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#1
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Catalytic Converter thefts.
Watching local news on tv, some thieves are going around town the auto
junk yards and stealing catalytic converters.About a week ago, the same news alert was on another local tv station news channel.I think the tv news people said one ounce of platnium is worth $1,500.Keep a close eye on your catalytic converters. cuhulin |
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#2
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Catalytic Converter thefts.
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#3
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Catalytic Converter thefts.
Frank <frankdotlogullo@comcastperiodnet> wrote:
> >According to my quick Googling, there's only about 1.5 grams of >platinum/palladium in a catalytic converter which makes it worth about >$5. Thieves aren't rocket scientists and neither are the TV reporters >whose report might encourage thieves Local radio station recently had someone pull up all their ground radial cables to sell for the copper. However... the cable was all copper-clad steel and really worth nothing. Took about a week of work to get a new ground system laid, too. --scott -- "C'est un Nagra. C'est suisse, et tres, tres precis." |
#4
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Catalytic Converter thefts.
i see some of guys around here steal copper from construction sites.
maybe that pays better. |
#5
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Catalytic Converter thefts.
There are some people around here that steal anything that isn't in Fort
Knox. cuhulin |
#6
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Catalytic Converter thefts.
We've had thieves here drilling holes in gas tanks and stealing gas, then
cutting the exhaust pipes with battery powered saws to steal the catcon's as well as the gas! > wrote in message ... > There are some people around here that steal anything that isn't in Fort > Knox. > cuhulin > > |
#7
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Catalytic Converter thefts.
"Frank" <frankdotlogullo@comcastperiodnet> wrote in message > According to my quick Googling, there's only about 1.5 grams of > platinum/palladium in a catalytic converter which makes it worth about $5. > Thieves aren't rocket scientists and neither are the TV reporters whose > report might encourage thieves > > Frank As of today, platinum is about $1700 per ounce. Palladium is about $400. 1.5 grams of platinum is worth more like $75-80, and the equivalent palladium would be worth about a fourth of that. Still, there are a lot of people who would be happy to steal that much money. If they werent too lazy to cut the catcon off the car. |
#8
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Catalytic Converter thefts.
Many years ago, Russia turned out some kitchen pots and pans that had
real platinum in them.I once read about it in Antique Trader. cuhulin, the Antique |
#9
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Catalytic Converter thefts.
And I point and laugh at these SUV owners who get their catalytic
converter stolen. |
#10
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Catalytic Converter thefts.
On Feb 5, 3:04*pm, "HLS" > wrote:
> "Frank" <frankdotlogullo@comcastperiodnet> wrote in message > > According to my quick Googling, there's only about 1.5 grams of > > platinum/palladium in a catalytic converter which makes it worth about $5. > > Thieves aren't rocket scientists and neither are the TV reporters whose > > report might encourage thieves > > > Frank > > As of today, platinum is about $1700 per ounce. Palladium is about $400. > > 1.5 grams of platinum is worth more like $75-80, and the equivalent > palladium would be worth about a fourth of that. > > Still, there are a lot of people who would be happy to steal that much > money. > If they werent too lazy to cut the catcon off the car. Yeah, there have been several articles like that. They are probably just selling the converter outright to less than scrupulous recyclers. I can't imagine those thieves are doing any meltdown and recovery. There can't be many places that actually refine and recycle exotic metals like that. |
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