r/mildlyinteresting 7d ago

This is $721 of pure platinum.

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70k Upvotes

5k

u/snausagesinablanket 7d ago

So, um, what do you do with it now?

4k

u/Fat_Ugly_Artist 7d ago

Punch slugs out to braze onto other parts.

3k

u/spacetimecellphone 7d ago

Yeah? Sounds riveting bby. Tell me what else you like to do with it.

700

u/danpaq 7d ago

Unexpected Austin Powers

297

u/_-___l___l___-_ 7d ago

Expect the unexpected baby.

-- Austin Powers

238

u/EvilRick_C-420 7d ago

Allow my self to introduce; my self..

53

u/ReubenZWeiner 7d ago

Lets mint coins worth one million dollars

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u/lil_bimmer 7d ago

What are slugs? And what is braze?

Off the top of my head I’m thinking slugs are ring shaped things and braze has something to do with fire but that’s all i got.

411

u/Fat_Ugly_Artist 7d ago

The slugs are punched out circles about 1/4 inch diameter and the braze is basically soldering with a torch.

156

u/Cynical_Cyanide 7d ago

Okay, but what exactly are you brazing these slugs onto?

312

u/Fat_Ugly_Artist 7d ago

Usually a stainless steel core, sometimes brass. I don’t know how much detail I can go into with what we make.

813

u/Crit1kal 7d ago

They're coffee mugs for the US Military aren't they

387

u/phaelox 7d ago

From what I've read on Reddit, "military grade" means those coffee mugs are made of cardboard with a dab of grease smeared over most of the inside to keep it leak-free for at least 3 minutes

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u/SnickersArmstrong 7d ago

Military grade is a meaningless buzz word. Mil-spec is what meets military standards but it doesn't denote a particular level of quality.

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u/Cynical_Cyanide 7d ago

... The military standards themselves denote a particular level of quality. It might not be a particularly HIGH level of quality, but nevertheless ...

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u/tangentandhyperbole 7d ago

If it takes you more than 3 minutes to drink your coffee, you needed the wake up call anyway.

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u/South-Builder6237 7d ago

I drink instant coffee so I have enough energy to make regular coffee.

- Steven Wright.

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u/wtfduud 7d ago

It takes about 1 minute to drink it, 20 minutes to wait for it to be cold enough to drink.

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u/Burninator05 7d ago

You wish a coffee mug only cost $721.

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u/AnotherCatLover 7d ago edited 7d ago

Got it. Blue meth. You’re the one that knocks.

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u/Pretend-Guava 7d ago

Whatever Walter

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u/wolfgang784 7d ago edited 7d ago

Just gonna let those crazies in the World of Tanks forums upstage you? edit: oops War Thunder - although both prolly have done it if I go diggin lol. Happened so many times now.

https://www.nme.com/news/gaming-news/more-classified-tank-information-has-been-leaked-on-war-thunder-game-forums-3065756

https://www.nme.com/news/gaming-news/the-official-secrets-acts-has-been-broken-to-improve-war-thunder-2995716

Lol but yea prolly a good idea to stay on the safe side.

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u/xombae 7d ago

That's the most fucking internet thing I've read all day. People on forums posting classified information to prove a point.

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u/educated-emu 7d ago

What do you do with the leftovers?

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u/TimeWizardGreyFox 7d ago

Melt it down, do it again, wheels spinnin round and round.

46

u/lpat93 7d ago

You go back Jack do it again.

14

u/keisisqrl 7d ago

Unexpected Steely Dan

new one for me

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u/Fat_Ugly_Artist 7d ago

Send them to a recycler

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u/Berek2501 7d ago

A slug in this context would be just a simple disc of the material cut from that piece using a punching die.

To braze means that they would heat up that slug and another piece of metal they want to attach the slug to, and the use a third more easily melted "filler" metal in between to help "glue" the two metal bits together.

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u/JamesTheJerk 7d ago

I'll punch some snails too.

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u/siriston 7d ago

punch my slugs daddy

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u/SoleSista 7d ago

Buy 100 self-sealing stembolts, obviously.

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u/hearnia_2k 7d ago

And then you could trade them for about seven tessipates of land on Bajor!

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u/BloodyBeaks 7d ago

By the Prophets! I never expected to see a DS9 reference (thread) in the wild. Made my morning!

