If you have leftover coaxial cable or are looking to sell off surplus wire, you may be wondering – what is the scrap price I can get for it? Coaxial cable contains copper and other valuable metals, making it a potential source of scrap income.
If you’re short on time, here’s a quick answer: The scrap price for coaxial cable ranges from $0.40-0.80 per pound depending on the cable gauge, copper content, and current market rates.
Coaxial Cable Types and Sizes
RG-59 cable is one of the most commonly used types of coaxial cable. It is primarily used for low-frequency applications, such as connecting cable or satellite television receivers to TVs. RG-59 cable has an impedance of 75 ohms and is capable of carrying video signals up to a frequency of 10 MHz.
It is typically available in sizes ranging from 20 AWG to 26 AWG.
RG-6 cable is a thicker and more robust version of RG-59 cable. It is widely used for high-frequency applications, such as digital cable and satellite TV installations. RG-6 cable has a higher bandwidth and can handle frequencies up to 1 GHz, making it suitable for transmitting high-definition video signals.
It is available in sizes ranging from 18 AWG to 14 AWG.
RG-11 cable is the heaviest and most durable type of coaxial cable. It is commonly used for long-distance applications, such as in commercial installations or for distributing signals over large areas.
RG-11 cable has a lower loss and can carry signals at higher frequencies compared to RG-59 and RG-6 cables. It is available in sizes ranging from 14 AWG to 10 AWG.
Other Less Common Types
Aside from the popular RG-59, RG-6, and RG-11 cables, there are also other less common types of coaxial cables available in the market. These include RG-8, RG-213, and RG-316 cables, which are used for specialized applications such as high-power transmission or military-grade installations.
The sizes and specifications of these cables vary depending on the intended use.
For more detailed information about coaxial cable types and sizes, you can visit websites like Belden or Times Microwave, which provide comprehensive product catalogs and technical specifications for various coaxial cables.
Scrap Value Factors
When determining the scrap price for coaxial cable, there are several factors that come into play. These factors can greatly influence the value of the cable and should be considered by sellers. Let’s take a closer look at some of the main factors that affect the scrap value of coaxial cable:
Copper Content Percentage
The copper content percentage is one of the most important factors in determining the scrap value of coaxial cable. Copper is a highly valuable metal, and the higher the percentage of copper in the cable, the more valuable it will be as scrap.
It is important to note that not all coaxial cables have the same copper content percentage. Some cables may have a higher percentage of copper, while others may have a lower percentage. Sellers should be aware of the copper content percentage of their coaxial cable to determine its scrap value accurately.
The gauge or thickness of the coaxial cable also plays a role in determining its scrap value. Thicker cables generally contain more copper and, therefore, have a higher scrap value. Thinner cables, on the other hand, have less copper content and may fetch a lower price.
It is essential for sellers to know the gauge or thickness of their coaxial cable to assess its scrap value correctly.
Market Price of Copper
The market price of copper is another crucial factor that affects the scrap value of coaxial cable. The price of copper fluctuates regularly due to supply and demand factors. Sellers should keep an eye on the current market price of copper to get an idea of how much they can expect to earn from selling their coaxial cable as scrap.
Websites like CME Group provide real-time information on copper prices.
Insulation and Jacketing
The insulation and jacketing of the coaxial cable can also impact its scrap value. Some coaxial cables have insulation and jacketing made of materials like PVC, which have a lower scrap value compared to cables with insulation and jacketing made of higher-value materials like rubber or polyethylene.
Sellers should be aware of the type of insulation and jacketing their coaxial cable has to estimate its scrap value accurately.
By considering these factors, sellers can get a better understanding of the scrap value of their coaxial cable. It is advisable to consult with scrap yards or recycling centers to get accurate pricing information and ensure a fair deal.
Average Scrap Prices
When it comes to selling coaxial cable for scrap, it’s important to understand the average prices you can expect to receive. The scrap price for coaxial cable can vary depending on several factors, including the type of cable and current market conditions.
Here, we will break down the average scrap prices for three common types of coaxial cable: RG-59, RG-6, and RG-11.
RG-59: $0.40-0.50 Per Pound
RG-59 coaxial cable is a common type used for video applications such as CCTV systems and older television installations. On average, you can expect to receive around $0.40 to $0.50 per pound for scrap RG-59 cable.
Keep in mind that this price can fluctuate depending on factors such as the purity of the copper and the current demand for scrap metal.
RG-6: $0.55-0.70 Per Pound
RG-6 coaxial cable is a more modern and commonly used type of cable, often found in residential and commercial installations for cable TV and internet connections. The average scrap price for RG-6 cable is slightly higher than RG-59, ranging from $0.55 to $0.70 per pound.
