1. The Topic of the Month for October is "Make this the Perfect Bugout Location". Please join the discussion in the TOTM forum.

.999 Copper Bullion coins

Discussion in 'Financial Cents' started by stg58, Mar 9, 2014.

  1. stg58

    stg58 Monkey+++ Site Supporter+ Founding Member

    I have been holding onto copper penny’s as I find them for a while but copper bullion coins are new to me.

    Copper is around 3.00 pound


    Marck likes this.
  2. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    It might be of interest to some, but I can't take 'em to my local coin store and swap 'em for fiat.
    Gold and Silver is all they take.
    Marck likes this.
  3. NWPilgrim

    NWPilgrim Monkey++

    At about $.20/oz for copper it does not seem Worthwhile to collect compared to silver. Neither would I go out and buy copper pennies, but if you can get them free from pocket change then sure.
    Marck and Moatengator like this.
  4. Moatengator

    Moatengator Monkey

    If I were going to but some copper I would not pay .99+ cents per OZ while copper is about $4.00 per pound. I have thought about buying some & if I did, I would have bought the 10 lbs bars instead they are about $55-60 each. A LOT cheaper that way. But I just stack silver as I can afford to instead.
    Marck and stg58 like this.
  5. Mike

    Mike Ol' Army Sergeant Monkey

    Every now and again we get a chance to gather up wire left over on installations. One project had some 4 and 5 foot long sections of 500kcmil wire, stranded copper. I made a lot of money off those scraps. Mostly it's #2 and #6 used in electronics installations.
    Marck and stg58 like this.
  6. kellory

    kellory An unemployed Jester, is nobody's fool. Banned

    ALL of my hunting and fishing money comes from recycling metals. Steel, aluminum, and copper, brass in rare cases. Currently saving for a new laptop. Scrap metals are a side effect of my job, and I keep my eyes open for odd bits others have overlooked as well.
  7. stg58

    stg58 Monkey+++ Site Supporter+ Founding Member

    Not advocating spending $.99 an ounce for something that is worth $.20 but there are a number of different styles of copper rounds which takes money for dies ect with the cost at this point is more for manufacturing than content.
    I wonder if someone is speculating on an incredible spike on metals that would take copper rounds to dollars per ounce along with a spike in Gold and Silver.
    In the mean time I will buy Silver at around $20.00 and salt away those pre 1982 pennys for $.01
    Last edited: Mar 9, 2014
    Mike likes this.
  8. Mike

    Mike Ol' Army Sergeant Monkey

    Copper is critical in communications equipment, automotive, so much else. We are experiencing a lot of copper theft in the wireless industry.
    Marck and stg58 like this.
  9. DarkLight

    DarkLight I self identify as a Blackhawk Attack Helicopter! Site Supporter

    Had a helicopter searching the apartment complex being built behind our house last week. Turns out there had been copper thefts from the buildings in the middle of the night previously.

    I gotta move...
  10. Mike

    Mike Ol' Army Sergeant Monkey

    Just add some lead to the individuals moving the copper. Then the copper stays intact and your shooting skills stay sharp.
    ozarkgoatman likes this.
  11. kellory

    kellory An unemployed Jester, is nobody's fool. Banned

    Or voltage.....[sarca]:rolleyes:
    Mike likes this.
  12. stg58

    stg58 Monkey+++ Site Supporter+ Founding Member

    We had some idiots cut a 240 count fiber "thinking" it was copper.
    kellory likes this.
  13. Mike

    Mike Ol' Army Sergeant Monkey

    Wow! Talk about backhoe fade, lol. In the estimable words of Gomer Pyle, "Surprise, Surprise, Surprise"
  14. Mechwolf

    Mechwolf Monkey+

    since this thread got a tad off course. I would suggest buying copper bullion. The simple reason ...you can resell it on ebay for 3 to 4 times what you paid for it. I highly recommend provident metals.They have the best prices i have found.
  15. Moatengator

    Moatengator Monkey

survivalmonkey SSL seal        survivalmonkey.com warrant canary