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u/somanayr 7d ago

Having just started watching DS9, I didn’t think I’d see one and understand it!

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u/Smlilley 7d ago

I want latinum damnit not land!

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u/ljthefa 7d ago

100 gross of self-sealing stem bolts.

Which is a hell of a lot more

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u/Akussa 7d ago

I love that self-sealing stem bolts became a sort of running gag throughout the rest of the series after this episode. It’s really noticeable if you binge watch it.

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u/DilettanteGonePro 7d ago

Attach to door frame, use as world's most expensive strike plate.

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u/xiiliea 7d ago

Craft high level gear.

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u/TeemoBestmo 7d ago

you use it to cut your cocaine of course.

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u/monkeefan88 7d ago

Runs outside checks catalytic converter

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u/Xclio 7d ago

This right here is what the thieving scrappers are after. Not something the average person will have in pure form, unless....

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u/zensnapple 7d ago

Unless they're a jeweler

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u/PM_Me_Ur_NC_Tits 7d ago

Long time ago, my dad worked for a manufacturing facility that dealt with platinum. It would kick out these tiny pieces of scrap platinum and he asked the foreman/supervisor if he could have the scrap. Foreman said “sure.” So my dad collected it for a couple years in buckets and kept it in a shed at home. Eventually many years later he took it to a jeweler he knew. Made about $5000.

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u/TheKakattack 7d ago

A literal bucket of platinum

$5000

I fear your dad may have been ripped off my friend.

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u/PM_Me_Ur_NC_Tits 7d ago

It wasn’t by any means a large bucket. And this was long before prices hit current levels.

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u/GGKringle 7d ago

“Long time ago”

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u/TaterMcSnipes 7d ago

I was so unfamiliar with "catalytic converters" I went a year asking how so many people had Cadillacs for it to be a problem.

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u/zensnapple 7d ago

That is hilarious. What are they even converting the Cadillacs into?

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u/dame_de_boeuf 7d ago

My ex had a Cadillac, she spent 4 days taping it up and painting a plaid pattern onto it.

She converted it into a Plaidillac.

84

u/zensnapple 7d ago

I hope you're joking for a wide variety of reasons.

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u/dame_de_boeuf 7d ago

Nope, she thought it was the funniest thing in the world.

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u/sourpick69 7d ago

Either she's genuinely insane, or 100% wife material. Considering you said "ex" I'm gonna assume the former lol

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u/dame_de_boeuf 7d ago

Apparently only one of her multiple personalities was a lesbian.

I still to this day don't know if she actually had DID, but it was definitely the most interesting breakup of my life.

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u/Batchet 7d ago

It's the funniest new trend going around lately, the latest fadillac

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u/fukitol- 7d ago

That pun was terrible. It was a badillac.

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u/toclosetoTV 7d ago

Buicks?

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u/thecaptain15 7d ago

I want to assume they turn into Lincoln's, but a GM company?

NEVER

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u/heyimfromarkansas 7d ago

Lincoln’s what?

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u/osdd_alt_123 7d ago

Hot ass

twerks in confusion, Gettysburg Address style

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u/bassthumb32 7d ago

I'm a parts guy I constantly get phone calls asking me to price Cadillac convertors.

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u/setibeings 7d ago

Here at Bugatti, we harvest parts from only the finest Cadillacs to put in our new cars. That's our pledge to you.

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u/DroidChargers 7d ago

I just recently stopped working auto parts and I definitely heard that more than once haha

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u/mh985 7d ago

Or they invest in precious metals. I have a few kilograms of pure silver in my safe at home. I also got a couple 1 ounce gold coins recently.

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u/BeyondthBlackRainbow 7d ago

Completely unrelated, but which one is your house?

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u/60JohnSomogyi 7d ago

Snag one for me please, thanks ♥️

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u/euprymna 7d ago

Maybe they're a silversmith, or an experimental physicist/chemist, or an element collector for example? Platinum has a ton of applications.

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u/maen_baenne 7d ago

Chemist here, can confirm. Currently looking at appx. 576g of platinum in the form of 16 crucibles.

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u/readlock 7d ago

Sell them and say a vagrant stole them.

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u/ghtnut6ut8y8 7d ago

I mean, once he gets fired for stealing and become a vagrant it would be true.