This is due to the higher copper content in RG-6 cable, which makes it more valuable as scrap.
RG-11: $0.75-0.80 Per Pound
RG-11 coaxial cable is a heavy-duty cable commonly used for long-distance applications, such as satellite TV installations and larger commercial projects. Due to its thicker copper core, RG-11 cable has a higher scrap price compared to RG-59 and RG-6.
On average, sellers can expect to receive around $0.75 to $0.80 per pound for scrap RG-11 cable.
It’s important to note that these average prices are not set in stone and can vary depending on various market factors. To get the most accurate pricing information for coaxial cable scrap, it’s recommended to contact local scrap yards or recycling centers in your area.
They will be able to provide you with the current market rates and any specific requirements they may have for accepting coaxial cable scrap.
Preparing and Selling Scrap Cable
When it comes to selling scrap coaxial cable, proper preparation is key. Taking the time to prepare your cable before selling it can not only increase its value but also make the selling process smoother. Here are some tips to help you prepare and sell your scrap cable efficiently:
Strip Jacketing and Insulation
Before selling your coaxial cable, it’s important to strip off the jacketing and insulation. This can be done using a wire stripper or a sharp knife. By removing the outer layers, you can increase the value of the scrap by reducing the weight and eliminating any non-metal materials.
Remember to handle the cable with care to avoid damaging the inner copper wire.
Remove Connectors and Ends
Another important step in preparing your scrap cable is to remove any connectors and ends. These can include things like F-connectors, BNC connectors, or any other type of connector that may be attached to the cable.
Removing these connectors will not only increase the value of the scrap but also make it easier to handle and transport. Use a pair of wire cutters or a knife to carefully detach the connectors.
Find Local Scrap Yards
Once your scrap cable is prepared, you’ll need to find a local scrap yard where you can sell it. It’s important to do your research and find a reputable scrap yard that offers fair prices. Look for scrap yards that specialize in dealing with electronic scrap or copper wire.
Online directories or websites like Scrap Monster can help you find scrap yards in your area.
Negotiate the Best Price
When selling your scrap cable, don’t be afraid to negotiate for the best price. Scrap metal prices can fluctuate, so it’s important to stay informed about current market rates. Consider contacting multiple scrap yards to compare prices and negotiate a better deal.
Keep in mind that larger quantities of scrap cable may fetch a higher price per pound. By being knowledgeable and assertive, you can get the best value for your scrap cable.
Remember, selling scrap cable can be a profitable venture if you take the time to prepare your materials and find the right buyer. Following these tips will help you maximize the value of your scrap cable and make the selling process a success.
Maximizing Value of Coax Cable Scrap
When it comes to selling coaxial cable scrap, there are several strategies you can employ to maximize its value. By following these tips, you can ensure that you get the best possible price for your scrap material.
Save Up Large Volumes of Cable
One way to increase the value of your coaxial cable scrap is to save up large volumes of it before selling. Scrap buyers often offer higher prices for larger quantities, as it allows them to process the material more efficiently.
So, instead of selling small amounts of scrap periodically, consider accumulating a significant volume before approaching buyers. This can lead to a better deal and a higher return on your investment.
Target Higher Copper Content
Copper is the most valuable component of coaxial cable scrap, as it is in high demand due to its conductivity and recyclability. To maximize the value of your scrap, focus on cables with higher copper content.
This can include cables with thicker copper shielding or those with a higher percentage of copper conductors. By targeting cables with higher copper content, you can increase the overall value of your scrap and command a better price from scrap buyers.
Time Sales Based on Market Trends
Another way to maximize the value of your coaxial cable scrap is to time your sales based on market trends. The price of copper can fluctuate over time due to various factors such as supply and demand, economic conditions, and global events.
By keeping an eye on these market trends, you can identify the optimal time to sell your scrap material. For example, if copper prices are currently high, it may be beneficial to hold onto your scrap until the market cools down and prices rise even further.
On the other hand, if prices are low, it may be wise to sell your scrap sooner rather than later to avoid potential further price drops.
Remember, timing the market can be challenging, and it is always a good idea to consult with industry experts or reputable websites like ScrapMonster or Scrap Price Bulletin for the latest market information.
By staying informed about market trends and making informed decisions, you can maximize the value of your coaxial cable scrap and get the best possible price when selling.
Selling coaxial cable for scrap can generate decent supplemental income from leftover or surplus wire. Focus on high copper content varieties like RG-11, strip off non-metal components, and research current pricing trends for the best return on your cable scrap.
With some preparation processing and a bit of negotiating, that bin of old coax can turn into real money in your pocket.