first thing that scrap buyers look for.

Is burnt copper worth less?

(

When you burn copper wire, it loses about half its weight, depending on the type of wire

.) On the other hand, if you were to strip the same wire, you would make at least $31! If you DO want to strip the wire yourself, you will generally get Copper #1, the highest value copper available.

What is the fastest way to strip copper wire?

How much is a pound of copper wire?

Metal Price, $ / lb. COPPER WIRE #1 Insulated Wire

$1.80-$2.00/lb

Request mine
#2 Insulated Wire $00.40-$1.60/lb Request mine Communication Wire $00.80-$1.00/lb Request mine

Where is the most copper in a house?


Washers and dryers, refrigerators, and air conditioners

can be excellent sources of copper.

How do you make money stripping wires?

Is it worth stripping Romex for scrap?

By stripping the Romex® Wire

you can make between 10 and 30% more money depending on what level of time and investment that you put into it

. Through talking to multiple scrappers over the years we have found that about 50% of people sell as is and 50% will strip it down further.

What is the copper price today?

Metals Last Chg % Gold Continuous Contract $1,712.10 0.70% Silver Continuous Contract $18.675 0.04% Copper Continuous Contract

$3.2925

-0.98%

What is the best thing to scrap for money?

  • 1) Aluminum. One of the most profitable items to scrap this year is aluminum. …
  • 2) Copper. Copper is one of the most valuable things to scrap that you can easily find around your home. …
  • 3) Brass. …
  • 4) Lead. …
  • 5) Stainless Steel. …
  • 6) Platinum Jewelry. …
  • 7) Used Appliances. …
  • 8) Old Tools.

What items have a lot of copper in them?

Almost all small and large household appliances have some copper wire in them and it’s relatively easy to extract.

Refrigerators, stoves, and air conditioners

in particular are great sources of copper as they require a larger power supply and therefore tend to contain thick insulated copper wire.

How do you make money off of copper wire?

What wires have the most copper?


Single core copper cable

The most valuable type of copper wire in this list, and this type of large copper wire can be found inside your household electrical panel box.

What does #1 insulated copper wire look like?

What does bare bright copper look like?

What’s the difference between #1 and #2 copper wire?

What is considered clean copper?

Narrowing in on copper


Bare bright copper wire

is defined as clean, bare, uncoated, unalloyed copper wire, not smaller than No. 16 gauge wire. Bare bright also should be free of copper tubing, burnt copper wire and nonmetallics.

Can you strip copper wire by burning it?

NO BURNING: First and foremost, we would like to reiterate that

you should NEVER under any circumstances “burn” your copper wire to remove the insulation

. Not only does it harm the environment from the fumes, but it will downgrade your copper at the scrap yard.

Why do Scrappers cut cords?

How do you strip copper wire without burning it?

There are other ways that you can make stripping your wire easier without burning it. Using heat is an option, but not the concentrated heat that burning would create. Instead,

place the insulation in a black box and use the sun or a low temperature oven to heat and soften the insulation to make it more malleable

.

How do you strip scrap copper?

How much is a pound of pure copper worth?

Copper Spot Price Spot Change Copper Price per Pound

$3.31


0.06
Copper Price per Ounce $0.21 0.01 Copper Price per Ton $6,620.00 120.00

What is the highest paying scrap metal?

  • Copper is King. For most scrappers, copper is the king of scrap metal because it gains as much as $2 to $4 per pound. …
  • Why Copper is so Valuable. …
  • Where to Find Copper to Recycle. …
  • Other Base Metals to Recycle.

Will scrap prices go up in 2021?


Global average scrap prices have increased significantly in 2021

due to tight supply and increasing demand from steel makers. Lower economic activity and strict social distancing measures in 2020, alongside severe weather conditions early in 2021, curbed scrap generation and collection.

How much copper is in a average home?

How much copper is in an alternator?

How many pounds of copper wire is in a house?

An average single-family home uses

439 pounds

of copper. The average house has 12 locksets: 2-1/2 are keyed, the rest are passage sets.

Is it worth stripping Romex wire?

What is the best way to strip copper wire?

How much is stripped copper wire worth UK?

Alluminium Prices Price (£/KG) Examples Bright Copper Wire

£5.60

* Stripped wire…
PVC Wire £1.65* Copper wire coated i.. Low Grade Cable £1.00* Electrical cables wi.. High Grade PVC wire £2.40* Largesingle core Cop..

How do you sort copper wire for scrap?

David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.