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u/chinese_bedbugs 7d ago

Ahh, the vagrants. Eternal enemies of the chemists. The History is long, the hatred deep and the blood spilt like Spring rain.

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u/UnsupportiveHope 7d ago

Process engineer here, also can confirm. I had about 1kg of platinum, rhodium, and palladium dropped onto my desk about 2 weeks ago.

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u/TrevorsMailbox 7d ago

Your boss needs to put some kind of protective covering over your work space. You could be seriously injured.

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u/Alis451 7d ago

Maybe they're a silversmith

I love the term whitesmith, the subset of blacksmith, they deal in jewelry and finishing metallic objects and wear white gloves for polishing

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u/Pro_Extent 7d ago

I believe it's where the surname "White" originates from.

Similar to how the surname "Green" originates from copper and brass smiths.

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u/texasrigger 7d ago

There's also redsmiths who are tinsmiths who work copper and brass.

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u/[deleted] 7d ago edited 7d ago

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u/Declined_524 7d ago

I believe catalytic converters use palladium; even more expensive. I just got a quote for a project. A 24”x24”x0.020” sheet was $279,000 USD

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u/benaugustine 7d ago

Who's your palladium guy? You're getting robbed man. Should only be 160k in material costs unless there's a lot of specific fabrication

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u/pornacc74 7d ago

There’s been a shortage this year and prices have been climbing pretty consistently, last I saw it was up nearly 20% per oz

280k does seem kind of high for that size tho, might be a quote for an extremely pure sheet or smth but I’m not super duper familiar with that market

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u/Ferro_Giconi 7d ago

That's happening everywhere to everyone from everyone. There's been a worldwide shortage of everything it seems. Practically every vendor who makes materials for my job has been giving us price increases and we are no longer safe to assume that a price for material that was quoted to us a month ago is still safe to use when quoting parts to customers.

Before covid and the snowball effect it has, I could use 6 month old material pricing and be confident that it would still be close enough to still make money on parts we make.

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u/ChopSueyXpress 7d ago

So basically a double sized sheet of paper made of palladium is worth over a quarter million dollars?

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u/MMXIXL 7d ago

Nice. Will set me up nicely for the coming apocalypse. Everyone knows people like expensive metal during the end of the world.

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u/Evil_John 7d ago

8.5x11 letter size paper? This would be closer to 6 pages in area. But also 5 pages in thickness. So more like 30 pieces of paper. Which is still insane. Hahaha.

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u/PresumedSapient 7d ago

Excuse my curiosity, but what sort of application are wel looking at that needs such sheets of palladium?

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u/Mortress_ 7d ago

Probably some sort of armor

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u/TimeTraveler3056 7d ago

Apparently there are locks you can put on the CC to deter thieves.

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u/opeth10657 7d ago

Just cut yours off and sell it, just gotta think one step ahead of the thieves

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u/flyrobot27 7d ago

big brain time

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u/Willziac 7d ago

ULPT: Cut out your own catalytic converter to sell for scrap, then call insurance to have them pay to replace it.

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u/Ranik_Sandaris 7d ago

Unlimited money hack

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u/mmmuffles 7d ago

We were told that lock adds a few minutes (and may make where they decide to cut larger/worse) but doesn’t stop it so we’d be out the price of the lock too

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u/thealmightyzfactor 7d ago

They already have an angle grinder or sawzall with a metal cutting blade, a bit more of chain metal isn't going to stop them.

There are shields some automakers are putting over that section of the exhaust to deter theft and that's all you can really do. Make it more of a hassle to get yours than someone else's or take long enough for someone to notice.

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u/Ameteur_Professional 7d ago

The best defense is driving a car instead of an SUV, but it's far from perfect.

Thieves prefer a car they can just roll under and back out of vs something they'll need to jack up.

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u/mmmuffles 7d ago

We were told our old Prius is the most popular targeted vehicle

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u/Ameteur_Professional 7d ago

Those have specific, extra expensive converters. Other than those, trucks, vans, and SUVs are targeted more often than cars. Below is the top 6 per Houston PD

Toyota Tundra

Toyota Prius

Toyota Tacoma

Ford F-250

Honda Element

Honda CRV

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u/invisiblewar 7d ago

Go onto any Honda Element board and a good quarter of the posts are people talking about either getting their catalytic converters stolen or how to prevent them from getting stolen. It's not uncommon to see people sell their element because they just had their fifth one stolen.

