When it comes to empty kegs, you might be surprised to learn that they can actually be worth some money. While it’s true that the primary purpose of a keg is to hold and dispense delicious beverages, the material it is made from can have value even when the keg is empty. In this article, we will explore the financial worth of empty kegs and shed some light on this intriguing topic.
The Value of Stainless Steel
One important factor to consider is the material from which the keg is constructed. Many kegs, especially those used in commercial settings, are made from stainless steel. Stainless steel is a highly durable and corrosion-resistant material, which makes it a popular choice for kegs. It also happens to have scrap value.
At the time of writing, the scrap price for 304 stainless steel is around 80 cents per pound. This means that a typical stainless steel keg, which weighs around 30 pounds when empty, could be worth approximately $24 as scrap. It’s worth noting that the price of scrap does fluctuate, but recent history has shown that the scrap value of a keg is often similar to or even higher than the deposit placed on the keg.
Scrap Yard Potential
If you find yourself in possession of empty kegs and are looking to cash in on their value, a scrap yard might be your best bet. Many scrap yards are willing to purchase empty kegs and pay you based on the weight and composition of the keg. It’s a win-win situation – you get rid of your empty kegs, and you get some extra money in return.
However, it’s important to note that not all scrap yards accept kegs, especially if they are still in good condition or property of a brewery or distributor. Before taking your kegs to a scrap yard, it’s crucial to check their policies and ensure that they accept kegs as scrap metal.
Deposit Return
In some cases, kegs may have a deposit associated with them. A deposit is an amount of money paid upfront when the keg is rented or borrowed, and it is refunded when the keg is returned. The purpose of the deposit is to encourage people to return the keg instead of keeping it or discarding it.
If you have paid a deposit for a keg and are returning it, there is a possibility of getting your deposit back. However, it’s important to remember that the deposit amount might not be the same as the scrap value of the keg. The deposit primarily serves as an incentive for the keg to be returned and may not reflect the actual value of the materials.
Alternative Uses for Empty Kegs
While selling empty kegs for scrap is one way to potentially make some money, there are also alternative uses for empty kegs that can be both creative and lucrative. Many craft beer enthusiasts and DIY enthusiasts have found ways to repurpose empty kegs into furniture, planters, smokers, and even grills.
By tapping into your creativity and resourcefulness, you can turn an empty keg into something functional and unique. These repurposed kegs can be sold or used personally, providing a different kind of value beyond the monetary aspect.
Conclusion
In conclusion, empty kegs can indeed be worth money. The scrap value of a keg made from stainless steel can often surpass the deposit put on it, providing an opportunity to earn some extra cash. However, before selling your kegs for scrap, it’s crucial to check with local scrap yards to ensure they accept kegs and understand their policies. Alternatively, you can explore creative ways to repurpose empty kegs, adding value in different ways. So, the next time you come across an empty keg, remember that it may hold more value than you initially thought.