I have to spend $200 to get a thick piece of aluminum to put over my mom's because someone was trying to saw hers off.

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u/Zoloir 7d ago

this is the kind of weird shit you never hear about before you buy something expensive

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u/flyrobot27 7d ago

There are actually catalytic converter thieves in my area. They would literally go under your car and take the exhaust off while you go shopping. It already happened like 2 - 3 times over the past month. Only way around is to park your car in a much more visible position, such as directly in front of the main gate or sth.

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u/BlackCheezIts 7d ago

They're everywhere in the US. Plumbing company next to my work had 9 cut out in 1 night.

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u/soggyballsack 7d ago

The city had their trucks catalytics cut off. About 15 of them.

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u/OldMork 7d ago

my town too, a delivery company got a whole fleet of new trucks and someone cut out the CC's already first week. There was a CCTV but 'skinny dude in dark clothes' not so easy to find.

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u/mmmuffles 7d ago

Very popular here too, people will post the video on Facebook the next day but in a city with over a million people unless you actively catch them there’s not much that can be done

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u/Mercy_X 7d ago

My Dad woke up one night to the sound of a sawzall, looked out the window and saw two guys stealing his neighbors catalytic converter. He yelled at the guys to stop, but they told him to fuck off and just kept going.

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u/AcadianMan 7d ago

My question is who the hell is buying these used catalytic converters?

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u/OwnPack431 7d ago

Scrap yards

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2k

u/LoganH1219 7d ago

That’s a rather expensive business card

1k

u/comrade_batman 7d ago

Oh my god. It even has a watermark.

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u/Roe91517 7d ago

Something wrong, Patrick? You’re sweating

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u/Fineus 7d ago

TRY GETTING A RESERVATION AT DORCIA NOW!

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u/SpitFiya7171 7d ago

"Was watching Cops."

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u/plaidkingaerys 7d ago

I have to return some video tapes

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u/Ballistic_Turtle 7d ago

The tasteful thiccness of it

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u/Dark_Shade_75 7d ago

The subtle off-chrome coloring.

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u/RG450 7d ago

Let's see Paul Allen's metal.

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u/sisssj 7d ago

How did a nitwit like you get such great taste?

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u/_Diskreet_ 7d ago

screams internally

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u/Fineus 7d ago

Aluminium with Romalian type. What do you think?

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u/heyheyitsandre 7d ago

I can’t believe, that Bryce prefers van pattens card to mine.

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u/Back4TallBois 7d ago

It's exquisite.

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u/Dramatic_______Pause 7d ago

I have to return some videotapes.

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u/EarthBrain 7d ago

Let's see Paul Allens card

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u/EmirSc 7d ago

nice very nice, now lets see Paul Allen's card

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u/Handleton 7d ago

I mean, if you're that level of baller, it is a pretty badass business card idea.

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u/grellgraxer 7d ago edited 7d ago

Platinum is 15-20 times scarcer than gold, yet trades at almost half the price of gold. Besides catalytic converters and jewelry, I'm not really sure where platinum is being heavily used.

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u/ptargaryen 7d ago

Platinum has an extremely high melting point so it’s frequently used in industrial settings.

Pure platinum is also extremely soft and can be bent with your hands using very little force.

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u/NoExtensionCords 7d ago

Pure platinum is also extremely soft and can be bent with your hands using very little force.

Just like my hopes and dreams.

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u/[deleted] 7d ago

[deleted]

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u/DoomBot5 7d ago

I think we've just witnessed a murder

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u/-Helvet- 7d ago

Can you chill? Fucking hell...

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u/invent_or_die 7d ago

Industrial catalyst

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u/sexykoreanvet 7d ago

That’s just a big catalytic “converter”, but with different fluids.

Platinum would be used anywhere you want a long process that would oxidize something normally(Platinum essentially will not) because it is used to adsorb a fluid to allow a reaction to occur. Platinum would be used anywhere this molecular structure would be more favorable than say rubidium or gold or copper or literally any metal.

Source:Chemical Process Design

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u/invent_or_die 7d ago

For example, in liquid injection molding a platinum catalyst is used to initiate the thermoset reaction between the components.

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u/BobGobbles 7d ago

Industrial processes I'd imagine. And medicine.

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u/VenserSojo 7d ago

That may be technically true but its a bit more complicated than that number implies realistically the platinum in the earth's crust is more concentrated than that figure implies for rarity (though how much is unclear), as for practicality platinum is generally used as a catalyst, or in heavy duty electrical contacts, also has other niche uses but it is far more difficult to work with than gold which affects desirability in coin minting and wholesale jewelry prices.

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u/AshTraordinary 7d ago

NOT WITH YOUR FILTHY HANDS TOUCHING IT, jk how did u get it ?

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u/Fat_Ugly_Artist 7d ago

I work with precious metals!

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u/mechabeast 7d ago

You're precious

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u/Fat_Ugly_Artist 7d ago

☺️

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u/jakeperalta11 7d ago

Is this the most precious metal you've worked with?

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u/Fat_Ugly_Artist 7d ago

Probably palladium. I think it’s 2x gold prices.

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u/wafflecon822 7d ago

sounds like you need to destroy more demon alters

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u/voonoo 7d ago

What do you do with it?

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u/McCheesing 7d ago

please say build an arc reactor, please say build an arc reactor

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u/Tommy_C 7d ago

Look at that subtle coloring. The tasteful thickness. Oh my god, it even has a watermark.

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u/drksdr 7d ago

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u/ninjagabe90 7d ago

hahaha that was enjoyable

what do you do guaranteed?

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u/TheFilman 7d ago

Hey, if you want me to take a dump in a box and mark it guaranteed, I will. I got spare time.

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u/SirKazum 7d ago

That's a lot of pressed latinum

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u/scr33m 7d ago

Can’t believe how far I had to scroll for this

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u/BR0METHIUS 7d ago

Rule of acquisition 229: Latinum lasts longer than lust.

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u/Starving_Orphan 7d ago

It’s not surrounded by worthless gold tho.

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u/ChetManly91 7d ago

How many catalytic converters is this?

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u/callmedaddyshark 7d ago

one catalytic converter is about 5 grams of platinum* worth $153, so about five catalytic converters

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u/davidmeyers18 7d ago

My god, has platinum plummeted in price! It was like 48K in 2018.

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u/BoilerUp985 7d ago

There are 3-7 grams of Platinum per catalytic converter, and with a current spot price of $33.12 per gram for platinum, that is roughly 21.75 grams of Platinum, or 3.1-7.3 catalytic converters.

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u/Gow13510 7d ago edited 7d ago

Portuguese govt once dumped around 1 tons of platinum into the oceans during the 17th century, because they thought it was useless

Edit: 29.89 million usd, 25.83 million euro in worth btw

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u/MagicManMike1 7d ago

This interested me so I had a look into it out of curiosity sake. Turns out it was actually the Spanish, and they dumped it due to fears that it would be used to counterfeit gold coins. Due to this, they also made no note of where it was dumped so that it couldn't be later retrieved for the aforementioned purposes. Source. Either way, I appreciate the original comment as it helped me learn something new!

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u/Gow13510 7d ago

Thank, i was not 100% accurate with it but i remember it clearly about something to do with South America and Iberian peninsula, thank for correcting my mistake

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u/TBoneTheOriginal 7d ago

So this is legitimately a Spanish treasure hunt.

I've got the plot for Uncharted 5, everyone!

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u/pubichaircasserole 7d ago

Russian government on the other hand decided to make a platinum gold coin substitute with same face value, and suffered dearly after platinum price crashed.

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u/RentalGore 7d ago

Now do Beskar!

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u/prankored 7d ago

It already has the shape. Make it into a credit card for that extra flex.

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u/FiftyPencePeace 7d ago

You could make a nice potato peeler out of that.

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u/B_Addie 7d ago

Sweet! Can I have it ?

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u/Fat_Ugly_Artist 7d ago

$1 and $720 shipping and handling!

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u/whereismysupersucc 7d ago

What if I pick it up?

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u/SockUnicorn 7d ago

1 dollar shipping 719 dollars handing.

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u/soandso90 7d ago

It's been shipped from somewhere hasn't it? And he's been handling it.

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u/Shapperd 7d ago

Is platinum more valuable than gold?

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u/Fat_Ugly_Artist 7d ago

Platinum is around half the price of gold right now.

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u/Yolosoogie 7d ago

in games it’s always one tier higher than gold lol

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u/Groundblast 7d ago edited 7d ago

Prices fluctuate a lot, but platinum is 60% more dense than gold and it’s used in a more pure form. A gram of platinum might cost less than a gram of gold, but a platinum ring will usually cost more than a gold ring (especially if it’s a lower purity like 18k)

Edit:

The 60% figure is incorrect. It was the first result from Google for “platinum vs gold density”

https://www.victorcanera.com/education/jewelry/platinum-vs-gold

The actual figure is 11% for pure metals. Jewelry could have a higher difference in net density due to alloyed metals so, theoretically, a platinum ring might be 60% heavier than a similar gold one.

Check your sources kids!

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u/Green_Chem 7d ago

Platinum is also harder to work than gold so the extra labour cost is included in that

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u/Yolosoogie 7d ago

would the platinum ring be more expensive if we count in price per gram of pure substance? because you mentioned that an impure gold ring would cost less, which also means you’re paying for less gold. would the platinum ring still be more expensive if the gold ring was as pure as the platinum one?

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u/Groundblast 7d ago

So if you need 10 grams of gold to make a ring, you’ll need 16 grams of platinum.

At $56 per gram, a pure gold ring will cost $560

At $33 per gram, a pure platinum ring will cost $528

So it’s pretty close for pure metals right now, but no one really makes jewelry from pure gold. At 22k, which is the highest I’ve really seen, the gold ring would cost $513.

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u/bent42 7d ago

Is platinum not alloyed as well?

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u/Brokenwave89 7d ago

No, Palladium is though

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u/xxxxHawk1969xxxx 7d ago

Platinum Palladium Plutonium…….

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u/gwizone 7d ago

It’s funny how that could literally be a scrap of roof flashing that guy is holding and everyone is just in awe.

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u/Ranier_Wolfnight 7d ago edited 7d ago

That’s the crazy thing, it’s almost indistinguishable from other white metals.

I was with a friend a couple years back who worked for a pretty nice firm at the time. We were out and about one Friday afternoon at a few bars downtown by Financial District. We ran into a manager of his. Dude was wearing what appeared like a day-date. But you could kinda tell the way the light hit at certain angles, it wasn’t a “regular” day-date. He was about to be on his way out and my friend asks if his was steel or white gold. Dude looked at him perplexed and just smiled. My buddy goes, “He never answered”. I was just like, “Homie…he’s walking to the pier where his boat is, to sail from NYC back to his home in the Gold Coast of Long Island…I’m gonna go ahead and guess that was platinum.”

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u/ksHunt 7d ago

In case anyone wonders, a day-date is a specific Rolex wristwatch, apparently now only available in gold or platinum

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u/freebelion 7d ago

Mint it as the trillion dollar coin; President is expecting it.

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u/SanduskyTicklers 7d ago

puts in vending machine

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u/john_doe11081 7d ago

I think we can trust the president of Cuba!

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u/Throwaway47321 7d ago edited 7d ago

When I used to work in a warehouse unloading trailers there was always one delivery a week of what looked like one of those poster rolls. My boss always said to be very careful with it as it was expensive. One day I took a look at the invoice and it was like 350k worth of platinum going to some place that manufactures medical equipment.

Always blew my mind that they shipped it with regular freight.

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u/TerrorDahveed 7d ago

In unrelated news, there used to be a stripclub in Waikiki that alternated it’s name from year to year from Purely Platinum to Totally Titanium. I spent most of my time in Saigon Passion III though.

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u/OnlyCaptainCanuck 7d ago

Cool! Turn it into a cheap set of blade razors

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u/kommanditbolag 7d ago

Looks like steel. That really is mildly interesting. Also hard to believe the value of what to a regular person looks like just some hunk of steel.

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u/ApathyMoose 7d ago

My Visa Platinum card has a 15k limit and has a balance of 8k. I win.

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u/Fat_Ugly_Artist 7d ago

Never bring plastic to a metal fight!

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u/ooru 7d ago

That means you're $8k in the red. OP has theirs paid off. I think OP wins.

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u/-SierraModeling- 7d ago

This is pretty wild man